John C Pangborn Item Fifteenth
John C Pangborn Item Fifteenth is an independent foundation designated as a 4947(a)(1) non-exempt charitable trust, based in Pittsburgh, Pennsylvania. The organization operates as a private foundation with a focus on educational philanthropy.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.5M
-1.1% YoY
Annual Giving
$458K
-4.5% YoY
Grant Count
31
+0.0% YoY
Avg Grant Size
$15K
-4.5% YoY
Mission & Focus Areas
The foundation provides funding for scholarships, supporting educational opportunities through its grantmaking activities.
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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
As of December 2024:
- Total Assets: $8,526,964
- Annual Revenue: $468,785
- Annual Expenses: $560,773
- Net Income: -$91,988
- Total Liabilities: $0
Revenue Composition (2024):
- Dividends: $267,289 (57.0% of total revenue)
- Sales of Assets: $201,496 (43.0% of total revenue)
- Contributions Received: $0
- Interest Revenue: $0
Expense Allocation (2024):
- Charitable Disbursements: $476,913 (85.0% of total expenses)
- Compensation of Officers: $94,832 (16.9% of total expenses)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,526,964 | $8,621,385 | $8,905,448 |
| Revenue | $468,785 | $283,710 | $-296,953 |
| Expenses | $560,773 | $577,784 | $659,807 |
| Qualifying Distributions | $476,913 | $483,997 | $562,013 |
| Net Investment Income | $386,103 | $188,081 | $138,462 |
| Distributable Amount | $507,832 | $465,505 | $488,382 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
158 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PNC BANK | TRUSTEE | 19 | $94,832 |
Contact Information
Address: 500 1st Ave, Pittsburgh, PA 15219-3128
Telephone: 216-222-3075
EIN: 52-6024502
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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