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Also known as: C/O HENRY P HOFFSTOT III
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Walden Trust is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 1963. The principal officer is Henry P Hoffstot Iii. It holds total assets of $855K. Annual income is reported at $576K. Total assets have grown from $135K in 2011 to $519K in 2023. The foundation is governed by 4 officers and trustees. The foundation makes various grants,see attachment to part xv, and all expenses relate to the grant making process. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Pennsylvania, Massachusetts and Florida. According to available records, Walden Trust has made 118 grants totaling $221K, with a median grant of $1K. Annual giving has grown from $42K in 2020 to $67K in 2023. Individual grants have ranged from $100 to $10K, with an average award of $2K. The foundation has supported 40 unique organizations. The foundation primarily supports organizations in Pennsylvania, Florida, Massachusetts, which account for 80% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$2K
Largest Grant
$5K
Based on 22 grants from the most recent 990-PF filing.
The foundation makes various grants,see attachment to part xv, and all expenses relate to the grant making process
The foundation makes various grants,see attachment to part xv, and all expenses relate to the grant making process. Based on available records, the foundation has funded 118 grants. Its grantmaking reaches organizations primarily in PA, FL, MA.
Walden Trust has distributed a total of $221K across 118 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $100 to $10K.
Walden Trust typically selects its grantees rather than accepting unsolicited proposals.
Walden Trust is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Maeve U Hoffstot | TRUSTEE | $0 | $0 | N/A |
| Daryln B Hoffstot | TRUSTEE | $0 | $0 | N/A |
| H Phipps Hoffstot Iii | TRUSTEE | $0 | $0 | N/A |
| Henry F Hoffstot | TRUSTEE | $0 | $0 | N/A |
Total Giving
$70K
Total Assets
$519K
Fair Market Value
$1.8M
Net Worth
$519K
Grants Paid
$67K
Contributions
$130K
Net Investment Income
$419K
Distribution Amount
$72K
Total: $518K
Total Grants
118
Total Giving
$221K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
40
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Palm Beach Rowing AssociationBOATHOUSE RENOVATION AND ADDITION | Stuart, FL | $10K | 2023 |
| Western Pennsylvania ConservancyFALLINGWAER | Pittsburgh, PA | $8K | 2023 |
| Everglades FoundationUNRESTRICTED | Palmetto, FL | $5K | 2023 |
| Groton SchoolUNRESTRICTED | Groton, MA | $4K | 2023 |
| Allegheny CemeteryENDOWMENT | Pittsburgh, PA | $3K | 2023 |
| Georgetown UniversityMEN'S HEAVYWEIGHT CREW PROGRAM | Washington, DC | $3K | 2023 |
| Band Of Brothers Shakespeare Company2023 PRODUCTION OF SHAKESPEARE PLAY | Johnstown, PA | $3K | 2023 |
| Conemaugh Valley ConservancyUNRESTRICTED | Johnstown, PA | $3K | 2023 |
| Harvard College FundSTUDENT FINANCIAL AID | Cambridge, MA | $3K | 2023 |
| Hopital Albert Schweitzer HaitiUNRESTRICTED | Pittsburgh, PA | $3K | 2023 |
| Preservation PittsburghUNRESTRICTED | Pittsburgh, PA | $3K | 2023 |
| New Waterford Cemetery AssnUNRESTRICTED | New Waterford, OH | $2K | 2023 |
| Shadyside Presbyterian ChurchMUSIC SUPPORT | Pittsburgh, PA | $2K | 2023 |
| Us Institute For Christ Church CemeteryREAL PROPERTY RESTORATION OF ST. THOMAS CHURCH IN MOYARD | Salem, OR | $2K | 2023 |
| University Of Pittsburgh At GreensburgFRANK CASSELL SCHOLARSHIP | Greensburg, PA | $2K | 2023 |
| Epiphany SchoolUNRESTRICTED | Dorchester, MA | $1K | 2023 |
| Bath & Tennis Historic Building Preservation Foundation IncUNRESTRICTED | Palm Beach, FL | $1K | 2023 |
| Valpo SurfUNRESTRICTED | Thomaston, ME | $1K | 2023 |
| President & Fellows Of Harvard CollegeGERADUATE SCHOOL OF EDUCATION | Boston, MA | $1K | 2023 |
| Southern Tier Alternative Therapies IncUNRESTRICTED | Ligonier, PA | $1K | 2023 |
| The Garden ConservancyUNRESTRICTED | Garrison, NY | $1K | 2023 |
| Thoreau SocietyTHOREAU PRIZE | Concord, MA | $1K | 2023 |
| Two East Sixty-Second Street FoundationUNRESTRICTED | New York, NY | $1K | 2023 |
| Greater Pittsburgh Literacy CouncilTRAINING PROGRAMS AND COMMUNITY SERVICES | Pittsburgh, PA | $1K | 2023 |
| WqedRADIO BROADCASTING SUPPORT | Pittsburgh, PA | $1K | 2023 |
| Cambridge (University) In AmericaCAMBRIDGE UNIVERSITY BOAT CLUB | New York, NY | $1K | 2023 |
| Society Of The Four ArtsUNRESTRICTED | Palm Beach, FL | $1K | 2023 |
| Memorial Church - Harvard UniversityUNRESTRICTED | Cambridge, MA | $500 | 2023 |
| Preservation Foundation Of Palm BeachUNRESTRICTED | Palm Beach, FL | $500 | 2023 |
| Sisters Of Charity Seton HillUNRESTRICTED | Greensburg, PA | $500 | 2023 |
| Pittsburgh History & Landmarks FoundationHISTORIC RELIGIOUS PROPERTIES PROGRAM | Pittsburgh, PA | $500 | 2023 |
| Balmoral School Of PipingUNRESTRICTED | Pittsburgh, PA | $300 | 2023 |
| Madison Avenue Presbyterian ChurchUNRESTRICTED | New York, NY | $250 | 2023 |
| Phipps Conservatory & Botanical GardensPERMANENT ENDOWMENT | Pittsburgh, PA | $100 | 2023 |
| Steel City SquashUNRESTRICTED | Pittsburgh, PA | $5K | 2022 |
| Friends Of Ligonier BeachREDEVELOPEMENT OF LIGONIER BEACH | Ligonier, PA | $2K | 2022 |