Charles B & Margaret E Cushwa Foundation 07682-003 is located in Brooklyn, OH. The organization was established in 1997. 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. Charles B & Margaret E Cushwa Foundation 07682-003 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 12/2021, Charles B & Margaret E Cushwa Foundation 07682-003 generated $42.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $136.4k during the year ending 12/2021. While expenses have increased by 5.7% per year over the past 4 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 2020, Charles B & Margaret E Cushwa Foundation 07682-003 has awarded 22 individual grants totaling $331,280. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keybank National Association Trustee | 1 | $14,423 | |
William W Cushwa Jr Board Member/director | 1 | $0 | |
Mara E Cushwa Board Member/director | 1 | $0 | |
Nicholas Wolsonovich Board Member/director | 1 | $0 | |
N Michael Wolsonovich Jr Board Member/director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $40,105 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $2,070 |
Capital Gain Net Income | $2,070 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $717 |
Total Revenue | $42,892 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $14,423 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $445 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $811 |
Total operating and administrative expenses | $16,129 |
Contributions, gifts, grants paid | $120,280 |
Total expenses and disbursements | $136,409 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $92,382 |
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 | $795,129 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $887,511 |
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 |
Over the last fiscal year, Charles B & Margaret E Cushwa Foundation 07682-003 has awarded $120,280 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
DUQUESNE UNIVERSITY PURPOSE: SCHOLARSHIP | $48,000 |
JOHN CARROLL UNIVERSITY PURPOSE: SCHOLARSHIP | $18,000 |
CARDINAL MOONEY HIGH SCHOOL PURPOSE: SCHOLARSHIP | $12,500 |
Pittsburgh, PA PURPOSE: SCHOLARSHIP | $12,500 |
Youngstown, OH PURPOSE: SCHOLARSHIP | $12,500 |
Coral Gables, FL PURPOSE: SCHOLARSHIP | $7,280 |
Organization Name | Assets | Revenue |
---|---|---|
Van Andel Institute Grand Rapids, MI | $1,815,971,878 | $111,524,637 |
William Davidson Foundation Birmingham, MI | $1,107,938,800 | $127,279,050 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI | $63,637,902 | $79,561,320 |
Gilbert Family Foundation Detroit, MI | $122,833,560 | $20,538,766 |
The Wexner Family Charitable Fund New Albany, OH | $184,942,197 | $254,449,818 |
Maguire Foundation West Conshohocken, PA | $0 | $10,846,953 |
Mabel Pew Myrin Trust Philadelphia, PA | $417,886,148 | $39,075,922 |
Neubauer Family Foundation Philadelphia, PA | $348,008,962 | $28,614,405 |
Nina Mason Pulliam Charitable Tr Indianapolis, IN | $513,484,211 | $27,103,020 |
Quantitative Foundation Philadelphia, PA | $101,541,098 | -$10,401,387 |
Fifth Third Union Trust Co Foundation Cincinnati, OH | $28,852,332 | $17,459,816 |
J N Pew Jr Charitable Trust Philadelphia, PA | $309,649,040 | $25,152,087 |