Katherine S Avellar Fund 3 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 $3.3M in total assets. In 2024, it awarded 1 grants totaling $276K. Net investment income was $423K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+4.2% YoY
Annual Giving
$276K
-4.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$276K
-4.2% YoY
Under IRS private-foundation payout rules, Katherine S Avellar Fund 3 reported a distributable amount of $305K for 2024 — the minimum it must pay out in qualifying distributions.
About Katherine S Avellar Fund 3
Based on IRS filings
Katherine S Avellar Fund 3 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 $3.3M in total assets. In 2024, it awarded 1 grants totaling $276K. Net investment income was $423K.
Focus Areas
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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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,287,032 | $3,154,237 | $3,281,152 |
| Revenue | $478,487 | $227,116 | $361,740 |
| Expenses | $345,251 | $354,044 | $397,202 |
| Qualifying Distributions | $289,252 | $291,077 | $323,171 |
| Net Investment Income | $422,811 | $163,564 | $299,780 |
| Distributable Amount | $305,298 | $278,955 | $291,190 |
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 Jefferson Co Public Schools ($275,809).
| Recipient | Purpose | Amount |
|---|---|---|
| JEFFERSON CO PUBLIC SCHOOLS LOUISVILLE, KY | GENERAL SUPPORT | $275,809 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PNC BANK NA | CO-TRUSTEE | 15 | $67,217 |
| CHAIRMAN OF THE BOARD OF JEFFERSON | CO-TRUSTEE | 1 | — |
| SUPERINTENDENT OF SCHOOLS OF JEFFER | CO-TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Katherine S Avellar Fund 3?
Katherine S Avellar Fund 3 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $3.3M in total assets as of 2024.
How large is Katherine S Avellar Fund 3?
As of 2024, Katherine S Avellar Fund 3 holds $3.3M in total assets with $478K in annual revenue. It awarded 1 grants totaling $276K in 2024.
Where does Katherine S Avellar Fund 3 operate?
Katherine S Avellar Fund 3 has awarded grants in Kentucky.
What size grants does Katherine S Avellar Fund 3 award?
In 2024, Katherine S Avellar Fund 3 awarded 1 grants totaling $276K — an average of about $276K per grant, based on its IRS Form 990 filings.
How much is Katherine S Avellar Fund 3 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Katherine S Avellar Fund 3 reported a distributable amount of $305K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Katherine S Avellar Fund 3's EIN?
Katherine S Avellar Fund 3's EIN (Employer Identification Number) is 61-6139922. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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