Richard B Wyatt Fam 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. Richard B Wyatt Fam 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 11/2023, Richard B Wyatt Fam Foundation generated $163.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $113.3k during the year ending 11/2023. While expenses have increased by 1.1% 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 2020, Richard B Wyatt Fam Foundation has awarded 30 individual grants totaling $406,500. 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 | $63,900 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $99,714 |
| Capital Gain Net Income | $99,714 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $163,614 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,244 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $13,341 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $113,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,326 |
| 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 | $1,803,769 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,832,095 |
| 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, Richard B Wyatt Fam Foundation has awarded $100,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BOCA RATON CHAMPIONS GOLF CHARITIES PURPOSE: GENERAL OPERATING | $25,000 |
HARLEM CHILDREN'S ZONE PURPOSE: GENERAL OPERATING | $10,000 |
BIRD LAB INC PURPOSE: GENERAL OPERATING | $18,000 |
COMMUNITY PRESBYTERIAN CHURCH PURPOSE: GENERAL OPERATING | $20,000 |
ST MATTHEW SCHOOL PURPOSE: GENERAL OPERATING | $12,000 |
ST CLAIR HOSPITAL FOUNDATION PURPOSE: GENERAL OPERATING | $15,000 |