Plainfield Foundation
- Assets
- $12.4m
- Revenue
- $366.3k
- Investments
- $11.9m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 10/1982
- Data as of
- 12/2023
- EIN
- 22-6023276
Organization Overview
Plainfield Foundation is located in Pittsburgh, PA. The organization was established in 1982. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plainfield Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Plainfield Foundation generated $366.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $789.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Plainfield Foundation has awarded 150 individual grants totaling $1,716,368. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $35,214 |
| Interest on Savings | $0 |
| Dividends & Interest | $333,449 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,351 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $366,312 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $157,070 |
| Other employee salaries and wages | $17,209 |
| Pension plans, employee benefits | $365 |
| Interest | $0 |
| Taxes | $5,960 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $6,249 |
| Printing and publications | $0 |
| Other expenses | $35,124 |
| Total operating and administrative expenses | $227,377 |
| Contributions, gifts, grants paid | $561,975 |
| Total expenses and disbursements | $789,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$24,773 |
| Savings and temporary cash investments | $468,575 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,731,758 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,373,886 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Plainfield Foundation has awarded $588,188 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
ANTHONY VALLEJO CO PNC BANK NA PURPOSE: SCHOLARSHIP | $1,750 |
SOFIA CASIMIRO CO PNC BANK NA PURPOSE: SCHOLARSHIP | $2,000 |
CLIFFORD STUECK CO PNC BANK NA PURPOSE: SCHOLARSHIP | $4,000 |
EMMA THUMANN CO PNC BANK NA PURPOSE: SCHOLARSHIP | $2,000 |
TYLER CROWN CO PNC BANK NA PURPOSE: SCHOLARSHIP | $2,550 |
LYNDA FARINELLA CO PNC BANK NA PURPOSE: SCHOLARSHIP | $15,000 |