Gladys K Schultise Charitable Trust
- Assets
- $724.9k
- Revenue
- $16.1k
- Investments
- $686.1k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 11/2014
- Data as of
- 12/2022
- EIN
- 46-5337058
Organization Overview
Gladys K Schultise Charitable Trust is located in Pittsburgh, PA. The organization was established in 2014. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gladys K Schultise Charitable 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 12/2022, Gladys K Schultise Charitable Trust generated $16.1k 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 (8.9%) each year. All expenses for the organization totaled $52.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gladys K Schultise Charitable Trust has awarded 40 individual grants totaling $273,156. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,857 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $275 |
| Capital Gain Net Income | $275 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,132 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,765 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,138 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $12,903 |
| Contributions, gifts, grants paid | $39,546 |
| Total expenses and disbursements | $52,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,835 |
| 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 | $570,485 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $724,945 |
| 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, Gladys K Schultise Charitable Trust has awarded $39,546 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BIDWELL ST UNITED PRESBY CHURCH PURPOSE: GENERAL SUPPORT | $11,864 |
West Nyack, NY PURPOSE: GENERAL SUPPORT | $9,887 |
WESTERN PA SCHOOL FOR BLIND PURPOSE: GENERAL SUPPORT | $7,909 |
BLIND & VISION REHAB SVCS PGH PURPOSE: GENERAL SUPPORT | $7,909 |
Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $1,977 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shear Family Foundation Inc Pittsburgh, PA | $193,925,105 | $4,615,784 |
Veterans Of Foreign Wars Of Ohio Charities Columbus, OH | $6,551,466 | $8,213,931 |
Greater Ridgewood Youth Council Inc Ridgewood, NY | $6,525,051 | $8,713,714 |
Rite Aid Healthy Futures Camp Hill, PA | $33,191,715 | $15,687,011 |
Glasswing International Usa Inc New York, NY | $37,699,055 | $11,179,883 |
The Samberg Family Foundation Katonah, NY | $0 | $4,486,499 |
Single Stop Usa Inc New York, NY | $4,715,111 | $5,987,742 |
Malchus Foundation Brooklyn, NY | $24,956,883 | $30,497,983 |
The Disability Fund Inc Rockville Centre, NY | $63,283,408 | $4,939,746 |
Barrier Free Living Holding Inc Bronx, NY | $3,190,190 | $5,409,124 |
The Viscardi Center Inc Albertson, NY | $40,315,327 | $5,189,611 |
Alleghenies United Cerebral Palsy Johnstown, PA | $2,752,154 | $5,551,260 |