The Landmarks Financial Corporation

Organization Overview

The Landmarks Financial Corporation is located in Pittsburgh, PA. The organization was established in 1984. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Landmarks Financial Corporation 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, Landmarks Financial Corporation generated $14.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 18.0% 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 2017, Landmarks Financial Corporation has awarded 11 individual grants totaling $10,738,346. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO HOLD, MANAGE, INVEST, AND DISTRIBUTE FUNDS IN WAYS WHICH PROMOTE AND SUPPORT, OR WHICH ARE IN FUTHERANCE OF THE INTERESTS AND PURPOSES OF PITTSBURGH HISTORY & LANDMARKS FOUNDATION AND OTHER ORGANIZATIONS WHICH (A) QUALIFY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, (B) ARE SECTION 509(A)(1) OR 509(A)(2) ORGANIZATIONS, AND (C) ARE OPERATED IN CONNECTION WITH PITTSBURGH HISTORY & LANDMARKS FOUNDATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INVESTMENT MANAGEMENT AND SUPPORT FOR PITTSBURGH HISTORY & LANDMARKS FOUNDATION AND OTHER RELATED ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
William Hart
Chair
$0
Curtis C Randle El
Treasurer
$0
Mark Gorman
Secretary
$0
Jana Lyons
Vice Chair
$0
Arthur P Ziegler Jr
Co-Founder
$0
Donald Kortlandt
General Counsel
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $6,553,120
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,392,628
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,945,748

Grants Awarded

Over the last fiscal year, The Landmarks Financial Corporation has awarded $1,163,155 in support to 2 organizations.

Grant RecipientAmount

PITTSBURGH HISTORY AND LANDMARKS FOUNDATION

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: OPERATIONS SUPPORT

$742,655

LANDMARKS COMMUNITY CAPITAL CORPORATION

PURPOSE: OPERATIONS SUPPORT

$420,500
View Grant Profile

Endowment Analysis

Beg. Balance$3,153,027
Earnings$513,721
Net Contributions$392,546
Grants$100,250
Ending Balance$3,959,044

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