Mel Douglass Fund is located in Pittsburgh, PA. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mel Douglass 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, Mel Douglass Fund generated $64.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $29.8k during the year ending 12/2023. While expenses have increased by 14.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS AWARDED TO GRADUATING HIGH SCHOOL STUDENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
G Dallas Frey President | 6 | $0 | |
Gregg Bowers Vice President | 4 | $0 | |
Christopher Kefalos Treasurer | 6 | $0 | |
Gregg Baldwin Treasurer | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,642 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13,702 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,344 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $336 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $899 |
| Other expenses | $3,114 |
| Total expenses | $29,849 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $428,147 |
| Other assets | $0 |
| Total assets | $428,147 |
| Total liabilities | $0 |
| Net assets or fund balances | $428,147 |