Community Foundation Of Western Pennsylvania And Eastern Ohio
- Assets
- $123.2m
- Revenue
- $16.3m
- Investments
- $100.0k
- Employees
- 10
- Location
- Sharon, PA
- Founding
- 12/1981
- Data as of
- 12/2021
- EIN
- 25-1407396
Organization Overview
Community Foundation Of Western Pennsylvania And Eastern Ohio is located in Sharon, PA. The organization was established in 1981. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of Western Pennsylvania And Eastern Ohio employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Western Pennsylvania And Eastern Ohio 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 12/2021, Community Foundation Of Western Pennsylvania And Eastern Ohio generated $16.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $8.8m during the year ending 12/2021. While expenses have increased by 0.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Community Foundation Of Western Pennsylvania And Eastern Ohio has awarded 415 individual grants totaling $10,712,410. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS A FLEXIBLE, YET PERMANENT SELECTION OF FUNDS SUPPORTED BY A WIDE RANGE OF DONORS. THE FOUNDATION HAS RELATIVE INDEPENDENCE TO DETERMINE THE BEST USE OF THOSE FUNDS TO MEET COMMUNITY NEEDS. THE FOUNDATION HAS A GOVERNING BOARD OF VOLUNTEERS, KNOWLEDGEABLE ABOUT THEIR COMMUNITY AND RECOGNIZED FOR THEIR INVOLVEMENT IN CIVIC AFFAIRS. THE FOUNDATION IS COMMITTED TO PROVIDE LEADERSHIP ON PERVASIVE COMMUNITY CHALLENGES, TO ASSIST DONORS TO IDENTIFY AND ATTAIN THEIR PHILANTHROPIC GOALS AND TO ADHERE TO A SENSE OF "COMMUNITY" THAT OVERRIDES INDIVIDUAL INTERESTS AND CONCERNS. THE FOUNDATION WILL IDENTIFY AND SUPPORT COMMUNITY-BASED CHARITABLE PURPOSES IN THE AREAS OF HEALTH, EDUCATION, ECONOMIC DEVELOPMENT, HUMAN SERVICES, HISTORICAL, CULTURAL, AND ENVIRONMENTAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO VARIOUS CHARITABLE ORGANIZATIONS--THE FOUNDATION PROVIDES METHODS FOR DONORS TO MAKE GRANTS TO QUALIFIED CHARITIES BY ACTIVELY PARTICIPATING IN GRANT RECOMMENDATIONS OR BY DESIGNATING A QUALIFIED CHARITY.
SCHOLARSHIP PROGRAM--THE FOUNDATION ADMINISTERS MORE THAN 100 DIFFERENT SCHOLARSHIP FUNDS, WHICH ARE PRIMARILY AWARDED TO GRADUATING HIGH SCHOOL SENIORS. THESE SCHOLARSHIPS ARE FOR STUDENTS ATTENDING INSTITUTIONS OF HIGHER LEARNING, INCLUDING LOAN FORGIVENESS.
GRANTS TO INDIVIDUALS WITH SIGNIFICANT FINANCIAL NEEDS--THE FOUNDATION PROVIDES EMERGENCY ASSISTANCE TO THOSE MOST IN NEED.
