W I Patterson Charitable Fund
- Assets
- $5.2m
- Revenue
- $30.9k
- Investments
- $5.2m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1900
- Data as of
- 07/2023
- EIN
- 25-6028639
Organization Overview
W I Patterson Charitable Fund is located in Pittsburgh, PA. The organization was established in 1900. 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.
For the year ending 07/2023, W I Patterson Charitable Fund generated $30.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (35.8%) each year. All expenses for the organization totaled $392.7k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, W I Patterson Charitable Fund has awarded 168 individual grants totaling $925,493. 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 |
|---|---|---|---|
Nancy L Rackoff Trustee | 2 | $15,288 | |
Todd T Jordan Trustee | 2 | $15,288 | |
Harold Balk Trustee | 1 | $15,289 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,945 |
| Dividends & Interest | $134,945 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$106,943 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,947 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,865 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,184 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $81,710 |
| Contributions, gifts, grants paid | $310,990 |
| Total expenses and disbursements | $392,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,554 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,194,533 |
| 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, W I Patterson Charitable Fund has awarded $310,990 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
412 FOOD RESCUE PURPOSE: CASH-GENERAL OPERATING | $5,000 |
AMERICAN RED CROSS PURPOSE: CASH-GENERAL OPERATING | $2,500 |
BIG BROTHERS BIG SISTERS OF GREATER PITTSBURGH PURPOSE: CASH-GENERAL OPERATING | $5,000 |
BLIND & VISION REHABILITATION PURPOSE: CASH-GENERAL OPERATING | $1,000 |
CARNEGIE LIBRARY OF PITTSBURGH PURPOSE: CASH-GENERAL OPERATING | $62,198 |
CARNEGIE MUSUEM OF PITTSBURGH PURPOSE: CASH-GENERAL OPERATING | $5,000 |