Jerome M Wolff Memorial Trust

Private foundation · Grantmaker Pittsburgh, PA EIN: 22-6331318

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

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Claryville

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150KTotal only2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

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

Frost Valley YMCA: $108KFrost Valley YMCA$108K

The largest 2025 recipient was Frost Valley YMCA ($108K).

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Frost Valley YMCA Claryville, NYGeneral Support$108,424

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 28, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 28, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 12, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 26, 2025)
  7. 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

PNC Bank N a — Trustee: $27KPNC Bank N aTrustee$27K

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.

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