Beatrice L Compton Memorial Trust Fund

Private foundation · Grantmaker Palmetto, FL EIN: 25-1676211

Beatrice L Compton Memorial Trust Fund is a private foundation focused on Education, based in Palmetto, FL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $17K. Net investment income was $279.

Beatrice L Compton Memorial Trust Fund at a glance

In short: Beatrice L Compton Memorial Trust Fund gave $17K across 2 grants in 2023 (avg $8K), mostly in Pennsylvania. Source: 2023 IRS Form 990-PF.

Annual giving (2023)
$16,830
-97.2% vs 2022
Grants made (2023)
2
+0.0% vs 2022
Average grant
$8,415
-97.2% vs 2022
Median grant
$8,415
Primary geography
Pennsylvania (100% of itemized 2023 grant dollars)
Latest 990 filing
Form 990-PF, 2023 View filing

Data from IRS Form 990-PF, 2023; updated September 2026.

Who Beatrice L Compton Memorial Trust Fund funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2023

St Monica Angel Fund of Beaver County: $16KSt Monica Angel Fund of BeaverCounty$16KThe Pittsburgh Foundation: $379The Pittsburgh Foundation$379

The largest 2023 recipient was St Monica Angel Fund of Beaver County ($16K). Together the top 2 received $17K.

Grant Size Distribution

5 grants across all recorded years

3<$50K$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 5 (60%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2023 grant dollars across all 2 itemized grants.

States

Cities

Beaver FallsPittsburgh

How Beatrice L Compton Memorial Trust Fund gives

  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants2020 1 grant2021 2 grants2022 2 grants2023

From 2021 to 2023, annual grant giving ranged from $17K (2023) to $600K (2022). In 2023 it made 2 grants totaling $17K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
St Monica Angel Fund of Beaver County Beaver Falls, PATuition assistance$16,451
The Pittsburgh Foundation Pittsburgh, PATo improve quality of life in the Pittsburgh region.$379
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2023—$279$27,703$16,8302$16,830$279$671
2022$27,424$76,683$640,414$599,5452$599,545$76,683$32,278
2021$308,452$45,379$63,597$35,1271$35,127$44,893$40,139
2020$326,670$23,422$23,950———$23,422$35,127

Under IRS private-foundation payout rules, Beatrice L Compton Memorial Trust Fund reported a distributable amount of $671 for 2023 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Beatrice L Compton Memorial Trust Fund is led by Richard Rocereto, President since 2021 (on filings since 2020) — the only officer listed, and uncompensated.

Officers on the 2023 filing

  • Richard Rocereto

    President

    Accountant → President, 2021

    On filings since 2020

    10 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Beatrice L Compton Memorial Trust Fund

How much does Beatrice L Compton Memorial Trust Fund give each year?

Beatrice L Compton Memorial Trust Fund gave $17K across 2 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $600K across 2 grants.

What is Beatrice L Compton Memorial Trust Fund?

Beatrice L Compton Memorial Trust Fund is a private foundation focused on Education, based in Palmetto, FL.

Where does Beatrice L Compton Memorial Trust Fund operate?

Beatrice L Compton Memorial Trust Fund has awarded grants in Pennsylvania.

How much is Beatrice L Compton Memorial Trust Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Beatrice L Compton Memorial Trust Fund reported a distributable amount of $671 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Beatrice L Compton Memorial Trust Fund's EIN?

Beatrice L Compton Memorial Trust Fund's EIN (Employer Identification Number) is 25-1676211. IRS Form 990 filing data is available on this page for 2020–2023.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Beatrice L Compton Memorial Trust Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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