George I Speer and Lizzie F Speer Memorial

PITTSBURGH, PA EIN: 51-6016691

George I Speer and Lizzie F Speer Memorial 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 $15.3M in total assets. In 2024, it awarded 1 grants totaling $747K. Net investment income was $551K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15.3M

-1.2% YoY

Annual Giving

$747K

-10.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$747K

-10.6% YoY

Under IRS private-foundation payout rules, George I Speer and Lizzie F Speer Memorial reported a distributable amount of $811K for 2024 — the minimum it must pay out in qualifying distributions.

About George I Speer and Lizzie F Speer Memorial

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Delaware $4.0M (100%)

States

Delaware

Cities

Newark

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$15,262,408	$15,445,135	$16,259,718
Revenue	$686,532	$197,780	$1,825,963
Expenses	$896,723	$978,490	$1,020,732
Qualifying Distributions	$780,491	$842,930	$842,067
Net Investment Income	$550,630	$168,255	$1,674,405
Distributable Amount	$810,768	$753,971	$770,328

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 New Castle Presbytery ($747,368).

Recipient	Purpose	Amount
NEW CASTLE PRESBYTERY NEWARK, DE	GENERAL SUPPORT/UPKEEP OF	$747,368

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK NA	TRUSTEE	25	$126,046

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is George I Speer and Lizzie F Speer Memorial?

George I Speer and Lizzie F Speer Memorial is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $15.3M in total assets as of 2024.

How large is George I Speer and Lizzie F Speer Memorial?

As of 2024, George I Speer and Lizzie F Speer Memorial holds $15.3M in total assets with $687K in annual revenue. It awarded 1 grants totaling $747K in 2024.

Where does George I Speer and Lizzie F Speer Memorial operate?

George I Speer and Lizzie F Speer Memorial has awarded grants in Delaware.

What size grants does George I Speer and Lizzie F Speer Memorial award?

In 2024, George I Speer and Lizzie F Speer Memorial awarded 1 grants totaling $747K — an average of about $747K per grant, based on its IRS Form 990 filings.

How much is George I Speer and Lizzie F Speer Memorial required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, George I Speer and Lizzie F Speer Memorial reported a distributable amount of $811K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is George I Speer and Lizzie F Speer Memorial's EIN?

George I Speer and Lizzie F Speer Memorial's EIN (Employer Identification Number) is 51-6016691. IRS Form 990 filing data is available on this page for 2020–2024.