Anne L & George H Clapp Charitable & Educational Trust
- Assets
- $15.8m
- Revenue
- $1.5m
- Investments
- $15.2m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1970
- Data as of
- 09/2022
- EIN
- 25-6018976
Organization Overview
Anne L & George H Clapp Charitable & Educational Trust is located in Pittsburgh, PA. The organization was established in 1970. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anne L & George H Clapp Charitable & Educational Trust 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 09/2022, Anne L & George H Clapp Charitable & Educational Trust generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 40.0% each year . All expenses for the organization totaled $1.2m during the year ending 09/2022. While expenses have increased by 2.2% per year over the past 3 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, Anne L & George H Clapp Charitable & Educational Trust has awarded 320 individual grants totaling $3,921,165. 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 |
|---|---|---|---|
William Collin Co Annette Calgaro Co-Trustee | 5 | $55,000 | |
Hubbard Galbraith Co Annette Calga Co-Trustee | 5 | $55,000 | |
Bny Mellon N A Trustee | 1 | $108,518 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $485,510 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,014,980 |
| Capital Gain Net Income | $1,014,980 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $34,224 |
| Total Revenue | $1,534,714 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $212,479 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29,727 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,398 |
| Total operating and administrative expenses | $251,604 |
| Contributions, gifts, grants paid | $992,000 |
| Total expenses and disbursements | $1,243,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $606,115 |
| 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 | $15,201,747 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,807,862 |
| 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 |
Grants Awarded
Over the last fiscal year, Anne L & George H Clapp Charitable & Educational Trust has awarded $921,165 in support to 92 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN PENNSYLVANIA CONSERVANCY PURPOSE: GENERAL OPERATING | $15,000 |
FREEDOM GUIDE DOGS PURPOSE: GENERAL OPERATING | $5,000 |
HEARTH PURPOSE: GENERAL OPERATING | $5,000 |
HISTORICAL SOCIETY OF WESTERN PURPOSE: GENERAL OPERATING | $10,000 |
LAUGHLIN CHILDREN'S CENTER PURPOSE: GENERAL OPERATING | $15,000 |
SPECIAL OLYMPICS PURPOSE: GENERAL OPERATING | $10,000 |