George G Bassett

PITTSBURGH, PA EIN: 23-6515222

George G Bassett is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $241K in total assets. In 2024, it awarded 2 grants totaling $14K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$241K

-1.1% YoY

Annual Giving

$14K

+5.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7K

+5.8% YoY

Under IRS private-foundation payout rules, George G Bassett reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

About George G Bassett

Based on IRS filings

Ready to take the next step with George G Bassett?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $68K (100%)

States

Pennsylvania

Cities

Philadelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$241,056	$243,790	$253,814
Revenue	$14,092	$6,253	$941
Expenses	$18,248	$17,062	$18,584
Qualifying Distributions	$14,737	$13,320	$15,273
Net Investment Income	$10,560	$2,478	$3,006
Distributable Amount	$15,185	$12,633	$13,270

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 Childrens Hospital of Philadelphia ($7,669), Central Philadelphia Monthly Meeting ($6,219).

Recipient	Purpose	Amount
CHILDRENS HOSPITAL OF PHILADELPHIA PHILADELPHIA, PA	GENERAL SUPPORT AND	$7,669
CENTRAL PHILADELPHIA MONTHLY MEETING PHILADELPHIA, PA	GENERAL SUPPORT AND	$6,219

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	$4,244

Frequently Asked Questions

How large is George G Bassett?

As of 2024, George G Bassett holds $241K in total assets with $14K in annual revenue. It awarded 2 grants totaling $14K in 2024.

Where does George G Bassett operate?

George G Bassett has awarded grants in Pennsylvania.

What size grants does George G Bassett award?

In 2024, George G Bassett awarded 2 grants totaling $14K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is George G Bassett required to give away each year?

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