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Louis G And Virginia Schaefer Trust is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 2022. The principal officer is Pnc Bank National Association. It holds total assets of $1.2M. Annual income is reported at $331K. 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 2022 to 2023. According to available records, Louis G And Virginia Schaefer Trust has made 9 grants totaling $67K, with a median grant of $8K. Annual giving has decreased from $45K in 2022 to $22K in 2023. Individual grants have ranged from $7K to $8K, with an average award of $7K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Indiana. 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.
Louis G And Virginia Schaefer Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in IN.
Louis G And Virginia Schaefer Trust has distributed a total of $67K across 9 grants. The median grant size is $8K, with an average of $7K. Individual grants have ranged from $7K to $8K.
Louis G And Virginia Schaefer Trust typically selects its grantees rather than accepting unsolicited proposals.
Louis G And Virginia Schaefer Trust is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pnc Bank Na | TRUSTEE | $18K | $0 | $18K |
Total Giving
$41K
Total Assets
$1.2M
Fair Market Value
$1.4M
Net Worth
$1.2M
Grants Paid
$22K
Contributions
N/A
Net Investment Income
$53K
Distribution Amount
$62K
Total Grants
9
Total Giving
$67K
Average Grant
$7K
Median Grant
$8K
Unique Recipients
3
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchGENERAL SUPPORT | Seymour, IN | $7K | 2023 |
| The Schneck Mem Hospital FdnGENERAL SUPPORT | Seymour, IN | $7K | 2023 |
| James Whitcomb Riley Mem AssocGENERAL SUPPORT | Indianapolis, IN | $7K | 2023 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA