Giant Eagle Foundation
- Assets
- $21.3m
- Revenue
- $6.5m
- Investments
- $15.1m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 02/2013
- Data as of
- 06/2023
- EIN
- 32-0384487
Organization Overview
Giant Eagle Foundation is located in Pittsburgh, PA. The organization was established in 2013. 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. Giant Eagle 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 06/2023, Giant Eagle Foundation generated $6.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $3.3m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Giant Eagle Foundation has awarded 1,288 individual grants totaling $28,335,615. 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 |
|---|---|---|---|
David Shapira Chairman | 0 | $0 | |
Charles Porter Director | 0 | $0 | |
William Meehan Director | 0 | $0 | |
Edward Moravitz Director | 0 | $0 | |
Louis Plung Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,260,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $342,193 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$99,423 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $358 |
| Total Revenue | $6,503,128 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,453 |
| Total operating and administrative expenses | $93,132 |
| Contributions, gifts, grants paid | $3,224,806 |
| Total expenses and disbursements | $3,317,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,058 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $6,260,000 |
| 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 | $15,054,997 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,325,055 |
| 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, Giant Eagle Foundation has awarded $3,224,806 in support to 149 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVEMENT CENTERS FOR CHILDREN PURPOSE: CHARITABLE | $2,000 |
ADVANCED LEADERSHIP INITIATIVE PURPOSE: CHARITABLE | $20,000 |
AKRON CANTON REGIONAL FOODBANK PURPOSE: CHARITABLE | $15,000 |
AKRON CHILDREN'S HOSPITAL PURPOSE: CHARITABLE | $2,000 |
ALEPH INSTITUTE PURPOSE: CHARITABLE | $9,000 |
ANTI DEFAMATION LEAGUE PURPOSE: CHARITABLE | $2,000 |