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Fountainhead Foundation is a private corporation based in PITTSBURGH, PA. The foundation received its IRS ruling in 1989. It holds total assets of $2.6M. Annual income is reported at $3.2M. Total assets have grown from $555K in 2011 to $2M in 2023. The foundation is governed by 7 officers and trustees. Tax records are available from 2016 to 2023. According to available records, Fountainhead Foundation has made 20 grants totaling $153K, with a median grant of $3K. Annual giving has grown from $4K in 2021 to $138K in 2023. Individual grants have ranged from $500 to $56K, with an average award of $8K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Pennsylvania, New York, California, which account for 45% of all grants. Grantmaking reaches organizations across 9 states. 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.
Fountainhead Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in PA, NY, CA.
Fountainhead Foundation has distributed a total of $153K across 20 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $500 to $56K.
Information is available upon request.
Fountainhead Foundation is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michelle R Bitzer | CO-PRESIDENT | $0 | $0 | N/A |
| Nicholas F Bitzer | CO-TREASURER | $0 | $0 | N/A |
| Kay P Bitzer | PRESIDENT | $0 | $0 | N/A |
| Daniel R Dusch Iii | VICE PRESIDENT | $0 | $0 | N/A |
| John F Bitzer Iii | TREASURER | $0 | $0 | N/A |
| Elizabeth A Bitzer | SECRETARY | $0 | $0 | N/A |
| Susan Marie Forsyth | ASSISTANT SECRETARY | $0 | $0 | N/A |
Total Giving
$139K
Total Assets
$2M
Fair Market Value
$2M
Net Worth
$1.9M
Grants Paid
$138K
Contributions
$1M
Net Investment Income
$41K
Distribution Amount
$54K
Total: $1.8M
Total Grants
20
Total Giving
$153K
Average Grant
$8K
Median Grant
$3K
Unique Recipients
16
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Buffalo Yacht Club Foundation (The Brian T Makarian Scholarship Fund)PUBLIC/SOCIAL | Buffalo, NY | $56K | 2023 |
| Upmc Hillman Cancer CenterHEALTH AGENCIES | Pittsburgh, PA | $33K | 2023 |
| Special Olympics Of PaPUBLIC/SOCIAL | Norristown, PA | $15K | 2023 |
| Institute For JusticePUBLIC/SOCIAL | Arlington, VA | $10K | 2023 |
| Upmc Children'S Hospital FoundationHEALTH AGENCIES | Pittsburgh, PA | $8K | 2023 |
| Lyons Emergency Assistance FundPUBLIC/SOCIAL | Lyons, CO | $5K | 2023 |
| Usc Swim With MikeEDUCATIONAL | Pasadena, CA | $4K | 2023 |
| Camp StarfishPUBLIC/SOCIAL | Rindge, NH | $2K | 2023 |
| Children'S Healthcare Of AtlantaHEALTH AGENCIES | Atlanta, GA | $2K | 2023 |
| Pulmonary Fibrosis FoundationHEALTH AGENCIES | Chicago, IL | $1K | 2023 |
| Fox Chapel Golf Club Scholarship FoundationPUBLIC/SOCIAL | Pittsburgh, PA | $1K | 2023 |
| Cotton Creek Elementary SchoolEDUCATIONAL | Westminster, CO | $1K | 2023 |
| Life Ministries Food PantryPUBLIC/SOCIAL | Wolfeboro, NH | $500 | 2023 |
| Phillips Exeter AcademyEDUCATIONAL | Exeter, NH | $500 | 2023 |
| The Children'S CenterPUBLIC/SOCIAL | Welfeboro, NH | $3K | 2022 |
| Dana Farber Cancer InstituteHEALTH AGENCIES | Needham, MA | $500 | 2022 |