Frederic W Seven Trust Under Will

PITTSBURGH, PA EIN: 25-6196088

Frederic W Seven Trust Under Will 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 $670K in total assets. In 2024, it awarded 2 grants totaling $64K. Net investment income was $26K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$670K

-5.7% YoY

Annual Giving

$64K

+1399.2% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$32K

+649.6% YoY

Under IRS private-foundation payout rules, Frederic W Seven Trust Under Will reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.

About Frederic W Seven Trust Under Will

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $167K (89%)

Michigan $20K (11%)

States

Michigan Pennsylvania

Cities

Ann ArborErie

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$669,569	$709,762	$721,278
Revenue	$33,497	$1,882	$53,094
Expenses	$73,332	$13,604	$54,098
Qualifying Distributions	$66,005	$4,707	$43,872
Net Investment Income	$25,715	$7,960	$43,854
Distributable Amount	$36,969	$34,942	$38,022

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Sarah a Reed Retirement Center ($60,630), University of Michigan ($3,565).

Recipient	Purpose	Amount
SARAH A REED RETIREMENT CENTER ERIE, PA	GENERAL SUPPORT	$60,630
UNIVERSITY OF MICHIGAN ANN ARBOR, MI	GENERAL SUPPORT	$3,565

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	2	$9,048

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Frederic W Seven Trust Under Will?

Frederic W Seven Trust Under Will is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $670K in total assets as of 2024.

How large is Frederic W Seven Trust Under Will?

As of 2024, Frederic W Seven Trust Under Will holds $670K in total assets with $33K in annual revenue. It awarded 2 grants totaling $64K in 2024.

Where does Frederic W Seven Trust Under Will operate?

Frederic W Seven Trust Under Will has awarded grants in Michigan, Pennsylvania.

What size grants does Frederic W Seven Trust Under Will award?

In 2024, Frederic W Seven Trust Under Will awarded 2 grants totaling $64K — an average of about $32K per grant, based on its IRS Form 990 filings.

How much is Frederic W Seven Trust Under Will required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frederic W Seven Trust Under Will reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frederic W Seven Trust Under Will's EIN?

Frederic W Seven Trust Under Will's EIN (Employer Identification Number) is 25-6196088. IRS Form 990 filing data is available on this page for 2020–2024.