Newell Devalpine Foundation
- Assets
- $3.6m
- Revenue
- $122.0k
- Investments
- $3.5m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 03/1997
- Data as of
- 12/2022
- EIN
- 42-1540291
Organization Overview
Newell Devalpine Foundation is located in Pittsburgh, PA. The organization was established in 1997. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Newell Devalpine 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 12/2022, Newell Devalpine Foundation generated $122.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $261.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Newell Devalpine Foundation has awarded 64 individual grants totaling $1,125,855. 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 | 8 | $31,731 | |
Bernard Eizen Co-Trustee | 2 | $7,483 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $149 |
| Interest on Savings | $0 |
| Dividends & Interest | $93,354 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,480 |
| Capital Gain Net Income | $28,480 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23 |
| Total Revenue | $122,006 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $39,214 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,289 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,860 |
| Total operating and administrative expenses | $63,363 |
| Contributions, gifts, grants paid | $198,506 |
| Total expenses and disbursements | $261,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $82,631 |
| 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 | $2,506,547 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,600,760 |
| 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, Newell Devalpine Foundation has awarded $198,506 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: PANCREATIC CANCER RESEARCH | $70,000 |
Philadelphia, PA PURPOSE: INNOVATION IN OPTHAMOLOGY | $25,000 |
JEVS HUMAN SERVICES PURPOSE: ISRAEL SUPPORTER INTERNSHIP | $20,000 |
ANTI-DEFAMATION LEAGUE PURPOSE: OUTREACH AND IMPACT | $15,000 |
JEWISH FEDERATION OF GREATER PURPOSE: COVID & NEED BASED | $15,000 |
A MEANINGFUL PURPOSE PURPOSE: GENERAL SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The United Way Of Central Maryland Inc Baltimore, MD | $67,768,699 | $88,763,556 |
Jewish Federation Of Cleveland Cleveland, OH | $589,585,655 | $113,020,772 |
American Gift Fund Wilmington, DE | $439,949,657 | $191,491,973 |
United Way Of New York City New York, NY | $40,512,646 | $61,047,819 |
Childrens Rescue Fund Bronx, NY | $24,029,170 | $53,044,030 |
Associated Jewish Community Federation Of Baltimore Inc Baltimore, MD | $42,735,304 | $45,612,361 |
Jewish Federation Of Greater Philadelphia Philadelphia, PA | $424,827,168 | $56,076,653 |
Masonic Charity Foundation Of New Jersey Burlington, NJ | $172,221,934 | $43,314,018 |
Associated Jewish Charities Of Baltimore Baltimore, MD | $398,678,795 | $51,667,875 |
United Way Of Greater Rochester And The Finger Lakes Inc Rochester, NY | $189,540,443 | $45,112,374 |
The United Way Of Southwestern Pennsylvania Pittsburgh, PA | $71,821,513 | $41,142,392 |
The Jewish Federation Of Greater Washington Inc North Bethesda, MD | $260,201,202 | $41,780,933 |