Shore Fund
- Assets
- $7.7m
- Revenue
- $1.2m
- Investments
- $7.6m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 09/1982
- Data as of
- 12/2021
- EIN
- 25-6220659
Organization Overview
Shore Fund is located in Pittsburgh, PA. The organization was established in 1982. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shore Fund 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 12/2021, Shore Fund generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 45.5% each year . All expenses for the organization totaled $473.1k during the year ending 12/2021. While expenses have increased by 20.0% per year over the past 4 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, Shore Fund has awarded 16 individual grants totaling $820,000. 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 |
|---|---|---|---|
Bny Mellon N A Co-Trustee | 0 | $41,541 | |
Christine Wagner Co-Trustee | 1 | $0 | |
Margaret F Blackburn Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $156,725 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,070,207 |
| Capital Gain Net Income | $1,070,207 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,226,932 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $41,541 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,536 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $63,077 |
| Contributions, gifts, grants paid | $410,000 |
| Total expenses and disbursements | $473,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $106,203 |
| 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 | $7,640,562 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,746,765 |
| 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, Shore Fund has awarded $410,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Raleigh, NC PURPOSE: GENERAL OPERATING | $200,000 |
COMMUNITY FOUNDATION OF COLLIER COUNTY PURPOSE: GENERAL OPERATING | $132,000 |
Chicago, IL PURPOSE: GENERAL OPERATING PURPOSES | $20,000 |
Parsons, WV PURPOSE: GENERAL OPERATING | $20,000 |
ANN & PAUL MCKEAN FAMILY FUND PURPOSE: GENERAL OPERATING | $18,000 |
Dobbs Ferry, NY PURPOSE: GENERAL OPERATING | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Madison Square Park Conservancy Inc New York, NY | $17,758,568 | $5,971,586 |
Climate Group Inc New York, NY | $1,626,352 | $3,142,770 |
Alexander Foundation Inc New York, NY | $78,432,916 | $6,451,996 |
Columbiana County Agricultural Society Lisbon, OH | $2,776,496 | $1,730,372 |
Capital Resource Conservation And Development Inc Carlisle, PA | $207,381 | $1,125,341 |
Kendall Foundation Inc Ashtabula, OH | $66,558 | $578,805 |
Woolrich Outdoor Foundation New York, NY | $94,874 | $697,419 |
East Park Leadership And Conservation Center Philadelphia, PA | $16,580,928 | $408,539 |
Shore Fund Pittsburgh, PA | $7,746,765 | $1,226,932 |
Environmental Endowment For New Jersey Inc Trenton, NJ | $5,545,511 | $1,299,856 |
Appleford Committee Villanova, PA | $2,160,475 | $852,791 |
East Hampton Village Foundation East Hampton, NY | $1,386,264 | $1,719,535 |