Dollar Bank Foundation
- Assets
- $20.3m
- Revenue
- $538.5k
- Investments
- $16.8m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 03/2000
- Data as of
- 11/2023
- EIN
- 25-1822243
Organization Overview
Dollar Bank Foundation is located in Pittsburgh, PA. The organization was established in 2000. 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. Dollar Bank 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 11/2023, Dollar Bank Foundation generated $538.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $1.5m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Dollar Bank Foundation has awarded 577 individual grants totaling $6,619,821. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James P Wheeler President, Director | 0 | $0 | |
Lisa L Griffith Asst. Treasurer, Director | 0 | $0 | |
Morton D Stanfield Jr Vice President, Director | 0 | $0 | |
Berry Grant III Director | 0 | $0 | |
Joseph R Toth Director | 0 | $0 | |
Andrew Hasley Vice President, Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $538,459 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $552,417 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $538,459 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,769 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $28,344 |
| Contributions, gifts, grants paid | $1,517,845 |
| Total expenses and disbursements | $1,546,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,397 |
| Savings and temporary cash investments | $3,532,052 |
| 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 | $16,775,821 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,313,270 |
| Accounts payable and accrued expenses | $3,326 |
| 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 | $3,326 |
Grants Awarded
Over the last fiscal year, Dollar Bank Foundation has awarded $1,517,845 in support to 127 organizations.
| Grant Recipient | Amount |
|---|---|
ADAGIO HEALTH PURPOSE: ASSISTANCE FOR SOCIAL SERVICES | $10,000 |
A CALL TO CARE PURPOSE: ASSISTANCE FOR SOCIAL SERVICES | $5,000 |
ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT PURPOSE: COMMUNITY DEVELOPMENT | $75,000 |
ALS ASSOCIATION PURPOSE: ASSISTANCE FOR SOCIAL SERVICES | $5,000 |
AMERICAN ASSOCIATION OF PEOPLE WITH DISABILITIES PURPOSE: ASSISTANCE FOR SOCIAL SERVICES | $2,500 |
A PLACE 4 ME PURPOSE: COMMUNITY DEVELOPMENT | $5,000 |