Lovejoy Family Charitable Tr
- Assets
- $1.6m
- Revenue
- $255.0k
- Investments
- $1.5m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 08/2018
- Data as of
- 12/2022
- EIN
- 82-6633955
Organization Overview
Lovejoy Family Charitable Tr is located in Pittsburgh, PA. The organization was established in 2018. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Lovejoy Family Charitable Tr 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, Lovejoy Family Charitable Tr generated $255.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $17.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan L Lovejoy Trustee | 4 | $0 | |
Daniel P Gallagher Jr Trustee | 1 | $0 | |
David R Lovejoy Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $64,729 |
| Interest on Savings | $0 |
| Dividends & Interest | $38,222 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $152,033 |
| Capital Gain Net Income | $152,177 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4 |
| Total Revenue | $254,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,806 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,648 |
| Total operating and administrative expenses | $11,504 |
| Contributions, gifts, grants paid | $6,183 |
| Total expenses and disbursements | $17,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,501 |
| 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 | $0 |
| Investments—other | $1,531,513 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,575,014 |
| 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, Lovejoy Family Charitable Tr has awarded $6,183 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
NETWORK FOR GOOD PURPOSE: ANNUAL GIFT TO WOMEN'S SHELTER | $1,030 |
GREATER PITTSBURGH COMMUNITY FOOD BANK PURPOSE: GREATER PITTSBURGH FOOD BANK | $1,000 |
TRADE INSTITUTE OF PITTSBURGH PURPOSE: MATCHING GIFT | $1,000 |
FOX CHAPEL GOLF CLUB SCHOLAR PURPOSE: EMPLOYEE SCHOLARSHIP | $1,000 |
USA FOR UNHCR PURPOSE: FOOD BANK | $1,000 |
CARE USA PURPOSE: UKRAINE RELIEF | $1,050 |