A F Robertson Fam Memorial Fund
- Assets
- $580.5k
- Revenue
- $15.3k
- Investments
- $555.0k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1967
- Data as of
- 12/2023
- EIN
- 35-6057077
Organization Overview
A F Robertson Fam Memorial Fund is located in Pittsburgh, PA. The organization was established in 1967. 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. A F Robertson Fam Memorial 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, A F Robertson Fam Memorial Fund generated $15.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $35.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, A F Robertson Fam Memorial Fund has awarded 78 individual grants totaling $180,523. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISSUED SCHOLARSHIPS TO 15 INDIVIDUALS FOR STUDY AT VARIOUS INSTITUTIONS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,299 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$489 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $484 |
| Total Revenue | $15,294 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,433 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $130 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,815 |
| Total operating and administrative expenses | $13,378 |
| Contributions, gifts, grants paid | $21,834 |
| Total expenses and disbursements | $35,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,453 |
| 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 | $555,008 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $580,461 |
| 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, A F Robertson Fam Memorial Fund has awarded $21,834 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BROOKE SCHAFSTALL CO PNC BANK PURPOSE: SCHOLARSHIP | $3,639 |
GRACE CLAYCAMP CO PNC BANK PURPOSE: SCHOLARSHIP | $3,639 |
ELIX PRESTON CO PNC BANK PURPOSE: SCHOLARSHIP | $3,639 |
ELI BALLARD CO PNC BANK PURPOSE: SCHOLARSHIP | $3,639 |
MACKENZIE WASKOM CO PNC BANK PURPOSE: SCHOLARSHIP | $3,639 |
JAREN CUNNINGTON CO PNC BANK PURPOSE: SCHOLARSHIP | $3,639 |