The Commons Family Charitable Trust
- Assets
- $1.3m
- Revenue
- $31.1k
- Investments
- $1.3m
- Employees
- 0
- Location
- Johnstown, PA
- Founding
- 06/1995
- Data as of
- 12/2023
- EIN
- 25-6448419
Organization Overview
The Commons Family Charitable Trust is located in Johnstown, PA. The organization was established in 1995. 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. Commons Family 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 12/2023, Commons Family Charitable Trust generated $31.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $116.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Commons Family Charitable Trust has awarded 114 individual grants totaling $669,922. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 1 | $0 | |
Melanie Zearfoss Trustee | 1 | $0 | |
Wesley Beach Trustee | 1 | $0 | |
Katherine O'rourke Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,032 |
| Dividends & Interest | $35,007 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,930 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $31,109 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $283 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,566 |
| Contributions, gifts, grants paid | $89,619 |
| Total expenses and disbursements | $116,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,415 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,264,080 |
| 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, The Commons Family Charitable Trust has awarded $89,619 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
SLIPPERY ROCK UNIVERSITY PURPOSE: SCHOLARSHIP - ABIGAIL ZEGLEN | $1,000 |
HASTINGS BOROUGH PURPOSE: UNRESTRICTED | $27,668 |
SAINT FRANCIS UNIVERSITY PURPOSE: SCHOLARSHIP - RYLEE BERNECKY | $1,000 |
COMMONWEALTH UNIVERSITY OF PA PURPOSE: SCHOLARSHIP - KIMBERLY MINEMYER | $1,000 |
INDIANA UNIVERSITY OF PENNSYLVANIA PURPOSE: SCHOLARSHIP - JORDAN M. ANGERT | $1,000 |
PENN HIGHLANDS COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP - NATHAN WHOLAVER | $1,000 |