Fm & Lm Willis 2

PITTSBURGH, PA EIN: 23-6204983

Fm & Lm Willis 2 is a private foundation focused on Religion, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $276K in total assets. In 2024, it awarded 1 grants totaling $14K. Net investment income was $14K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$276K

+0.1% YoY

Annual Giving

$14K

-4.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$14K

-4.7% YoY

Under IRS private-foundation payout rules, Fm & Lm Willis 2 reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

About Fm & Lm Willis 2

Based on IRS filings

Focus Areas

Religion

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $75K (100%)

States

North Carolina

Cities

Manteo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$276,460	$276,100	$285,282
Revenue	$14,949	$5,227	$241
Expenses	$14,778	$15,299	$17,979
Qualifying Distributions	$14,172	$14,785	$16,848
Net Investment Income	$14,394	$6,599	$6,015
Distributable Amount	$15,451	$14,095	$14,783

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 Mt Olivet United Methodist Church ($14,071).

Recipient	Purpose	Amount
MT OLIVET UNITED METHODIST CHURCH MANTEO, NC	GENERAL SUPPORT	$14,071

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK N A	TRUSTEE	1	$505

Subject Areas

Focus areas based on grantmaking activity

Religion

Frequently Asked Questions

What is Fm & Lm Willis 2?

Fm & Lm Willis 2 is a private foundation focused on Religion, based in PITTSBURGH, PA. It holds $276K in total assets as of 2024.

How large is Fm & Lm Willis 2?

As of 2024, Fm & Lm Willis 2 holds $276K in total assets with $15K in annual revenue. It awarded 1 grants totaling $14K in 2024.

Where does Fm & Lm Willis 2 operate?

Fm & Lm Willis 2 has awarded grants in North Carolina.

What size grants does Fm & Lm Willis 2 award?

In 2024, Fm & Lm Willis 2 awarded 1 grants totaling $14K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is Fm & Lm Willis 2 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Fm & Lm Willis 2 reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.