William B Mclaughlin Charitable Tr
- Assets
- $2.5m
- Revenue
- $292.3k
- Investments
- $2.5m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 04/2004
- Data as of
- 09/2023
- EIN
- 25-6842434
Organization Overview
William B Mclaughlin Charitable Tr is located in Pittsburgh, PA. The organization was established in 2004. 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. William B Mclaughlin Charitable Tr 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 09/2023, William B Mclaughlin Charitable Tr generated $292.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $123.8k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William B Mclaughlin Charitable Tr has awarded 200 individual grants totaling $958,367. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $66,962 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $224,893 |
| Capital Gain Net Income | $224,893 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $406 |
| Total Revenue | $292,261 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,180 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,946 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,684 |
| Total operating and administrative expenses | $36,810 |
| Contributions, gifts, grants paid | $86,995 |
| Total expenses and disbursements | $123,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $76,802 |
| 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 | $2,073,803 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,536,744 |
| 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, William B Mclaughlin Charitable Tr has awarded $86,995 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED SERVICE ORGANIZATIONS PURPOSE: GENERAL SUPPORT | $2,300 |
EAST END COOPERATIVE MINISTRY PURPOSE: CHILDREN AND YOUTH PROGRAM | $3,900 |
PARKINSONS FOUNDATION OF PURPOSE: GENERAL SUPPORT | $3,900 |
ANGELS' PLACE INC PURPOSE: SUPPORT OF SHOWCASE OF | $3,900 |
ALZHEIMER'S ASSOCIATION OF PURPOSE: FUNDING FOR THREE CORE | $3,330 |
ANCHORPOINT COUNSELING MINISTRY PURPOSE: SUPPORT OF YOUTH | $4,965 |