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The Elder Foundation is a private trust based in SOMERSET, PA. The foundation received its IRS ruling in 1994. The principal officer is Somerset Trust Company. It holds total assets of $569K. Annual income is reported at $70K. Total assets have grown from $416K in 2011 to $529K in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, The Elder Foundation has made 100 grants totaling $104K, with a median grant of $510. The foundation has distributed between $23K and $29K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $29K distributed across 25 grants. Individual grants have ranged from $250 to $13K, with an average award of $1K. The foundation has supported 30 unique organizations. Grants have been distributed to organizations in Pennsylvania and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$275
Median Grant
$515
Average Grant
$963
Largest Grant
$10K
Based on 24 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.
The Elder Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 100 grants. Its grantmaking reaches organizations primarily in PA, IL.
The Elder Foundation has distributed a total of $104K across 100 grants. The median grant size is $510, with an average of $1K. Individual grants have ranged from $250 to $13K.
The Elder Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Elder Foundation is headquartered in SOMERSET, PA. While based in PA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Somerset Trust Co | TRUSTEE | $4K | $0 | $4K |
| Georgiann Petrilla | TRUSTEE | $0 | $0 | N/A |
Total Giving
$32K
Total Assets
$529K
Fair Market Value
$529K
Net Worth
$529K
Grants Paid
$26K
Contributions
N/A
Net Investment Income
$25K
Distribution Amount
$25K
Total: $354K
Total Grants
100
Total Giving
$104K
Average Grant
$1K
Median Grant
$510
Unique Recipients
30
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boys & Girls ClubPROMOTE ACTIVITIES FOR CHILDREN | Somerset, PA | $365 | 2023 |
| Salvation ArmyPROMOTE SOCIAL SERVICES | Braddock, PA | $260 | 2023 |
| The Rotary FoundationPROMOTE WORLD PEACE | Evanston, IL | $11K | 2023 |
| Presbyterian AssociationPROMOTE THE CARE OF THE AGED | Oakmont, PA | $1K | 2023 |
| River City Brass BandPROMOTE THE ARTS THROUGH MUSIC | Pittsburgh, PA | $1K | 2023 |
| Clarion Historical SocietyPRESERVATION OF HISTORICAL SITES | Clarion, PA | $1K | 2023 |
| Cook Forest SawmillPROMOTE THE ARTS | Cooksburg, PA | $1K | 2023 |
| Pa Elks Home ServicePROMOTE MEDICAL RESEARCH | Somerset, PA | $880 | 2023 |
| Pa Elks Legacy TrustPROMOTE MEDICAL RESEARCH | Somerset, PA | $880 | 2023 |
| Children'S Hospital Help FundPROMOTE HEALTH OF CHILDREN | Pittsburgh, PA | $790 | 2023 |
| Ashbury U Meth ChurchPROMOTE RELIGIOUS PROGRAMS | Corisica, PA | $790 | 2023 |
| Hillcrest United PresPROMOTE RELIGIOUS PROGRAMS | Monroeville, PA | $790 | 2023 |
| Blind & Vision Rehabilition ServicePROMOTE ACTIVITIES FOR THE DISABLED | Pittsburgh, PA | $790 | 2023 |
| WqedPROMOTE EDUCATIONAL AND CULTURAL PRO | Pittsburgh, PA | $700 | 2023 |
| Strattanville Area VfdPROMOTE THE PUBLIC GOOD & SAFETY | Strattanville, PA | $520 | 2023 |
| Ymca Of Greater PittsburghPROMOTE COMMUNITY PROGRAMS | Pittsburgh, PA | $400 | 2023 |
| Next Step CenterPROVIDE HOMELESS TEMPORARY SHELTER | Somerset, PA | $365 | 2023 |
| Easter Seals Johnstown DivisionPROMOTE ACTIVITIES FOR THE DISABLED | Johnstown, PA | $365 | 2023 |
| Junior AchievementPROMOTE DEVLOPMENT IN CHILDREN | Johnstoen, PA | $365 | 2023 |
| Learning LampCHILDREN EDUCATIONAL SUPPORT SERVICE | Johnstown, PA | $365 | 2023 |
| Friends Of Camp SolesPROMOTE ACTIVITIES FOR YOUTH | Rockwood, PA | $365 | 2023 |
| Somerset Cty Blind CenterPROMOTE ACTIVITIES FOR THE DISABLED | Somerset, PA | $365 | 2023 |
| The Emmaus CommunityPROMOTE ACTIVITIES FOR THE DISABLED | Pittsburgh, PA | $365 | 2023 |
| Zip With Us IncSUPPORT FOR CHILD CANCER PATIENTS | Seven Fields, PA | $365 | 2023 |
| Laurel ArtsPROMOTE THE ARTS | Somerset, PA | $365 | 2023 |
| Easter Seal SocietyPROMOTE ACTIVITIES FOR DISABLED CHIL | Pittsburgh, PA | $350 | 2023 |
| Clarion Histroical SocietyPRESERVATION OF HISTORICAL SITES | Clarion, PA | $1K | 2022 |
| Blind & VisionPROMOTE ACTIVITIES FOR THE DISABLED | Homestead, PA | $900 | 2022 |
| Mountain PlayhousePROMOTE THE ARTS | Jennerstown, PA | $430 | 2022 |