SUPPORT FOR LOCAL SPECIAL EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle English Executive Director | Officer | 40 | $125,194 |
Dennis J Lieb Director Of Finance | Officer | 40 | $104,704 |
Ron Anderson Treasurer | OfficerTrustee | 1 | $0 |
Kenneth Turcic Secretary | OfficerTrustee | 1 | $0 |
Bill Strimbu Vice President | OfficerTrustee | 1 | $0 |
Karen Winner Sed President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $273,821 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,789,187 |
| Noncash contributions included in lines 1a–1f | $562,376 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,063,008 |
| Total Program Service Revenue | $60,319 |
| Investment income | $5,100,176 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $19,000 |
| Net Gain/Loss on Asset Sales | $5,673,424 |
| Net Income from Fundraising Events | $428,958 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,344,885 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,233,104 |
| Grants and other assistance to domestic individuals. | $667,816 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $246,924 |
| Compensation of current officers, directors, key employees. | $246,924 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $339,967 |
| Pension plan accruals and contributions | $9,787 |
| Other employee benefits | $46,322 |
| Payroll taxes | $43,141 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $629,714 |
| Fees for services: Other | $425,156 |
| Advertising and promotion | $38,348 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $69,362 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,296 |
| Insurance | $0 |
| All other expenses | -$623,990 |
| Total functional expenses | $8,840,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,175,918 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $197,817 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $86,743 |
| Investments—publicly traded securities | $113,369,683 |
| Investments—other securities | $100,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $237,000 |
| Total assets | $123,167,161 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,642,033 |
| Total liabilities | $5,642,033 |
| Net assets without donor restrictions | $85,505,919 |
| Net assets with donor restrictions | $32,019,209 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $123,167,161 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Western Pennsylvania And Eastern Ohio has awarded $5,417,965 in support to 187 organizations.
| Grant Recipient | Amount |
|---|---|
Greenville, PA PURPOSE: PROGRAM SUPPORT | $541,841 |
Hermitage, PA PURPOSE: PROGRAM SUPPORT | $331,112 |
Greenville, PA PURPOSE: PROGRAM SUPPORT | $258,036 |
Sharon, PA PURPOSE: PROGRAM SUPPORT | $251,842 |
Colorado Spgs, CO PURPOSE: PROGRAM SUPPORT | $180,209 |
Greenville, PA PURPOSE: PROGRAM SUPPORT | $153,561 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Community Foundation Of Western Pennsylvania And Eastern Ohio has recieved totaling $130,873.
| Awarding Organization | Amount |
|---|---|
Pittsburgh Foundation Pittsburgh, PA PURPOSE: PHILANTHROPY, VOLUNTARISM, AND GRANTMAKING | $57,277 |
Hoyt Foundation New Castle, PA PURPOSE: GENERAL SUPPORT | $35,000 |
Winner Family Foundation Sharon, PA PURPOSE: GENERAL PURPOSES | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $11,050 |
Zuschlag Family Foundation Lafayette, LA PURPOSE: RESTORE RIVERSIDE PARK FUND | $2,500 |
Chubb Charitable Foundation Philadelphia, PA PURPOSE: MATCHING GIFTS | $25 |
Endowment Analysis
| Beg. Balance | $60,762,364 |
| Earnings | $8,268,843 |
| Admin Expense | $1,070,667 |
| Net Contributions | $1,724,480 |
| Grants | $3,783,145 |
| Ending Balance | $65,901,875 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lancaster County Community Foundation Lancaster, PA | $92,463,036 | $19,491,842 |
Community Foundations Of The Hudson Valley Poughkeepsie, NY | $96,104,226 | $20,607,422 |
Stark Community Foundation Inc Canton, OH | $373,666,840 | $68,744,620 |
Greater Kanawha Valley Foundation Charleston, WV | $329,426,372 | $27,972,481 |
Community Foundation Of Herkimer And Oneida Counties Inc Utica, NY | $207,402,752 | $30,922,448 |
Community Foundation Of Greater Johnstown Johnstown, PA | $89,313,800 | $19,729,908 |
Community Foundation Of Frederick County Maryland Incorporated Frederick, MD | $137,281,850 | $16,443,346 |
The Community Foundation For The Greater Capital Region Inc Albany, NY | $120,227,075 | $24,885,752 |
Community Foundation Of Western Pennsylvania And Eastern Ohio Sharon, PA | $123,167,161 | $16,344,885 |
York County Community Foundation York, PA | $208,424,639 | $17,313,520 |
Community Foundation Of The Eastern Shore Inc Salisbury, MD | $144,509,312 | $16,050,496 |
Community Foundation Of Lorain County Elyria, OH | $163,012,004 | $27,165,624 |