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Verla Mcclure Charitable Trust is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 2018. The principal officer is Pnc Bank N A. It holds total assets of $415K. Annual income is reported at $343K. Total assets have decreased from $1.1M in 2019 to $626K 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 2018 to 2023. The foundation primarily funds organizations in Ohio and Indiana. According to available records, Verla Mcclure Charitable Trust has made 20 grants totaling $768K, with a median grant of $12K. Annual giving has grown from $32K in 2020 to $206K in 2023. Grantmaking activity was highest in 2022 with $480K distributed across 8 grants. Individual grants have ranged from $372 to $204K, with an average award of $38K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Ohio and Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$12K
Median Grant
$12K
Average Grant
$60K
Largest Grant
$204K
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.
Verla Mcclure Charitable Trust 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 OH, IN.
Verla Mcclure Charitable Trust has distributed a total of $768K across 20 grants. The median grant size is $12K, with an average of $38K. Individual grants have ranged from $372 to $204K.
Verla Mcclure Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Verla Mcclure Charitable Trust is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pnc Bank Na | TRUSTEE | $12K | $0 | $12K |
Total Giving
$218K
Total Assets
$626K
Fair Market Value
$699K
Net Worth
$626K
Grants Paid
$206K
Contributions
N/A
Net Investment Income
$10K
Distribution Amount
$40K
Total Grants
20
Total Giving
$768K
Average Grant
$38K
Median Grant
$12K
Unique Recipients
4
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ohio Living FoundationGENERAL SUPPORT | Westerville, OH | $184K | 2023 |
| College Crnr United Methodist ChGENERAL SUPPORT | West College, IN | $11K | 2023 |
| Monroe United Methodist ChurchGENERAL SUPPORT | Monroe, OH | $11K | 2023 |
| Sugar Valley United Methodist ChGENERAL SUPPORT | Eaton, OH | $372 | 2023 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA