Hermann Memorial Art Museum #2 is a private foundation focused on Arts and culture, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $249K in total assets. In 2024, it awarded 1 grants totaling $13K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$249K
-0.4% YoY
Annual Giving
$13K
-4.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$13K
-4.9% YoY
Under IRS private-foundation payout rules, Hermann Memorial Art Museum #2 reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
About Hermann Memorial Art Museum #2
Based on IRS filings
Hermann Memorial Art Museum #2 is a private foundation focused on Arts and culture, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $249K in total assets. In 2024, it awarded 1 grants totaling $13K. Net investment income was $13K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $249,126 | $250,183 | $267,159 |
| Revenue | $15,994 | $414 | $10,255 |
| Expenses | $17,046 | $17,329 | $19,866 |
| Qualifying Distributions | $13,656 | $13,677 | $15,291 |
| Net Investment Income | $12,575 | $3,554 | $6,502 |
| Distributable Amount | $14,048 | $13,020 | $13,686 |
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 Hermann Memorial Art Museum ($12,833).
| Recipient | Purpose | Amount |
|---|---|---|
| HERMANN MEMORIAL ART MUSEUM PITTSBURGH, PA | GENERAL SUPPORT | $12,833 |
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 | $4,113 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hermann Memorial Art Museum #2?
Hermann Memorial Art Museum #2 is a private foundation focused on Arts and culture, based in PITTSBURGH, PA. It holds $249K in total assets as of 2024.
How large is Hermann Memorial Art Museum #2?
As of 2024, Hermann Memorial Art Museum #2 holds $249K in total assets with $16K in annual revenue. It awarded 1 grants totaling $13K in 2024.
Where does Hermann Memorial Art Museum #2 operate?
Hermann Memorial Art Museum #2 has awarded grants in Pennsylvania.
What size grants does Hermann Memorial Art Museum #2 award?
In 2024, Hermann Memorial Art Museum #2 awarded 1 grants totaling $13K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Hermann Memorial Art Museum #2 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hermann Memorial Art Museum #2 reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hermann Memorial Art Museum #2's EIN?
Hermann Memorial Art Museum #2's EIN (Employer Identification Number) is 25-6024793. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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