W Ralph & Ruby Ober Smith Charitable Remainder Unitrust is located in Indiana, PA. The organization was established in 2015. 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. W Ralph & Ruby Ober Smith Charitable Remainder Unitrust 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, W Ralph & Ruby Ober Smith Charitable Remainder Unitrust generated $432.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $312.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, W Ralph & Ruby Ober Smith Charitable Remainder Unitrust has awarded 40 individual grants totaling $1,201,776. 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 | $109,963 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $322,459 |
Capital Gain Net Income | $322,459 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $432,422 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $44,519 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $6,097 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $381 |
Total operating and administrative expenses | $51,247 |
Contributions, gifts, grants paid | $260,738 |
Total expenses and disbursements | $311,985 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $315,574 |
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 | $273,811 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $4,403,854 |
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, W Ralph & Ruby Ober Smith Charitable Remainder Unitrust has awarded $260,738 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
AMERICAN CANCER SOCIETY INC PURPOSE: FINANCIAL SUPPORT | $26,074 |
WESTMORELAND COUNTY BLIND ASSN PURPOSE: FINANCIAL SUPPORT | $26,074 |
INDIANA HEALTHCARE FOUNDATION PURPOSE: FINANCIAL SUPPORT | $26,074 |
INDIANA COUNTY YMCA PURPOSE: FINANCIAL SUPPORT | $26,074 |
GRAYSTONE UNITED PRESBYTERIAN CHURCH PURPOSE: FINANCIAL SUPPORT | $52,147 |
ACCESSABILITIES INC PURPOSE: FAMILY, COMMUNITY SEVS | $26,074 |