Alexander P Mccready Trust B

PITTSBURGH, PA EIN: 25-6206186

Alexander P Mccready Trust B is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $541K in total assets. In 2024, it awarded 5 grants totaling $26K. Net investment income was $23K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$541K

-0.9% YoY

Annual Giving

$26K

-3.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$5K

-3.3% YoY

Under IRS private-foundation payout rules, Alexander P Mccready Trust B reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.

About Alexander P Mccready Trust B

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $116K (89%)

District of Columbia $14K (11%)

States

District of Columbia Pennsylvania

Cities

HarrisburgMechanicsburgNew CastlePittsburghWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$540,617	$545,447	$565,437
Revenue	$29,336	$13,716	$2,738
Expenses	$34,113	$34,043	$36,859
Qualifying Distributions	$27,728	$30,519	$32,014
Net Investment Income	$23,016	$10,460	$9,001
Distributable Amount	$30,577	$27,877	$29,051

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Portiuncula Foundation ($8,743), Upmc Jameson ($8,741), Pa Assn for the Blind ($2,914).

Recipient	Purpose	Amount
PORTIUNCULA FOUNDATION PITTSBURGH, PA	GENERAL SUPPORT	$8,743
PA ASSN FOR THE BLIND HARRISBURG, PA	GENERAL SUPPORT	$2,914
UPMC JAMESON NEW CASTLE, PA	GENERAL SUPPORT	$8,741
NEW CASTLE PUBLIC LIBRARY NEW CASTLE, PA	GENERAL SUPPORT	$2,914
AMERICAN RED CROSS WASHINGTON, DC	GENERAL SUPPORT	$2,914

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK	TRUSTEE	2	$7,512

Frequently Asked Questions

How large is Alexander P Mccready Trust B?

As of 2024, Alexander P Mccready Trust B holds $541K in total assets with $29K in annual revenue. It awarded 5 grants totaling $26K in 2024.

Where does Alexander P Mccready Trust B operate?

Alexander P Mccready Trust B has awarded grants in District of Columbia, Pennsylvania.

What size grants does Alexander P Mccready Trust B award?

In 2024, Alexander P Mccready Trust B awarded 5 grants totaling $26K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Alexander P Mccready Trust B required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alexander P Mccready Trust B reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.