Grace F Lamb Trust A is located in Pittsburgh, PA. The organization was established in 1970. 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.
For the year ending 12/2022, Grace F Lamb Trust A generated $407.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $717.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Grace F Lamb Trust A has awarded 19 individual grants totaling $1,360,661. 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 | $243,621 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $164,104 |
| Capital Gain Net Income | $164,104 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $407,725 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $66,469 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31,512 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $98,731 |
| Contributions, gifts, grants paid | $618,411 |
| Total expenses and disbursements | $717,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $65,294 |
| 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 | $9,357,361 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,422,655 |
| 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, Grace F Lamb Trust A has awarded $618,411 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
VASCA NYC PURPOSE: GENERAL OPERATING | $38,651 |
JOSEPHINE HERRICK PROJECT PURPOSE: GENERAL OPERATING | $51,534 |
MARCH OF DIMES PURPOSE: GENERAL OPERATING | $51,534 |
AMERICAN HEART ASSOCIATION INC PURPOSE: GENERAL OPERATING | $51,534 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL OPERATING | $206,137 |
ARTHRITIS FOUNDATION PURPOSE: GENERAL OPERATING | $206,137 |