Betty Lou Yount Charitable Foundation
- Assets
- $2.1m
- Revenue
- $34.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 08/2012
- Data as of
- 09/2023
- EIN
- 45-4144724
Organization Overview
Betty Lou Yount Charitable Foundation is located in Pittsburgh, PA. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Betty Lou Yount Charitable 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 09/2023, Betty Lou Yount Charitable Foundation generated $34.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $68.9k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Betty Lou Yount Charitable Foundation has awarded 82 individual grants totaling $1,155,076. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $81,123 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$47,982 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $906 |
| Total Revenue | $34,047 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,492 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $798 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,950 |
| Total operating and administrative expenses | $33,045 |
| Contributions, gifts, grants paid | $35,829 |
| Total expenses and disbursements | $68,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,099,951 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,099,951 |
| 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, Betty Lou Yount Charitable Foundation has awarded $35,829 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
HUMANE ANIMAL RESCUE PURPOSE: GENERAL SUPPORT | $3,981 |
SALVATION ARMY PURPOSE: GENERAL SUPPORT | $3,981 |
ANIMAL FRIENDS PURPOSE: GENERAL SUPPORT | $3,981 |
FIRST PRESBYTERIAN CHURCH PGH PURPOSE: GENERAL SUPPORT | $3,981 |
UNIV OF PITTSBURGH - ALZH PURPOSE: GENERAL SUPPORT | $3,981 |
GOODWILL OF SOUTHWESTERN PA PURPOSE: GENERAL SUPPORT | $3,981 |