Fisa Foundation is located in Pittsburgh, PA. The organization was established in 1957. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Fisa 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 06/2023, Fisa Foundation generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $2.4m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Fisa Foundation has awarded 421 individual grants totaling $9,928,450. 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
SEE STATEMENT 11
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Farmer White Board President | 2 | $0 | |
Lynette R Lederman Immediate Past President | 2 | $0 | |
Chaton T Turner Vice President | 2 | $0 | |
Kathleen Minnock Board Treasurer | 2 | $0 | |
Josie Badger Board Secretary | 2 | $0 | |
Linda Burke Board Member | 2 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jp Morgan Chase Bank Na | 6/29/23 | $197,670 |
Hirtle Callaghan & Co | 6/29/23 | $67,936 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,550 |
| Interest on Savings | $0 |
| Dividends & Interest | $969,635 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,098,681 |
| Capital Gain Net Income | $1,098,681 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,078,866 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $173,513 |
| Other employee salaries and wages | $168,457 |
| Pension plans, employee benefits | $80,639 |
| Interest | $0 |
| Taxes | $24,665 |
| Depreciation | $0 |
| Occupancy | $76,675 |
| Travel, conferences, and meetings | $16,042 |
| Printing and publications | $1,641 |
| Other expenses | $42,207 |
| Total operating and administrative expenses | $963,666 |
| Contributions, gifts, grants paid | $1,444,362 |
| Total expenses and disbursements | $2,408,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,539 |
| Savings and temporary cash investments | $127,073 |
| 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 | $597 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $42,801,576 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $337,528 |
| Total assets | $43,292,313 |
| Accounts payable and accrued expenses | $38,471 |
| Grants payable | $30,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $311,622 |
| Total liabilities | $380,093 |
Over the last fiscal year, Fisa Foundation has awarded $1,579,362 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
ABOLITIONIST LAW CENTER PURPOSE: TO ADVOCATE FOR INCARCERATED PEOPLE WITH DISABILITIES | $35,000 |
1HOOD MEDIA ACADEMY PURPOSE: CONTINUED SUPPORT TO MAKE RACIAL JUSTICE PROGRAMMING ACCESSIBLE TO PEOPLE WITH DISABILITIES | $25,000 |
AMERICAN CIVIL LIBERTIES FOUNDATION OF PENNSYLVANIA PURPOSE: SUPPORT TO ADDRESS SCHOOL POLICING IMPACTS ON STUDENTS WITH DISABILITIES | $25,000 |
AUTISM EMPLOYMENT NETWORK PURPOSE: OPERATING SUPPORT TO INCREASE EMPLOYMENT FOR AUTISTIC ADULTS | $20,000 |
AUTISM CONNECTION OF PA PURPOSE: SUPPORT FOR THE DISABILITY JUSTICE INITIATIVE | $39,512 |
AUTISM URBAN CONNECTIONS PURPOSE: OPERATING SUPPORT TO SERVE BLACK FAMILIES WITH AUTISTIC CHILDREN | $20,000 |