Pittsburgh Terminal Corporation Foundation
- Assets
- $187.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1995
- Data as of
- 12/2021
- EIN
- 25-0906824
Organization Overview
Pittsburgh Terminal Corporation Foundation is located in Pittsburgh, PA. The organization was established in 1995. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Pittsburgh Terminal Corporation 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 12/2021, Pittsburgh Terminal Corporation Foundation generated $51.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.1%) each year. All expenses for the organization totaled $7.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (37.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S MISSION IS TO SELL ITS REAL ESTATE AND OTHER INVESTMENTS AND DISTRIBUTE THE PROCEEDS TO ITS SIX SUPPORTED ORGANIZATIONS. SEE THE ATTACHED COURT ORDER. DURING THE 2021 CALANDAR YEAR THE ORGANIZATION COMPLETED THE DISPOSITION OF ITS REMAINING OIL AND GAS ROYALITY RIGHTS AND WILL ACCORDINGLY LIQUIDATE DURING THE 2022 CALANDAR YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
K Sidney Neuman ESQ Director, Sec/treasurer | 1 | $0 | |
Daniel Brandeis Director, Vice President | 1 | $0 | |
Jeffrey Finkelstein Director, President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $51,701 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,701 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,865 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $7,865 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,729 |
| Other assets | $0 |
| Total assets | $187,134 |
| Total liabilities | $0 |
| Net assets or fund balances | $187,134 |
Grants Awarded
Over the last fiscal year, Pittsburgh Terminal Corporation Foundation has awarded $1,042,670 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Pittsburgh, PA PURPOSE: UNRESTRICTED GRANT | $391,000 |
New York, NY PURPOSE: UNRESTRICTED GRANT | $130,334 |
New York, NY PURPOSE: UNRESTRICTED GRANT | $130,334 |
Berkeley, CA PURPOSE: UNRESTRICTED GRANT | $130,334 |
ZIONIST ORGANIZATION OF AMERICA PURPOSE: UNRESTRICTED GRANT | $130,334 |
AMERICAN ASSOCIATES BEN-GURION UNIVERSITY OF THE NEGEV INC PURPOSE: UNRESTIRCTED GRANTUNRESTRICTED GRANT | $130,334 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of Greater Toledo Toledo, OH | $26,573,866 | $11,242,567 |
United Way Of The Capital Region Enola, PA | $30,416,646 | $10,642,115 |
United Way Of Northern New Jersey Inc Cedar Knolls, NJ | $17,018,206 | $10,490,738 |
United Way Of Westchester And Putnam Inc White Plains, NY | $5,306,671 | $10,280,091 |
Mosaic & Terrazzo Welfare Fund Long Island City, NY | $7,395,380 | $7,617,875 |
Major League Baseball Charities Inc New York, NY | $2,315,439 | $9,095,032 |
United Way Of Wyoming Valley Wilkes Barre, PA | $25,303,702 | $9,071,760 |
Federation Of Protestant Welfare Agencies Inc New York, NY | $89,939,475 | $9,007,528 |
United Way Of Essex And West Hudson Newark, NJ | $9,335,896 | $5,246,649 |
Jewish Federation Of Greater Dayton Inc Dayton, OH | $48,084,163 | $5,302,720 |
Jewish Federation Of Columbus Columbus, OH | $17,787,138 | $6,588,134 |
United Way Of Bucks County Fairless Hills, PA | $4,389,093 | $6,298,784 |