M L Mason Memorial Fund Sch B is located in Pittsburgh, PA. The organization was established in 0000. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations.
For the year ending 12/2023, M L Mason Memorial Fund Sch B generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $598.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, M L Mason Memorial Fund Sch B has awarded 163 individual grants totaling $3,699,609. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $274,216 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $1,478,842 | 
| Capital Gain Net Income | $1,478,842 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $1,753,058 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $70,920 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $7,373 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $5 | 
| Total operating and administrative expenses | $78,298 | 
| Contributions, gifts, grants paid | $519,674 | 
| Total expenses and disbursements | $597,972 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $293,290 | 
| 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 | $10,683,523 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $10,976,813 | 
| 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, M L Mason Memorial Fund Sch B has awarded $519,674 in support to 20 organizations.
| Grant Recipient | Amount | 
|---|---|
BOARD OF PENSIONS OF THE PURPOSE: GENERAL SUPPORT  | $6,187 | 
PRESBYTERIAN CHURCH USA FDN PURPOSE: GENERAL SUPPORT  | $6,187 | 
HUMANE ANIMAL RESCUE PURPOSE: GENERAL SUPPORT  | $24,746 | 
KINGSLEY ASSOCIATION PURPOSE: GENERAL SUPPORT  | $61,866 | 
PGH THEOLOGICAL SEMINARY PURPOSE: GENERAL SUPPORT  | $6,187 | 
BREATHE PENNSYLVANIA PURPOSE: GENERAL SUPPORT  | $6,187 |