Mears Edward B-tr

Foundation · Grantmaker PITTSBURGH, PA EIN: 23-6227228

Mears Edward B-tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 4 grants totaling $115K. Net investment income was $126K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

+0.0% YoY

Annual Giving

$115K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$29K

+0.0% YoY

Under IRS private-foundation payout rules, Mears Edward B-tr reported a distributable amount of $127K for 2024 — the minimum it must pay out in qualifying distributions.

About Mears Edward B-tr

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maine $596K (100%)

States

Maine

Cities

Bar HarborNortheast Harbor

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,220,626	$2,219,759	$2,313,364
Revenue	$145,754	$50,812	$225,658
Expenses	$144,852	$144,398	$158,393
Qualifying Distributions	$126,871	$125,308	$138,310
Net Investment Income	$125,846	$35,175	$208,988
Distributable Amount	$126,855	$116,760	$119,066

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ymca Bar Harbor ($28,721), Mt Desert Island Hospital ($28,721), Maine Seacoast Missionary ($28,721).

Recipient	Purpose	Amount
YMCA BAR HARBOR BAR HARBOR, ME	GENERAL OPERATING	$28,721
MT DESERT ISLAND HOSPITAL BAR HARBOR, ME	GENERAL OPERATING	$28,721
MAINE SEACOAST MISSIONARY NORTHEAST HARBOR, ME	GENERAL OPERATING	$28,721
BAR HARBOR CONGREGATIONAL CHURCH BAR HARBOR, ME	GENERAL OPERATING	$28,721

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BNY MELLON N A	TRUSTEE	1	$29,968

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mears Edward B-tr?

Mears Edward B-tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $2.2M in total assets as of 2024.

How large is Mears Edward B-tr?

As of 2024, Mears Edward B-tr holds $2.2M in total assets with $146K in annual revenue. It awarded 4 grants totaling $115K in 2024.

Where does Mears Edward B-tr operate?

Mears Edward B-tr has awarded grants in Maine.

What size grants does Mears Edward B-tr award?

In 2024, Mears Edward B-tr awarded 4 grants totaling $115K — an average of about $29K per grant, based on its IRS Form 990 filings.

How much is Mears Edward B-tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mears Edward B-tr reported a distributable amount of $127K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.