Hough Wallace P Charitable Trust

PITTSBURGH, PA EIN: 25-6352924

Hough Wallace P Charitable Trust is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $776K in total assets. In 2024, it awarded 5 grants totaling $37K. Net investment income was $40K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$776K

-0.2% YoY

Annual Giving

$37K

-3.9% YoY

Grant Count

+66.7% YoY

Avg Grant Size

$7K

-42.4% YoY

Under IRS private-foundation payout rules, Hough Wallace P Charitable Trust reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

About Hough Wallace P Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $202K (100%)

States

Pennsylvania

Cities

GreensburgIndianaMarsPittsburghSewickleyWexford

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$775,708	$777,278	$806,383
Revenue	$47,414	$16,827	$-443
Expenses	$48,549	$48,635	$57,826
Qualifying Distributions	$41,506	$41,519	$48,439
Net Investment Income	$40,440	$13,009	$10,863
Distributable Amount	$43,650	$39,990	$42,268

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Clelian Heights School ($18,000), Arc Indiana County ($7,463), Pediatric Palliative Care Coalition ($6,526).

Recipient	Purpose	Amount
CLELIAN HEIGHTS SCHOOL GREENSBURG, PA	MATH CIRRICULUM EXPANSION	$18,000
ARC INDIANA COUNTY INDIANA, PA	ADVOCACY AND ENPOWERMENT	$7,463
FRIENDSHIP CIRCLE - PITTSBURGH PITTSBURGH, PA	FC CLUBS IN SCHOOLS	$1,276
WESTERN PENNSYLVANIA SCHOOL FOR BLIND PITTSBURGH, PA	SPECIALIZED EQUIPMENT	$4,042
PEDIATRIC PALLIATIVE CARE COALITION PITTSBURGH, PA	ADVANCED TRAINING SERIES	$6,526

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	2	$8,190

Frequently Asked Questions

How large is Hough Wallace P Charitable Trust?

As of 2024, Hough Wallace P Charitable Trust holds $776K in total assets with $47K in annual revenue. It awarded 5 grants totaling $37K in 2024.

Where does Hough Wallace P Charitable Trust operate?

Hough Wallace P Charitable Trust has awarded grants in Pennsylvania.

What size grants does Hough Wallace P Charitable Trust award?

In 2024, Hough Wallace P Charitable Trust awarded 5 grants totaling $37K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Hough Wallace P Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hough Wallace P Charitable Trust reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hough Wallace P Charitable Trust's EIN?

Hough Wallace P Charitable Trust's EIN (Employer Identification Number) is 25-6352924. IRS Form 990 filing data is available on this page for 2020–2024.