Louise Washington Charitable Trust 010-42432012041505
- Assets
- $26.6m
- Revenue
- $1.4m
- Investments
- $25.1m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 03/2015
- Data as of
- 12/2023
- EIN
- 22-6580528
Organization Overview
Louise Washington Charitable Trust 010-42432012041505 is located in Pittsburgh, PA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Louise Washington Charitable Trust 010-42432012041505 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, Louise Washington Charitable Trust 010-42432012041505 generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Louise Washington Charitable Trust 010-42432012041505 has awarded 54 individual grants totaling $10,205,004. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $672,288 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $697,518 |
| Capital Gain Net Income | $697,518 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,324 |
| Total Revenue | $1,374,130 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $206,009 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,598 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $91,313 |
| Total operating and administrative expenses | $309,920 |
| Contributions, gifts, grants paid | $1,485,988 |
| Total expenses and disbursements | $1,795,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,485,043 |
| 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 | $20,574,588 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,598,229 |
| 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, Louise Washington Charitable Trust 010-42432012041505 has awarded $1,485,988 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
LEARNING ALLY PURPOSE: GENERAL SUPPORT | $275,000 |
AMERICAN HEART ASSOCIATION PURPOSE: GENERAL SUPPORT | $100,000 |
CHILDREN'S SPECIALIZED HOSP FDN PURPOSE: GENERAL SUPPORT | $300,000 |
UNITED WAY OF NORTHERN NJ PURPOSE: CHILDCARE SCHOLARSHIP PROG. | $275,000 |
MORRISTOWN MEMORIAL HEALTH FDN PURPOSE: SENIOR SUPPORT PROGRAM | $300,000 |
JEHOVAH'S WITNESSES PURPOSE: FACILITY UPDATES | $135,988 |