George F & Rosalie Peterson Memorial Tr2

PITTSBURGH, PA EIN: 25-6121241

George F & Rosalie Peterson Memorial Tr2 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 $2.1M in total assets. In 2024, it awarded 2 grants totaling $107K. Net investment income was $102K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

-0.5% YoY

Annual Giving

$107K

-7.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$54K

-7.5% YoY

Under IRS private-foundation payout rules, George F & Rosalie Peterson Memorial Tr2 reported a distributable amount of $120K for 2024 — the minimum it must pay out in qualifying distributions.

About George F & Rosalie Peterson Memorial Tr2

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 $544K (100%)

States

Pennsylvania

Cities

Monongahela

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,121,178	$2,131,955	$2,216,671
Revenue	$126,212	$56,774	$-6,162
Expenses	$135,976	$143,530	$163,052
Qualifying Distributions	$112,676	$117,012	$133,823
Net Investment Income	$101,731	$30,003	$25,550
Distributable Amount	$119,825	$109,859	$115,474

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

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Presbyterian Church of Monongahela ($106,055), Bethel a M E Church ($1,000).

Recipient	Purpose	Amount
FIRST PRESBYTERIAN CHURCH OF MONONGAHELA MONONGAHELA, PA	GENERAL SUPPORT	$106,055
BETHEL A M E CHURCH MONONGAHELA, PA	GENERAL SUPPORT	$1,000

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	6	$28,107

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is George F & Rosalie Peterson Memorial Tr2?

George F & Rosalie Peterson Memorial Tr2 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $2.1M in total assets as of 2024.

How large is George F & Rosalie Peterson Memorial Tr2?

As of 2024, George F & Rosalie Peterson Memorial Tr2 holds $2.1M in total assets with $126K in annual revenue. It awarded 2 grants totaling $107K in 2024.

Where does George F & Rosalie Peterson Memorial Tr2 operate?

George F & Rosalie Peterson Memorial Tr2 has awarded grants in Pennsylvania.

What size grants does George F & Rosalie Peterson Memorial Tr2 award?

In 2024, George F & Rosalie Peterson Memorial Tr2 awarded 2 grants totaling $107K — an average of about $54K per grant, based on its IRS Form 990 filings.

How much is George F & Rosalie Peterson Memorial Tr2 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, George F & Rosalie Peterson Memorial Tr2 reported a distributable amount of $120K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is George F & Rosalie Peterson Memorial Tr2's EIN?

George F & Rosalie Peterson Memorial Tr2's EIN (Employer Identification Number) is 25-6121241. IRS Form 990 filing data is available on this page for 2020–2024.