Frank D Brown Jr Charitable Tr I is located in Pittsburgh, PA. The organization was established in 1994. 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. Frank D Brown Jr Charitable Tr I 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, Frank D Brown Jr Charitable Tr I generated $158.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $77.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Frank D Brown Jr Charitable Tr I has awarded 56 individual grants totaling $553,939. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah B English Co-Trustee | 1 | $0 | |
Pnc Bank N A Co-Trustee | 2 | $8,914 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $40,137 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $118,195 |
| Capital Gain Net Income | $118,195 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $158,332 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,914 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,344 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,258 |
| Contributions, gifts, grants paid | $66,500 |
| Total expenses and disbursements | $77,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $180,124 |
| 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 | $917,750 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,097,874 |
| 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, Frank D Brown Jr Charitable Tr I has awarded $66,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MARYLAND INSTITUTE COLLEGE PURPOSE: GENERAL SUPPORT | $2,000 |
TRUSTEES OF THE WALTER ART PURPOSE: GENERAL SUPPORT | $10,000 |
BALTIMORE SYMPHONY ORCHESTRA PURPOSE: GENERAL SUPPORT | $2,000 |
CORPORATION OF ST TIMOTHY'S PURPOSE: GENERAL SUPPORT | $2,500 |
WALTER ENDOWMENT PURPOSE: GENERAL SUPPORT | $50,000 |