Ely Richard B for Phelps School

PITTSBURGH, PA EIN: 52-6839922

Ely Richard B for Phelps School is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $118K in total assets. In 2024, it awarded 1 grants totaling $6K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$118K

-0.7% YoY

Annual Giving

$6K

-4.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

-4.5% YoY

Under IRS private-foundation payout rules, Ely Richard B for Phelps School reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Ely Richard B for Phelps School

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $28K (100%)

States

Pennsylvania

Cities

Malvern

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$118,313	$119,123	$123,948
Revenue	$7,006	$2,837	$-42
Expenses	$7,892	$7,972	$8,922
Qualifying Distributions	$6,426	$6,520	$7,163
Net Investment Income	$5,547	$1,703	$1,336
Distributable Amount	$6,777	$6,236	$6,527

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 Phelps School ($6,077).

Recipient	Purpose	Amount
PHELPS SCHOOL MALVERN, PA	GENERAL SUPPORT	$6,077

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	$1,741

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Ely Richard B for Phelps School?

Ely Richard B for Phelps School is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $118K in total assets as of 2024.

How large is Ely Richard B for Phelps School?

As of 2024, Ely Richard B for Phelps School holds $118K in total assets with $7K in annual revenue. It awarded 1 grants totaling $6K in 2024.

Where does Ely Richard B for Phelps School operate?

Ely Richard B for Phelps School has awarded grants in Pennsylvania.

What size grants does Ely Richard B for Phelps School award?

In 2024, Ely Richard B for Phelps School awarded 1 grants totaling $6K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Ely Richard B for Phelps School required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ely Richard B for Phelps School reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ely Richard B for Phelps School's EIN?

Ely Richard B for Phelps School's EIN (Employer Identification Number) is 52-6839922. IRS Form 990 filing data is available on this page for 2020–2024.