Hutton & Jost Memorial Trust is located in Pittsburgh, PA. The organization was established in 1993. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Hutton & Jost Memorial 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, Hutton & Jost Memorial Trust generated $939.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $733.5k during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 8 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 2015, Hutton & Jost Memorial Trust has awarded 94 individual grants totaling $4,699,944. 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 | $345,280 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $586,887 |
| Capital Gain Net Income | $586,887 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,807 |
| Total Revenue | $938,974 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $107,235 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,439 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,658 |
| Total operating and administrative expenses | $134,332 |
| Contributions, gifts, grants paid | $599,172 |
| Total expenses and disbursements | $733,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $323,957 |
| 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 | $10,292,362 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,832,315 |
| 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, Hutton & Jost Memorial Trust has awarded $599,172 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
JESUIT SEMINARY AID ASSOCIATION PURPOSE: GENERAL SUPPORT | $49,931 |
ST LOUIS ARCH-CARDINAL RIGALI C PURPOSE: GENERAL PURPOSE | $149,793 |
LITTLE SISTERS OF THE POOR PURPOSE: GENERAL SUPPORT | $49,931 |
GREAT CIRCLE FORM BOYS TOWN PURPOSE: GENERAL PURPOSE | $49,931 |
DISCALCED CARMELITES PURPOSE: GENERAL SUPPORT | $49,931 |
FRANCISCAN FATHERS OF PROVINCE PURPOSE: GENERAL SUPPORT | $49,931 |