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
Under IRS private-foundation payout rules, John C Pangborn Item Fifteenth reported a distributable amount of $508K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Rca of Baltimore Corp Sole ($158,161), University of Notre Dame Du Lac ($32,319), Mt St Marys College ($32,319).
| Recipient | Purpose | Amount |
|---|---|---|
| GIRL SCOUTS INC NEW YORK, NY | ACTIVITIES IN WASHINGTON, | $2,595 |
| NATIONAL SOCIETY TO PREVENT BLINDNESS CHICAGO, IL | GENERAL USE AND PURPOSES | $2,595 |
| AMERICAN LUNG ASSOCIATION NEWARK, DE | GENERAL USE AND PURPOSES | $2,595 |
| VOLUNTEERS OF AMERICA INC LANHAM, MD | GENERAL USE AND PURPOSES | $2,595 |
| AMERICAN CANCER SOCIETY OKLAHOMA CITY, OK | ACTIVITIES IN WASHINGTON | $2,595 |
| MARCH OF DIMES BIRTH DEFECT FDTN ARLINGTON, VA | ACTIVITIES IN WASHINGTON | $2,595 |
| BOYS CLUB OF AMERICA ATLANTA, GA | ACTIVITIES IN WASHINGTON | $2,595 |
| AMERICAN HEART ASSOCIATION ST PETERSBURG, FL | ACTIVITIES IN WASHINGTON | $2,595 |
| BENEDICTINE SOCIETY OF LATROBE, PA | OPERATING SUPPORT | $9,234 |
| UNIVERSITY OF NOTRE DAME DU LAC SOUTH BEND, IN | PANGBORN SCHOLARSHIP FUND | $32,319 |
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
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does John C Pangborn Item Fifteenth fund?
The foundation provides funding for scholarships, supporting educational opportunities through its grantmaking activities.
What size grants does John C Pangborn Item Fifteenth award?
In 2024, John C Pangborn Item Fifteenth awarded 31 grants totaling $458K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is John C Pangborn Item Fifteenth required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, John C Pangborn Item Fifteenth reported a distributable amount of $508K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is John C Pangborn Item Fifteenth's EIN?
John C Pangborn Item Fifteenth's EIN (Employer Identification Number) is 52-6024502. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in John C Pangborn Item Fifteenth's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.