Benjamin And Fannie Applestein Charitable Trust
- Assets
- $847.8k
- Revenue
- $85.0k
- Investments
- $817.9k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 25-6409505
Organization Overview
Benjamin And Fannie Applestein Charitable Trust is located in Pittsburgh, PA. The organization was established in 2017. 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. Benjamin And Fannie Applestein Charitable 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, Benjamin And Fannie Applestein Charitable Trust generated $85.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $86.4k during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 5 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 2018, Benjamin And Fannie Applestein Charitable Trust has awarded 52 individual grants totaling $218,497. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,126 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,963 |
| Capital Gain Net Income | $60,963 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,900 |
| Total Revenue | $84,989 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,960 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $235 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,195 |
| Contributions, gifts, grants paid | $74,241 |
| Total expenses and disbursements | $86,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,937 |
| 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 | $817,856 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $847,793 |
| 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, Benjamin And Fannie Applestein Charitable Trust has awarded $74,241 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
PITTSBURGH SYMPHONY SOCIETY PURPOSE: GENERAL SUPPORT | $5,717 |
UPMC MERCY PURPOSE: GENERAL SUPPORT | $5,717 |
Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $5,717 |
RODEF SHALOM CONGREGATION PURPOSE: GENERAL SUPPORT | $5,709 |
GOODWILL INDUSTRIES PURPOSE: GENERAL SUPPORT | $5,709 |
JEWISH HOME & HOSPITAL FOR THE AGED PURPOSE: GENERAL SUPPORT | $5,709 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Lang Rachel Boyce Charitable Trust Xxx-Xx-Xxxx Youngstown, OH | $0 | $17,968 |
J M Lockhart Lockhart J M Ally Herc Pittsburgh, PA | $71,861,137 | $5,661,653 |
John R Mccune Char Trust No 9721 Pittsburgh, PA | $72,660,293 | $3,170,444 |
Madeline Foundation Baltimore, MD | $27,935,341 | $684,991 |
College Properties Of Lorain County Inc Oberlin, OH | $42,105,647 | $1,116,823 |