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Acorn Foundation Inc. is a private corporation based in PITTSBURGH, PA. The foundation received its IRS ruling in 1992. The principal officer is % Grace Culbertson Cottage. It holds total assets of $31.9M. Annual income is reported at $11.1M. According to available records, Acorn Foundation Inc. has made 4 grants totaling $7.1M, with a median grant of $1.6M. Annual giving has grown from $1.9M in 2021 to $2.6M in 2023. Grantmaking activity was highest in 2022 with $2.6M distributed across 2 grants. Individual grants have ranged from $1.3M to $2.6M, with an average award of $1.8M. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Acorn Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in PA.
Acorn Foundation Inc. has distributed a total of $7.1M across 4 grants. The median grant size is $1.6M, with an average of $1.8M. Individual grants have ranged from $1.3M to $2.6M.
Acorn Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Acorn Foundation Inc. is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marian Burke | PRESIDENT | $0 | $0 | $0 |
| Kirby Culbertson | SECRETARY | $0 | $0 | $0 |
| Katherine C Prentice | VICE PRESIDENT | $0 | $0 | $0 |
Total Giving
$2.9M
Total Assets
$31.8M
Fair Market Value
$35.6M
Net Worth
$31.8M
Grants Paid
$2.6M
Contributions
$0
Net Investment Income
$3.1M
Distribution Amount
$1.7M
Total: $0
Total Grants
4
Total Giving
$7.1M
Average Grant
$1.8M
Median Grant
$1.6M
Unique Recipients
1
Most Common Grant
$1.3M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached StatementGENERAL OPERATING | Pittsburgh, PA | $2.6M | 2023 |
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