Hutton & Jost Memorial Trust is located in Pittsburgh, PA. The organization was established in 1993. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Hutton & Jost Memorial 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 12/2023, Hutton & Jost Memorial Trust generated $939.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $733.5k during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 8 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, Hutton & Jost Memorial Trust has awarded 94 individual grants totaling $4,699,944. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $345,280 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $586,887 |
Capital Gain Net Income | $586,887 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $6,807 |
Total Revenue | $938,974 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $107,235 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $16,439 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $10,658 |
Total operating and administrative expenses | $134,332 |
Contributions, gifts, grants paid | $599,172 |
Total expenses and disbursements | $733,504 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $323,957 |
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 | $10,292,362 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $11,832,315 |
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, Hutton & Jost Memorial Trust has awarded $599,172 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
JESUIT SEMINARY AID ASSOCIATION PURPOSE: GENERAL SUPPORT | $49,931 |
ST LOUIS ARCH-CARDINAL RIGALI C PURPOSE: GENERAL PURPOSE | $149,793 |
LITTLE SISTERS OF THE POOR PURPOSE: GENERAL SUPPORT | $49,931 |
GREAT CIRCLE FORM BOYS TOWN PURPOSE: GENERAL PURPOSE | $49,931 |
DISCALCED CARMELITES PURPOSE: GENERAL SUPPORT | $49,931 |
FRANCISCAN FATHERS OF PROVINCE PURPOSE: GENERAL SUPPORT | $49,931 |