Halpern Foundation
- Assets
- $1.4m
- Revenue
- $170.5k
- Investments
- $1.3m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 06/1956
- Data as of
- 12/2022
- EIN
- 25-6060720
Organization Overview
Halpern Foundation is located in Pittsburgh, PA. The organization was established in 1956. 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. Halpern 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 12/2022, Halpern Foundation generated $170.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $96.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Halpern Foundation has awarded 33 individual grants totaling $189,201. 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 |
|---|---|---|---|
Irving J Halpern Trustee | 0 | $0 | |
Eileen Lane Trustee | 0 | $0 | |
Richard I Halpern Trustee | 0 | $0 | |
Stephen F Halpern Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,794 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $121,673 |
| Capital Gain Net Income | $121,673 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $170,467 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,333 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26,500 |
| Total operating and administrative expenses | $33,648 |
| Contributions, gifts, grants paid | $62,527 |
| Total expenses and disbursements | $96,175 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,134 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,323 |
| Total assets | $1,408,049 |
| Accounts payable and accrued expenses | $2,400 |
| 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 | $2,400 |
Grants Awarded
Over the last fiscal year, Halpern Foundation has awarded $62,527 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BETH SHALOM CONGREGATION PURPOSE: COMMUNITY | $3,277 |
PITTSBURGH SYMPHONY ORCHESTRA PURPOSE: COMMUNITY | $2,500 |
JEWISH FEDERATION OF GREATER PGH PURPOSE: COMMUNITY | $40,000 |
KRAVIS CENTER PURPOSE: COMMUNITY | $1,000 |
CARNEGIE INSTITUTE PURPOSE: COMMUNITY | $500 |
GLOBAL EMPOWERMENT MISSION PURPOSE: COMMUNITY | $1,000 |