Alice Kolb Tax Exempt Char Tr

PITTSBURGH, PA EIN: 83-6151744

Alice Kolb Tax Exempt Char Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 10 grants totaling $107K. Net investment income was $296K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

+8.8% YoY

Annual Giving

$107K

-5.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$11K

-5.8% YoY

Under IRS private-foundation payout rules, Alice Kolb Tax Exempt Char Tr reported a distributable amount of $120K for 2024 — the minimum it must pay out in qualifying distributions.

About Alice Kolb Tax Exempt Char Tr

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Alice Kolb Tax Exempt Char Tr?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $459K (90%)

Nebraska $51K (10%)

States

Maryland Nebraska

Cities

Boys TownFrederickFredrick

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,244,745	$2,062,652	$2,173,250
Revenue	$322,278	$30,339	$100,919
Expenses	$137,886	$142,497	$162,988
Qualifying Distributions	$112,254	$118,454	$130,945
Net Investment Income	$296,083	$43,462	$75,826
Distributable Amount	$120,243	$112,649	$118,749

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

50 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include All Saints Episcopal Church ($21,166), Father Flanagan's Boy's Home ($10,583), United Steam Fire Engine Co ($10,583).

Recipient	Purpose	Amount
FATHER FLANAGAN'S BOY'S HOME BOYS TOWN, NE	GENERAL SUPPORT	$10,583
UNITED STEAM FIRE ENGINE CO FREDERICK, MD	GENERAL SUPPORT	$10,583
HOME FOR THE AGED FREDERICK, MD	GENERAL SUPPORT	$10,583
C BURR ARTZ TRUST FREDERICK, MD	GENERAL SUPPORT	$10,583
FREDERICK HEALTH HOSPITAL INC FREDERICK, MD	GENERAL SUPPORT	$800
UNITED WAY-FREDERICK CO INC FREDERICK, MD	GENERAL SUPPORT	$10,583
EVANGELICAL REF UN CH-CHRIST FREDERICK, MD	GENERAL SUPPORT	$10,583
ALL SAINTS EPISCOPAL CHURCH FREDERICK, MD	GENERAL SUPPORT	$21,166
FREDERICK WOMAN'S CIVIC CLUB FREDRICK, MD	GENERAL SUPPORT	$10,583
HISTORICAL SOCIETY OF FREDERICK, MD	GENERAL SUPPORT	$10,583

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK N A	TRUSTEE	6	$28,122

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Alice Kolb Tax Exempt Char Tr?

Alice Kolb Tax Exempt Char Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $2.2M in total assets as of 2024.

How large is Alice Kolb Tax Exempt Char Tr?

As of 2024, Alice Kolb Tax Exempt Char Tr holds $2.2M in total assets with $322K in annual revenue. It awarded 10 grants totaling $107K in 2024.

Where does Alice Kolb Tax Exempt Char Tr operate?

Alice Kolb Tax Exempt Char Tr has awarded grants in Maryland, Nebraska.

What size grants does Alice Kolb Tax Exempt Char Tr award?

In 2024, Alice Kolb Tax Exempt Char Tr awarded 10 grants totaling $107K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Alice Kolb Tax Exempt Char Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Alice Kolb Tax Exempt Char Tr reported a distributable amount of $120K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.