Herman F Mangold Charitable Trust

PITTSBURGH, PA EIN: 23-7917630

Herman F Mangold Charitable Trust 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 $1.0M in total assets. In 2024, it awarded 2 grants totaling $36K. Net investment income was $35K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

-0.3% YoY

Annual Giving

$36K

-27.5% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$18K

+8.7% YoY

Under IRS private-foundation payout rules, Herman F Mangold Charitable Trust reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.

About Herman F Mangold Charitable Trust

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 $227K (100%)

States

Pennsylvania

Cities

PhiladelphiaPittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,041,163	$1,044,593	$1,095,909
Revenue	$49,842	$13,921	$43,904
Expenses	$52,518	$65,070	$71,769
Qualifying Distributions	$39,170	$58,504	$62,647
Net Investment Income	$35,382	$19,055	$36,716
Distributable Amount	$57,697	$53,544	$59,748

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

14 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Animal Care & Welfare Inc ($17,885), Animal Friends Inc ($17,885).

Recipient	Purpose	Amount
ANIMAL CARE & WELFARE INC PITTSBURGH, PA	GENERAL SUPPORT	$17,885
ANIMAL FRIENDS INC PITTSBURGH, PA	GENERAL SUPPORT	$17,885

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	4	$16,369

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Herman F Mangold Charitable Trust?

Herman F Mangold Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $1.0M in total assets as of 2024.

How large is Herman F Mangold Charitable Trust?

As of 2024, Herman F Mangold Charitable Trust holds $1.0M in total assets with $50K in annual revenue. It awarded 2 grants totaling $36K in 2024.

Where does Herman F Mangold Charitable Trust operate?

Herman F Mangold Charitable Trust has awarded grants in Pennsylvania.

What size grants does Herman F Mangold Charitable Trust award?

In 2024, Herman F Mangold Charitable Trust awarded 2 grants totaling $36K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is Herman F Mangold Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Herman F Mangold Charitable Trust reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Herman F Mangold Charitable Trust's EIN?

Herman F Mangold Charitable Trust's EIN (Employer Identification Number) is 23-7917630. IRS Form 990 filing data is available on this page for 2020–2024.