Ethel Harkness Grace Perpetual Scholarship

Private foundation · Grantmaker Pittsburgh, PA EIN: 04-6256495
AcademicsStudentsEducation

Ethel Harkness Grace Perpetual Scholarship is a private foundation focused on Academics, based in Pittsburgh, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $183K in total assets. In 2025, it awarded 1 grant totaling $10K. Net investment income was $16K.

Key facts about Ethel Harkness Grace Perpetual Scholarship

In short: Ethel Harkness Grace Perpetual Scholarship gave $10K across 1 grant in 2025 (avg $10K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
04-6256495
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$9,628
Grants made (2025)
1
Average grant
$9,628
Median grant
$9,628
Total assets
$182,667
Primary geography
New York (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

$183K

+3.0% YoY

Annual Giving

$10K

+3.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$10K

+3.5% YoY

Under IRS private-foundation payout rules, Ethel Harkness Grace Perpetual Scholarship reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.

How Ethel Harkness Grace Perpetual Scholarship gives

  • Giving held roughly steady from 2022 to 2025 (−15%). 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 the 2025 grant dollars on its one itemized grant.

States

Cities

Aurora

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $6K (2020) to $11K (2022). In 2025 it made 1 grant totaling $10K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Wells College: $10KWells College$10K

The largest 2025 recipient was Wells College ($10K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Wells College Aurora, NYGeneral Support$9,628

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$182,667$177,266$181,735
Revenue$18,167$8,030$10,721
Expenses$12,822$12,595$12,666
Qualifying Distributions$10,269$9,962$10,182
Net Investment Income$15,620$5,594$8,006
Distributable Amount$10,563$10,289$9,573

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS March 6, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Ethel Harkness Grace Perpetual Scholarship's only listed officer is PNC Bank N A, Trustee on every filing since 2023 (compensated).

Officers on the 2025 filing

  • PNC Bank N A

    Trustee

    On filings since 2023

    1 hr/week

    $3K (2023) → $3K (2025)

Former officers (1)
  • Former: PNC Bank NA (2019–2022) — Trustee

Data from IRS Form 990 filings, 2019–2025. "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

PNC Bank N a — Trustee: $3KPNC Bank N aTrustee$3K

The highest reported compensation on the 2025 filing was $3K, to PNC Bank N a (Trustee).

Frequently asked questions about Ethel Harkness Grace Perpetual Scholarship

How much does Ethel Harkness Grace Perpetual Scholarship give each year?

Ethel Harkness Grace Perpetual Scholarship gave $10K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $9K across 1 grant.

How large is Ethel Harkness Grace Perpetual Scholarship?

Ethel Harkness Grace Perpetual Scholarship reported $183K in total assets on its 2025 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Ethel Harkness Grace Perpetual Scholarship?

Ethel Harkness Grace Perpetual Scholarship is a private foundation focused on Academics, based in Pittsburgh, PA. It holds $183K in total assets as of 2025.

Where does Ethel Harkness Grace Perpetual Scholarship operate?

Ethel Harkness Grace Perpetual Scholarship has awarded grants in New York.

What is Ethel Harkness Grace Perpetual Scholarship's EIN?

Ethel Harkness Grace Perpetual Scholarship's EIN (Employer Identification Number) is 04-6256495. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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