Common Wealth Trust
Common Wealth Trust is a private foundation based in Pittsburgh, Pennsylvania. The organization is designated as a 501(c)(3) tax-exempt entity and has been operating since 1979. The foundation operates with Bank of Delaware serving as trustee.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.6M
-0.8% YoY
Annual Giving
$302K
-6.3% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$60K
+12.4% YoY
Mission & Focus Areas
The foundation's grant-making priorities focus on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Arts, Culture & Humanities
The foundation primarily directs funding toward organizations and initiatives in Ohio and Pennsylvania.
Grantmaking
Average Grant
amount varies by funding cycle
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Geographic Focus
Where this funder awards grants
Common Wealth Trust primarily funds organizations and initiatives in:
- Ohio
- Pennsylvania
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Resources:
- Total assets: $5,572,734 (most recent filing)
- Total giving: $302,156 (most recent filing)
- Annual revenue: $369,000 (fiscal year 2024)
- Annual expenses: $388,000 (fiscal year 2024)
- Total liabilities: $0 (fiscal year 2024)
Financial Status: The foundation maintains a stable financial position with no outstanding liabilities and substantial assets supporting its grantmaking activities.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,572,734 | $5,615,438 | $5,634,926 |
| Revenue | $335,480 | $368,667 | $100,460 |
| Expenses | $376,772 | $387,670 | $487,787 |
| Qualifying Distributions | $327,259 | $346,423 | $428,134 |
| Net Investment Income | $294,014 | $323,211 | $121,026 |
| Distributable Amount | $324,436 | $302,171 | $294,541 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PNC BANK N A | TRUSTEE | 1 | $62,758 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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