Fischer Owen Orthopedic Fund

Private foundation · Grantmaker Pittsburgh, PA EIN: 61-6168361

Fischer Owen Orthopedic Fund is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in Pittsburgh, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $6.3M in total assets. In 2025, it awarded 1 grant totaling $344K. Net investment income was $347K.

Key facts about Fischer Owen Orthopedic Fund

In short: Fischer Owen Orthopedic Fund gave $344K across 1 grant in 2025 (avg $344K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

EIN
61-6168361
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$343,896
Grants made (2025)
1
Average grant
$343,896
Median grant
$343,896
Total assets
$6,264,803
Primary geography
Kentucky (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

$6.3M

-0.2% YoY

Annual Giving

$344K

-2.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$344K

-2.5% YoY

Under IRS private-foundation payout rules, Fischer Owen Orthopedic Fund reported a distributable amount of $356K for 2025 — the minimum it must pay out in qualifying distributions.

How Fischer Owen Orthopedic Fund gives

  • Giving held roughly steady from 2022 to 2025 (+6%). Method
  • In 2025 it paid out 101% of its IRS minimum distribution (the 5% rule). 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

Louisville

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $316K (2021) to $377K (2023). In 2025 it made 1 grant totaling $344K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Norton Healthcare System: $344KNorton Healthcare System$344K

The largest 2025 recipient was Norton Healthcare System ($344K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K5$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Norton Healthcare System Louisville, KYGeneral Support$343,896

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$6,264,803$6,280,102$6,360,945
Revenue$411,789$354,203$-157,955
Expenses$427,724$431,023$486,301
Qualifying Distributions$358,622$366,474$380,050
Net Investment Income$347,408$292,694$92,518
Distributable Amount$355,878$331,548$314,540

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Fischer Owen Orthopedic Fund's only listed officer is PNC Bank NA, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • PNC Bank NA

    Trustee

    On filings since 2021

    1 hr/week

    $73K (2021) → $74K (2025)

Data from IRS Form 990 filings, 2021–2025. "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 NA — Trustee: $74KPNC Bank NATrustee$74K

The highest reported compensation on the 2025 filing was $74K, to PNC Bank NA (Trustee).

Frequently asked questions about Fischer Owen Orthopedic Fund

How much does Fischer Owen Orthopedic Fund give each year?

Fischer Owen Orthopedic Fund gave $344K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $353K across 1 grant.

How large is Fischer Owen Orthopedic Fund?

Fischer Owen Orthopedic Fund reported $6.3M in total assets on its 2025 IRS Form 990-PF. It paid out $359K in qualifying distributions that year, against a required minimum of $356K (roughly 5% of its investment assets).

What is Fischer Owen Orthopedic Fund?

Fischer Owen Orthopedic Fund is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in Pittsburgh, PA. It holds $6.3M in total assets as of 2025.

Where does Fischer Owen Orthopedic Fund operate?

Fischer Owen Orthopedic Fund has awarded grants in Kentucky.

What is Fischer Owen Orthopedic Fund's EIN?

Fischer Owen Orthopedic Fund's EIN (Employer Identification Number) is 61-6168361. IRS Form 990 filing data is available on this page for 2021–2025.

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

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