Lockhart J M Ally Herc

Foundation · Grantmaker Pittsburgh, PA EIN: 25-6018593

Lockhart J M Ally Herc 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 $81.4M in total assets. In 2024, it awarded 1 grant totaling $4.3M. Net investment income was $4.4M.

Key facts about Lockhart J M Ally Herc

EIN: 25-6018593
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $4,272,040
Grants made (2024): 1
Average grant: $4,272,040
Median grant: $4,272,040
Total assets: $81,373,604
Primary geography: Pennsylvania (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Lockhart J M Ally Herc gives

Giving held roughly steady from 2021 to 2024 (+0%). Method
In 2024 it paid out 96% 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.

Next steps with Lockhart J M Ally Herc

How to evaluate Lockhart J M Ally Herc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Lockhart J M Ally Herc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$81.4M

+0.2% YoY

Annual Giving

$4.3M

-0.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$4.3M

-0.8% YoY

Under IRS private-foundation payout rules, Lockhart J M Ally Herc reported a distributable amount of $4.6M for 2024 — the minimum it must pay out in qualifying distributions.

About Lockhart J M Ally Herc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with Lockhart J M Ally Herc?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $4.3M (100%)

Share of all 1 itemized 2024 grant dollars.

States

Pennsylvania

Cities

Pittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$81,373,604	$81,209,485	$72,926,415
Revenue	$4,949,042	$13,537,899	$6,530,533
Expenses	$5,023,763	$5,122,172	$5,420,501
Qualifying Distributions	$4,421,677	$4,417,525	$5,077,018
Net Investment Income	$4,385,586	$12,989,830	$6,225,180
Distributable Amount	$4,604,359	$4,180,543	$4,727,869

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

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 recipients include Allegheny General Hospital ($4,272,040).

Recipient	Purpose	Amount
ALLEGHENY GENERAL HOSPITAL Pittsburgh, PA	GENERAL OPERATING	$4,272,040

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Bny Mellon N a	Trustee	1	$374,092

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Lockhart J M Ally Herc?

Lockhart J M Ally Herc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pittsburgh, PA. It holds $81.4M in total assets as of 2024.

How large is Lockhart J M Ally Herc?

As of 2024, Lockhart J M Ally Herc holds $81.4M in total assets with $4.9M in annual revenue. It awarded 1 grant totaling $4.3M in 2024.

Where does Lockhart J M Ally Herc operate?

Lockhart J M Ally Herc has awarded grants in Pennsylvania.

What size grants does Lockhart J M Ally Herc award?

In 2024, Lockhart J M Ally Herc awarded 1 grant totaling $4.3M — an average of about $4.3M per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lockhart J M Ally Herc reported a distributable amount of $4.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.