Louder Hearn for Milford Hosp

PITTSBURGH, PA EIN: 51-6015403

Louder Hearn for Milford Hosp is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 1 grants totaling $114K. Net investment income was $117K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

-0.1% YoY

Annual Giving

$114K

-4.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$114K

-4.9% YoY

Under IRS private-foundation payout rules, Louder Hearn for Milford Hosp reported a distributable amount of $132K for 2024 — the minimum it must pay out in qualifying distributions.

About Louder Hearn for Milford Hosp

Based on IRS filings

Ready to take the next step with Louder Hearn for Milford Hosp?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Delaware $610K (100%)

States

Delaware

Cities

Milford

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,311,455	$2,314,351	$2,417,804
Revenue	$142,405	$43,559	$-15,787
Expenses	$145,951	$148,732	$173,019
Qualifying Distributions	$120,351	$125,822	$143,853
Net Investment Income	$116,998	$36,816	$30,506
Distributable Amount	$131,755	$120,504	$125,497

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 Bayhealth Medical Center ($114,321).

Recipient	Purpose	Amount
BAYHEALTH MEDICAL CENTER MILFORD, DE	GENERAL SUPPORT	$114,321

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	6	$30,149

Frequently Asked Questions

How large is Louder Hearn for Milford Hosp?

As of 2024, Louder Hearn for Milford Hosp holds $2.3M in total assets with $142K in annual revenue. It awarded 1 grants totaling $114K in 2024.

Where does Louder Hearn for Milford Hosp operate?

Louder Hearn for Milford Hosp has awarded grants in Delaware.

What size grants does Louder Hearn for Milford Hosp award?

In 2024, Louder Hearn for Milford Hosp awarded 1 grants totaling $114K — an average of about $114K per grant, based on its IRS Form 990 filings.

How much is Louder Hearn for Milford Hosp required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Louder Hearn for Milford Hosp reported a distributable amount of $132K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.