George A Laughlin Tr
- Assets
- $18.8m
- Revenue
- $1.1m
- Investments
- $7.3m
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- 12/1970
- Data as of
- 12/2023
- EIN
- 55-6016889
Organization Overview
George A Laughlin Tr is located in Wheeling, WV. The organization was established in 1970. 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.
For the year ending 12/2023, George A Laughlin Tr generated $1.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 8.6% per year over the past 5 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 2020, George A Laughlin Tr has awarded 425 individual grants totaling $4,951,920. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,472 |
| Dividends & Interest | $404,056 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $650,524 |
| Capital Gain Net Income | $650,524 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,057,052 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $104,176 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,315 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $450 |
| Other expenses | $10,145 |
| Total operating and administrative expenses | $118,311 |
| Contributions, gifts, grants paid | $1,404,171 |
| Total expenses and disbursements | $1,522,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $553 |
| Savings and temporary cash investments | $497,121 |
| Net Accounts receivable | $29,581 |
| 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 | $3,421,981 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,951,769 |
| Total assets | $18,779,789 |
| 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, George A Laughlin Tr has awarded $1,404,171 in support to 109 organizations.
| Grant Recipient | Amount |
|---|---|
JENNA MINOR PURPOSE: HOUSING | $249,228 |
MONAE WALKER PURPOSE: HOUSING | $119,181 |
JORDAN PECK JON MICHAEL GOCSIK PURPOSE: HOUSING | $5,192 |
TRACEY GALLOWAY PURPOSE: HOUSING | $12 |
REBECCA LANHAM PURPOSE: HOUSING | $186,224 |
TROY MALLERY PURPOSE: HOUSING | $557 |