Frederick & Ellen Fair Memorial Fund P06109006 is located in Pittsburgh, PA. The organization was established in 2013. 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. Frederick & Ellen Fair Memorial Fund P06109006 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, Frederick & Ellen Fair Memorial Fund P06109006 generated $411.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $430.4k during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 8 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.
Since 2016, Frederick & Ellen Fair Memorial Fund P06109006 has awarded 71 individual grants totaling $2,424,655. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $189,627 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $222,287 |
Capital Gain Net Income | $222,287 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $411,914 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $68,435 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $7,056 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $21,413 |
Total operating and administrative expenses | $96,904 |
Contributions, gifts, grants paid | $333,463 |
Total expenses and disbursements | $430,367 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $311,133 |
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 | $6,955,990 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $7,267,123 |
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, Frederick & Ellen Fair Memorial Fund P06109006 has awarded $333,463 in support to 12 organizations.
Grant Recipient | Amount |
---|---|
VENANGO COUNTY ASSOCIATION FOR THE BLIND PURPOSE: BLIND & VISUALLY IMPAIRED | $35,000 |
EPISCOPAL DIOCESE OF NW PA PURPOSE: SHEPHERD'S GREEN COMMUNITY | $25,000 |
CRANBERRY HOME AND SCHOOL PURPOSE: ADA ACCESSIBLE PLAYGROUND | $25,000 |
BELLES LETTRES CLUB PURPOSE: STEINWAY PIANO RESTORATION | $23,282 |
CHRISTIAN LIFE ACADEMY INC PURPOSE: CLASSROOM NEEDS | $22,163 |
E A A FRANKLIN SPORT CHAPTER 988 INC PURPOSE: ENHANCING AVIATION | $4,439 |