Helen D & Adrian G Newcomb Fund is located in Pittsburgh, PA. The organization was established in 0000. 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. Helen D & Adrian G Newcomb 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, Helen D & Adrian G Newcomb Fund generated $551.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $550.8k during the year ending 12/2023. While expenses have increased by 0.4% per year over the past 5 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 2020, Helen D & Adrian G Newcomb Fund has awarded 12 individual grants totaling $1,855,546. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $245,936 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $305,409 | 
| Capital Gain Net Income | $305,409 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $551,345 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $84,868 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $5,149 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $2,768 | 
| Total operating and administrative expenses | $92,785 | 
| Contributions, gifts, grants paid | $458,008 | 
| Total expenses and disbursements | $550,793 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$185 | 
| Savings and temporary cash investments | $647,509 | 
| 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 | $7,644,585 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $8,291,909 | 
| 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 | 
Over the last fiscal year, Helen D & Adrian G Newcomb Fund has awarded $458,008 in support to 3 organizations.
| Grant Recipient | Amount | 
|---|---|
| SALVATION ARMY PURPOSE: GENERAL SUPPORT | $5,000 | 
| CASE WESTERN RESERVE UNIVERSITY PURPOSE: GRANT TO SCHOOL OF MEDICINE | $229,004 | 
| UNITED WAY OF GREATER CLEVELAND PURPOSE: GENERAL SUPPORT | $224,004 |