Louise & Ferdinand Mulert Fund
Louise & Ferdinand Mulert Fund 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 $758K in total assets. In 2025, it awarded 1 grant totaling $70K. Net investment income was $55K.
Louise & Ferdinand Mulert Fund at a glance
In short: Louise & Ferdinand Mulert Fund gave $70K across 1 grant in 2025 (avg $70K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $69,588
- +83.4% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $69,588
- +83.4% vs 2024
- Median grant
- $69,588
- Total assets
- $757,829
- -1.2% vs 2024
- Primary geography
- Pennsylvania (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Louise & Ferdinand Mulert Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was University of Pittsburgh ($70K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Louise & Ferdinand Mulert Fund gives
- Giving held roughly steady from 2022 to 2025 (+2%). Method
- In 2025 it paid out 140% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $38K (2024) to $77K (2020). In 2025 it made 1 grant totaling $70K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Pittsburgh Pittsburgh, PA | General Support | $69,588 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $757,829 | $64,751 | $81,670 | $69,588 | 1 | $71,784 | $55,481 | $51,421 |
| 2024 | $767,417 | $38,871 | $48,597 | $37,953 | 1 | $39,994 | $30,287 | $71,629 |
| 2023 | $747,773 | $20,114 | $50,825 | $40,982 | 1 | $41,466 | $10,005 | $38,437 |
| 2022 | $778,039 | $355 | $79,501 | $67,968 | 1 | $68,447 | $8,817 | $41,461 |
| 2021 | $856,546 | $82,245 | $80,841 | $68,419 | 1 | $69,029 | $68,533 | $68,578 |
| 2020 | $834,399 | $24,599 | $90,777 | $76,811 | 1 | — | $14,066 | $68,934 |
Under IRS private-foundation payout rules, Louise & Ferdinand Mulert Fund reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Louise & Ferdinand Mulert Fund's only listed officer is PNC Bank N A, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
PNC Bank N A
Trustee
On filings since 2020
1 hr/week
$10K (2020) → $11K (2025)
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
The highest reported compensation on the 2025 filing was $11K, to PNC Bank N a (Trustee).
Frequently asked questions about Louise & Ferdinand Mulert Fund
How much does Louise & Ferdinand Mulert Fund give each year?
Louise & Ferdinand Mulert Fund gave $70K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $38K across 1 grant.
How large is Louise & Ferdinand Mulert Fund?
Louise & Ferdinand Mulert Fund reported $758K in total assets on its 2025 IRS Form 990-PF. It paid out $72K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets).
What is Louise & Ferdinand Mulert Fund?
Louise & Ferdinand Mulert Fund is a private foundation focused on Education, based in Pittsburgh, PA. It holds $758K in total assets as of 2025.
Where does Louise & Ferdinand Mulert Fund operate?
Louise & Ferdinand Mulert Fund has awarded grants in Pennsylvania.
What is Louise & Ferdinand Mulert Fund's EIN?
Louise & Ferdinand Mulert Fund's EIN (Employer Identification Number) is 25-6024013. 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.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2020–2024
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