W Moreland And Ruth U Ernst Charitable Tr
- Assets
- $1.2m
- Revenue
- $22.0k
- Investments
- $1.2m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 05/2007
- Data as of
- 12/2023
- EIN
- 25-6903197
Organization Overview
W Moreland And Ruth U Ernst Charitable Tr is located in Pittsburgh, PA. The organization was established in 2007. 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. W Moreland And Ruth U Ernst 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 12/2023, W Moreland And Ruth U Ernst Charitable Tr generated $22.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $77.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, W Moreland And Ruth U Ernst Charitable Tr has awarded 215 individual grants totaling $542,100. 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 | $32,534 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,743 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,231 |
| Total Revenue | $22,022 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,092 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $297 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,389 |
| Contributions, gifts, grants paid | $61,845 |
| Total expenses and disbursements | $77,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,975 |
| 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 | $1,161,580 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,173,555 |
| 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, W Moreland And Ruth U Ernst Charitable Tr has awarded $61,845 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
SUPREME COUNCIL EDUCATION & CHARITY FUND PURPOSE: GENERAL SUPPORT | $1,420 |
AMERICAN BIBLE SOCIETY PURPOSE: GENERAL SUPPORT | $1,420 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL SUPPORT | $1,420 |
GUIDING EYES FOR THE BLIND PURPOSE: GENERAL SUPPORT | $3,313 |
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL SUPPORT | $2,682 |
SALVATION ARMY PURPOSE: GENERAL SUPPORT | $12,937 |