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Wallace P Hough Charitable Trust 057549-1 is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 1991. The principal officer is Pittsburgh National Bk Ttee. It holds total assets of $776K. Annual income is reported at $278K. Total assets have grown from $639K in 2011 to $777K in 2023. The foundation is governed by 1 officer or trustee. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, Wallace P Hough Charitable Trust 057549-1 has made 16 grants totaling $171K, with a median grant of $10K. Annual giving has grown from $41K in 2020 to $90K in 2022. Individual grants have ranged from $1K to $20K, with an average award of $11K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$12K
Average Grant
$11K
Largest Grant
$20K
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.
Wallace P Hough Charitable Trust 057549-1 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in PA.
Wallace P Hough Charitable Trust 057549-1 has distributed a total of $171K across 16 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $1K to $20K.
The application deadline is SEE FOOTNOTE. See footnote.
Wallace P Hough Charitable Trust 057549-1 is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pnc Bank N A | TRUSTEE | $8K | $0 | $8K |
Total Giving
$49K
Total Assets
$777K
Fair Market Value
$854K
Net Worth
$777K
Grants Paid
$39K
Contributions
N/A
Net Investment Income
$13K
Distribution Amount
$40K
Total Grants
16
Total Giving
$171K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
10
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wesley Family ServicesFIELD OF OPPORTUNITIES | Pittsburgh, PA | $20K | 2022 |
| Laughlin Children'S CenterUNCOMPENSATED CARE PROGRAM | Sewickley, PA | $18K | 2022 |
| Boys Scouts Of America LaurelTRAILBLAZER PROGRAM | Pittsburgh, PA | $6K | 2022 |
| Western Pennsylvania School For BlindMOBILE CARTS FOR | Pittsburgh, PA | $1K | 2022 |
| The Woodlands Foundation IncGENERAL OPERATING | Wexford, PA | $15K | 2021 |
| Spina Bifida Assoc Of Western PaGENERAL OPERATING | Mars, PA | $10K | 2021 |
| Best Buddies International IncGENERAL OPERATING | Pittsburgh, PA | $5K | 2021 |
| Mars Home For YouthGENERAL OPERATING | Mars, PA | $10K | 2020 |
| Clelian Heights SchoolGENERAL OPERATING | Greensburg, PA | $10K | 2020 |
| Western Pennsylvania School ForGENERAL SUPPORT | Pittsburgh, PA | $5K | 2020 |