Margaret T Biddle Charitable Trust 506-8 Nect
- Assets
- $206.8k
- Revenue
- $2.2k
- Investments
- $197.8k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 10/1972
- Data as of
- 09/2023
- EIN
- 25-6021765
Organization Overview
Margaret T Biddle Charitable Trust 506-8 Nect is located in Pittsburgh, PA. The organization was established in 1972. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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.
For the year ending 09/2023, Margaret T Biddle Charitable Trust 506-8 Nect generated $2.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.9%) each year. All expenses for the organization totaled $14.3k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,085 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,951 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $46 |
| Total Revenue | $2,180 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,578 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $42 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $155 |
| Total operating and administrative expenses | $3,775 |
| Contributions, gifts, grants paid | $10,539 |
| Total expenses and disbursements | $14,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$309 |
| Savings and temporary cash investments | $9,345 |
| 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 | $197,797 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $206,833 |
| 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, Margaret T Biddle Charitable Trust 506-8 Nect has awarded $10,539 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PITTSBURGH THEOLOGICAL SEMINARY PURPOSE: STUDENT AID | $2,635 |
UPMC MERCY PURPOSE: GENERAL SUPPORT | $1,054 |
UNIVERSITY OF PITTSBURGH PURPOSE: GENERAL SUPPORT | $5,269 |
THE WEST PENN HOSPITAL FOUNDATION PURPOSE: GENERAL SUPPORT | $1,581 |