Jerome M Wolff Memorial Trust

PITTSBURGH, PA EIN: 22-6331318

Jerome M Wolff Memorial 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 $2.2M in total assets. In 2024, it awarded 1 grants totaling $101K. Net investment income was $99K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

-0.3% YoY

Annual Giving

$101K

+9.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$101K

+9.3% YoY

Under IRS private-foundation payout rules, Jerome M Wolff Memorial Trust reported a distributable amount of $123K for 2024 — the minimum it must pay out in qualifying distributions.

About Jerome M Wolff Memorial 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

New York $512K (100%)

States

New York

Cities

Claryville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,183,920	$2,190,964	$2,240,819
Revenue	$120,127	$66,472	$66,492
Expenses	$127,814	$117,194	$149,682
Qualifying Distributions	$106,207	$97,338	$126,089
Net Investment Income	$99,089	$44,296	$46,413
Distributable Amount	$122,524	$111,222	$115,387

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 Frost Valley Ymca ($101,142).

Recipient	Purpose	Amount
FROST VALLEY YMCA CLARYVILLE, NY	GENERAL OPERATING SUPPORT	$101,142

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	5	$25,323

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Jerome M Wolff Memorial Trust?

Jerome M Wolff Memorial Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $2.2M in total assets as of 2024.

How large is Jerome M Wolff Memorial Trust?

As of 2024, Jerome M Wolff Memorial Trust holds $2.2M in total assets with $120K in annual revenue. It awarded 1 grants totaling $101K in 2024.

Where does Jerome M Wolff Memorial Trust operate?

Jerome M Wolff Memorial Trust has awarded grants in New York.

What size grants does Jerome M Wolff Memorial Trust award?

In 2024, Jerome M Wolff Memorial Trust awarded 1 grants totaling $101K — an average of about $101K per grant, based on its IRS Form 990 filings.

How much is Jerome M Wolff Memorial Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jerome M Wolff Memorial Trust reported a distributable amount of $123K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.