John R Mccune Char Trust No 9721
- Assets
- $68.7m
- Revenue
- $4.7m
- Investments
- $54.4m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1900
- Data as of
- 11/2023
- 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 11/2023, John R Mccune Char Trust No 9721 generated $4.7m 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 (10.8%) each year. All expenses for the organization totaled $8.0m during the year ending 11/2023. 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 573 individual grants totaling $21,267,036. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pnc Bank N A Trustee | 92 | $431,449 | |
Janet Mccune Edwards Anti Dispensing Commitee Member | 1 | $0 | |
Molly Mccune Cathey Dispensing Commitee Member | 1 | $0 | |
John Robison Mccune Vi Dispensing Commitee Member | 1 | $0 | |
Carrie Mccune Katigan Dispensing Commitee Member | 1 | $0 | |
Laurie M Lewis Dispensing Commitee Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,182,216 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $505,707 |
| Capital Gain Net Income | $505,707 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,846 |
| Total Revenue | $4,701,769 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $431,449 |
| Other employee salaries and wages | $215,200 |
| Pension plans, employee benefits | $24,794 |
| Interest | $0 |
| Taxes | $76,240 |
| Depreciation | $0 |
| Occupancy | $30,242 |
| Travel, conferences, and meetings | $32,073 |
| Printing and publications | $0 |
| Other expenses | $105,906 |
| Total operating and administrative expenses | $916,704 |
| Contributions, gifts, grants paid | $7,104,066 |
| Total expenses and disbursements | $8,020,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,509 |
| Savings and temporary cash investments | $14,314,389 |
| 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 | $27,780,034 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $68,723,635 |
| 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 $7,104,066 in support to 145 organizations.
| Grant Recipient | Amount |
|---|---|
ALZEHEIMER'S ASSOCIATION PURPOSE: GENERAL SUPPORT | $27,900 |
FOUNDATION FOR THE CALLIER PURPOSE: GENERAL SUPPORT | $55,762 |
PARKLAND FOUNDATION PURPOSE: GENERAL SUPPORT | $55,763 |
TEXAS ASSOCIATION FOR THE PURPOSE: GENERAL SUPPORT | $55,763 |
DALLAS CHILDREN'S ADVOCACY CENTER PURPOSE: GENERAL SUPPORT | $18,000 |
DALLAS FOUNDATION PURPOSE: BIG FIX FOR BIG D PROGRAM | $55,762 |