William G Davis Charitable Trust is located in Pittsburgh, PA. The organization was established in 1976. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2023, William G Davis Charitable Trust generated $17.7k 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 (9.4%) each year. All expenses for the organization totaled $40.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William G Davis Charitable Trust has awarded 97 individual grants totaling $300,060. 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 10 INDIVIDUALS FOR STUDY AT NINE INSTITUTIONS
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $18,451 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$1,267 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $499 |
Total Revenue | $17,683 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $1,013 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $152 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $1,165 |
Contributions, gifts, grants paid | $39,184 |
Total expenses and disbursements | $40,349 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $26,286 |
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 | $651,224 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $677,510 |
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, William G Davis Charitable Trust has awarded $39,184 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
JACK ARENA PURPOSE: SCHOLARSHIP | $2,788 |
HENRY ORLANDINI PURPOSE: SCHOLARSHIP | $3,759 |
THOMAS DRY PURPOSE: SCHOLARSHIP | $4,841 |
ANDREW GLASS PURPOSE: SCHOLARSHIP | $13,251 |
SAGE MCHATTIE PURPOSE: SCHOLARSHIP | $5,066 |
ST STEPHEN'S CHURCH PURPOSE: GENERAL SUPPORT | $100 |