Elizabeth C King Trust Under Will
Elizabeth C King Trust Under Will is a private foundation, based in Pittsburgh, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $647K in total assets. In 2025, it awarded 3 grants totaling $40K. Net investment income was $29K.
Key facts about Elizabeth C King Trust Under Will
In short: Elizabeth C King Trust Under Will gave $40K across 3 grants in 2025 (avg $13K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- EIN
- 23-6481735
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $40,000
- Grants made (2025)
- 3
- Average grant
- $13,333
- Median grant
- $10,000
- Total assets
- $646,601
- Primary geography
- Pennsylvania (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$647K
-3.4% YoY
Annual Giving
$40K
-11.1% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$13K
-40.7% YoY
Under IRS private-foundation payout rules, Elizabeth C King Trust Under Will reported a distributable amount of $53K for 2025 — the minimum it must pay out in qualifying distributions.
How Elizabeth C King Trust Under Will gives
- Giving held roughly steady from 2022 to 2025 (−17%). 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 all 3 itemized 2025 grant dollars.
States
Cities
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 2025
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| WILLS EYE HOSPITAL FOUNDATION Philadelphia, PA | GENERAL OPERATING | $20,000 |
| DREXEL UNIVERSITY Philadelphia, PA | GENERAL OPERATING | $10,000 |
| TRUSTEES OF THE UNIVERSITY OF PENN Philadelphia, PA | GENERAL OPERATING | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $646,601 | $669,368 | $626,502 |
| Revenue | $45,771 | $116,124 | $146,772 |
| Expenses | $68,512 | $73,223 | $78,675 |
| Qualifying Distributions | $50,871 | $55,663 | $59,911 |
| Net Investment Income | $28,847 | $99,569 | $129,920 |
| Distributable Amount | $52,692 | $50,516 | $49,626 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
Leadership & Key People
Officers and directors from IRS filings
Elizabeth C King Trust Under Will's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
BNY Mellon N A
Co-Trustee
Co-Trustee → Trustee, 2021
Trustee → Co-Trustee, 2023
On filings since 2020
1 hr/week
$16K (2020) → $6K (2025)
Charles Adams
Co-Trustee
On filings since 2020
1 hr/week
$6K (2020) → $21K (2025)
Data from IRS Form 990 filings, 2020–2025. "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
Frequently asked questions about Elizabeth C King Trust Under Will
How much does Elizabeth C King Trust Under Will give each year?
Elizabeth C King Trust Under Will gave $40K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $45K across 2 grants.
What is Elizabeth C King Trust Under Will's typical grant size?
Elizabeth C King Trust Under Will's median grant in 2025 was $10,000, and its average grant was $13,333, across 3 grants on its 2025 IRS Form 990-PF.
Where does Elizabeth C King Trust Under Will give grants?
Elizabeth C King Trust Under Will 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 Philadelphia, PA (3 grants).
Does Elizabeth C King Trust Under Will give general operating support?
Yes: 100% of Elizabeth C King Trust Under Will's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Elizabeth C King Trust Under Will?
Elizabeth C King Trust Under Will reported $647K in total assets on its 2025 IRS Form 990-PF. It paid out $51K in qualifying distributions that year, against a required minimum of $53K (roughly 5% of its investment assets).
What is Elizabeth C King Trust Under Will's EIN?
Elizabeth C King Trust Under Will's EIN (Employer Identification Number) is 23-6481735. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Elizabeth C King Trust Under Will by hand.
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