F S Weaver Fbo Summa Health Sys

PITTSBURGH, PA EIN: 34-7216175

F S Weaver Fbo Summa Health Sys is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $5.0M in total assets. In 2021, it awarded 1 grants totaling $107K. Net investment income was $420K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$5.0M

+6.2% YoY

Annual Giving

$107K

-18.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$107K

-18.5% YoY

Under IRS private-foundation payout rules, F S Weaver Fbo Summa Health Sys reported a distributable amount of $289K for 2021 — the minimum it must pay out in qualifying distributions.

About F S Weaver Fbo Summa Health Sys

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $238K (100%)

States

Ohio

Cities

Akron

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	$5,005,113	$4,714,460
Revenue	$474,497	$301,757
Expenses	$181,378	$191,852
Qualifying Distributions	$120,271	—
Net Investment Income	$420,338	$251,118
Distributable Amount	$288,559	$249,979

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 2021

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Summa Health ($106,971).

Recipient	Purpose	Amount
SUMMA HEALTH AKRON, OH	GENERAL SUPPORT	$106,971

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
PNC BANK NA	TRUSTEE	13	$65,501

Frequently Asked Questions

How large is F S Weaver Fbo Summa Health Sys?

As of 2021, F S Weaver Fbo Summa Health Sys holds $5.0M in total assets with $474K in annual revenue. It awarded 1 grants totaling $107K in 2021.

Where does F S Weaver Fbo Summa Health Sys operate?

F S Weaver Fbo Summa Health Sys has awarded grants in Ohio.

What size grants does F S Weaver Fbo Summa Health Sys award?

In 2021, F S Weaver Fbo Summa Health Sys awarded 1 grants totaling $107K — an average of about $107K per grant, based on its IRS Form 990 filings.

How much is F S Weaver Fbo Summa Health Sys required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, F S Weaver Fbo Summa Health Sys reported a distributable amount of $289K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is F S Weaver Fbo Summa Health Sys's EIN?

F S Weaver Fbo Summa Health Sys's EIN (Employer Identification Number) is 34-7216175. IRS Form 990 filing data is available on this page for 2020–2021.