Overview

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Est.

1950

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Latrobe Foundation Inc, operating exclusively for charitable, educational, literary, and recreational purposes, aims to enhance the welfare of the people in Latrobe, PA, and its vicinity. With an operating budget of $425.4K and total revenue of $643.6K for the 2024 filing year, the organization focuses on community improvement and communication media. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.

Mission Statement

THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF SUCH CHARITABLE, EDUCATIONAL, LITERARY AND RECREATIONAL PURPOSES TO ENHANCE THE WELFARE OF THE PEOPLE OF THE CITY OF LATROBE, PA. AND VICINITY.
Revenues
$643.6K
Expenses
$425.4K
Net Income:
+$218.3K
Assets
$3.7M
Liabilities
$0
Net Assets:
+$3.7M
Operating Budget
$425.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$12.5K
Largest grant received
$200K
J
Jarod L Trunzo
Board Member
M
Michael D Ferguson
Board Member
C
Craig M Schevchik
Board Member

Frequently Asked Questions

What is THE LATROBE FOUNDATION INC’s budget?
In 2024, THE LATROBE FOUNDATION INC reported an annual operating budget of around $425 thousand. More detailed financial information is available to registered users.
What causes does THE LATROBE FOUNDATION INC support?
THE LATROBE FOUNDATION INC supports work in Community improvement, Communication media, and Foundations.
Where does THE LATROBE FOUNDATION INC operate?
THE LATROBE FOUNDATION INC is headquartered in Latrobe, PA.
Who funded THE LATROBE FOUNDATION INC recently?
In 2024, THE LATROBE FOUNDATION INC received grants from RICHARD KING MELLON FOUNDATION, Lester & Karen Sutton Family Foundation, and Lester & Karen Sutton Family Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant THE LATROBE FOUNDATION INC received in 2024?
The largest grant to THE LATROBE FOUNDATION INC in 2024 exceeds $200 thousand.