Ovid D Robinson Charitable Tr Pittsburgh National Bank
- Assets
- $3.9m
- Revenue
- $97.1k
- Investments
- $3.8m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1970
- Data as of
- 12/2023
- EIN
- 25-6023648
Organization Overview
Ovid D Robinson Charitable Tr Pittsburgh National Bank is located in Pittsburgh, PA. The organization was established in 1970. 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.
For the year ending 12/2023, Ovid D Robinson Charitable Tr Pittsburgh National Bank generated $97.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $250.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ovid D Robinson Charitable Tr Pittsburgh National Bank has awarded 70 individual grants totaling $2,043,555. 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 | $107,228 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,167 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $97,061 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,363 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,864 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,598 |
| Total operating and administrative expenses | $50,825 |
| Contributions, gifts, grants paid | $199,348 |
| Total expenses and disbursements | $250,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $154,065 |
| 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 | $3,778,435 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,932,500 |
| 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, Ovid D Robinson Charitable Tr Pittsburgh National Bank has awarded $199,348 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF WESTERN PA PURPOSE: GENERAL SUPPORT | $69,772 |
CHILDRENS HOSPITAL OF PITTSBURGH PURPOSE: GENERAL SUPPORT | $19,062 |
LEARNING DISABILITIES ASSOCIATION OF AME PURPOSE: GENERAL SUPPORT | $9,304 |
FAMILY LINKS PURPOSE: GENERAL SUPPORT | $20,000 |
RUTH'S WAY INC PURPOSE: GENERAL SUPPORT | $15,500 |
THE WATSON INSTITUTE PURPOSE: GENERAL SUPPORT | $34,886 |