Margaret E Porter Trust Uw is located in Hermitage, PA. The organization was established in 0000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRUST DISTRIBUTES ITS NET INCOME AS FOLLOWS: 50% TO EMMANUEL UNITED PRES. CHURCH, 30% TO FIRST PRES. CHURCH, 10% TO THIEL COLLEGE, 10% TO UPMC HORIZON BUSINESS CENTER
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,875 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,305 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$430 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $153 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,861 |
| Contributions, gifts, grants paid | $5,490 |
| Total expenses and disbursements | $8,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,203 |
| 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 | $0 |
| Total assets | $112,714 |
| 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, Margaret E Porter Trust Uw has awarded $5,490 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UPMC PURPOSE: GENERAL FUND | $549 |
THIEL COLLEGE PURPOSE: AT THE DISCRETION OF THE | $549 |
EMMANUEL UNITED PRESBYTERIAN CHURCH PURPOSE: AT THE DISCRETION OF THE | $2,745 |
FIRST PRESBYTERIAN CHURCH PURPOSE: AT THE DISCRETION OF THE | $1,647 |