Andrew & Mary Hertzel Fund 1

PITTSBURGH, PA EIN: 25-6030651

Andrew & Mary Hertzel Fund 1 is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $57K. Net investment income was $41K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-1.6% YoY

Annual Giving

$57K

-4.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$57K

-4.6% YoY

Under IRS private-foundation payout rules, Andrew & Mary Hertzel Fund 1 reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.

About Andrew & Mary Hertzel Fund 1

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $306K (100%)

States

Pennsylvania

Cities

Warren

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,146,450	$1,165,461	$1,201,604
Revenue	$54,504	$37,530	$30,369
Expenses	$73,479	$74,236	$86,813
Qualifying Distributions	$60,223	$60,571	$69,842
Net Investment Income	$41,454	$22,531	$15,759
Distributable Amount	$63,279	$57,823	$60,616

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Lutheran Church ($57,118).

Recipient	Purpose	Amount
FIRST LUTHERAN CHURCH WARREN, PA	GENERAL SUPPORT	$57,118

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	3	$15,526

Frequently Asked Questions

How large is Andrew & Mary Hertzel Fund 1?

As of 2024, Andrew & Mary Hertzel Fund 1 holds $1.1M in total assets with $55K in annual revenue. It awarded 1 grants totaling $57K in 2024.

Where does Andrew & Mary Hertzel Fund 1 operate?

Andrew & Mary Hertzel Fund 1 has awarded grants in Pennsylvania.

What size grants does Andrew & Mary Hertzel Fund 1 award?

In 2024, Andrew & Mary Hertzel Fund 1 awarded 1 grants totaling $57K — an average of about $57K per grant, based on its IRS Form 990 filings.

How much is Andrew & Mary Hertzel Fund 1 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Andrew & Mary Hertzel Fund 1 reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.