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Ernest Schwartz Scholarship Irrevocable Trust is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 2015. The principal officer is Pnc Bank Advisors. It holds total assets of $318K. Annual income is reported at $88K. Total assets have decreased from $406K in 2014 to $321K in 2023. The foundation is governed by 1 officer or trustee. 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 2017 to 2023. According to available records, Ernest Schwartz Scholarship Irrevocable Trust has made 5 grants totaling $89K, with a median grant of $17K. The foundation has distributed between $17K and $38K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $38K distributed across 2 grants. Individual grants have ranged from $17K to $19K, with an average award of $18K. 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.
Ernest Schwartz Scholarship Irrevocable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in PA.
Ernest Schwartz Scholarship Irrevocable Trust has distributed a total of $89K across 5 grants. The median grant size is $17K, with an average of $18K. Individual grants have ranged from $17K to $19K.
Ernest Schwartz Scholarship Irrevocable Trust typically selects its grantees rather than accepting unsolicited proposals.
Ernest Schwartz Scholarship Irrevocable Trust is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pnc Bank N A | TRUSTEE | $5K | $0 | $5K |
Total Giving
$22K
Total Assets
$321K
Fair Market Value
$360K
Net Worth
$321K
Grants Paid
$17K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$17K
Total Grants
5
Total Giving
$89K
Average Grant
$18K
Median Grant
$17K
Unique Recipients
1
Most Common Grant
$17K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gettysburg CollegeGENERAL SUPPORT | Gettysburg, PA | $17K | 2023 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA