Lola B Nuse for Charities

PITTSBURGH, PA EIN: 23-6201218

Lola B Nuse for Charities is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $861K in total assets. In 2024, it awarded 3 grants totaling $40K. Net investment income was $120K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$861K

+9.9% YoY

Annual Giving

$40K

-5.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$13K

-5.3% YoY

Under IRS private-foundation payout rules, Lola B Nuse for Charities reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.

About Lola B Nuse for Charities

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $214K (100%)

States

Pennsylvania

Cities

Titusville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$861,448	$784,173	$773,422
Revenue	$129,334	$63,597	$62,033
Expenses	$51,886	$52,680	$61,136
Qualifying Distributions	$42,056	$42,582	$48,511
Net Investment Income	$120,164	$53,355	$51,684
Distributable Amount	$43,419	$40,364	$42,616

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First United Presbyterian Church ($19,932), Titusville Area Health Center ($9,966), Associated Charities of Titusville ($9,966).

Recipient	Purpose	Amount
FIRST UNITED PRESBYTERIAN CHURCH TITUSVILLE, PA	GENERAL SUPPORT	$19,932
TITUSVILLE AREA HEALTH CENTER TITUSVILLE, PA	GENERAL SUPPORT	$9,966
ASSOCIATED CHARITIES OF TITUSVILLE TITUSVILLE, PA	GENERAL SUPPORT	$9,966

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK NA	TRUSTEE	2	$10,962

Frequently Asked Questions

How large is Lola B Nuse for Charities?

As of 2024, Lola B Nuse for Charities holds $861K in total assets with $129K in annual revenue. It awarded 3 grants totaling $40K in 2024.

Where does Lola B Nuse for Charities operate?

Lola B Nuse for Charities has awarded grants in Pennsylvania.

What size grants does Lola B Nuse for Charities award?

In 2024, Lola B Nuse for Charities awarded 3 grants totaling $40K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Lola B Nuse for Charities required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lola B Nuse for Charities reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.