John M Hopwood Charitable Trust 3295
- Assets
- $14.3m
- Revenue
- $1.0m
- Investments
- $14.0m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 07/1949
- Data as of
- 12/2023
- EIN
- 25-6022634
Organization Overview
John M Hopwood Charitable Trust 3295 is located in Pittsburgh, PA. The organization was established in 1949. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. John M Hopwood Charitable Trust 3295 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, John M Hopwood Charitable Trust 3295 generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, John M Hopwood Charitable Trust 3295 has awarded 420 individual grants totaling $10,743,050. 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 |
|---|---|---|---|
Pnc Bank N A Co-Trustee | 40 | $193,819 | |
Trevor W Hopwood Co-Trustee | 14 | $96,895 | |
Anna Blanton Co-Trustee | 1 | $0 | |
Taite W Hopwood Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $986,306 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $51,251 |
| Capital Gain Net Income | $51,251 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $625 |
| Total Revenue | $1,038,182 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $290,714 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,975 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $56,626 |
| Total operating and administrative expenses | $362,315 |
| Contributions, gifts, grants paid | $1,265,000 |
| Total expenses and disbursements | $1,627,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $241,842 |
| 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 | $7,060,798 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $49,998 |
| Total assets | $14,330,708 |
| 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, John M Hopwood Charitable Trust 3295 has awarded $1,265,000 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
GIRLS ON THE RUN PURPOSE: OPERATING SUPPORT | $3,000 |
LITERACY SERVICES OF INDIAN RIVER COUNTY PURPOSE: OPERATING SUPPORT | $5,000 |
ST EDWARDS SCHOOL PURPOSE: ANNUAL FUND 2021 | $3,000 |
SCHOLARSHIP FDN OF INDIAN RIVER CO PURPOSE: OPERATING SUPPORT | $25,000 |
NEW ENGLAND FORESTRY FDN PURPOSE: FOREST TO CITIES | $25,000 |
EASTERN AREA AGENCY ON AGING PURPOSE: MEALS ON WHEELS PROGRAM | $5,000 |