Merle E&olive Lee Gilliand Tr Foundation
- Assets
- $11.2m
- Revenue
- $1.2m
- Investments
- $10.6m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 05/2014
- Data as of
- 06/2022
- EIN
- 38-7099186
Organization Overview
Merle E&olive Lee Gilliand Tr Foundation is located in Pittsburgh, PA. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merle E&olive Lee Gilliand Tr 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 06/2022, Merle E&olive Lee Gilliand Tr Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $916.3k during the year ending 06/2022. While expenses have increased by 3.2% per year over the past 6 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 2015, Merle E&olive Lee Gilliand Tr Foundation has awarded 30 individual grants totaling $4,630,000. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pnc Bank Na Co-Trustee | 20 | $107,602 | |
Jay Ferguson Co-Trustee | 11 | $55,953 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $351,505 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $864,741 |
| Capital Gain Net Income | $864,741 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,216,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $163,555 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,872 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,857 |
| Total operating and administrative expenses | $196,284 |
| Contributions, gifts, grants paid | $720,000 |
| Total expenses and disbursements | $916,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $561,027 |
| 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 | $6,071,127 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,208,381 |
| 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, Merle E&olive Lee Gilliand Tr Foundation has awarded $720,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
DUQUESNE UNIVERSITY PURPOSE: SUPPORT & ENTREPRENERIAL | $620,000 |
Cincinnati, OH PURPOSE: GENERAL SUPPORT | $50,000 |
JOHNS HOPKINS UNIVERSITY PURPOSE: GENERAL SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catholic Guardian Services New York, NY | $37,509,798 | $86,868,371 |
Cardinal Mccloskey School & Home For Children Inc Valhalla, NY | $29,936,400 | $67,045,023 |
Catholic Charities Of Diocese Of Albany Albany, NY | $36,309,218 | $44,877,595 |
Christian Herald Assn Inc New York, NY | $39,203,041 | $30,264,134 |
Alternatives For Children East Setauket, NY | $11,797,898 | $22,064,885 |
Catholic Social Servies Of The Miami Valley Dayton, OH | $13,505,933 | $26,545,650 |
Lutheran Center At Poughkeepsie Inc Scarsdale, NY | $12,784,565 | $22,238,039 |
Redeemer City To City New York, NY | $39,118,134 | $27,107,452 |
Catholic Cemeteries Of The Roman Westbury, NY | $88,272,871 | $14,740,911 |
Public Relations Society Of America Inc New York, NY | $7,935,177 | $9,278,462 |
Tompkins Cortland Community College Foundation Dryden, NY | $60,556,305 | $8,680,534 |
The Lutheran Home At Kane Kane, PA | $8,299,845 | $10,193,303 |