John Costello TW

Private foundation · Grantmaker Pittsburgh, PA EIN: 23-6201578
Religion

John Costello TW is a private foundation focused on Religion, based in Pittsburgh, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $182K in total assets. In 2025, it awarded 7 grants totaling $9K. Net investment income was $15K.

John Costello TW at a glance

In short: John Costello TW gave $9K across 7 grants in 2025 (avg $1K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$9,235
-20.9% vs 2024
Grants made (2025)
7
+16.7% vs 2024
Average grant
$1,319
-32.2% vs 2024
Median grant
$1,478
Total assets
$181,669
-3.4% vs 2024
Primary geography
Pennsylvania (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who John Costello TW funds

How this funder distributes its grants

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 30 grants of 30 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 7 itemized grants.

States

Cities

PittsburghWilliamsportUniversity Park

How John Costello TW gives

  • Giving fell 92% from 2022 to 2025. Method
  • In 2025 it paid out 197% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2019 1 grant2020 2 grants2021 9 grants2022 6 grants2023 6 grants2024 7 grants2025

From 2019 to 2025, annual grant giving ranged from $3K (2021) to $115K (2022). In 2025 it made 7 grants totaling $9K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
7 individual scholarships Recipients not named —$9,235
Your AI grants department

Ready to take the next step with John Costello TW?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$181,669$17,212$23,666$9,2357$20,853$14,566$10,575
2024$188,043$10,420$25,035$11,6766$22,562$7,947$10,703
2023$202,628$5,642$22,541$12,1136$19,178$2,404$10,489
2022$219,430$324$132,543$114,7909$128,972$2,268$15,182
2021$351,556$24,963$23,211$3,2942$12,902$14,199$117,193
2020$220,872$6,717$14,962$9,7721—$3,025$11,240
2019$229,538$30,578$12,895$8,8761—$27,026$10,866

Under IRS private-foundation payout rules, John Costello TW reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

John Costello TW's only listed officer is PNC Bank N A, Trustee on every filing since 2019 (compensated).

Officers on the 2025 filing

  • PNC Bank N A

    Trustee

    On filings since 2019

    1 hr/week

    $4K (2019) → $4K (2025)

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: $4KPNC Bank N aTrustee$4K

The highest reported compensation on the 2025 filing was $4K, to PNC Bank N a (Trustee).

Frequently asked questions about John Costello TW

How much does John Costello TW give each year?

John Costello TW gave $9K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 6 grants.

What is John Costello TW's typical grant size?

John Costello TW's median grant in 2025 was $1,478, and its average grant was $1,319, across 7 grants on its 2025 IRS Form 990-PF.

Where does John Costello TW give grants?

John Costello TW gives mostly in Pennsylvania: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does John Costello TW give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on John Costello TW's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (7 grants).

How large is John Costello TW?

John Costello TW reported $182K in total assets on its 2025 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).

What is John Costello TW?

John Costello TW is a private foundation focused on Religion, based in Pittsburgh, PA. It holds $182K in total assets as of 2025.

What is John Costello TW's EIN?

John Costello TW's EIN (Employer Identification Number) is 23-6201578. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS March 30, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in John Costello TW's focus areas in our free grants database

Similar Funders

Funders with grantees in common

More similar funders

More Funders in Pennsylvania

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from John Costello TW's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

John Costello TW down — hundreds of funders to go?

Want AI to do this for you?