Claude Worthington Benedum Foundation logo

Claude Worthington Benedum Foundation

PITTSBURGH, PA EIN: 25-1086799 Website

The Claude Worthington Benedum Foundation is a private foundation established in 1944 as a memorial to Claude Worthington Benedum, the only child of Michael and Sarah Benedum, who died in 1918 while serving in World War I. Headquartered in Pittsburgh, Pennsylvania, the foundation operates as a 501(c)(3) organization with tax-exempt status since March 1946. The foundation was created by Michael Benedum, a prominent oil and gas wildcatter and independent producer who ranked among the 100 wealthiest Americans during his lifetime.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$447.8M

+3.2% YoY

Annual Giving

$14.0M

-7.4% YoY

Grant Count

198

+8.8% YoY

Avg Grant Size

$71K

-14.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: To encourage human development in West Virginia and Southwestern Pennsylvania through strategically placed charitable resources.

The foundation's guiding principles emphasize:

  • Projects that contribute to advancement in public policy
  • Innovative practices demonstrating measurable and sustainable benefit
  • Collaboration among public, private, and nonprofit sectors
  • Planning and programs that cross geographical and political boundaries
  • Leadership development within served communities
  • The Benedums' belief in "helping people help themselves"

Primary Funding Areas:

  • Education
  • Economic Development
  • Civic Engagement
  • Community Development
  • Health & Human Services
  • Performing Arts (major organizations within Pittsburgh's cultural district in Southwestern Pennsylvania)

Grantmaking

Grant Range

s:** Typical awards range from $500,000 to $800,000.

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Geographic Focus

Where this funder awards grants

The foundation's geographic areas of interest are:

  • West Virginia (primary focus)
  • Southwestern Pennsylvania (particularly Pittsburgh)
  • Kentucky (secondary focus area)

The foundation recognizes that economic regions do not follow political boundaries and encourages projects that cross state lines, particularly those benefiting the multi-state economy centered on Pittsburgh.

Grant Distribution by State

15states
+7 more states

Cities

AlexandriaAshevilleAthensBarboursvilleBeckleyBelleBereaBluefieldBoulderBraddockBridgeportBrownsvilleBuckeyeBuckhannonButlerCamden On GauleyCamp HillCeredoChapmanvilleCharles Town

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $447,825,666
  • Total Revenue: $5,913,557
  • Total Expenses: $18,126,456
  • Net Income: -$12,212,899
  • Total Liabilities: $2,900,000

Historical Giving: Since inception, the foundation has distributed in excess of $565,000,000 as of December 2022.

Staffing: The foundation employs 8 people.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$11M$22M$34M$45M20202021202220232024
Metric202420232022
Total Assets$447,825,666$433,734,264$413,016,186
Revenue$5,913,557$5,453,349$9,095,416
Expenses$18,126,456$18,755,426$18,962,418
Qualifying Distributions$20,732,104$18,514,750$19,235,820
Net Investment Income$23,307,830$14,280,535$17,249,963
Distributable Amount$21,217,685$21,200,320$20,488,856

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$8M$12M$16M161 grants2020132 grants2021166 grants2022182 grants2023198 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COALFIELD DEVELOPMENT CORP$274KCENTRAL SUSQUEHANNA INTE…$200KALLEGHENY CONFERENCE ON …$175KALLEGHENY INTERMEDIATE U…$150KAMERICAN HEART ASSOCIATI…$150KALLEGHENY PARTNERS FOR O…$125KEDVENTURE GROUP INC$125KEVERYCHILD NOW$120KAMERICAN FRIENDS SERVICE…$110KCOMMUNITY FOUNDATION FOR…$110K

Grant Size Distribution

250 grants across all recorded years

65<$50K75$50–100K99$100–250K7$250–500K4$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Claude Worthington Benedum Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Key personnel identified:

  • Amy K Marsh — Member of the Investment Committee
  • Brad R. Ballantine — Treasurer and Senior Accountant
  • Rick Kraich — Member of the Investment Committee

Compensation Overview

From 2024 IRS filing

JENNIFER GIOVANNITTIPRESIDENT (4)(6)$428KKIM TIEMANVICE PRESIDENT (4)(6)$197KSANDRA H HARVEYSECRETARY (4)(6) 1/1/24 - 11…$112KBRAD R BALLANTINETREASURER & SENIOR ACCOUNTAN…$108KTHOMAS A HEYWOODTRUSTEE, CHAIRMAN (1)(2)$24KPARWEEN S MASCARITRUSTEE (1)(2)$16KILLAH R NOURBAKSHTRUSTEE (1)(2)$16KLARRY A RHODESTRUSTEE (1)(2)$16KLLOYD JACKSON IITRUSTEE (2)(3)$12KJANE N WERNER-RUTKOW…TRUSTEE (1)(2)$12KRICK KRAICHMEMBER OF THE INV. COMMITTEE…$8KBRITTNEY TYLERSECRETARY (4)(6) 12/1/24 - 1…$8KGREGORY S BABETRUSTEE (1)(2)$7KAMY K MARSHMEMBER OF THE INV. COMMITTEE…$7K

From 2024 filing

NameTitleHoursCompensation
GREGORY S BABETRUSTEE (1)(2)1.5$7,000
THOMAS A HEYWOODTRUSTEE, CHAIRMAN (1)(2)3$24,000
LLOYD JACKSON IITRUSTEE (2)(3)0.5$12,000
PARWEEN S MASCARITRUSTEE (1)(2)1.5$16,000
ILLAH R NOURBAKSHTRUSTEE (1)(2)1.5$16,000
LARRY A RHODESTRUSTEE (1)(2)1.5$16,000
JANE N WERNER-RUTKOWSKITRUSTEE (1)(2)1.5$12,000
RALPH J BEAN JRTRUSTEE EMERITUS (5)
ESTHER L BARAZZONETRUSTEE EMERITUS (5)
G NICHOLAS BECKWITHTRUSTEE EMERITUS (5)
WILLIAM P GETTYTRUSTEE EMERITUS (5)
ROBERT B WALKERSENIOR TRUSTEE (5)0.5
G RANDOLPH WORLSTRUSTEE EMERITUS (5)
GASTON CAPERTONHONORARY TRUSTEE (5)
RICK KRAICHMEMBER OF THE INV. COMMITTEE (7)1$8,000
AMY K MARSHMEMBER OF THE INV. COMMITTEE (7)1$7,000
JENNIFER GIOVANNITTIPRESIDENT (4)(6)40$428,206
KIM TIEMANVICE PRESIDENT (4)(6)40$197,066
BRAD R BALLANTINETREASURER & SENIOR ACCOUNTANT (4)(6)40$108,037
SANDRA H HARVEYSECRETARY (4)(6) 1/1/24 - 11/30/2440$112,136
BRITTNEY TYLERSECRETARY (4)(6) 12/1/24 - 12/31/2440$7,500

Recent News & Activity

Recent developments and announcements

Recent grant awards and initiatives include:

Grant to West Virginia Service and Action Network (WVSAN) to improve after-school programming across West Virginia

West Virginia State Parks Foundation Receives Grant Claude Worthington Benedum

Funding for CMI2 to promote STEM education opportunities through the ILLUME program

Benedum grant awarded to CMI2 to promote STEM education opportunities via

Continued support for the Center for Sustainable Shale Development

Claude Worthington Benedum Foundation Renews Support for the Center for Sustainable

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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