Lockhart J M Ally Herc 1

Foundation · Grantmaker PITTSBURGH, PA EIN: 25-6018602

Lockhart J M Ally Herc 1 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 $14.1M in total assets. In 2024, it awarded 1 grants totaling $722K. Net investment income was $1.0M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$14.1M

+2.0% YoY

Annual Giving

$722K

+1.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$722K

+1.1% YoY

Under IRS private-foundation payout rules, Lockhart J M Ally Herc 1 reported a distributable amount of $790K for 2024 — the minimum it must pay out in qualifying distributions.

About Lockhart J M Ally Herc 1

Based on IRS filings

Lockhart J M Ally Herc 1 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 $14.1M in total assets. In 2024, it awarded 1 grants totaling $722K. Net investment income was $1.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Pittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$678K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$14,097,324$13,826,631$12,176,578
Revenue$1,057,187$2,466,460$1,047,934
Expenses$793,297$805,198$952,740
Qualifying Distributions$747,673$734,017$893,403
Net Investment Income$1,012,954$2,428,013$1,004,067
Distributable Amount$790,486$703,972$808,685

Giving Over Time

Total grant dollars and number of grants per year

$0$218K$437K$655K$873K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

ALLEGHENY HEALTH NETWORK$722K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K5$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Allegheny Health Network ($722,300).

RecipientPurposeAmount
ALLEGHENY HEALTH NETWORK PITTSBURGH, PAGENERAL OPERATING PURPOSES$722,300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BNY MELLON N ATRUSTEE$63K

From 2024 filing

NameTitleHoursCompensation
BNY MELLON N ATRUSTEE1$63,433

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lockhart J M Ally Herc 1?

Lockhart J M Ally Herc 1 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $14.1M in total assets as of 2024.

How large is Lockhart J M Ally Herc 1?

As of 2024, Lockhart J M Ally Herc 1 holds $14.1M in total assets with $1.1M in annual revenue. It awarded 1 grants totaling $722K in 2024.

Where does Lockhart J M Ally Herc 1 operate?

Lockhart J M Ally Herc 1 has awarded grants in Pennsylvania.

What size grants does Lockhart J M Ally Herc 1 award?

In 2024, Lockhart J M Ally Herc 1 awarded 1 grants totaling $722K — an average of about $722K per grant, based on its IRS Form 990 filings.

How much is Lockhart J M Ally Herc 1 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lockhart J M Ally Herc 1 reported a distributable amount of $790K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lockhart J M Ally Herc 1's EIN?

Lockhart J M Ally Herc 1's EIN (Employer Identification Number) is 25-6018602. 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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