W A Hanger Charitable Trust
- Assets
- $17.5m
- Revenue
- $1.1m
- Investments
- $17.2m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 02/1988
- Data as of
- 10/2023
- 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 10/2023, W A Hanger Charitable Trust generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.8% each year . All expenses for the organization totaled $1.1m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, W A Hanger Charitable Trust has awarded 16 individual grants totaling $6,757,448. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pnc Bank Trustee | 10 | $50,285 | |
Joseph W Ritzel Co-Trustee | 7 | $37,710 | |
William R Hamm ESQ Co-Trustee | 7 | $37,710 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $434,007 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $635,072 |
| Capital Gain Net Income | $635,072 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $41,469 |
| Total Revenue | $1,110,548 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,705 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,487 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,176 |
| Total operating and administrative expenses | $149,368 |
| Contributions, gifts, grants paid | $937,420 |
| Total expenses and disbursements | $1,086,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,887 |
| Savings and temporary cash investments | $152,764 |
| 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 | $12,775,219 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $51,556 |
| Total assets | $17,473,528 |
| 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 $937,420 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE SALVATION ARMY PURPOSE: GENERAL USE AND PURPOSES | $468,710 |
AMERICAN RED CROSS PURPOSE: GENERAL USE AND PURPOSES | $468,710 |