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Arthur F Walters And Selma C Walters Scholarship Fund is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 2004. The principal officer is Pnc Bank N A Tax Dept. It holds total assets of $5.5M. Annual income is reported at $1.2M. Total assets have grown from $4.3M in 2011 to $5.5M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Arthur F Walters And Selma C Walters Scholarship Fund has made 5 grants totaling $1.5M, with a median grant of $306K. Annual giving has grown from $247K in 2020 to $306K in 2023. Grantmaking activity was highest in 2022 with $680K distributed across 2 grants. Individual grants have ranged from $247K to $340K, with an average award of $300K. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Arthur F Walters And Selma C Walters Scholarship Fund primarily funds organizations in the area of education. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in PA.
Arthur F Walters And Selma C Walters Scholarship Fund has distributed a total of $1.5M across 5 grants. The median grant size is $306K, with an average of $300K. Individual grants have ranged from $247K to $340K.
Arthur F Walters And Selma C Walters Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Arthur F Walters And Selma C Walters Scholarship Fund is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pnc Bank Na | TRUSTEE | $63K | $0 | $63K |
Total Giving
$373K
Total Assets
$5.5M
Fair Market Value
$6.8M
Net Worth
$5.5M
Grants Paid
$306K
Contributions
N/A
Net Investment Income
$177K
Distribution Amount
$311K
Total: $1.9M
Total Grants
5
Total Giving
$1.5M
Average Grant
$300K
Median Grant
$306K
Unique Recipients
1
Most Common Grant
$340K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Franklin & Marshall CollegeGENERAL PURPOSE | Lancaster, PA | $306K | 2023 |