David Downes Higbee T-W 10065-67-0
David Downes Higbee T-W 10065-67-0 is a private foundation, based in Pittsburgh, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $382K in total assets. In 2025, it awarded 4 grants totaling $18K. Net investment income was $29K.
Key facts about David Downes Higbee T-W 10065-67-0
In short: David Downes Higbee T-W 10065-67-0 gave $18K across 4 grants in 2025 (avg $5K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- EIN
- 22-6375372
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $18,368
- Grants made (2025)
- 4
- Average grant
- $4,592
- Median grant
- $4,592
- Total assets
- $381,970
- Primary geography
- Pennsylvania (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated October 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$382K
+2.0% YoY
Annual Giving
$18K
-26.9% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$5K
-26.9% YoY
Under IRS private-foundation payout rules, David Downes Higbee T-W 10065-67-0 reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.
How David Downes Higbee T-W 10065-67-0 gives
- Giving held roughly steady from 2022 to 2025 (−13%). Method
- In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $9K (2019) to $25K (2024). In 2025 it made 4 grants totaling $18K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Caitlyn Cavallaro Co PNC Bank ($5K). Together the top 4 received $18K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 23 grants of 23 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Caitlyn Cavallaro Co PNC Bank Pittsburgh, PA | Scholarship | $4,592 |
| Jocelyn Carter Co PNC Bank Pittsburgh, PA | Scholarship | $4,592 |
| Joshua Russell Co PNC Bank Pittsburgh, PA | Scholarship | $4,592 |
| Vivian Edwards Co PNC Bank Pittsburgh, PA | Scholarship | $4,592 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $381,970 | $374,505 | $380,949 |
| Revenue | $32,304 | $24,779 | $9,878 |
| Expenses | $24,963 | $31,093 | $25,416 |
| Qualifying Distributions | $21,321 | $28,017 | $21,867 |
| Net Investment Income | $29,131 | $21,746 | $6,643 |
| Distributable Amount | $21,938 | $21,252 | $27,909 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 9, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
David Downes Higbee T-W 10065-67-0's only listed officer is PNC Bank N A, Trustee on filings since 2019 (compensated).
Officers on the 2025 filing
PNC Bank N A
Trustee
On filings since 2019
1 hr/week
$4K (2019) → $5K (2025)
Former officers (1)
- Former: PNC Bank NA (2020–2021) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $5K, to PNC Bank N a (Trustee).
Frequently asked questions about David Downes Higbee T-W 10065-67-0
How much does David Downes Higbee T-W 10065-67-0 give each year?
David Downes Higbee T-W 10065-67-0 gave $18K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 4 grants.
What is David Downes Higbee T-W 10065-67-0's typical grant size?
David Downes Higbee T-W 10065-67-0's median grant in 2025 was $4,592, and its average grant was $4,592, across 4 grants on its 2025 IRS Form 990-PF.
Where does David Downes Higbee T-W 10065-67-0 give grants?
David Downes Higbee T-W 10065-67-0 gives mostly in Pennsylvania: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Pittsburgh, PA (4 grants).
Does David Downes Higbee T-W 10065-67-0 give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on David Downes Higbee T-W 10065-67-0's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (4 grants).
How large is David Downes Higbee T-W 10065-67-0?
David Downes Higbee T-W 10065-67-0 reported $382K in total assets on its 2025 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is David Downes Higbee T-W 10065-67-0's EIN?
David Downes Higbee T-W 10065-67-0's EIN (Employer Identification Number) is 22-6375372. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching David Downes Higbee T-W 10065-67-0 by hand.
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