Ruth A Hill U I 232-8ar is located in Pittsburgh, PA. The organization was established in 1977. 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. Ruth A Hill U I 232-8ar 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 12/2022, Ruth A Hill U I 232-8ar generated $664.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.7% each year . All expenses for the organization totaled $415.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ruth A Hill U I 232-8ar has awarded 64 individual grants totaling $1,106,257. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $236,133 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $427,842 |
Capital Gain Net Income | $427,842 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $663,975 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $28,746 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $26,127 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $54,873 |
Contributions, gifts, grants paid | $360,500 |
Total expenses and disbursements | $415,373 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $208,241 |
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 | $7,178,421 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $7,386,662 |
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 |
Over the last fiscal year, Ruth A Hill U I 232-8ar has awarded $360,500 in support to 16 organizations.
Grant Recipient | Amount |
---|---|
NOVA SOUTHEASTERN PURPOSE: SCHOLARSHIPS | $4,500 |
WEST VIRGINIA UNIVERSITY PURPOSE: GENERAL OPERATING | $1,600 |
FASHION INSTITUTE OF TECHNOLOGY PURPOSE: SCHOLARSHIPS | $1,600 |
INDIANA UNIVERSITY OF PA PURPOSE: GENERAL OPERATING | $1,430 |
PRESBYTERIAN CHURCH (USA) FOUNDATION PURPOSE: GENERAL OPERATING | $202,100 |
MERCYHURST UNIVERSITY PURPOSE: GENERAL OPERATING | $5,000 |