Lewis & Marguerite K Herndon Memorial Fund B Tr Ua Nect
- Assets
- $2.0m
- Revenue
- $122.9k
- Investments
- $1.9m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 03/1975
- Data as of
- 08/2024
- EIN
- 61-6042421
Organization Overview
Lewis & Marguerite K Herndon Memorial Fund B Tr Ua Nect is located in Pittsburgh, PA. The organization was established in 1975. 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 08/2024, Lewis & Marguerite K Herndon Memorial Fund B Tr Ua Nect generated $122.9k 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 (16.2%) each year. All expenses for the organization totaled $238.2k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lewis & Marguerite K Herndon Memorial Fund B Tr Ua Nect has awarded 42 individual grants totaling $965,701. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $59,281 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $63,592 |
| Capital Gain Net Income | $63,592 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $122,873 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,966 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $572 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $180 |
| Total operating and administrative expenses | $31,345 |
| Contributions, gifts, grants paid | $206,884 |
| Total expenses and disbursements | $238,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,436 |
| 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 | $1,943,585 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,986,021 |
| 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, Lewis & Marguerite K Herndon Memorial Fund B Tr Ua Nect has awarded $206,884 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: GENERAL SUPPORT | $13,240 |
CENTRE COLLEGE OF KENTUCKY PURPOSE: GENERAL SUPPORT | $13,240 |
KOSAIR CHARITIES COMMITTEE INC PURPOSE: GENERAL SUPPORT | $114,204 |
FIRST PRESBYTERIAN CHURCH OF PURPOSE: GENERAL SUPPORT OF CHURCH | $13,240 |
CHILDRENS HOSPITAL FOUNDATION INC PURPOSE: GENERAL SUPPORT | $52,960 |