Clydel & Mary Shaull Foundation M S F1 F001-06-1
- Assets
- $522.7k
- Revenue
- $10.1k
- Investments
- $507.2k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 07/1975
- Data as of
- 12/2023
- EIN
- 23-7101845
Organization Overview
Clydel & Mary Shaull Foundation M S F1 F001-06-1 is located in Pittsburgh, PA. The organization was established in 1975. 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. Clydel & Mary Shaull Foundation M S F1 F001-06-1 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, Clydel & Mary Shaull Foundation M S F1 F001-06-1 generated $10.1k 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 (12.5%) each year. All expenses for the organization totaled $48.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Clydel & Mary Shaull Foundation M S F1 F001-06-1 has awarded 76 individual grants totaling $263,481. 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
ISSUED SCHOLARSHIPS TO 8 INDIVIDUALS FOR STUDY AT VARIOUS INSTITUTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles E Shields III Esquire Co-Trustee | 1 | $467 | |
Dr Mark K Leidy Co-Trustee | 1 | $467 | |
Pnc Bank N A Co-Trustee | 2 | $7,615 | |
Thomas C Wetzel CPA Co-Trustee | 1 | $467 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,746 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,174 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $492 |
| Total Revenue | $10,064 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,016 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $117 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $255 |
| Total operating and administrative expenses | $9,388 |
| Contributions, gifts, grants paid | $39,361 |
| Total expenses and disbursements | $48,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,521 |
| 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 | $507,218 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $522,739 |
| 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, Clydel & Mary Shaull Foundation M S F1 F001-06-1 has awarded $39,361 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
JONATHAN H PARK PURPOSE: SCHOLARSHIP | $4,500 |
LAUREN OLIVIA PAUL PURPOSE: SCHOLARSHIP FALL SEMESTER | $3,500 |
CARTER MICHAEL PAUL PURPOSE: SCHOLARSHIP | $4,500 |
MECHANICSBURG AREA HIGH SCHOOL PURPOSE: SCHOLARSHIP FUND | $15,861 |
HANNAH ROSE PAUL PURPOSE: SCHOLARSHIP | $4,500 |
ANITA C LAUDENSLAGER PURPOSE: SCHOLARSHIP | $6,500 |