Lalitta Nash Mckaig Foundation

PITTSBURGH, PA EIN: 25-6071908

Education Higher education University education

Lalitta Nash Mckaig Foundation is a private foundation focused on Education, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.7M in total assets. In 2024, it awarded 1 grants totaling $636K. Net investment income was $729K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.7M

+0.2% YoY

Annual Giving

$636K

-7.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$636K

-7.3% YoY

Under IRS private-foundation payout rules, Lalitta Nash Mckaig Foundation reported a distributable amount of $706K for 2024 — the minimum it must pay out in qualifying distributions.

About Lalitta Nash Mckaig Foundation

Based on IRS filings

Focus Areas

Education Higher education University education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $2.6M (88%)

Maryland $181K (6%)

West Virginia $146K (5%)

Virginia $14K (0%)

South Carolina $5K (0%)

States

Maryland Pennsylvania South Carolina Virginia West Virginia

Cities

AltoonaAugustaBaltimoreBerlinCaliforniaClarionClemsonCreesonCumberlandEdinboroFairmontFrederickFrostbeurgGrove CityIndianaJohnstownKeyserLorettoLynchburgMchenry

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,734,220	$12,706,907	$12,611,834
Revenue	$792,441	$891,502	$889,052
Expenses	$777,114	$828,469	$744,121
Qualifying Distributions	$709,707	$731,887	$669,810
Net Investment Income	$729,310	$805,186	$826,656
Distributable Amount	$705,742	$682,393	$705,413

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

36 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached Stmt ($636,200).

Recipient	Purpose	Amount
SEE ATTACHED STMT PITTSBURGH, PA	SCHOLARSHIPS	$636,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK N A	TRUSTEE	20	$99,872

Subject Areas

Focus areas based on grantmaking activity

Education Higher education University education

Frequently Asked Questions

What is Lalitta Nash Mckaig Foundation?

Lalitta Nash Mckaig Foundation is a private foundation focused on Education, based in PITTSBURGH, PA. It holds $12.7M in total assets as of 2024.

How large is Lalitta Nash Mckaig Foundation?

As of 2024, Lalitta Nash Mckaig Foundation holds $12.7M in total assets with $792K in annual revenue. It awarded 1 grants totaling $636K in 2024.

Where does Lalitta Nash Mckaig Foundation operate?

Lalitta Nash Mckaig Foundation has awarded grants in Maryland, Pennsylvania, South Carolina, Virginia, West Virginia.

What size grants does Lalitta Nash Mckaig Foundation award?

In 2024, Lalitta Nash Mckaig Foundation awarded 1 grants totaling $636K — an average of about $636K per grant, based on its IRS Form 990 filings.

How much is Lalitta Nash Mckaig Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lalitta Nash Mckaig Foundation reported a distributable amount of $706K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lalitta Nash Mckaig Foundation's EIN?

Lalitta Nash Mckaig Foundation's EIN (Employer Identification Number) is 25-6071908. IRS Form 990 filing data is available on this page for 2020–2024.