Bernard F Boyle Memorial Schlrshp Fd

PITTSBURGH, PA EIN: 23-6790683

Bernard F Boyle Memorial Schlrshp Fd is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $860K in total assets. In 2024, it awarded 6 grants totaling $46K. Net investment income was $23K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$860K

-3.5% YoY

Annual Giving

$46K

+6.7% YoY

Grant Count

-25.0% YoY

Avg Grant Size

$8K

+42.3% YoY

Under IRS private-foundation payout rules, Bernard F Boyle Memorial Schlrshp Fd reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.

About Bernard F Boyle Memorial Schlrshp Fd

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $198K (81%)

Florida $22K (9%)

Massachusetts $17K (7%)

South Carolina $6K (3%)

States

Florida Massachusetts Pennsylvania South Carolina

Cities

BethlehamBethlehemBloomsburgBostonCoaldaleConwayDaytona BeachKutztownLandsfordLatrobeNesquehoningPhiladelphiaSummit HillSummitt HillTallahasseeVillanovaWest Chester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$859,913	$890,862	$898,733
Revenue	$34,089	$52,273	$29,224
Expenses	$65,064	$60,119	$74,906
Qualifying Distributions	$53,169	$49,847	$62,081
Net Investment Income	$22,737	$40,892	$18,064
Distributable Amount	$46,778	$43,226	$45,642

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

33 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Villanova University ($14,100), St Vincent College ($10,625), Chestnut Hill College ($7,321).

Recipient	Purpose	Amount
ST VINCENT COLLEGE LATROBE, PA	SCHOLARSHIPS	$10,625
NORTHEASTERN UNIVERSITY BOSTON, MA	SCHOLARSHIPS	$3,500
CHESTNUT HILL COLLEGE PHILADELPHIA, PA	SCHOLARSHIPS	$7,321
VILLANOVA UNIVERSITY VILLANOVA, PA	SCHOLARSHIPS	$14,100
COASTAL CAROLINA UNIVERSITY CONWAY, SC	SCHOLARSHIPS	$3,500
FLORIDA STATE UNIVERSITY TALLAHASSEE, FL	SCHOLARSHIPS	$7,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BNY MELLON N A	TRUSTEE	1	$17,807

Frequently Asked Questions

How large is Bernard F Boyle Memorial Schlrshp Fd?

As of 2024, Bernard F Boyle Memorial Schlrshp Fd holds $860K in total assets with $34K in annual revenue. It awarded 6 grants totaling $46K in 2024.

Where does Bernard F Boyle Memorial Schlrshp Fd operate?

Bernard F Boyle Memorial Schlrshp Fd has awarded grants in Florida, Massachusetts, Pennsylvania, South Carolina.

What size grants does Bernard F Boyle Memorial Schlrshp Fd award?

In 2024, Bernard F Boyle Memorial Schlrshp Fd awarded 6 grants totaling $46K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Bernard F Boyle Memorial Schlrshp Fd required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bernard F Boyle Memorial Schlrshp Fd reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bernard F Boyle Memorial Schlrshp Fd's EIN?

Bernard F Boyle Memorial Schlrshp Fd's EIN (Employer Identification Number) is 23-6790683. IRS Form 990 filing data is available on this page for 2020–2024.