W A Hanger Charitable Trust
- Assets
- $17.4m
- Revenue
- $1.7m
- Investments
- $17.3m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 02/1988
- Data as of
- 10/2021
- EIN
- 61-6114573
Organization Overview
W A Hanger Charitable Trust is located in Pittsburgh, PA. The organization was established in 1988. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. W A Hanger Charitable Trust 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 10/2021, W A Hanger Charitable Trust generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 52.5% each year . All expenses for the organization totaled $955.5k during the year ending 10/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, W A Hanger Charitable Trust has awarded 12 individual grants totaling $4,983,446. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pnc Bank Trustee | 10 | $54,194 | |
Joseph W Ritzel Co-Trustee | 7 | $40,646 | |
William R Hamm ESQ Co-Trustee | 7 | $40,646 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $355,309 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,347,979 |
| Capital Gain Net Income | $1,347,979 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $35,729 |
| Total Revenue | $1,739,017 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $135,486 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29,390 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $164,906 |
| Contributions, gifts, grants paid | $790,624 |
| Total expenses and disbursements | $955,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,458 |
| Savings and temporary cash investments | $66,740 |
| 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 | $11,866,153 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $51,556 |
| Total assets | $17,443,104 |
| 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, W A Hanger Charitable Trust has awarded $790,624 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: GENERAL USE AND PURPOSES | $395,312 |
West Nyack, NY PURPOSE: GENERAL USE AND PURPOSES | $395,312 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Of The Finger Lakes Inc Rochester, NY | $32,628,122 | $49,070,844 |
Cds Life Transitions Inc Webster, NY | $27,377,961 | $42,498,217 |
Marc Lustgarten Pancreatic Cancer Foundation Woodbury, NY | $78,505,397 | $30,446,505 |
Oorah Inc Lakewood, NJ | $130,482,876 | $48,751,696 |
Childrens Home Of Bradford Pa Bradford, PA | $26,433,837 | $14,233,894 |
Inglis Foundation Philadelphia, PA | $233,825,090 | $16,920,191 |
The Watson Institute Sewickley, PA | $170,930,648 | $13,658,608 |
Kidsvoice Pennsylvania Inc Pittsburgh, PA | $7,340,747 | $6,599,088 |
Stoneridge Retirement Living Communities Inc Myerstown, PA | $4,364,446 | $5,435,180 |
Sisters Of Charity Foundation Of Canton Cleveland, OH | $111,250,604 | $3,627,612 |
Early Childhood Resource Center Cleveland, OH | $3,858,809 | $4,039,118 |
The Foundation Of The Oscar And Ella Wilf Campus For Senior Living Somerset, NJ | $10,391,849 | $3,643,840 |