Pershing Charitable Trust
- Assets
- $85.0m
- Revenue
- $3.4m
- Investments
- $84.1m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 02/1970
- Data as of
- 09/2022
- EIN
- 43-6103545
Organization Overview
Pershing Charitable Trust is located in St Louis, MO. The organization was established in 1970. 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. Pershing Charitable 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 09/2022, Pershing Charitable Trust generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $5.3m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pershing Charitable Trust has awarded 318 individual grants totaling $18,882,250. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Steve Lawler Trustee | 1 | $0 | |
Marian Mehan Trustee | 1 | $0 | |
William L Polk Jr Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,697,491 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,716,220 |
| Capital Gain Net Income | $1,716,220 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,413,711 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $51,875 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $319,715 |
| Total operating and administrative expenses | $437,640 |
| Contributions, gifts, grants paid | $4,871,400 |
| Total expenses and disbursements | $5,309,040 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $844,622 |
| 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 | $29,446 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,424,870 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $85,022,570 |
| 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, Pershing Charitable Trust has awarded $4,871,400 in support to 74 organizations.
| Grant Recipient | Amount |
|---|---|
St Louis, MO PURPOSE: GENERAL CHARITABLE PURPOSES | $1,000,000 |
GREAT RIVERS GREENWAY FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSES | $500,000 |
CONCORDANCE ACADEMY PURPOSE: GENERAL CHARITABLE PURPOSES | $400,000 |
St Louis, MO PURPOSE: GENERAL CHARITABLE PURPOSES | $300,000 |
URBAN LEAGUE OF METRO SAINT LOUIS PURPOSE: GENERAL CHARITABLE PURPOSES | $200,000 |
COCA - CENTER OF CREATIVE ARTS PURPOSE: GENERAL CHARITABLE PURPOSES | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Joseph W Craft Iii Foundation Tulsa, OK | $111,776,138 | $19,434,208 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Saul Zaentz Charitable Foundation Glenview, IL | $31,204,978 | $8,995,660 |
The John And Kathleen Schreiber Foundation Lake Forest, IL | $89,899,268 | $85,376,815 |