Irene And Carroll Rheinstrom Fund B is located in Pittsburgh, PA. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Irene And Carroll Rheinstrom Fund B 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, Irene And Carroll Rheinstrom Fund B generated $584.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $586.6k during the year ending 12/2022. While expenses have increased by 4.6% 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Koskey Co-Trustee | 0 | $11,916 | |
Bny Mellon N A Trustee | 1 | $45,280 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $270,407 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $314,119 |
| Capital Gain Net Income | $314,119 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $584,526 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $57,196 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,507 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $81,453 |
| Contributions, gifts, grants paid | $505,128 |
| Total expenses and disbursements | $586,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $484,621 |
| 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 | $7,916,053 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,400,674 |
| 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, Irene And Carroll Rheinstrom Fund B has awarded $505,128 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RHEINSTROM HILL COMMUNITY FOUNDATION PURPOSE: GENERAL OPERATING | $252,564 |
NATIONAL AUDUBORN SOCIETY INC PURPOSE: GENERAL OPERATING | $252,564 |