EQT Foundation
EQT Foundation is a private foundation based in Canonsburg, Pennsylvania. It supports nonprofits in areas connected to EQT Corporation’s operating footprint, with priorities that include community enrichment, education and workforce development, and preserving natural resources. The foundation’s website says it has awarded nearly $80 million to nonprofits since its inception.
Key facts about EQT Foundation
In short: EQT Foundation gave $6.3M across 367 grants in 2024 (avg $17K), mostly in Pennsylvania. 34% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 04-3747289
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $6,257,510
- Grants made (2024)
- 367
- Average grant
- $17,050
- Median grant
- $10,000
- New grantees (estimate)
- 34% first-time grantees (109 of 318, 2024)
- Total assets
- $26,237,393
- Primary geography
- Pennsylvania (52% of itemized 2024 grant dollars)
- How to apply
- Grant applications are available on the foundation’s website. Full details ↓
- Deadline
- Applications must be received by the first of the month before the quarterly board meetings.
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.2M
-9.7% YoY
Annual Giving
$6.3M
+56.0% YoY
Grant Count
367
-6.9% YoY
Avg Grant Size
$17K
+67.5% YoY
Under IRS private-foundation payout rules, EQT Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Is EQT Foundation open to new grantees?
34%
first-time grantees, 2024
In 2024, 109 of 318 grantees (34%) were first-time recipients. First grants averaged $22K; repeat grants $19K. How we count
Medians: $10K first-time, $13K repeat.
- 53% of 2024 grantees were also funded in 2023. Method
- Giving grew 118% from 2021 to 2024. Method
- In 2024 it paid out 464% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation says its funding strategy supports organizations and programs that directly affect communities and residents. Its website identifies community enrichment and education and workforce development as funding priorities, and describes its broader aims as sustaining continuous learning, training the future workforce, and preserving natural resources. The foundation’s filing also says its community contributions focus on education, the environment, and arts and culture.
Examples of supported organizations illustrate a range of community work. WQED Multimedia describes its mission as educating, entertaining, and inspiring neighbors across southwestern Pennsylvania through storytelling and experiences. Corner Cupboard Food Bank says it distributes food through a county-wide network of food pantries in Greene County, Pennsylvania, and educates the public about hunger. Washington & Jefferson College describes its aim as graduating lifelong learners and responsible citizens. These are the organizations’ own descriptions of their work.
Grantmaking
In 2024, the foundation reported 367 grants totaling $6,257,510. Grant amounts ranged from $100 to $800,000, with a median of $10,000. The foundation’s 2024 filing listed grants for education and workforce, community enrichment, and matching gifts, among other purposes.
Notable 2024 awards included $800,000 to National Financial Services (JP Morgan Chase Bank) for a matching gift; $200,000 to WVU Foundation for education and workforce; $165,061 to Intermediate Unit 1 for education and workforce; and $125,000 to CFOV for community enrichment. Other awards included $100,000 to WQED Multimedia and $90,000 to Economic & Community Growth Corp, both for education and workforce and community enrichment, respectively; $75,000 to Urban Impact Foundation for a matching gift; and $70,000 to Corner Cupboard Food Bank.
The EQT Foundation Grant Program is listed as active, with an award range of $15,000–$15,000.
Review Cycle
Applications must be received by the first of the month before the quarterly board meetings.
How to Apply
Grant applications are available on the foundation’s website. Nonprofit organizations and institutions whose missions align with the foundation’s community relations goals and priorities are invited to apply for monetary, volunteer, and in-kind contributions. The foundation’s filing states that it does not restrict giving to preselected organizations.
Open Grants
1 open opportunity from EQT Foundation
Ready to take the next step with EQT Foundation?
Geographic Focus
Where this funder awards grants
The foundation says it focuses its giving within EQT Corporation’s operational footprint and seeks proposals in geographic settings aligned with the corporation’s business locations. In 2024, the listed shares of grant dollars by recipient state were Pennsylvania, 52%; West Virginia, 28%; New York, 13%; Ohio, 3%; and Texas, 1%.
Grant Distribution by State
Share of 2024 grant dollars across all 367 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.9M (2021) to $6.3M (2024). In 2024 it made 367 grants totaling $6.3M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was National Financial Services (JP Morgan Chase Bank) ($800K). Together the top 10 received $1.9M.
Organizations only. It also paid 1 grant to individuals ($10,000), which are not listed by name.
