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Otto & Gertrude K Pollak Scholarship Foundation is a private trust based in GLADWYNE, PA. The foundation received its IRS ruling in 2000. The principal officer is John D Iskrant. It holds total assets of $2.4M. Annual income is reported at $609K. Total assets have decreased from $3.1M in 2011 to $2.1M in 2023. 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 2021 to 2024. Grantmaking is concentrated in Pennsylvania. According to available records, Otto & Gertrude K Pollak Scholarship Foundation has made 16 grants totaling $1.2M, with a median grant of $80K. Annual giving has grown from $250K in 2021 to $640K in 2023. Individual grants have ranged from $63K to $80K, with an average award of $76K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$63K
Median Grant
$63K
Average Grant
$63K
Largest Grant
$63K
Based on 4 grants from the most recent 990-PF filing.
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.
Otto & Gertrude K Pollak Scholarship Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in PA.
Otto & Gertrude K Pollak Scholarship Foundation has distributed a total of $1.2M across 16 grants. The median grant size is $80K, with an average of $76K. Individual grants have ranged from $63K to $80K.
Otto & Gertrude K Pollak Scholarship Foundation typically selects its grantees rather than accepting unsolicited proposals.
Otto & Gertrude K Pollak Scholarship Foundation is headquartered in GLADWYNE, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John D Iskrant Esq | Trustee | $200K | $0 | $200K |
Total Giving
$483K
Total Assets
$2.1M
Fair Market Value
$7.3M
Net Worth
$2.1M
Grants Paid
$320K
Contributions
N/A
Net Investment Income
$432K
Distribution Amount
$322K
Total Grants
16
Total Giving
$1.2M
Average Grant
$76K
Median Grant
$80K
Unique Recipients
4
Most Common Grant
$80K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bryn Mawr College Sociology DeptSummer Internships | Bryn Mawr, PA | $80K | 2023 |
| Univ Of PennsylvaniaSchool of Social Policy & Practice Masters Schols | Philadelphia, PA | $80K | 2023 |
| Univ Of Pennsylvania Sociology DeptGraduate Summer Research Fellowships | Philadelphia, PA | $80K | 2023 |
| Bryn Mawr CollegeGraduate School of Social Work Scholarships | Bryn Mawr, PA | $80K | 2023 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA