Elizabeth C King Trust Under Will

Foundation · Grantmaker Pittsburgh, PA EIN: 23-6481735

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

1state

Share of all 3 itemized 2025 grant dollars.

States

Cities

PhiladelphiaElkins Park

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K2 grants20203 grants20212 grants20223 grants20232 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Wills Eye Hospital Foundation: $20KWills Eye Hospital Foundation$20KDrexel University: $10KDrexel University$10KTrustees of the University of Penn: $10KTrustees of the University ofPenn$10K

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
WILLS EYE HOSPITAL FOUNDATION Philadelphia, PAGENERAL OPERATING$20,000
DREXEL UNIVERSITY Philadelphia, PAGENERAL OPERATING$10,000
TRUSTEES OF THE UNIVERSITY OF PENN Philadelphia, PAGENERAL OPERATING$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K202020212022202320242025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 6, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  7. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
  8. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 6, 2022)
  9. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
  10. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
  11. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
  12. 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

Charles Adams — Co-Trustee: $21KCharles AdamsCo-Trustee$21KBny Mellon N a — Co-Trustee: $6KBny Mellon N aCo-Trustee$6K

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.

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