Doak Memorial Trust

PITTSBURGH, PA EIN: 25-6061660

Doak Memorial Trust is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $259K in total assets. In 2024, it awarded 1 grants totaling $13K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$259K

-1.1% YoY

Annual Giving

$13K

-4.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$13K

-4.9% YoY

Under IRS private-foundation payout rules, Doak Memorial Trust reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

About Doak Memorial Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $69K (100%)

States

Pennsylvania

Cities

Washington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$259,166	$261,999	$272,459
Revenue	$14,458	$6,688	$-473
Expenses	$17,276	$17,821	$20,277
Qualifying Distributions	$14,048	$14,158	$16,307
Net Investment Income	$11,228	$3,028	$2,839
Distributable Amount	$14,670	$13,467	$14,143

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Washington Hospital ($13,277).

Recipient	Purpose	Amount
WASHINGTON HOSPITAL WASHINGTON, PA	GENERAL SUPPORT	$13,277

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK N A	TRUSTEE	1	$3,856

Frequently Asked Questions

How large is Doak Memorial Trust?

As of 2024, Doak Memorial Trust holds $259K in total assets with $14K in annual revenue. It awarded 1 grants totaling $13K in 2024.

Where does Doak Memorial Trust operate?

Doak Memorial Trust has awarded grants in Pennsylvania.

What size grants does Doak Memorial Trust award?

In 2024, Doak Memorial Trust awarded 1 grants totaling $13K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Doak Memorial Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Doak Memorial Trust reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.