Blanche & Thomas Hope Memorial Fund
- Assets
- $3.9m
- Revenue
- $70.9k
- Investments
- $3.7m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 10/1980
- Data as of
- 12/2023
- EIN
- 61-6067105
Organization Overview
Blanche & Thomas Hope Memorial Fund is located in Pittsburgh, PA. The organization was established in 1980. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is the central organization for a national or regional group of organizations. Blanche & Thomas Hope Memorial Fund 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, Blanche & Thomas Hope Memorial Fund generated $70.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (25.1%) each year. All expenses for the organization totaled $268.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Blanche & Thomas Hope Memorial Fund has awarded 400 individual grants totaling $740,176. 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 | $0 |
| Dividends & Interest | $110,520 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$45,446 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,825 |
| Total Revenue | $70,899 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $42,587 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,786 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,594 |
| Total operating and administrative expenses | $61,967 |
| Contributions, gifts, grants paid | $206,207 |
| Total expenses and disbursements | $268,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $158,063 |
| 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 | $3,284,617 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $681 |
| Total assets | $3,851,984 |
| 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, Blanche & Thomas Hope Memorial Fund has awarded $206,207 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
KYLE MCCOMIS PURPOSE: SCHOLARSHIP | $717 |
OLIVIA MULHEARN PURPOSE: SCHOLARSHIP | $718 |
MACAILA BLANKENSHIP PURPOSE: SCHOLARSHIP | $717 |
JULIA PARKER PURPOSE: SCHOLARSHIP | $718 |
HALLEY COLLIER PURPOSE: SCHOLARSHIP | $718 |
TAMRON MCCAIN PURPOSE: SCHOLARSHIP | $1,153 |