Obrien-Veba Scholarship Trust
- Assets
- $3.4m
- Revenue
- $137.9k
- Investments
- $3.3m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 01/1991
- Data as of
- 09/2023
- EIN
- 37-6277500
Organization Overview
Obrien-Veba Scholarship Trust is located in Pittsburgh, PA. The organization was established in 1991. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Obrien-Veba Scholarship Trust 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 09/2023, Obrien-Veba Scholarship Trust generated $137.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $288.6k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Obrien-Veba Scholarship Trust has awarded 77 individual grants totaling $798,810. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $83,810 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,057 |
| Capital Gain Net Income | $54,057 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $137,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $53,656 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,434 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,407 |
| Total operating and administrative expenses | $65,497 |
| Contributions, gifts, grants paid | $223,135 |
| Total expenses and disbursements | $288,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $90,679 |
| 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 | $3,318,095 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,408,774 |
| 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, Obrien-Veba Scholarship Trust has awarded $223,135 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
MCKENZY GRAY PURPOSE: SCHOLARSHIP | $12,500 |
TAYLOR HARTKE PURPOSE: SCHOLARSHIP | $12,500 |
LOYOLA CAMPUS MINISTRY PURPOSE: GENERAL OPERATING | $7,400 |
DEPAUL MINISTRY CENTER PURPOSE: GENERAL OPERATING | $7,400 |
ABBY FRISK PURPOSE: SCHOLARSHIP | $15,000 |
KURTIS MOSS PURPOSE: SCHOLARSHIP | $12,500 |