McFerran Chair in Pediatric

Q: How large is McFerran Chair in Pediatric?

McFerran Chair in Pediatric reported $2.6M in total assets on its 2025 IRS Form 990-PF. It paid out $149K in qualifying distributions that year, against a required minimum of $151K (roughly 5% of its investment assets).

Foundation · Grantmaker Pittsburgh, PA EIN: 61-6022903

McFerran Chair in Pediatric is a private foundation, based in Pittsburgh, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.6M in total assets. In 2025, it awarded 2 grants totaling $143K. Net investment income was $213K.

Key facts about McFerran Chair in Pediatric

In short: McFerran Chair in Pediatric gave $143K across 2 grants in 2025 (avg $71K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

EIN: 61-6022903
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $142,741
Grants made (2025): 2
Average grant: $71,371
Median grant: $71,371
Total assets: $2,625,229
Primary geography: Kentucky (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.6M

+2.6% YoY

Annual Giving

$143K

-5.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$71K

-5.9% YoY

Under IRS private-foundation payout rules, McFerran Chair in Pediatric reported a distributable amount of $151K for 2025 — the minimum it must pay out in qualifying distributions.

How McFerran Chair in Pediatric gives

Giving fell 32% from 2022 to 2025. Method
In 2025 it paid out 98% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $143K (100%)

Share of all 2 itemized 2025 grant dollars.

States

Kentucky

Cities

Louisville

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Recipient	Purpose	Amount
THE CHILDRENS HOSPITAL FOUNDATION Louisville, KY	GENERAL SUPPORT	$103,218
UNIVERSITY OF LOUISVILLE Louisville, KY	GENERAL SUPPORT	$39,523

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$2,625,229	$2,558,823	$2,574,638
Revenue	$239,848	$175,328	$389,956
Expenses	$174,229	$189,819	$186,583
Qualifying Distributions	$148,548	$157,221	$172,332
Net Investment Income	$212,878	$151,466	$373,553
Distributable Amount	$151,356	$144,847	$129,484

Data update history

When this profile's IRS filing data changed on Grantable

September 27, 2026 Updated Form 990-PF for fiscal year 2019 (received by the IRS April 24, 2020)
September 27, 2026 Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
September 27, 2026 Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
September 27, 2026 Updated Form 990-PF for fiscal year 2022 (received by the IRS May 3, 2023)
September 27, 2026 Updated Form 990-PF for fiscal year 2023 (received by the IRS April 17, 2024)
September 27, 2026 Updated Form 990-PF for fiscal year 2024 (received by the IRS April 26, 2025)
September 27, 2026 Updated Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
September 26, 2026 Added Form 990-PF for fiscal year 2019 (received by the IRS April 24, 2020)
September 26, 2026 Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
September 26, 2026 Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
September 26, 2026 Updated Form 990-PF for fiscal year 2022 (received by the IRS May 3, 2023)
September 26, 2026 Updated Form 990-PF for fiscal year 2023 (received by the IRS April 17, 2024)

Leadership & Key People

Officers and directors from IRS filings

McFerran Chair in Pediatric's only listed officer is PNC Bank N A, Trustee on the 2025 filing (compensated).

Officers on the 2025 filing

PNC Bank N A

Trustee

New on the 2025 filing

1 hr/week

$29K (2025)

Former officers (1)

Former: PNC Bank NA (2019–2024) — Trustee

Data from IRS Form 990 filings, 2019–2025. "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

Frequently asked questions about McFerran Chair in Pediatric

How much does McFerran Chair in Pediatric give each year?

McFerran Chair in Pediatric gave $143K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $152K across 2 grants.

How large is McFerran Chair in Pediatric?

McFerran Chair in Pediatric reported $2.6M in total assets on its 2025 IRS Form 990-PF. It paid out $149K in qualifying distributions that year, against a required minimum of $151K (roughly 5% of its investment assets).