Mitchell R Tw For Charities
- Assets
- $798.1k
- Revenue
- $58.2k
- Investments
- $769.0k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 07/1996
- Data as of
- 12/2023
- EIN
- 25-6542142
Organization Overview
Mitchell R Tw For Charities is located in Pittsburgh, PA. The organization was established in 1996. 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. Mitchell R Tw For Charities 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, Mitchell R Tw For Charities generated $58.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $51.6k during the year ending 12/2023. While expenses have increased by 9.4% per year over the past 9 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 2015, Mitchell R Tw For Charities has awarded 80 individual grants totaling $352,674. 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 | $21,829 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,896 |
| Capital Gain Net Income | $35,896 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $431 |
| Total Revenue | $58,156 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,870 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $504 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,374 |
| Contributions, gifts, grants paid | $41,216 |
| Total expenses and disbursements | $51,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,088 |
| 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 | $768,992 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $798,080 |
| 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, Mitchell R Tw For Charities has awarded $41,216 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST UNITED PRESBYTERIAN CHURCH PURPOSE: GENERAL SUPPORT | $5,152 |
YMCA OF TITUSVILLE PURPOSE: GENERAL SUPPORT | $5,152 |
TITUSVILLE AREA HEALTH CENTER PURPOSE: GENERAL SUPPORT | $7,388 |
ASSOCIATION CHARITIES OF TITUSVILLE PURPOSE: GENERAL SUPPORT | $5,152 |
PRESBYTERIAN HOMES IN THE PURPOSE: GENERAL SUPPORT | $5,152 |
BENSON MEMORIAL LIBRARY PURPOSE: GENERAL SUPPORT | $5,152 |