Taiama Foundation
- Assets
- $3.8m
- Revenue
- $137.3k
- Investments
- $3.7m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 04/2010
- Data as of
- 12/2022
- EIN
- 27-1825537
Organization Overview
Taiama Foundation is located in Pittsburgh, PA. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Taiama Foundation 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 12/2022, Taiama Foundation generated $137.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $147.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Taiama Foundation has awarded 52 individual grants totaling $885,532. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alain Belda Director - Part Time | 0 | $0 | |
Edward Aufman Manager - Part Time | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35 |
| Dividends & Interest | $70,922 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $66,352 |
| Capital Gain Net Income | $66,352 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $137,309 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,757 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $20,666 |
| Contributions, gifts, grants paid | $126,871 |
| Total expenses and disbursements | $147,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,229 |
| Savings and temporary cash investments | $0 |
| 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 | $3,746,533 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,788,762 |
| 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, Taiama Foundation has awarded $126,871 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MUSIC HOUSE PURPOSE: GENERAL SUPPORT | $10,640 |
ONCA FARI PURPOSE: GENERAL SUPPORT | $25,000 |
ASSOCIATION OF EDUCATION PARTNERS PURPOSE: GENERAL SUPPORT | $16,770 |
HISTORICAL & ARTISTIC INSTITUTE PURPOSE: GENERAL SUPPORT | $4,201 |
GASTROMAR SOLUCOES PURPOSE: GENERAL SUPPORT | $6,790 |
FREE LIBRARY OF PHILADELPHIA FUND PURPOSE: GENERAL SUPPORT | $10,000 |