Alice Kolb Tax Exempt Charitable Tr
- Assets
- $2.1m
- Revenue
- $30.3k
- Investments
- $2.0m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 10/2018
- Data as of
- 12/2023
- EIN
- 83-6151744
Organization Overview
Alice Kolb Tax Exempt Charitable Tr is located in Pittsburgh, PA. The organization was established in 2018. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Alice Kolb Tax Exempt Charitable Tr 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, Alice Kolb Tax Exempt Charitable Tr generated $30.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (20.8%) each year. All expenses for the organization totaled $142.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alice Kolb Tax Exempt Charitable Tr has awarded 40 individual grants totaling $403,409. 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 | $68,753 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$40,691 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,277 |
| Total Revenue | $30,339 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,073 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,787 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,398 |
| Total operating and administrative expenses | $29,258 |
| Contributions, gifts, grants paid | $113,239 |
| Total expenses and disbursements | $142,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $69,374 |
| 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 | $1,618,013 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,062,652 |
| 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, Alice Kolb Tax Exempt Charitable Tr has awarded $113,239 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
FATHER FLANAGAN'S BOY'S HOME PURPOSE: GENERAL SUPPORT | $11,244 |
UNITED STEAM FIRE ENGINE CO PURPOSE: GENERAL SUPPORT | $11,244 |
HOME FOR THE AGED PURPOSE: GENERAL SUPPORT | $11,244 |
C BURR ARTZ TRUST PURPOSE: GENERAL SUPPORT | $11,244 |
FREDERICK HEALTH HOSPITAL INC PURPOSE: GENERAL SUPPORT | $800 |
UNITED WAY-FREDERICK CO INC PURPOSE: GENERAL SUPPORT | $11,244 |