Cpb Foundation
- Assets
- $25.4m
- Revenue
- $2.4m
- Investments
- $18.4m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 03/2004
- Data as of
- 12/2021
- EIN
- 34-7151671
Organization Overview
Cpb Foundation is located in Pittsburgh, PA. The organization was established in 2004. 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. Cpb 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 12/2021, Cpb Foundation generated $2.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Cpb Foundation has awarded 125 individual grants totaling $10,590,089. 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 |
|---|---|---|---|
Hawthorn Trustee | 30 | $154,781 | |
Harry W Konkel Trustee | 1 | $0 | |
Susan Konkel Trustee | 1 | $0 | |
James Donnell Konkel Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $486,904 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,936,164 |
| Capital Gain Net Income | $1,936,164 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,979 |
| Total Revenue | $2,435,047 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $154,781 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,236 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $92,190 |
| Total operating and administrative expenses | $269,207 |
| Contributions, gifts, grants paid | $2,040,800 |
| Total expenses and disbursements | $2,310,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,404,801 |
| 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 | $10,352,637 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,605,634 |
| Total assets | $25,380,445 |
| 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, Cpb Foundation has awarded $2,040,800 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN PURPOSE: SUPPORTING WATERFOWL | $308,250 |
PORTLAND STAGE COMPANY PURPOSE: SUPPORTING THE ARTS | $299,000 |
Portland, ME PURPOSE: SUPPORTING THE ENDOWMENT | $255,000 |
NAVAL INSTITUTE FOUNDATION PURPOSE: GENERAL FINANCIAL SUPPORT | $200,000 |
Falmouth, ME PURPOSE: SUPPORTING THE FOUNDATION'S | $125,000 |
ANIMAL REFUGE LEAGUE PURPOSE: ANIMAL RESCUE & | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |