Punxsutawney Area College Trust

Organization Overview

Punxsutawney Area College Trust is located in Punxsutawney, PA. The organization was established in 1963. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Punxsutawney Area College Trust 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, Punxsutawney Area College Trust generated $158.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $126.1k during the year ending 12/2021. While expenses have increased by 16.7% 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $8,904
Dividends & Interest $20,180
Net Rental Income$0
Net Gain on Sale of Assets $129,177
Capital Gain Net Income $129,177
Net ST Capital Gain $12,907
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $158,261

Grants Awarded

Over the last fiscal year, Punxsutawney Area College Trust has awarded $111,000 in support to 3 organizations.

Grant RecipientAmount

IUP CULINARY SCHOLARSHIP FOUNDATION

PURPOSE: SCHOLARSHIPS

$55,000

FOUNDATION FOR IUP

PURPOSE: CONTRIBUTIONS

$41,000

IUP SCHOLARSHIP FOUNDATION

PURPOSE: SCHOLARSHIPS

$15,000
View Grant Profile

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