Benjamin And Fannie Applestein Charitable Trust is located in Pittsburgh, PA. The organization was established in 2017. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Benjamin And Fannie Applestein Charitable Trust 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 12/2023, Benjamin And Fannie Applestein Charitable Trust generated $16.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $50.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Benjamin And Fannie Applestein Charitable Trust has awarded 78 individual grants totaling $319,533. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $19,687 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | -$3,915 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $770 | 
| Total Revenue | $16,542 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,371 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $171 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $0 | 
| Total operating and administrative expenses | $9,542 | 
| Contributions, gifts, grants paid | $40,830 | 
| Total expenses and disbursements | $50,372 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $37,404 | 
| 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 | $709,434 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $746,838 | 
| 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, Benjamin And Fannie Applestein Charitable Trust has awarded $40,830 in support to 13 organizations.
| Grant Recipient | Amount | 
|---|---|
| PRESBYTERIAN UNIVERSITY HOSPITAL PURPOSE: GENERAL SUPPORT | $2,966 | 
| RODEF SHALOM CONGREGATION PURPOSE: GENERAL SUPPORT | $2,966 | 
| JEWISH HOME & HOSPITAL FOR THE AGED PURPOSE: GENERAL SUPPORT | $2,966 | 
| UPMC MERCY PURPOSE: GENERAL SUPPORT | $2,970 | 
| GOODWILL INDUSTRIES PURPOSE: GENERAL SUPPORT | $2,966 | 
| SHADYSIDE HOSPITAL FOUNDATION PURPOSE: GENERAL SUPPORT | $2,970 |