Sutphin Family Foundation
- Assets
- $33.0m
- Revenue
- $3.9m
- Investments
- $29.1m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 06/1995
- Data as of
- 12/2023
- EIN
- 31-1423164
Organization Overview
Sutphin Family Foundation is located in Pittsburgh, PA. The organization was established in 1995. 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. Sutphin Family 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 12/2023, Sutphin Family Foundation generated $3.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sutphin Family Foundation has awarded 481 individual grants totaling $13,153,228. 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 |
|---|---|---|---|
Christina S Kohnen Trustee | 1 | $0 | |
Wendy Ritch Trustee | 1 | $0 | |
Stuart B Sutphin IV Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,871,459 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,269,866 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $804,080 |
| Capital Gain Net Income | $804,080 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $110 |
| Total Revenue | $3,945,515 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $47,591 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $107,070 |
| Total operating and administrative expenses | $477,075 |
| Contributions, gifts, grants paid | $2,149,000 |
| Total expenses and disbursements | $2,626,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,957,104 |
| 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 | $12,971,250 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $33,022,622 |
| 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, Sutphin Family Foundation has awarded $2,149,000 in support to 72 organizations.
| Grant Recipient | Amount |
|---|---|
PER SCHOLAS PURPOSE: IT JOB TRAINING | $10,000 |
CREATIVE TIME INC PURPOSE: GENERAL SUPPORT | $10,000 |
CENTER FOR RESPITE CARE INC PURPOSE: GENERAL SUPPORT | $25,000 |
THE CINCINNATI EYE INSTITUTE FDN PURPOSE: GENERAL SUPPORT | $15,000 |
TAFT MUSEUM OF ART PURPOSE: EXHIBITION FEES, ADA | $20,000 |
KOHNEN FAMILY INITIATIVE ON ALZHEIMERS PURPOSE: ALZHEIMERS AND DEMENTIA | $50,000 |