John R Mccune Char Trust No 9721
- Assets
- $72.7m
- Revenue
- $3.2m
- Investments
- $55.6m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1900
- Data as of
- 11/2022
- EIN
- 25-6160722
Organization Overview
John R Mccune Char Trust No 9721 is located in Pittsburgh, PA. The organization was established in 1900. 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 11/2022, John R Mccune Char Trust No 9721 generated $3.2m 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 (18.0%) each year. All expenses for the organization totaled $4.5m during the year ending 11/2022. As we would expect to see with falling revenues, expenses have declined by (13.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, John R Mccune Char Trust No 9721 has awarded 428 individual grants totaling $14,162,970. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,339,518 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$169,074 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,170,444 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $442,528 |
| Other employee salaries and wages | $204,075 |
| Pension plans, employee benefits | $23,457 |
| Interest | $0 |
| Taxes | $21,160 |
| Depreciation | $0 |
| Occupancy | $30,591 |
| Travel, conferences, and meetings | $34,893 |
| Printing and publications | $0 |
| Other expenses | $98,203 |
| Total operating and administrative expenses | $860,491 |
| Contributions, gifts, grants paid | $3,689,040 |
| Total expenses and disbursements | $4,549,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,340 |
| Savings and temporary cash investments | $17,084,851 |
| 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 | $28,580,034 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $72,660,293 |
| 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, John R Mccune Char Trust No 9721 has awarded $3,689,040 in support to 133 organizations.
| Grant Recipient | Amount |
|---|---|
Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $250,000 |
Reston, VA PURPOSE: GENERAL SUPPORT | $193,950 |
Dallas, TX PURPOSE: GENERAL SUPPORT | $160,000 |
PRESBYTERIAN FOUNDATION PURPOSE: GENERAL SUPPORT | $125,000 |
ALLEGHENY GENERAL HOSPITAL PURPOSE: GENERAL SUPPORT | $125,000 |
Oklahoma City, OK PURPOSE: GENERAL SUPPORT | $103,950 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Natural Heritage Trust Albany, NY | $68,314,961 | $23,861,363 |
Hollow Metal Trust Fund New York, NY | $38,290,021 | $12,661,866 |
Adp Foundation Roseland, NJ | $23,560,078 | $20,725,290 |
Foundation Berma New York, NY | $320,553,699 | $33,382,644 |
Bam Endowment Trust Brooklyn, NY | $106,959,115 | $5,566,840 |
John R Oishei Consolidated Tr 01091998 Buffalo, NY | $21,967,662 | $5,743,689 |
Goldstein Family Foundation Spring Valley, NY | $15,534,248 | $10,502,547 |
William H Davis & Dorothy M Davis & William C Davis Foundation Columbus, OH | $50,622,304 | $3,999,336 |
Sol Goldman Charitable Trust New York, NY | $0 | $3,639,060 |
Traditions At Mill Run Columbus, OH | $9,179,158 | $5,528,068 |
Schwartz Fam Foundation Tr New York, NY | $15,701,646 | $4,641,500 |