Jerome M Wolff Memorial Trust
Jerome M Wolff Memorial Trust is a private foundation, based in Pittsburgh, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 1 grant totaling $108K. Net investment income was $153K.
Key facts about Jerome M Wolff Memorial Trust
In short: Jerome M Wolff Memorial Trust gave $108K across 1 grant in 2025 (avg $108K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 22-6331318
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $108,424
- Grants made (2025)
- 1
- Average grant
- $108,424
- Median grant
- $108,424
- Total assets
- $2,220,855
- Primary geography
- New York (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.2M
+1.7% YoY
Annual Giving
$108K
+7.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$108K
+7.2% YoY
Under IRS private-foundation payout rules, Jerome M Wolff Memorial Trust reported a distributable amount of $129K for 2025 — the minimum it must pay out in qualifying distributions.
How Jerome M Wolff Memorial Trust gives
- Giving held roughly steady from 2022 to 2025 (−8%). Method
- In 2025 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990 filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $74K (2019) to $118K (2022). In 2025 it made 1 grant totaling $108K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Frost Valley YMCA ($108K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 5 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Frost Valley YMCA Claryville, NY | General Support | $108,424 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,220,855 | $2,183,920 | $2,190,964 |
| Revenue | $175,287 | $120,127 | $66,472 |
| Expenses | $138,404 | $127,814 | $117,194 |
| Qualifying Distributions | $113,779 | $106,207 | $97,338 |
| Net Investment Income | $152,783 | $99,089 | $44,296 |
| Distributable Amount | $129,068 | $122,524 | $111,222 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 28, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 28, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 26, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS May 8, 2020)
Leadership & Key People
Officers and directors from IRS filings
Jerome M Wolff Memorial Trust's only listed officer is PNC Bank N A, Trustee since 2022 (on filings since 2020) (compensated).
Officers on the 2025 filing
PNC Bank N A
Trustee
Co-Trustee → Trustee, 2022
On filings since 2020
1 hr/week
$19K (2020) → $27K (2025)
Former officers (1)
- Former: Robert B. Haines Esq. (2019–2021) — Co-Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $27K, to PNC Bank N a (Trustee).
Frequently asked questions about Jerome M Wolff Memorial Trust
How much does Jerome M Wolff Memorial Trust give each year?
Jerome M Wolff Memorial Trust gave $108K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $101K across 1 grant.
How large is Jerome M Wolff Memorial Trust?
Jerome M Wolff Memorial Trust reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $114K in qualifying distributions that year, against a required minimum of $129K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Jerome M Wolff Memorial Trust operate?
Jerome M Wolff Memorial Trust has awarded grants in New York.
What is Jerome M Wolff Memorial Trust's EIN?
Jerome M Wolff Memorial Trust's EIN (Employer Identification Number) is 22-6331318. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Jerome M Wolff Memorial Trust by hand.
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