Thomas M & Suzanne Whitney Charit Able Trust is located in Pittsburgh, PA. The organization was established in 1982. 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. Thomas M & Suzanne Whitney Charit Able 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 12/2023, Thomas M & Suzanne Whitney Charit Able Trust generated $10.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $20.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,627 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,112 |
| Capital Gain Net Income | $2,112 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $27 |
| Total Revenue | $10,766 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,007 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,023 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $20,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,543 |
| 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 | $228,378 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $235,921 |
| 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, Thomas M & Suzanne Whitney Charit Able Trust has awarded $15,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NEW LIFE IN CHRIST CHURCH INC PURPOSE: GENERAL SUPPORT | $7,500 |
ETHOS 360 PURPOSE: FOR THE MINISTRY OF GREG & | $3,000 |
CONSTRUCTION FOR WORLDWIDE EVANGELISM PURPOSE: THE MINISTRY OF BRUCE AND | $1,000 |
HUNTER CREEK COMMUNITY CHURCH PURPOSE: FOR THE MINISTRY OF DALE | $3,500 |