E S Prentiss Foundation-ir
The Elisabeth Severance Prentiss Foundation is a charitable trust established in 1944 and dedicated to the support and advancement of healthcare. The foundation is located in Pittsburgh, Pennsylvania and operates as a 501(c)(3) private foundation with tax-exempt status since April 1945.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$72.2M
+2.3% YoY
Annual Giving
$4.8M
+2.0% YoY
Grant Count
47
-7.8% YoY
Avg Grant Size
$102K
+10.7% YoY
Mission & Focus Areas
The foundation's objectives, as outlined in its original Trust Agreement executed January 17, 1939, are:
- To promote medical and surgical research and to assist in the acquisition, advancement, and dissemination of knowledge of medicine and surgery, and of means of maintaining health
- To initiate and further activities designed to promote public health
- To aid hospitals and health institutions in Cuyahoga County, Ohio that are organized and operated exclusively for public charitable purposes, through contributions for capital improvements, equipment, rare and expensive drugs, or operational expenses
- To improve methods of hospital management and administration
- To aid in establishment and support of plans or programs designed to make competent hospital and medical care available to individuals of all classes, especially those of low incomes
Only grant requests falling within these five categories are considered by the Board of Managers.
Grantmaking
Grant Range
$10,000 to $3.6 million
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily supports healthcare initiatives in the greater Cleveland, Ohio area, with specific emphasis on hospitals and health institutions in Cuyahoga County, Ohio.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total assets: $70,612,390
- Total revenues: $1,112,019
- Total expenses: $4,844,420
- Total liabilities: $0
- Investment income and dividends: $2,060,743
As of December 2024:
- Total assets: $72,249,103
The foundation's revenue is primarily derived from investment income and dividends rather than contributions.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $72,249,103 | $70,612,390 | $73,986,496 |
| Revenue | $6,775,235 | $1,112,019 | $2,989,994 |
| Expenses | $5,092,992 | $4,844,420 | $4,834,880 |
| Qualifying Distributions | $4,805,997 | $4,686,893 | $4,600,844 |
| Net Investment Income | $6,560,666 | $2,326,314 | $2,792,601 |
| Distributable Amount | $4,932,893 | $4,577,713 | $4,778,715 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
237 grants across all recorded years
Open Grants
1 open opportunity from E S Prentiss Foundation-ir
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
PNC Bank N.A. serves as trustee of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PNC BANK N A | TRUSTEE | 8 | $40,192 |
Recent News & Activity
Recent developments and announcements
The Elisabeth Severance Prentiss Foundation granted $3.6 million to a Quality of Life Campaign
Elisabeth Severance Prentiss Foundation Grants $3.6 Million to Quality ofThe foundation awarded $5 million to University Hospitals
Elisabeth Severance Prentiss Foundation Grants $3.6 Million to Quality ofThe Prentiss Institute received a $7,500 grant for its 100th anniversary celebration
Prentiss Institute awarded $7,500 grant for 100th anniversaryData last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with E S Prentiss Foundation-ir on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities