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Matthew B Ridgway Mary A Ridgway And Matthew B Ridgway Jr Endowment is a private corporation based in PITTSBURGH, PA. The foundation received its IRS ruling in 1998. The principal officer is % Pnc Bank. It holds total assets of $3.2M. Annual income is reported at $1.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Matthew B Ridgway Mary A Ridgway And Matthew B Ridgway Jr Endowment has made 20 grants totaling $609K, with a median grant of $36K. The foundation has distributed between $142K and $159K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $159K distributed across 5 grants. Individual grants have ranged from $18K to $40K, with an average award of $30K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Pennsylvania and Virginia and North Carolina. Contributions to this foundation are tax-deductible.
Matthew B Ridgway Mary A Ridgway And Matthew B Ridgway Jr Endowment primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in PA, VA, NC.
Matthew B Ridgway Mary A Ridgway And Matthew B Ridgway Jr Endowment has distributed a total of $609K across 20 grants. The median grant size is $36K, with an average of $30K. Individual grants have ranged from $18K to $40K.
Matthew B Ridgway Mary A Ridgway And Matthew B Ridgway Jr Endowment typically selects its grantees rather than accepting unsolicited proposals.
Matthew B Ridgway Mary A Ridgway And Matthew B Ridgway Jr Endowment is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert G Lovett Esq | DIRECTOR/PRESIDENT | $4K | $0 | $4K |
| Mary E Mcfadden | DIRECTOR/VICE-PRESIDENT | $4K | $0 | $4K |
Total Giving
$198K
Total Assets
$3.2M
Fair Market Value
$3.8M
Net Worth
$3.2M
Grants Paid
$159K
Contributions
$0
Net Investment Income
$221K
Distribution Amount
$171K
Total: $156K
Total Grants
20
Total Giving
$609K
Average Grant
$30K
Median Grant
$36K
Unique Recipients
5
Most Common Grant
$40K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bucknell UniversityGENERAL SUPPORT | Lewisburg, PA | $40K | 2023 |
| Pitt-Matthew B Ridgeway CtrGENERAL SUPPORT | Pittsburgh, PA | $40K | 2023 |
| George C Marshall FoundationGENERAL SUPPORT | Lexington, VA | $40K | 2023 |
| Ridgway Endowment FundGENERAL SUPPORT | Carlisle, PA | $20K | 2023 |
| 82nd Airborne Div Hist SocGENERAL SUPPORT | Ft Bragg, NC | $20K | 2023 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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