Bruce D & Treasure Sachnoff Charit Family Foundation
- Assets
- $332.2k
- Revenue
- $21.6k
- Investments
- $324.4k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 04/1991
- Data as of
- 04/2024
- EIN
- 25-6346205
Organization Overview
Bruce D & Treasure Sachnoff Charit Family Foundation is located in Pittsburgh, PA. The organization was established in 1991. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bruce D & Treasure Sachnoff Charit Family 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 04/2024, Bruce D & Treasure Sachnoff Charit Family Foundation generated $21.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $106.5k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bruce D & Treasure Sachnoff Charit Family Foundation has awarded 266 individual grants totaling $365,200. 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 |
|---|---|---|---|
Bruce Sachnoff Co-Trustee | 5 | $0 | |
Brian Anderson Co-Trustee | 5 | $0 | |
Bny Mellon N A Co-Trustee | 1 | $5,154 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,792 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,768 |
| Capital Gain Net Income | $11,768 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18 |
| Total Revenue | $21,578 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,154 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $148 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,302 |
| Contributions, gifts, grants paid | $101,150 |
| Total expenses and disbursements | $106,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,750 |
| 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 | $324,406 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $332,156 |
| 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, Bruce D & Treasure Sachnoff Charit Family Foundation has awarded $101,150 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
IMAGINE A CENTER FOR COPING WITH LOSS PURPOSE: GENERAL OPERATING | $1,000 |
FRIENDS OF UNITED HATZALAH PURPOSE: GENERAL OPERATING | $10,000 |
WESA PURPOSE: GENERAL OPERATING | $400 |
WQED LEADERSHIP CIRCLE PURPOSE: GENERAL OPERATING | $4,500 |
WOUNDED WARRIOR PROJECT PURPOSE: GENERAL OPERATING | $800 |
UNITED STATES HOLOCAUST MUSEUM PURPOSE: GENERAL OPERATING | $1,000 |