Fitelson Fbo Suny Downstate Med

PITTSBURGH, PA EIN: 81-0696140

Fitelson Fbo Suny Downstate Med is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.1M in total assets. In 2024, it awarded 1 grants totaling $404K. Net investment income was $246K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.1M

-3.3% YoY

Annual Giving

$404K

+6.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$404K

+6.4% YoY

Under IRS private-foundation payout rules, Fitelson Fbo Suny Downstate Med reported a distributable amount of $274K for 2024 — the minimum it must pay out in qualifying distributions.

About Fitelson Fbo Suny Downstate Med

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $2.1M (100%)

States

New York

Cities

Brooklyn

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,149,527	$5,324,185	$5,265,737
Revenue	$293,113	$497,429	$201,079
Expenses	$471,456	$437,725	$508,393
Qualifying Distributions	$414,937	$390,101	$453,148
Net Investment Income	$245,859	$445,589	$151,229
Distributable Amount	$273,814	$255,363	$277,277

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 Suny Downstate Medical Center ($403,862).

Recipient	Purpose	Amount
SUNY DOWNSTATE MEDICAL CENTER BROOKLYN, NY	GENERAL SUPPORT	$403,862

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	12	$55,377

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Fitelson Fbo Suny Downstate Med?

Fitelson Fbo Suny Downstate Med is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $5.1M in total assets as of 2024.

How large is Fitelson Fbo Suny Downstate Med?

As of 2024, Fitelson Fbo Suny Downstate Med holds $5.1M in total assets with $293K in annual revenue. It awarded 1 grants totaling $404K in 2024.

Where does Fitelson Fbo Suny Downstate Med operate?

Fitelson Fbo Suny Downstate Med has awarded grants in New York.

What size grants does Fitelson Fbo Suny Downstate Med award?

In 2024, Fitelson Fbo Suny Downstate Med awarded 1 grants totaling $404K — an average of about $404K per grant, based on its IRS Form 990 filings.

How much is Fitelson Fbo Suny Downstate Med required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Fitelson Fbo Suny Downstate Med reported a distributable amount of $274K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Fitelson Fbo Suny Downstate Med's EIN?

Fitelson Fbo Suny Downstate Med's EIN (Employer Identification Number) is 81-0696140. IRS Form 990 filing data is available on this page for 2020–2024.