Herbert G Feldman Charitable Foundation
- Assets
- $3.6m
- Revenue
- $370.8k
- Investments
- $3.5m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 25-1832024
Organization Overview
Herbert G Feldman Charitable Foundation is located in Pittsburgh, PA. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Herbert G Feldman Charitable 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, Herbert G Feldman Charitable Foundation generated $370.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $276.6k during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Herbert G Feldman Charitable Foundation has awarded 199 individual grants totaling $1,021,420. 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
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzan Zmuda Officer | 2 | $10,598 | |
Carol Cinowalt Officer | 2 | $9,398 | |
Barbara Westell Officer | 2 | $9,398 | |
Debra Alexander Officer | 2 | $9,398 | |
Paul Ringloff Officer | 2 | $9,398 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $90,998 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $273,953 |
| Capital Gain Net Income | $273,953 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,893 |
| Total Revenue | $370,844 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,190 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $703 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,036 |
| Printing and publications | $0 |
| Other expenses | $5 |
| Total operating and administrative expenses | $90,980 |
| Contributions, gifts, grants paid | $185,571 |
| Total expenses and disbursements | $276,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $97,849 |
| 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 | $2,902,160 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,626,245 |
| 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, Herbert G Feldman Charitable Foundation has awarded $185,571 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
WEATHERFORD COLLEGE PURPOSE: SCHOLARSHIPS | $18,500 |
CLOVERLEAF AREA ECUMENICAL FOOD BANK PURPOSE: GENERAL SUPPORT | $11,200 |
CENTER OF HOPE PURPOSE: GENERAL SUPPORT | $10,000 |
CHILDRENS HOSPITAL OF PITTSBURGH PURPOSE: GENERAL SUPPORT | $10,000 |
Pittsburgh, PA PURPOSE: SCHOLARSHIPS | $8,356 |
PENN STATE UNIVERISTY PURPOSE: SCHOLARSHIP | $8,240 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Longwood Gardens Inc Kennett Square, PA | $1,437,882,296 | $93,650,257 |
Goldman Sachs Foundation New York, NY | $0 | $131,861,636 |
Commonwealth Fund New York, NY | $0 | $69,444,117 |
Longwood Foundation Inc Wilmington, DE | $0 | $53,076,926 |
The Comcast Nbcuniversal Foundation Philadelphia, PA | $16,720,236 | $25,679,760 |
Sherman Fairchild Foundation Inc Chevy Chase, MD | $608,781,139 | $70,437,193 |
Clark Foundation New York, NY | $443,485,871 | $14,281,811 |
John A Hartford Foundation New York, NY | $722,012,839 | $47,164,108 |
Blackstone Charitable Foundation New York, NY | $141,651,293 | $22,568,243 |
Progressive Insurance Foundation Cleveland, OH | $7,804,354 | $47,823,383 |
Interlaken Foundation Inc NEW YORk, NY | $351,082,390 | $62,213,890 |
Verizon Foundation Basking Ridge, NJ | $26,429,657 | $21,584,016 |