Legacy Arconic Foundation Fka Arconic

PITTSBURGH, PA EIN: 81-1839587

Legacy Arconic Foundation Fka Arconic is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available for 2020. In 2020, it awarded 2 grants totaling $12K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$12K

Grant Count

Avg Grant Size

$6K

Under IRS private-foundation payout rules, Legacy Arconic Foundation Fka Arconic reported a distributable amount of $4.3M for 2020 — the minimum it must pay out in qualifying distributions.

About Legacy Arconic Foundation Fka Arconic

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Legacy Arconic Foundation Fka Arconic?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $2K (100%)

States

Tennessee

Cities

Nashville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	—
Revenue	$-1,078,946
Expenses	$1,398,903
Qualifying Distributions	—
Net Investment Income	—
Distributable Amount	$4,257,193

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2020

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Joetsu Planet ($10,000), American Educational Assistance Foundation ($2,000).

Recipient	Purpose	Amount
AMERICAN EDUCATIONAL ASSISTANCE FOUNDATION NASHVILLE, TN	SONS & DAUGHTERS SCHOLARSHIP AWARDS	$2,000
JOETSU PLANET	REDUCTION OF CARBON DIOXIDE BY CHANGING LIGHTING TO LED	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
NEIL MARCHUK	PRESIDENT, DIRECTOR	10	—
DEAN E WILL	TREASURER	20	—
ELS BAUM	SECRETARY	10	—
EZRA OZER TERM 52020	PRESIDENT AND TREASURER, DIRECTOR	10	—
KENNETH J GIACOBBE	DIRECTOR	0.35	—
TIMOTHY D MYERS	DIRECTOR	0.35	—
VITALITY V RUSAKOV	DIRECTOR	0.35	—
MAXIM SMIRNOV	DIRECTOR	0.35	—
BRUCE E THOMPSON TERM 32020	DIRECTOR	0.35	—
SUZANNE VAN DE RAADT TERM 52020	SECRETARY	0.35	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Legacy Arconic Foundation Fka Arconic?

Legacy Arconic Foundation Fka Arconic is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds — in total assets as of 2020.

Where does Legacy Arconic Foundation Fka Arconic operate?

Legacy Arconic Foundation Fka Arconic has awarded grants in Tennessee.

What size grants does Legacy Arconic Foundation Fka Arconic award?

In 2020, Legacy Arconic Foundation Fka Arconic awarded 2 grants totaling $12K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Legacy Arconic Foundation Fka Arconic required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Legacy Arconic Foundation Fka Arconic reported a distributable amount of $4.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Legacy Arconic Foundation Fka Arconic's EIN?

Legacy Arconic Foundation Fka Arconic's EIN (Employer Identification Number) is 81-1839587. IRS Form 990 filing data is available on this page for 2020.