McFerran Chair in Pediatric
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.
McFerran Chair in Pediatric at a glance
In short: McFerran Chair in Pediatric gave $143K across 2 grants in 2025 (avg $71K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $142,741
- -5.9% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $71,371
- -5.9% vs 2024
- Median grant
- $71,371
- Total assets
- $2,625,229
- +2.6% vs 2024
- Primary geography
- Kentucky (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 McFerran Chair in Pediatric funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was The Childrens Hospital Foundation ($103K). Together the top 2 received $143K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $100–250K range: 6 grants of 10 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $127K (2020) to $209K (2022). In 2025 it made 2 grants totaling $143K.
Grants by year
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 |
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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 | $2,625,229 | $239,848 | $174,229 | $142,741 | 2 | $148,548 | $212,878 | $151,356 |
| 2024 | $2,558,823 | $175,328 | $189,819 | $151,620 | 2 | $157,221 | $151,466 | $144,847 |
| 2023 | $2,574,638 | $389,956 | $186,583 | $159,250 | 2 | $172,332 | $373,553 | $129,484 |
| 2022 | $2,371,716 | $99,444 | $243,998 | $209,120 | 2 | $223,146 | $84,742 | $144,737 |
| 2021 | $2,513,405 | $264,222 | $161,996 | $129,960 | 2 | $145,354 | $245,292 | $163,456 |
| 2020 | $2,412,327 | $62,900 | $160,365 | $127,441 | 2 | — | $48,177 | $138,822 |
| 2019 | $2,510,749 | $375,353 | $160,702 | $134,632 | 2 | — | $362,765 | $134,557 |
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.
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
The highest reported compensation on the 2025 filing was $29K, to PNC Bank N a (Trustee).
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). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does McFerran Chair in Pediatric operate?
McFerran Chair in Pediatric has awarded grants in Kentucky.
What is McFerran Chair in Pediatric's EIN?
McFerran Chair in Pediatric's EIN (Employer Identification Number) is 61-6022903. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 26, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 24, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 17, 2024)
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