Albert F Schenck No 8

Foundation · Grantmaker PITTSBURGH, PA EIN: 23-6201895

Albert F Schenck No 8 is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 1 grants totaling $102K. Net investment income was $78K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

-1.5% YoY

Annual Giving

$102K

-4.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$102K

-4.9% YoY

Under IRS private-foundation payout rules, Albert F Schenck No 8 reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.

About Albert F Schenck No 8

Based on IRS filings

Albert F Schenck No 8 is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 1 grants totaling $102K. Net investment income was $78K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Philadelphia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$189K$378K$567K$757K20202021202220232024
Metric202420232022
Total Assets$2,040,043$2,070,136$2,202,246
Revenue$104,418$3,534$-82,794
Expenses$134,341$136,770$164,755
Qualifying Distributions$108,150$108,549$119,160
Net Investment Income$78,249$22,999$17,879
Distributable Amount$112,894$103,350$108,586

Giving Over Time

Total grant dollars and number of grants per year

$0$29K$59K$88K$118K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

GERMANTOWN HOME$102K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Germantown Home ($101,889).

RecipientPurposeAmount
GERMANTOWN HOME PHILADELPHIA, PAGENERAL SUPPORT$101,889

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PNC BANK NATRUSTEE$31K

From 2024 filing

NameTitleHoursCompensation
PNC BANK NATRUSTEE7$31,305

Frequently Asked Questions

How large is Albert F Schenck No 8?

As of 2024, Albert F Schenck No 8 holds $2.0M in total assets with $104K in annual revenue. It awarded 1 grants totaling $102K in 2024.

Where does Albert F Schenck No 8 operate?

Albert F Schenck No 8 has awarded grants in Pennsylvania.

What size grants does Albert F Schenck No 8 award?

In 2024, Albert F Schenck No 8 awarded 1 grants totaling $102K — an average of about $102K per grant, based on its IRS Form 990 filings.

How much is Albert F Schenck No 8 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Albert F Schenck No 8 reported a distributable amount of $113K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Albert F Schenck No 8's EIN?

Albert F Schenck No 8's EIN (Employer Identification Number) is 23-6201895. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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