Frances R McCredy 3
Frances R McCredy 3 is a private foundation focused on Health, based in Pittsburgh, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.6M in total assets. In 2025, it awarded 1 grant totaling $183K. Net investment income was $265K.
Frances R McCredy 3 at a glance
In short: Frances R McCredy 3 gave $183K across 1 grant in 2025 (avg $183K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $183,105
- +6.7% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $183,105
- +6.7% vs 2024
- Median grant
- $183,105
- Total assets
- $3,551,902
- +2.1% vs 2024
- Primary geography
- Pennsylvania (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Frances R McCredy 3 funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Doylestown Health Foundation ($183K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Frances R McCredy 3 gives
- Giving held roughly steady from 2022 to 2025 (−10%). Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $164K (2021) to $204K (2022). In 2025 it made 1 grant totaling $183K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Doylestown Health Foundation Doylestown, PA | General Support | $183,105 |
Ready to take the next step with Frances R McCredy 3?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,551,902 | $291,904 | $219,113 | $183,105 | 1 | $189,241 | $265,158 | $197,164 |
| 2024 | $3,477,922 | $182,675 | $202,840 | $171,571 | 1 | $177,407 | $157,492 | $188,941 |
| 2023 | $3,496,254 | $92,083 | $206,067 | $178,506 | 1 | $179,825 | $61,709 | $172,890 |
| 2022 | $3,609,893 | $89,262 | $239,764 | $203,629 | 1 | $204,992 | $62,306 | $179,869 |
| 2021 | $3,758,315 | $367,834 | $198,615 | $164,349 | 1 | $166,721 | $328,118 | $206,001 |
| 2020 | $3,588,843 | $120,149 | $230,185 | $169,096 | 1 | — | $91,673 | $182,052 |
Under IRS private-foundation payout rules, Frances R McCredy 3 reported a distributable amount of $197K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Frances R McCredy 3's only listed officer is PNC Bank N A, Trustee on the 2025 filing (compensated).
Officers on the 2025 filing
PNC Bank N A
Trustee
New on the 2025 filing
1 hr/week
$31K (2025)
Former officers (1)
- Former: PNC Bank NA (2020–2024) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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
The highest reported compensation on the 2025 filing was $31K, to PNC Bank N a (Trustee).
Frequently asked questions about Frances R McCredy 3
How much does Frances R McCredy 3 give each year?
Frances R McCredy 3 gave $183K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $172K across 1 grant.
How large is Frances R McCredy 3?
Frances R McCredy 3 reported $3.6M in total assets on its 2025 IRS Form 990-PF. It paid out $189K in qualifying distributions that year, against a required minimum of $197K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Frances R McCredy 3?
Frances R McCredy 3 is a private foundation focused on Health, based in Pittsburgh, PA. It holds $3.6M in total assets as of 2025.
Where does Frances R McCredy 3 operate?
Frances R McCredy 3 has awarded grants in Pennsylvania.
What is Frances R McCredy 3's EIN?
Frances R McCredy 3's EIN (Employer Identification Number) is 23-6476840. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 24, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
Explore Open Grants
Browse active grant opportunities in Frances R McCredy 3's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Swartzlander Charitable Trust
Pittsburgh, PA
Assets
$1.1M
Grants
1
Total Given
$58K
The Alice Debra Donna Powell Trust
Philadelphia, PA
Assets
$434K
Grants
1
Total Given
$30K
Reba F Barnes
Pittsburgh, PA
Assets
$318K
Grants
2
Total Given
$16K
The Kulp Family Charitable Foundation
Chalfont, PA
Assets
$441K
Grants
3
Total Given
$30K
Main Street Missions Inc
Furlong, PA
The mission of Main Street Missions is to work through kin wellness and support center and main st. To support our Bucks county cancer community and our oncology healthcare workers by funding and providing services that provide comfort relief through integrative services, support and therapy, counseling, fitness, peer to peer programs and various workshops and experience based programming.
Assets
$655K
Grants
4
Total Given
$110K
Frank R Goodman Family Foundation
Los Angeles, CA
Assets
$946K
Grants
4
Total Given
$55K
More similar funders
More Funders in Pennsylvania
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Frances R McCredy 3's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Frances R McCredy 3 down — hundreds of funders to go?