Ging Foundation Inc
- Assets
- $914.4k
- Revenue
- $191.0k
- Investments
- $914.4k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 65-0869344
Organization Overview
Ging Foundation Inc is located in Pittsburgh, PA. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public 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. Ging Foundation Inc 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 12/2021, Ging Foundation Inc generated $191.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $255.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ging Foundation Inc has awarded 125 individual grants totaling $801,674. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Marie Ging Director | 0 | $0 | |
Edward D Ging President/treas/director | 0 | $0 | |
John T Lisa M Ging Director | 0 | $0 | |
David E Ging Director | 0 | $0 | |
Joyce G Ging Vp/secretary/director | 0 | $0 | |
Kenneth J Tracy L Ging Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,676 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,325 |
| Capital Gain Net Income | $35,325 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $191,001 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $123 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,791 |
| Printing and publications | $0 |
| Other expenses | $48,484 |
| Total operating and administrative expenses | $62,938 |
| Contributions, gifts, grants paid | $192,636 |
| Total expenses and disbursements | $255,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $119,220 |
| Investments—other | $795,184 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $914,404 |
| 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, Ging Foundation Inc has awarded $192,636 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOAN OF ARC PURPOSE: GIFT | $45,000 |
MARIANISTS PURPOSE: GIFT | $30,200 |
MATTHEW 25 MINISTRIES PURPOSE: GIFT | $20,000 |
Palm Beach Gardens, FL PURPOSE: GIFT | $20,000 |
MISCELLANEOUS CHARITIES PURPOSE: GIFT | $19,500 |
CHRIST THE KING PARRISH PURPOSE: GIFT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Cincinnati Foundation Cincinnati, OH | $616,325,698 | $119,970,948 |
Johnson Charitable Gift Fund Cincinnati, OH | $240,192,248 | $106,272,377 |
Young Mens Christian Association Of Greater Cincinnati Cincinnati, OH | $89,901,831 | $29,563,808 |
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Independent Charitable Gift Fund Hudson, OH | $203,452,465 | $150,370,213 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |