Standard Charitable Foundation
- Assets
- $0.0
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Monroeville, PA
- Founding
- 08/2011
- Data as of
- 11/2021
- EIN
- 27-3219112
Organization Overview
Standard Charitable Foundation is located in Monroeville, PA. The organization was established in 2011. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Standard Charitable 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 11/2021, Standard Charitable Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 70.1% each year . All expenses for the organization totaled $188.3k during the year ending 11/2021. While expenses have increased by 5.9% per year over the past 6 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 2016, Standard Charitable Foundation has awarded 196 individual grants totaling $1,095,293. 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 |
|---|---|---|---|
Terence L Graft Outgoing Director | 0 | $0 | |
Timothy K Zimmerman Outgoing Director/president | 0.15 | $0 | |
Andrew Hasley Outgoing Director/vice President | 0.15 | $0 | |
Thomas J Rennie Outgoing Director | 0 | $0 | |
Paul A Iurlano Outgoing Director | 0 | $0 | |
James D Bendel Outgoing Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $42,575 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,263,188 |
| Capital Gain Net Income | $2,263,188 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $171 |
| Total Revenue | $2,305,934 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,135 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,535 |
| Contributions, gifts, grants paid | $185,780 |
| Total expenses and disbursements | $188,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Standard Charitable Foundation has awarded $185,780 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEGHENY COUNTY HABITAT FOR HUMANITY PURPOSE: PUCHASE MATERIALS FOR HOUSING PROJECTTO ASSIST WITH THE PURCHASE OF MATERIALS FOR HOUSING PROJECT | $10,000 |
BLACKBURN CENTER PURPOSE: SUPPORT THERAPY SERVICES | $5,000 |
CASA OF WESTMORELAND INC PURPOSE: TO PROVIDE TRAINING TO VOLUNTEER ADVOCATES | $5,000 |
HOMELESS CHILDREN'S EDUCATION FUND PURPOSE: TO SUPPORT HIGHER EDUCATION OR CAREER TRAINING PROGRAMS TO YOUTH EXPERIENCING HOMELESSNESS | $5,000 |
HEARTH PURPOSE: PROVIDE HOUSING FOR WOMEN AND CHILDREN | $10,000 |
MAKE-A-WISH PURPOSE: CREATE A LIFE-CHANGING WISH FOR A CHILD WITH A CRITICAL ILLNESS | $5,000 |