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Lorimer Fund Mellon Trust Bank Trustee is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 1966. The principal officer is % Mellon Bank. It holds total assets of $1.6M. Annual income is reported at $1.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Lorimer Fund Mellon Trust Bank Trustee has made 15 grants totaling $391K, with a median grant of $17K. Annual giving has grown from $61K in 2020 to $90K in 2023. Grantmaking activity was highest in 2022 with $174K distributed across 6 grants. Individual grants have ranged from $6K to $63K, with an average award of $26K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Lorimer Fund Mellon Trust Bank Trustee primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in PA.
Lorimer Fund Mellon Trust Bank Trustee has distributed a total of $391K across 15 grants. The median grant size is $17K, with an average of $26K. Individual grants have ranged from $6K to $63K.
Lorimer Fund Mellon Trust Bank Trustee typically selects its grantees rather than accepting unsolicited proposals.
Lorimer Fund Mellon Trust Bank Trustee is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bny Mellon N A | TRUSTEE | $25K | $0 | $25K |
Total Giving
$117K
Total Assets
$1.4M
Fair Market Value
$1.7M
Net Worth
$1.4M
Grants Paid
$90K
Contributions
$0
Net Investment Income
$183K
Distribution Amount
$85K
Total Grants
15
Total Giving
$391K
Average Grant
$26K
Median Grant
$17K
Unique Recipients
3
Most Common Grant
$9K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Phila FoundationGENERAL OPERATING | Philadelphia, PA | $63K | 2023 |
| University Of Pennsylvania TrusteesGENERAL OPERATING | Philadelphia, PA | $18K | 2023 |
| Philadelphia Museum Of ArtGENERAL OPERATING | Philadelphia, PA | $9K | 2023 |
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