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The William H Pitt Iii Foundation Inc. is a private corporation based in WEST PALM BCH, FL. The foundation received its IRS ruling in 1986. The principal officer is Jones Foster. It holds total assets of $49M. Annual income is reported at $28.6M. Total assets have decreased from $61.4M in 2010 to $49M in 2022. The foundation is governed by 5 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. The foundation primarily funds organizations in Florida and Connecticut. According to available records, The William H Pitt Iii Foundation Inc. has made 164 grants totaling $8.2M, with a median grant of $20K. Annual giving has grown from $2.1M in 2020 to $3.8M in 2022. Individual grants have ranged from $1K to $350K, with an average award of $50K. The foundation has supported 73 unique organizations. The foundation primarily supports organizations in Florida, Connecticut, New York, which account for 80% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$42K
Largest Grant
$350K
Based on 50 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 William H Pitt Iii Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 164 grants. Its grantmaking reaches organizations primarily in FL, CT, NY.
The William H Pitt Iii Foundation Inc. has distributed a total of $8.2M across 164 grants. The median grant size is $20K, with an average of $50K. Individual grants have ranged from $1K to $350K.
The William H Pitt Iii Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The William H Pitt Iii Foundation Inc. is headquartered in WEST PALM BCH, FL. While based in FL, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pauline B Pitt | PRESIDENT | $319K | $0 | $319K |
| Larry Alexander | SECRETARY | $91K | $0 | $91K |
| Charles Mallory | DIRECTOR | $14K | $0 | $14K |
| Kate Gubelmann | DIRECTOR | $14K | $0 | $14K |
| Dr Samantha Boardman | DIRECTOR | $14K | $0 | $14K |
Total Giving
$3.9M
Total Assets
$49M
Fair Market Value
$60M
Net Worth
$48.8M
Grants Paid
$2.7M
Contributions
N/A
Net Investment Income
$5.7M
Distribution Amount
$2.8M
Total: $26.7M
Total Grants
164
Total Giving
$8.2M
Average Grant
$50K
Median Grant
$20K
Unique Recipients
73
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ymca Of The Palm BeachesGENERAL | West Palm Beach, FL | $300K | 2022 |
| Preservation Foundation Of Palm BeachGENERAL | Palm Beach, FL | $275K | 2022 |
| Peggy Adams Animal Rescue LeagueGENERAL | West Palm Beach, FL | $231K | 2022 |
| Achievement FirstGENERAL | New Haven, CT | $225K | 2022 |
| Sacred Heart UniversityGENERAL | Fairfield, CT | $100K | 2022 |
| Boys & Girls Club Of Palm Beach CountyGENERAL | West Palm Beach, FL | $100K | 2022 |
| Glades Academy Foundation IncGENERAL | West Palm Beach, FL | $75K | 2022 |
| Belen Jesuit Preparatory SchoolGENERAL | Miami, FL | $60K | 2022 |
| New Britain Museum Of American ArtGENERAL | New Britain, CT | $50K | 2022 |
| William Pitt Child Development CenterGENERAL | Stamford, CT | $50K | 2022 |
| Central Park ConservancyGENERAL | New York, NY | $50K | 2022 |
| Center For Creative EducationGENERAL | West Palm Beach, FL | $50K | 2022 |
| New Hope Charities IncGENERAL | West Palm Beach, FL | $30K | 2022 |
| Ethel Walker SchoolGENERAL | Simsbury, CT | $30K | 2022 |
| Boys & Girls Club Of StamfordGENERAL | Stamford, CT | $30K | 2022 |
| Palm Beach ZooGENERAL | West Palm Beach, FL | $25K | 2022 |
| Shelburne MuseumGENERAL | Shelburne, VT | $25K | 2022 |
| Piston FoundationGENERAL | Greenwich, CT | $25K | 2022 |
| Mainspring Narrative FilmsGENERAL | Litchfield, CT | $25K | 2022 |
| St Ann PlaceGENERAL | West Palm Beach, FL | $20K | 2022 |
| South Florida PbsGENERAL | Boynton Beach, FL | $20K | 2022 |
| Animal Medical CenterGENERAL | New York, NY | $12K | 2022 |
| Mystic Seaport MuseumGENERAL | Mystic, CT | $10K | 2022 |
| Cox Science Center And AquariumGENERAL | West Palm Beach, FL | $10K | 2022 |
| South Florida Science Center And AquariumGENERAL | West Palm Beach, FL | $10K | 2022 |
| Bath And Tennis Club Historic Building Foundation IncGENERAL | Palm Beach, FL | $10K | 2022 |
| Alsacst Jude Children'S Research HospitalGENERAL | Doral, FL | $10K | 2022 |