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Psea Scholarship Trust is a private corporation based in PITTSBURGH, PA. The foundation received its IRS ruling in 2015. The principal officer is Mellon Bank N A. It holds total assets of $479K. Annual income is reported at $74K. Total assets have grown from $310K in 2010 to $459K in 2022. The foundation is governed by 5 officers and trustees. The foundation operates in the area of education. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, Psea Scholarship Trust has made 41 grants totaling $77K, with a median grant of $2K. Annual giving has grown from $22K in 2021 to $28K in 2023. Individual grants have ranged from $1K to $3K, with an average award of $2K. The foundation has supported 24 unique organizations. Grants have been distributed to organizations in Pennsylvania and Ohio and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$2K
Largest Grant
$3K
Based on 14 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.
Psea Scholarship Trust primarily funds organizations in the area of education. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in PA, OH, MA.
Psea Scholarship Trust has distributed a total of $77K across 41 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $1K to $3K.
The application deadline is SEE ATTACHED SCHOLARSHIP APPLICATIONS. See attached scholarship applications.
Psea Scholarship Trust is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Askey | TRUSTEE | $0 | $0 | N/A |
| Aaron Chapin | TRUSTEE | $0 | $0 | N/A |
| Christopher Clayton | TRUSTEE | $0 | $0 | N/A |
| James Vaughan | TRUSTEE | $0 | $0 | N/A |
| Sabreena Shaller | TRUSTEE | $0 | $0 | N/A |
Total Giving
$35K
Total Assets
$459K
Fair Market Value
$593K
Net Worth
$459K
Grants Paid
$28K
Contributions
$29K
Net Investment Income
$8K
Distribution Amount
$28K
Total Grants
41
Total Giving
$77K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
24
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kutztown UniversityEDUCATIONAL | Kutztown, PA | $3K | 2023 |
| Marywood UniversityEDUCATIONAL | Dunmore, PA | $3K | 2023 |
| The Pennsylvania State UniversityEDUCATIONAL | University Park, PA | $3K | 2023 |
| University Of Pittsburgh At GreensburgEDUCATIONAL | Greensburg, PA | $3K | 2023 |
| Indiana University Of PennsylvaniaEDUCATIONAL | Indiana, PA | $3K | 2023 |
| Slippery Rock UniversityEDUCATIONAL | Hermitage, PA | $2K | 2023 |
| Millersville UniversityEDUCATIONAL | Millersville, PA | $2K | 2023 |
| Chatham UniversityEDUCATIONAL | Pittsburgh, PA | $2K | 2023 |
| Shippensburg UniversityEDUCATIONAL | Shippensburg, PA | $1K | 2023 |
| California University Of PaEDUCATIONAL | California, PA | $3K | 2022 |
| Carlow UniversityEDUCATIONAL | Pittsburgh, PA | $3K | 2022 |
| Kent State UniversityEDUCATIONAL | Kent, OH | $2K | 2022 |
| Harvard CollegeEDUCATIONAL | Cambridge, MA | $2K | 2022 |
| Grove City CollegeEDUCATIONAL | Grove City, PA | $1K | 2022 |
| Indiana University Of PaEDUCATIONAL | Indiana, PA | $1K | 2022 |
| Montgomery County Community CollegeEDUCATIONAL | Blue Bell, PA | $1K | 2022 |
| Messiah UniversityEDUCATIONAL | Mechanicsburg, PA | $1K | 2022 |
| University Of PittsburghEDUCATIONAL | Greensburg, PA | $3K | 2021 |
| MillersvilleEDUCATIONAL | Millersville, PA | $3K | 2021 |
| Gannon UniversityEDUCATIONAL | Erie, PA | $2K | 2021 |
| College Of WoosterEDUCATIONAL | Wooster, OH | $2K | 2021 |
| Westmoreland County Community CollegeEDUCATIONAL | Youngwood, PA | $1K | 2021 |
| Bloomsburg UniversityEDUCATIONAL | Bloomsburg, PA | $1K | 2021 |
| Duquesne UniversityEDUCATIONAL | Pittsburgh, PA | $1K | 2021 |