Carmell Scholarship Fund

PITTSBURGH, PA EIN: 34-7196952

Carmell Scholarship Fund is a private foundation focused on Education, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $506K in total assets. In 2024, it awarded 16 grants totaling $23K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$506K

-2.4% YoY

Annual Giving

$23K

+0.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1K

+0.1% YoY

Under IRS private-foundation payout rules, Carmell Scholarship Fund reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.

About Carmell Scholarship Fund

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $119K (100%)

States

Pennsylvania

Cities

Pittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$506,245	$518,883	$541,512
Revenue	$22,478	$7,762	$19,533
Expenses	$34,885	$33,341	$43,545
Qualifying Distributions	$29,914	$29,442	$38,067
Net Investment Income	$17,325	$8,911	$15,019
Distributable Amount	$28,482	$29,465	$29,872

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

76 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lindsay Hart ($1,449), Gloria Kozak ($1,449), Avery Beckman ($1,448).

Recipient	Purpose	Amount
Avery Beckman PITTSBURGH, PA	SCHOLARSHIP	$1,448
Claire Betsch PITTSBURGH, PA	SCHOLARSHP	$1,400
Owen Brey PITTSBURGH, PA	SCHOLARSHIP	$1,400
Cheyenne Brown PITTSBURGH, PA	SCHOLARSHIP	$1,400
Lindsay Hart PITTSBURGH, PA	SCHOLARSHIP	$1,449
Carin Hoevemeyer PITTSBURGH, PA	SCHOLARSHIP	$1,400
Gloria Kozak PITTSBURGH, PA	SCHOLARSHIP	$1,449
Leah Schneirla PITTSBURGH, PA	SCHOLARSHIP	$1,400
Monica Thill PITTSBURGH, PA	SCHOLARSHIP	$1,400
Lakin Weitzel PITTSBURGH, PA	SCHOLARSHIP	$1,400

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	2	$8,111

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Carmell Scholarship Fund?

Carmell Scholarship Fund is a private foundation focused on Education, based in PITTSBURGH, PA. It holds $506K in total assets as of 2024.

How large is Carmell Scholarship Fund?

As of 2024, Carmell Scholarship Fund holds $506K in total assets with $22K in annual revenue. It awarded 16 grants totaling $23K in 2024.

Where does Carmell Scholarship Fund operate?

Carmell Scholarship Fund has awarded grants in Pennsylvania.

What size grants does Carmell Scholarship Fund award?

In 2024, Carmell Scholarship Fund awarded 16 grants totaling $23K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Carmell Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carmell Scholarship Fund reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.