Merle E Gilliand & Olive Lee Gilliand Foundation
- Assets
- $1.7m
- Revenue
- $114.4k
- Investments
- $1.5m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 10/2001
- Data as of
- 06/2023
- EIN
- 25-6755561
Organization Overview
Merle E Gilliand & Olive Lee Gilliand Foundation is located in Pittsburgh, PA. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Merle E Gilliand & Olive Lee Gilliand 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 06/2023, Merle E Gilliand & Olive Lee Gilliand Foundation generated $114.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $165.9k during the year ending 06/2023. While expenses have increased by 8.7% per year over the past 7 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 2016, Merle E Gilliand & Olive Lee Gilliand Foundation has awarded 57 individual grants totaling $765,577. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $62,205 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,190 |
| Capital Gain Net Income | $52,190 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $114,395 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,783 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,651 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $30,434 |
| Contributions, gifts, grants paid | $135,440 |
| Total expenses and disbursements | $165,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $120,104 |
| 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 | $1,194,170 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $23,939 |
| Total assets | $1,692,213 |
| 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, Merle E Gilliand & Olive Lee Gilliand Foundation has awarded $135,440 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BETHLEHEM HAVEN PURPOSE: GENERAL SUPPORT | $30,000 |
PITTSBURGH PARKS CONSERVANCY PURPOSE: GENERAL SUPPORT | $20,000 |
PITTSBURGH THEOLOGICAL SEMINARY PURPOSE: GENERAL SUPPORT | $3,544 |
SHADY SIDE ACADEMY PURPOSE: GENERAL SUPPORT | $3,544 |
UNIVERSITY OF PITTSBURGH PURPOSE: GENERAL SUPPORT | $3,544 |
FOX CHAPEL PRESB CHURCH PURPOSE: GENERAL SUPPORT | $7,088 |