Lewis & Marg Herndon Fund B Tuw

Private foundation · Grantmaker Pittsburgh, PA EIN: 61-6042421
EducationHealthHuman services

Lewis & Marg Herndon Fund B Tuw is a private foundation focused on Education, based in Pittsburgh, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.1M in total assets. In 2025, it awarded 5 grants totaling $20K. Net investment income was $106K.

Key facts about Lewis & Marg Herndon Fund B Tuw

In short: Lewis & Marg Herndon Fund B Tuw gave $20K across 5 grants in 2025 (avg $4K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

EIN
61-6042421
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$20,186
Grants made (2025)
5
Average grant
$4,037
Median grant
$2,243
Total assets
$2,064,005
Primary geography
Kentucky (89% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.1M

+3.9% YoY

Annual Giving

$20K

-90.2% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$4K

-90.2% YoY

Under IRS private-foundation payout rules, Lewis & Marg Herndon Fund B Tuw reported a distributable amount of $122K for 2025 — the minimum it must pay out in qualifying distributions.

How Lewis & Marg Herndon Fund B Tuw gives

  • Giving fell 80% from 2022 to 2025. Method
  • In 2025 it paid out 21% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

LouisvilleDanvilleLancasterWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K5 grants2020 4 grants2021 4 grants2022 4 grants2023 5 grants2024 5 grants2025

From 2020 to 2025, annual grant giving ranged from $20K (2025) to $207K (2024). In 2025 it made 5 grants totaling $20K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Childrens Hospital Foundation Inc: $9KChildrens Hospital FoundationInc$9KKosair Charities Committee Inc: $4KKosair Charities Committee Inc$4KAmerican Red Cross: $2KAmerican Red Cross$2KCentre College of Kentucky: $2KCentre College of Kentucky$2KFirst Presbyterian Church of: $2KFirst Presbyterian Church of$2K

The largest 2025 recipient was Childrens Hospital Foundation Inc ($9K). Together the top 5 received $20K.

Grant Size Distribution

22 grants across all recorded years

18<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 22 (82%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Childrens Hospital Foundation Inc Louisville, KYGeneral Support$8,971
Kosair Charities Committee Inc Louisville, KYGeneral Support$4,486
American Red Cross Washington, DCGeneral Support$2,243
Centre College of Kentucky Danville, KYGeneral Support$2,243
First Presbyterian Church of Lancaster, KYGeneral Support of Church$2,243

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,064,005$1,986,021$2,102,063
Revenue$128,801$122,873$11,170
Expenses$51,003$238,229$141,295
Qualifying Distributions$25,901$215,904$128,053
Net Investment Income$105,942$101,300$41,133
Distributable Amount$122,222$116,931$110,787

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Lewis & Marg Herndon Fund B Tuw's only listed officer is PNC Bank N A, Trustee on every filing since 2023 (compensated).

Officers on the 2025 filing

  • PNC Bank N A

    Trustee

    On filings since 2023

    1 hr/week

    $26K (2023) → $29K (2025)

Former officers (1)
  • Former: PNC Bank NA (2020–2022) — Trustee

Data from IRS Form 990 filings, 2020–2025. "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: $29KPNC Bank N aTrustee$29K

The highest reported compensation on the 2025 filing was $29K, to PNC Bank N a (Trustee).

Frequently asked questions about Lewis & Marg Herndon Fund B Tuw

How much does Lewis & Marg Herndon Fund B Tuw give each year?

Lewis & Marg Herndon Fund B Tuw gave $20K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $207K across 5 grants.

What is Lewis & Marg Herndon Fund B Tuw's typical grant size?

Lewis & Marg Herndon Fund B Tuw's median grant in 2025 was $2,243, and its average grant was $4,037, across 5 grants on its 2025 IRS Form 990-PF.

Where does Lewis & Marg Herndon Fund B Tuw give grants?

Lewis & Marg Herndon Fund B Tuw gives mostly in Kentucky: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (11%). The most frequent recipient cities were Louisville, KY (2 grants).

Does Lewis & Marg Herndon Fund B Tuw give general operating support?

Yes: 100% of Lewis & Marg Herndon Fund B Tuw's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Lewis & Marg Herndon Fund B Tuw's largest grantees?

Lewis & Marg Herndon Fund B Tuw's largest 2025 grantees include Childrens Hospital Foundation Inc ($8,971), Kosair Charities Committee Inc ($4,486) and American Red Cross ($2,243), according to its 2025 IRS Form 990-PF. Together they received 78% of its itemized 2025 grant dollars.

How large is Lewis & Marg Herndon Fund B Tuw?

Lewis & Marg Herndon Fund B Tuw reported $2.1M in total assets on its 2025 IRS Form 990-PF. It paid out $26K in qualifying distributions that year, against a required minimum of $122K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Lewis & Marg Herndon Fund B Tuw?

Lewis & Marg Herndon Fund B Tuw is a private foundation focused on Education, based in Pittsburgh, PA. It holds $2.1M in total assets as of 2025.

What is Lewis & Marg Herndon Fund B Tuw's EIN?

Lewis & Marg Herndon Fund B Tuw's EIN (Employer Identification Number) is 61-6042421. IRS Form 990 filing data is available on this page for 2020–2025.

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

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