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W A Hanger Charitable Trust is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 1988. The principal officer is Pnc Bank Na. It holds total assets of $17.9M. Annual income is reported at $3.2M. Total assets have grown from $11.7M in 2011 to $17.5M in 2022. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. According to available records, W A Hanger Charitable Trust has made 10 grants totaling $4.1M, with a median grant of $418K. Annual giving has grown from $744K in 2020 to $937K in 2023. Grantmaking activity was highest in 2022 with $1.7M distributed across 4 grants. Individual grants have ranged from $372K to $469K, with an average award of $415K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in New York and District of Columbia. Contributions to this foundation are tax-deductible.
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.
W A Hanger Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in NY, DC.
W A Hanger Charitable Trust has distributed a total of $4.1M across 10 grants. The median grant size is $418K, with an average of $415K. Individual grants have ranged from $372K to $469K.
W A Hanger Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
W A Hanger 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 | TRUSTEE | $52K | $0 | $52K |
| Joseph W Ritzel | CO-TRUSTEE | $39K | $0 | $39K |
| William R Hamm Esq | CO-TRUSTEE | $39K | $0 | $39K |
Total Giving
$1.1M
Total Assets
$17.5M
Fair Market Value
$20M
Net Worth
$17.5M
Grants Paid
$937K
Contributions
N/A
Net Investment Income
$1.1M
Distribution Amount
$1M
Total: $4.5M
Total Grants
10
Total Giving
$4.1M
Average Grant
$415K
Median Grant
$418K
Unique Recipients
2
Most Common Grant
$418K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Salvation ArmyGENERAL USE AND PURPOSES | West Nyack, NY | $469K | 2023 |
| American Red CrossGENERAL USE AND PURPOSES | Washington, DC | $469K | 2023 |