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J E Barbey 8 Tenacre Foundation is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 2019. The principal officer is % Pnc Bank N A. It holds total assets of $62.8M. Annual income is reported at $84.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, J E Barbey 8 Tenacre Foundation has made 5 grants totaling $406.3M, with a median grant of $69.2M. Annual giving has decreased from $117.1M in 2020 to $41.7M in 2023. Grantmaking activity was highest in 2022 with $138.4M distributed across 2 grants. Individual grants have ranged from $41.7M to $117.1M, with an average award of $81.3M. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
J E Barbey 8 Tenacre Foundation 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 NJ.
J E Barbey 8 Tenacre Foundation has distributed a total of $406.3M across 5 grants. The median grant size is $69.2M, with an average of $81.3M. Individual grants have ranged from $41.7M to $117.1M.
J E Barbey 8 Tenacre Foundation typically selects its grantees rather than accepting unsolicited proposals.
J E Barbey 8 Tenacre Foundation is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pnc Bank N A | CO-TRUSTEE | $1.4M | $0 | $1.4M |
| Clarence Otis Jr | CO-TRUSTEE | $692K | $0 | $692K |
| Juliana L Chugg | CO-TRUSTEE | $692K | $0 | $692K |
Total Giving
$45.1M
Total Assets
$825K
Fair Market Value
$821.9M
Net Worth
$825K
Grants Paid
$41.7M
Contributions
$0
Net Investment Income
$36.3M
Distribution Amount
$36.1M
Total Grants
5
Total Giving
$406.3M
Average Grant
$81.3M
Median Grant
$69.2M
Unique Recipients
1
Most Common Grant
$69.2M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tenacre FoundationGENERAL | Princeton, NJ | $41.7M | 2023 |
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