Fallona Raymond and Laura Charitable

PITTSBURGH, PA EIN: 04-6580695

Fallona Raymond and Laura Charitable is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 6 grants totaling $301K. Net investment income was $700K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.3M

+7.5% YoY

Annual Giving

$301K

+12.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$50K

+12.2% YoY

Under IRS private-foundation payout rules, Fallona Raymond and Laura Charitable reported a distributable amount of $304K for 2024 — the minimum it must pay out in qualifying distributions.

About Fallona Raymond and Laura Charitable

Based on IRS filings

Ready to take the next step with Fallona Raymond and Laura Charitable?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $1.5M (100%)

States

Massachusetts

Cities

BostonBraintreeBrightonFraminghamJamaica PlainTewksbury

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,303,825	$4,934,017	$4,837,027
Revenue	$744,697	$435,959	$312,916
Expenses	$380,404	$337,979	$445,017
Qualifying Distributions	$328,792	$294,060	$381,442
Net Investment Income	$699,987	$388,235	$268,390
Distributable Amount	$303,867	$267,275	$284,409

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

29 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Discalced Carmelite Fathers ($86,581), Covenant Health Systems ($69,685), Catholic Archdiocese of ($57,721).

Recipient	Purpose	Amount
COVENANT HEALTH SYSTEMS TEWKSBURY, MA	GENERAL OPERATING PURPOSES	$69,685
CATH CHARIT BUR ARCHDIOCESE OF BOSTON, MA	GENREAL OPERATING PURPOSES	$28,860
CATHOLIC ARCHDIOCESE OF BRAINTREE, MA	GENERAL OPERATING PURPOSES	$57,721
ST PATRICK'S MANOR FRAMINGHAM, MA	GENERAL OPERATING PURPOSES	$28,860
FRANCISCAN ORDER OF ST CLARE JAMAICA PLAIN, MA	GENERAL OPERATING PURPOSES	$28,860
DISCALCED CARMELITE FATHERS BRIGHTON, MA	GENERAL OPERATING	$86,581

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BNY MELLON N A	TRUSTEE	1	$70,386

Frequently Asked Questions

How large is Fallona Raymond and Laura Charitable?

As of 2024, Fallona Raymond and Laura Charitable holds $5.3M in total assets with $745K in annual revenue. It awarded 6 grants totaling $301K in 2024.

Where does Fallona Raymond and Laura Charitable operate?

Fallona Raymond and Laura Charitable has awarded grants in Massachusetts.

What size grants does Fallona Raymond and Laura Charitable award?

In 2024, Fallona Raymond and Laura Charitable awarded 6 grants totaling $301K — an average of about $50K per grant, based on its IRS Form 990 filings.

How much is Fallona Raymond and Laura Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Fallona Raymond and Laura Charitable reported a distributable amount of $304K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Fallona Raymond and Laura Charitable's EIN?

Fallona Raymond and Laura Charitable's EIN (Employer Identification Number) is 04-6580695. IRS Form 990 filing data is available on this page for 2020–2024.