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Cherry Avenue Foundation is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 2021. The principal officer is Clark Hill Plc H Stumpf. It holds total assets of $2.1M. Annual income is reported at $189K. Total assets have decreased from $3M in 2019 to $2.2M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, Cherry Avenue Foundation has made 10 grants totaling $1.1M, with a median grant of $111K. Annual giving has grown from $372K in 2021 to $686K in 2022. Individual grants have ranged from $10K to $216K, with an average award of $106K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$50K
Median Grant
$53K
Average Grant
$93K
Largest Grant
$216K
Based on 4 grants from the most recent 990-PF filing.
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.
Cherry Avenue Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in PA.
Cherry Avenue Foundation has distributed a total of $1.1M across 10 grants. The median grant size is $111K, with an average of $106K. Individual grants have ranged from $10K to $216K.
Cherry Avenue Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cherry Avenue Foundation is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elijah J Mayfield | CHAIRMAN & T | $0 | $0 | N/A |
| Brittany D Mclaughlin | SECRETARY | $0 | $0 | N/A |
Total Giving
$354K
Total Assets
$2.2M
Fair Market Value
$2.3M
Net Worth
$2.2M
Grants Paid
$334K
Contributions
N/A
Net Investment Income
$68K
Distribution Amount
$111K
Total Grants
10
Total Giving
$1.1M
Average Grant
$106K
Median Grant
$111K
Unique Recipients
5
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| 1hood Media Academy IncSUPPORT OPERATIONS | Pittsburgh, PA | $167K | 2022 |
| Abolitionist Law CenterSUPPORT OPERATIONS | Pittsburgh, PA | $166K | 2022 |
| Young Black MotivatedSUPPORT OPERATIONS | Pittsburgh, PA | $10K | 2022 |
| The New Sun RisingSUPPORT OPERATIONS | Millvale, PA | $56K | 2021 |
| Catapult Greater PittsburghSUPPORT OPERATIONS | Pittsburgh, PA | $50K | 2021 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA