Federated Investors Foundation Incorporated
- Assets
- $765.1k
- Revenue
- $574.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 09/1998
- Data as of
- 04/2023
- EIN
- 23-2913182
Organization Overview
Federated Investors Foundation Incorporated is located in Pittsburgh, PA. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Federated Investors Foundation Incorporated 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 04/2023, Federated Investors Foundation Incorporated generated $574.1k in total revenue. All expenses for the organization totaled $735.2k during the year ending 04/2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Christopher Donahue Director And President | 2 | $0 | |
Thomas R Donahue Director And Treasurer | 2 | $0 | |
Raymond Hanley Director And Asst. Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $543,662 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,408 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $574,070 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $423 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $423 |
| Contributions, gifts, grants paid | $734,750 |
| Total expenses and disbursements | $735,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,697 |
| Savings and temporary cash investments | $754,194 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,205 |
| Total assets | $765,096 |
| 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, Federated Investors Foundation Incorporated has awarded $178,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
STEEL CITY SQUASH PURPOSE: AN ACADEMIC & ATHLETIC YOUTH PROGRAM THAT PROVIDES LIFE-CHANGING OPPORTUNITIES TO UNDER-SERVED PGH YOUTH. | $5,000 |
CCAC - WORKFORCE DEVELOPMENT FACILITY PURPOSE: BUILD A WORKFORCE FACILITY AT THE ALLEGHENY COUNTY CAMPUS. | $10,000 |
ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT PURPOSE: STIMULATE ECONOMIC GROWTH AND IMPROVE THE QUALITY OF LIFE IN PITTSBURGH. | $163,000 |