Charles W Pehna Jr Scholarship Tr is located in Pittsburgh, PA. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles W Pehna Jr Scholarship Tr 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, Charles W Pehna Jr Scholarship Tr generated $8.5k 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 (10.7%) each year. All expenses for the organization totaled $19.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Charles W Pehna Jr Scholarship Tr has awarded 25 individual grants totaling $118,710. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISSUED SCHOLARSHIPS TO 4 INDIVIDUALS TO STUDY AT VARIOUS COLLEGES AND UNIVERSITIES
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,385 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$123 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $237 |
| Total Revenue | $8,499 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,644 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $71 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $5,465 |
| Contributions, gifts, grants paid | $13,760 |
| Total expenses and disbursements | $19,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,459 |
| 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 | $306,188 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $100 |
| Total assets | $319,747 |
| 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, Charles W Pehna Jr Scholarship Tr has awarded $13,760 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
JANESE LONG PURPOSE: SCHOLARSHIP | $2,752 |
RODERICK MELVIN JETER PURPOSE: SCHOLARSHIP | $2,752 |
CUSHA BROWN PURPOSE: SCHOLARSHIP | $2,752 |
NAQUAYA WILSON PURPOSE: SCHOLARSHIP | $2,752 |
AZARIA PINNICK-ELLIS PURPOSE: SCHOLARSHIP | $2,752 |