Catherine And Mark H Loevner Family Foundation
- Assets
- $926.1k
- Revenue
- $99.9k
- Investments
- $879.1k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 09/2005
- Data as of
- 12/2023
- EIN
- 20-3325297
Organization Overview
Catherine And Mark H Loevner Family Foundation is located in Pittsburgh, PA. The organization was established in 2005. 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. Catherine And Mark H Loevner Family Foundation 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 12/2023, Catherine And Mark H Loevner Family Foundation generated $99.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $60.2k during the year ending 12/2023. While expenses have increased by 0.0% per year over the past 5 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 2020, Catherine And Mark H Loevner Family Foundation has awarded 161 individual grants totaling $189,034. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNRESTRICTED CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS
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 |
|---|---|---|---|
Catherine Loevner Trustee/settlor | 1 | $0 | |
Mark H Loevner Trustee/settlor | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,878 |
| Interest on Savings | $112 |
| Dividends & Interest | $53,134 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,346 |
| Capital Gain Net Income | $20,346 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,436 |
| Total Revenue | $99,906 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,552 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,552 |
| Contributions, gifts, grants paid | $58,688 |
| Total expenses and disbursements | $60,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $47,046 |
| 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 | $879,063 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $926,109 |
| 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, Catherine And Mark H Loevner Family Foundation has awarded $58,688 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
ALLEGHENY COUNTY PARKS FOUNDATION PURPOSE: UNRESTRICTEDUNRESTRICTED | $500 |
AMERICAN FRIENDS OF BRITISH ART PURPOSE: UNRESTRICTED | $500 |
AMERICAN HEART ASSOCIATION PURPOSE: UNRESTRICTED | $35 |
ANNE FREYVOGEL SCHOLARSHIP FUND PURPOSE: UNRESTRICTED | $300 |
ANTI-DEFAMATION LEAGUE PURPOSE: UNRESTRICTED | $500 |
AUTUMN HOUSE PRESS PURPOSE: UNRESTRICTED | $250 |