Corinne R & Henry Bower Mem Tr
- Assets
- $721.7k
- Revenue
- $20.6k
- Investments
- $698.9k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 23-6205062
Organization Overview
Corinne R & Henry Bower Mem Tr is located in Pittsburgh, PA. The organization was established in 0000. 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.
For the year ending 12/2023, Corinne R & Henry Bower Mem Tr generated $20.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $45.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Corinne R & Henry Bower Mem Tr has awarded 58 individual grants totaling $286,845. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Eichman 3rd ESQ Co-Trustee | 1 | $0 | |
John A Eichman IV ESQ Co-Trustee | 1 | $0 | |
Kate Moore Co-Trustee | 1 | $0 | |
Pnc Bank N A Co-Trustee | 2 | $8,891 | |
Tom Kaiden Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,841 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,035 |
| Capital Gain Net Income | $1,035 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $722 |
| Total Revenue | $20,598 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,891 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $158 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,086 |
| Total operating and administrative expenses | $11,135 |
| Contributions, gifts, grants paid | $34,537 |
| Total expenses and disbursements | $45,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,828 |
| 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 | $698,912 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $721,740 |
| 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, Corinne R & Henry Bower Mem Tr has awarded $34,537 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
EASTERN PENNSYLVANIA BLEEDING PURPOSE: PATIENT ASSISTANT PROGRAM | $24,537 |
ST CHRISTOPHER'S FOUNDATION PURPOSE: ADVANCING HEMOPHILIA CARE | $10,000 |