Andrew & Mary Hertzel Fund 2

PITTSBURGH, PA EIN: 25-6020279

Andrew & Mary Hertzel Fund 2 is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $208K in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $7K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$208K

-1.7% YoY

Annual Giving

$10K

-4.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$10K

-4.7% YoY

Under IRS private-foundation payout rules, Andrew & Mary Hertzel Fund 2 reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.

About Andrew & Mary Hertzel Fund 2

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $54K (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	$208,321	$211,943	$218,571
Revenue	$9,748	$6,815	$4,845
Expenses	$13,381	$13,535	$15,816
Qualifying Distributions	$10,967	$11,047	$12,718
Net Investment Income	$7,377	$4,061	$2,185
Distributable Amount	$11,500	$10,531	$11,056

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 ($10,403).

Recipient	Purpose	Amount
FIRST LUTHERAN CHURCH WARREN, PA	GENERAL SUPPORT	$10,403

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK NA	TRUSTEE	1	$2,821

Frequently Asked Questions

How large is Andrew & Mary Hertzel Fund 2?

As of 2024, Andrew & Mary Hertzel Fund 2 holds $208K in total assets with $10K in annual revenue. It awarded 1 grants totaling $10K in 2024.

Where does Andrew & Mary Hertzel Fund 2 operate?

Andrew & Mary Hertzel Fund 2 has awarded grants in Pennsylvania.

What size grants does Andrew & Mary Hertzel Fund 2 award?

In 2024, Andrew & Mary Hertzel Fund 2 awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Andrew & Mary Hertzel Fund 2 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Andrew & Mary Hertzel Fund 2 reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.