Leonard a & Dorothy E Talone Foundation

PITTSBURGH, PA EIN: 25-6612774

Leonard a & Dorothy E Talone Foundation 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 $94K in total assets. In 2024, it awarded 1 grants totaling $6K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$94K

+2.4% YoY

Annual Giving

$6K

-2.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

-2.9% YoY

Under IRS private-foundation payout rules, Leonard a & Dorothy E Talone Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Leonard a & Dorothy E Talone Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $32K (100%)

States

Pennsylvania

Cities

Philadelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$93,559	$91,402	$94,960
Revenue	$9,267	$3,995	$14,714
Expenses	$7,033	$7,426	$8,019
Qualifying Distributions	$6,362	$6,566	$7,433
Net Investment Income	$8,496	$3,362	$14,031
Distributable Amount	$7,077	$6,380	$6,575

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 Catholic Charities Appeal of the ($6,196).

Recipient	Purpose	Amount
CATHOLIC CHARITIES APPEAL OF THE PHILADELPHIA, PA	GENERAL SUPPORT	$6,196

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	1	$830

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Leonard a & Dorothy E Talone Foundation?

Leonard a & Dorothy E Talone Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $94K in total assets as of 2024.

How large is Leonard a & Dorothy E Talone Foundation?

As of 2024, Leonard a & Dorothy E Talone Foundation holds $94K in total assets with $9K in annual revenue. It awarded 1 grants totaling $6K in 2024.

Where does Leonard a & Dorothy E Talone Foundation operate?

Leonard a & Dorothy E Talone Foundation has awarded grants in Pennsylvania.

What size grants does Leonard a & Dorothy E Talone Foundation award?

In 2024, Leonard a & Dorothy E Talone Foundation awarded 1 grants totaling $6K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Leonard a & Dorothy E Talone Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Leonard a & Dorothy E Talone Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Leonard a & Dorothy E Talone Foundation's EIN?

Leonard a & Dorothy E Talone Foundation's EIN (Employer Identification Number) is 25-6612774. IRS Form 990 filing data is available on this page for 2020–2024.