Worner Trust
- Assets
- $2.5m
- Revenue
- $124.5k
- Investments
- $2.5m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1996
- Data as of
- 03/2024
- EIN
- 37-6337761
Organization Overview
Worner Trust is located in Pittsburgh, PA. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Worner Trust 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 03/2024, Worner Trust generated $124.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $172.4k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Worner Trust has awarded 119 individual grants totaling $1,180,510. 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 | $68,140 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,179 |
| Capital Gain Net Income | $55,179 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,131 |
| Total Revenue | $124,450 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,220 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,118 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,754 |
| Total operating and administrative expenses | $27,092 |
| Contributions, gifts, grants paid | $145,346 |
| Total expenses and disbursements | $172,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,143 |
| 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 | $2,484,069 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,521,212 |
| 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, Worner Trust has awarded $145,346 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
GRAMEEN FOUNDATION PURPOSE: GENERAL SUPPORT | $31,346 |
SIGMA XI THE SCIENTIFIC RESEARCH PURPOSE: GRANTS IN-AID OF RESEARCH | $20,000 |
SUN FOUNDATION FOR ADVANCEMENT IN THE PURPOSE: GENERAL SUPPORT | $10,000 |
ILLINI CENTRAL CUSD 189 PURPOSE: ILLINI CENTRAL CUSD | $4,000 |
PEORIA RIVERFRONT MUSEUM PURPOSE: DA VINCI THE GENIUS SERIES | $50,000 |
ADULT & TEEN CHALLENGE PURPOSE: GENERAL SUPPORT | $5,000 |