Erle D Walden for Kernan Hospital

PITTSBURGH, PA EIN: 52-6022149

Erle D Walden for Kernan Hospital is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $55K. Net investment income was $45K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

-1.1% YoY

Annual Giving

$55K

-4.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$55K

-4.9% YoY

Under IRS private-foundation payout rules, Erle D Walden for Kernan Hospital reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.

About Erle D Walden for Kernan Hospital

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $298K (100%)

States

Maryland

Cities

Baltimore

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,095,505	$1,108,122	$1,151,766
Revenue	$60,272	$29,653	$23,075
Expenses	$73,594	$74,385	$86,462
Qualifying Distributions	$58,754	$58,875	$67,720
Net Investment Income	$45,462	$12,699	$9,430
Distributable Amount	$60,965	$56,004	$58,917

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 Kernan Hospital ($55,201).

Recipient	Purpose	Amount
KERNAN HOSPITAL BALTIMORE, MD	GENERAL SUPPORT	$55,201

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK NA	TRUSTEE	4	$17,761

Frequently Asked Questions

How large is Erle D Walden for Kernan Hospital?

As of 2024, Erle D Walden for Kernan Hospital holds $1.1M in total assets with $60K in annual revenue. It awarded 1 grants totaling $55K in 2024.

Where does Erle D Walden for Kernan Hospital operate?

Erle D Walden for Kernan Hospital has awarded grants in Maryland.

What size grants does Erle D Walden for Kernan Hospital award?

In 2024, Erle D Walden for Kernan Hospital awarded 1 grants totaling $55K — an average of about $55K per grant, based on its IRS Form 990 filings.

How much is Erle D Walden for Kernan Hospital required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Erle D Walden for Kernan Hospital reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Erle D Walden for Kernan Hospital's EIN?

Erle D Walden for Kernan Hospital's EIN (Employer Identification Number) is 52-6022149. IRS Form 990 filing data is available on this page for 2020–2024.