Crane W & Edith Mem Schol Fd-tr

Foundation · Grantmaker PITTSBURGH, PA EIN: 25-6680661

Crane W & Edith Mem Schol Fd-tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 3 grants totaling $174K. Net investment income was $99K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.2M

-2.8% YoY

Annual Giving

$174K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$58K

+0.0% YoY

Under IRS private-foundation payout rules, Crane W & Edith Mem Schol Fd-tr reported a distributable amount of $192K for 2024 — the minimum it must pay out in qualifying distributions.

About Crane W & Edith Mem Schol Fd-tr

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $709K (100%)

States

Pennsylvania

Cities

Philadelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,224,761	$3,319,357	$3,236,851
Revenue	$128,364	$305,138	$387,284
Expenses	$222,663	$222,707	$281,514
Qualifying Distributions	$191,439	$190,394	$241,455
Net Investment Income	$98,899	$275,248	$354,630
Distributable Amount	$191,530	$171,823	$180,479

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Drexel University ($58,024), Thomas Jefferson University ($58,024), University of Pennsylvania ($58,024).

Recipient	Purpose	Amount
DREXEL UNIVERSITY PHILADELPHIA, PA	SCHOLARSHIP	$58,024
THOMAS JEFFERSON UNIVERSITY PHILADELPHIA, PA	SCHOLARSHIP	$58,024
UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PA	SCHOLARSHIP	$58,024

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	$43,417

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Crane W & Edith Mem Schol Fd-tr?

Crane W & Edith Mem Schol Fd-tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $3.2M in total assets as of 2024.

How large is Crane W & Edith Mem Schol Fd-tr?

As of 2024, Crane W & Edith Mem Schol Fd-tr holds $3.2M in total assets with $128K in annual revenue. It awarded 3 grants totaling $174K in 2024.

Where does Crane W & Edith Mem Schol Fd-tr operate?

Crane W & Edith Mem Schol Fd-tr has awarded grants in Pennsylvania.

What size grants does Crane W & Edith Mem Schol Fd-tr award?

In 2024, Crane W & Edith Mem Schol Fd-tr awarded 3 grants totaling $174K — an average of about $58K per grant, based on its IRS Form 990 filings.

How much is Crane W & Edith Mem Schol Fd-tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Crane W & Edith Mem Schol Fd-tr reported a distributable amount of $192K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Crane W & Edith Mem Schol Fd-tr's EIN?

Crane W & Edith Mem Schol Fd-tr's EIN (Employer Identification Number) is 25-6680661. IRS Form 990 filing data is available on this page for 2020–2024.