D D Hachar Charitable Trust Fund
- Assets
- $13.1m
- Revenue
- $8.9m
- Investments
- $12.0m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 06/1980
- Data as of
- 04/2023
- EIN
- 74-2093680
Organization Overview
D D Hachar Charitable Trust Fund is located in Pittsburgh, PA. The organization was established in 1980. 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. D D Hachar Charitable Trust Fund 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 04/2023, D D Hachar Charitable Trust Fund generated $8.9m in total revenue. All expenses for the organization totaled $963.1k during the year ending 04/2023. While expenses have increased by 17.1% per year over the past 4 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 2017, D D Hachar Charitable Trust Fund has awarded 51 individual grants totaling $2,439,351. 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 |
|---|---|---|---|
Bbva Compass Trustee | 40 | $17,130 | |
Pnc Bank Trustee | 40 | $57,719 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $281,194 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,368,545 |
| Capital Gain Net Income | $8,368,545 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $238,165 |
| Total Revenue | $8,887,904 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $113,594 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,325 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,256 |
| Total operating and administrative expenses | $182,137 |
| Contributions, gifts, grants paid | $780,978 |
| Total expenses and disbursements | $963,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1,173 |
| Savings and temporary cash investments | $30,912 |
| 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 | $8,160,591 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,131,606 |
| Total assets | $13,140,692 |
| 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, D D Hachar Charitable Trust Fund has awarded $780,978 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF LAREDO PURPOSE: GENERAL SUPPORT | $75,000 |
RUTHE B COWL REHABILITATION CENTER PURPOSE: GENERAL SUPPORT | $50,000 |
TEXAS A&M INTERNATIONAL UNIVERSITY PURPOSE: GENERAL SUPPORT | $344,518 |
GIRL SCOUTS OF GREATER SOUTH TEX PURPOSE: GENERAL SUPPORT | $15,000 |
IMAGINARIUM OF SOUTH TEXAS PURPOSE: GENERAL SUPPORT | $15,000 |
L C EDUCATION FOUNDATION PURPOSE: GENERAL SUPPORT | $150,000 |