Grant Size Distribution
1,758 grants across all recorded years
The most common grant size was under $50K: 1,681 grants of 1,758 (96%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| National Financial Services (JP Morgan Chase Bank) New York, NY | 2024 Matching Gift | $800,000 |
| WVU Foundation Morgantown, WV | Education & Workforce | $200,000 |
| Intermediate Unit 1 Coal Center, PA | Education & Workforce | $165,061 |
| Cfov Wheeling, WV | Community Enrichment | $125,000 |
| CFGC Waynesburg, PA | Community Enrichment | $117,500 |
| WVNCC Foundation Wheeling, WV | Education & Workforce | $110,000 |
| Wqed Multimedia Pittsburgh, PA | Education & Workforce | $100,000 |
| Economic & Community Growth Corp Williamsport, PA | Community Enrichment | $90,000 |
| Discover the Real West Virginia Charleston, WV | Community Enrichment | $75,000 |
| Urban Impact Foundation Pittsburgh, PA | 2023 Matching Gift | $75,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum |
|---|---|---|---|---|
| 2024 | $26,237,393 | $3,619,136 | $6,152,926 | $6,257,510 |
| 2023 | $29,043,383 | $2,277,205 | $4,503,800 | $4,010,212 |
| 2022 | $28,570,218 | $1,461,370 | $3,999,707 | $3,720,748 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,237,393 | $29,043,383 | $28,570,218 |
| Revenue | $3,619,136 | $2,277,205 | $1,461,370 |
| Expenses | $6,152,926 | $4,503,800 | $3,999,707 |
| Qualifying Distributions | $6,309,349 | $4,074,969 | $3,759,898 |
| Net Investment Income | $3,531,461 | $2,204,380 | $1,368,680 |
| Distributable Amount | $1,360,591 | $1,384,316 | $1,570,852 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Ellen L. Rossi as president; Thomas E. Quinlan as treasurer; Lia Fodi as director/senior counsel; and Lesley Evancho, Michael Lauderbaugh, and Toby Z. Rice as directors.
EQT Foundation is led by Ellen L. Rossi, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ellen L. Rossi
President
On filings since 2020
40 hrs/week
$100K (2020) → $0 (2024)
Lesley Evancho
Director
On filings since 2020
1 hr/week
No compensation reported
Michael Lauderbaugh
Director
On filings since 2020
1 hr/week
No compensation reported
Toby Z. Rice
Director
On filings since 2020
1 hr/week
No compensation reported
Lia Fodi
Director & Senior Counsel
Secretary → Director & Senior Counsel, 2023
On filings since 2021
1 hr/week
No compensation reported
Thomas E. Quinlan
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Nicole H. King Yohe Exited (2020) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $100K, to Ellen L Rossi (President).
Contact
Application contact: Eqt Foundation Co Ellen Rossi Eqt F
Mailing address: 2200 Energy Drive, Canosburgh, PA 15317
Phone: (412) 553-7703
Website: https://eqt.com
Frequently asked questions about EQT Foundation
How much does EQT Foundation give each year?
EQT Foundation gave $6.3M across 367 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4.0M across 394 grants.
What is EQT Foundation's typical grant size?
EQT Foundation's median grant in 2024 was $10,000, and its average grant was $17,050, across 367 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from EQT Foundation that year got $22K on average.
Where does EQT Foundation give grants?
EQT Foundation gives mostly in Pennsylvania: 52% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were West Virginia (28%) and New York (13%). The most frequent recipient cities were Pittsburgh, PA (80 grants), Washington, PA (18 grants), Wheeling, WV (17 grants) and Morgantown, WV (16 grants).
Does EQT Foundation give general operating support?
Not in 2024: none of the 367 grants with a stated purpose on EQT Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Enrichment" (92 grants), "2023 Matching Gift" (83 grants) and "2024 Matching Gift" (66 grants).
Who are EQT Foundation's largest grantees?
EQT Foundation's largest 2024 grantees include National Financial Services (JP Morgan Chase Bank) ($800,000), WVU Foundation ($231,600 across 3 grants) and Intermediate Unit 1 ($165,061), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($10,000), which are not listed by name. Together they received 19% of its itemized 2024 grant dollars.
How large is EQT Foundation?
EQT Foundation reported $26.2M in total assets on its 2024 IRS Form 990-PF. It paid out $6.3M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets).
What does EQT Foundation fund?
The foundation says its funding strategy supports organizations and programs that directly affect communities and residents. See mission & focus areas ↑
How do I apply for a grant from EQT Foundation?
Grant applications are available on the foundation’s website. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is EQT Foundation's EIN?
EQT Foundation's EIN (Employer Identification Number) is 04-3747289. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Here's the math on researching EQT Foundation by hand.
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EQT Foundation down — hundreds of funders to go?