Harshman Family Foundation is located in Pittsburgh, PA. The organization was established in 2014. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harshman Family Foundation 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 12/2022, Harshman Family Foundation generated $240.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $392.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Harshman Family Foundation has awarded 43 individual grants totaling $2,467,000. 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
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard J Harshman Director/chairman/president | 0 | $0 | |
Scheryl Harshman Director/secretary/treasurer | 0 | $0 | |
Larry S Blair Director/vice President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $4,851 |
| Dividends & Interest | $59,001 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$23,549 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $240,303 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $353 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,578 |
| Contributions, gifts, grants paid | $375,000 |
| Total expenses and disbursements | $392,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,973 |
| Savings and temporary cash investments | $135,460 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,043,076 |
| 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, Harshman Family Foundation has awarded $375,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ROBERT MORRIS UNIVERSITY PURPOSE: HARSHMAN FAMILY FOUNDATION RESTRICTED EVENT CENTER FUND | $120,000 |
UNITED WAY OF SOUTHWESTERN PA PURPOSE: GENERAL SUPPORT | $100,000 |
PITTSBURGH CULTURAL TRUST PURPOSE: $25,000 ANNUAL TRUST CAMPAIGN, $75,000 CAPITAL CAMPAIGN SUPPORT, $10,000 KEVIN MCMAHON ENDOWMENT FUND | $110,000 |
CHUCK NOLL FOUNDATION FOR BRAIN INSURY RESEARCH PURPOSE: YEAR 3 OF 5 YEAR PLEDGE FOR GLOBALLY LEADING RESEARCH OF BRAIN TRAUMA/INJURIES AND BRAIN DISEASE, INCLUDING DEMENTIA AND ALZHEIMER'S | $25,000 |
UNITED WAY OF SW PA PURPOSE: ASSISTANCE IN REFUGEE CRISIS #PGHUNITEDFORUKRAINE | $5,000 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: CREDIT TO JAMIE MICHELLE | $15,000 |