Zella J Gahagen Charitable Fdn is located in Pittsburgh, PA. The organization was established in 1990. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Zella J Gahagen Charitable Fdn 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, Zella J Gahagen Charitable Fdn generated $861.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 39.5% each year . All expenses for the organization totaled $518.0k during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 3 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 2020, Zella J Gahagen Charitable Fdn has awarded 12 individual grants totaling $1,085,000. 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 | $122,621 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $729,835 |
Capital Gain Net Income | $729,835 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $8,769 |
Total Revenue | $861,225 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $16,136 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $6,809 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $60 |
Total operating and administrative expenses | $23,005 |
Contributions, gifts, grants paid | $495,000 |
Total expenses and disbursements | $518,005 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $80,370 |
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 | $5,163,488 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $5,243,858 |
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, Zella J Gahagen Charitable Fdn has awarded $295,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
JUNIATA COLLEGE PURPOSE: GENERA OPERATING | $14,750 |
ELIZABETHTOWN COLLEGE PURPOSE: GENERAL OPERATING | $14,750 |
NEW DAY INC PURPOSE: GENERAL OPERATING | $88,500 |
CHURCH OF THE BRETHREN PURPOSE: GENERAL OPERATING | $177,000 |