Richard H & Mary K Hosfeld Memorial Trust Ua 1
- Assets
- $920.4k
- Revenue
- $22.0k
- Investments
- $916.5k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 10/1992
- Data as of
- 04/2024
- EIN
- 25-6377613
Organization Overview
Richard H & Mary K Hosfeld Memorial Trust Ua 1 is located in Pittsburgh, PA. The organization was established in 1992. 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. Richard H & Mary K Hosfeld Memorial Trust Ua 1 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, Richard H & Mary K Hosfeld Memorial Trust Ua 1 generated $22.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.7%) each year. All expenses for the organization totaled $60.9k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Richard H & Mary K Hosfeld Memorial Trust Ua 1 has awarded 49 individual grants totaling $218,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,268 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,640 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,344 |
| Total Revenue | $21,972 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,161 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $217 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,553 |
| Total operating and administrative expenses | $17,931 |
| Contributions, gifts, grants paid | $43,000 |
| Total expenses and disbursements | $60,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,843 |
| 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 | $916,515 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $920,358 |
| 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, Richard H & Mary K Hosfeld Memorial Trust Ua 1 has awarded $43,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CIRCLE OF LOVE COMM OUTREACH PROGRA PURPOSE: GENERAL OPERATING | $1,000 |
SHIPPENSBURG COMMUNITY PARKS & REC PURPOSE: GENERAL OPERATING | $7,000 |
UNITED WAY OF SHIPPENSBURG AREA PURPOSE: GENERAL OPERATING | $3,000 |
CHRIST AMONG NEIGHBORS PURPOSE: GENERAL OPERATING | $1,000 |
SHIPPENSBURG UNIVERSITY FDN INC PURPOSE: GENERAL OPERATING | $3,000 |
KATIE'S PLACE OF SHIPPENSBURG INC PURPOSE: GENERAL OPERATING | $3,000 |