Avanell C Stambaugh Fund
- Assets
- $779.6k
- Revenue
- $3.3k
- Investments
- $752.9k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 07/1956
- Data as of
- 12/2023
- EIN
- 34-6515738
Organization Overview
Avanell C Stambaugh Fund is located in Pittsburgh, PA. The organization was established in 1956. 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. Avanell C Stambaugh Fund 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, Avanell C Stambaugh Fund generated $3.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (25.7%) each year. All expenses for the organization totaled $36.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Avanell C Stambaugh Fund has awarded 40 individual grants totaling $347,408. 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 | $20,650 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$18,222 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $873 |
| Total Revenue | $3,301 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,017 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $841 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $2,058 |
| Contributions, gifts, grants paid | $33,968 |
| Total expenses and disbursements | $36,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,659 |
| 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 | $752,921 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $779,580 |
| 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, Avanell C Stambaugh Fund has awarded $33,968 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BOY SCOUTS OF AMERICA TROOP # 124 PURPOSE: GENERAL SUPPORT | $3,641 |
GIRL SCOUTS OF WESTERN OH PURPOSE: GENERAL SUPPORT | $1,595 |
METHODIST CHILDRENS HOME PURPOSE: GENERAL SUPPORT | $2,235 |
OHIO NORTHERN UNIVERSITY PURPOSE: GENERAL SUPPORT | $26,497 |