William D Durham Residuary Tr
- Assets
- $2.0m
- Revenue
- $8.7k
- Investments
- $1.8m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 04/2012
- Data as of
- 12/2022
- EIN
- 27-7071135
Organization Overview
William D Durham Residuary Tr is located in Pittsburgh, PA. The organization was established in 2012. 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. William D Durham Residuary Tr 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 12/2022, William D Durham Residuary Tr generated $8.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (32.1%) each year. All expenses for the organization totaled $147.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, William D Durham Residuary Tr has awarded 42 individual grants totaling $700,182. 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 | $43,563 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$35,110 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $199 |
| Total Revenue | $8,652 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,889 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,737 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $33,602 |
| Contributions, gifts, grants paid | $113,840 |
| Total expenses and disbursements | $147,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $114,931 |
| 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 | $1,769,672 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,954,603 |
| 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, William D Durham Residuary Tr has awarded $113,840 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SALVATION ARMY PURPOSE: GENERAL SUPPORT | $28,460 |
CONNECTIONS CHRISTIAN CHURCH PURPOSE: GENERAL SUPPORT | $17,076 |
MT HEALTHY CHRISTIAN HOME INC PURPOSE: GENERAL SUPPORT | $17,076 |
EASTSIDE CHRISTIAN CHURCH PURPOSE: GENERAL SUPPORT | $17,076 |
VILLIAGE OF NEWTOWN OHIO PURPOSE: GENERAL SUPPORT | $5,692 |
MOUNTAIN MISSION SCHOOL INC PURPOSE: GENERAL SUPPORT | $28,460 |