Northwest Charitable Foundation
- Assets
- $13.7m
- Revenue
- $1.1m
- Investments
- $13.7m
- Employees
- 0
- Location
- Warren, PA
- Founding
- 08/2011
- Data as of
- 12/2023
- EIN
- 27-1403629
Organization Overview
Northwest Charitable Foundation is located in Warren, PA. The organization was established in 2011. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Northwest Charitable 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 12/2023, Northwest Charitable Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Northwest Charitable Foundation has awarded 1,703 individual grants totaling $9,964,226. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Fannin Director | 0 | $0 | |
John P Meegan Director | 0 | $0 | |
Louis J Torchio President | 0 | $0 | |
William W Harvey Jr Treasurer | 0 | $0 | |
T Kay Eadie Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $222 |
| Dividends & Interest | $1,056,180 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,714 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,054,688 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,603 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,482 |
| Contributions, gifts, grants paid | $991,481 |
| Total expenses and disbursements | $1,018,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,948 |
| 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 | $921,989 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,708,587 |
| 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, Northwest Charitable Foundation has awarded $991,481 in support to 164 organizations.
| Grant Recipient | Amount |
|---|---|
43 NORTH BPC INC PURPOSE: 43NORTH FINALS SPONSORSHIP | $2,500 |
8TWELVE COALITION PURPOSE: ANNUAL SCHOLARSHIP LUNCHEON | $1,500 |
ALLIES FOR CHILDREN PURPOSE: WIC ACTIVITY FUNDING | $10,000 |
ALLEGHENY HEALTH NETWORK PURPOSE: PROGRAM FUNDING | $12,000 |
AMERICAN CANCER SOCIETY PURPOSE: DISCOVERY BALL SPONSORSHIP | $7,500 |
ARTS SERVICES ASI PURPOSE: LAWYERS FOR THE ARTS 2023 | $3,500 |