Montgomery Mildred R - Char Trust

PITTSBURGH, PA EIN: 23-7688031

Montgomery Mildred R - Char Trust is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 9 grants totaling $120K. Net investment income was $193K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+2.2% YoY

Annual Giving

$120K

+6.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$13K

+6.5% YoY

Under IRS private-foundation payout rules, Montgomery Mildred R - Char Trust reported a distributable amount of $132K for 2024 — the minimum it must pay out in qualifying distributions.

About Montgomery Mildred R - Char Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $579K (89%)

Texas $22K (3%)

Maryland $21K (3%)

Oklahoma $15K (2%)

Florida $14K (2%)

States

Florida Maryland Oklahoma Pennsylvania Texas

Cities

ConshohockenDallasHagerstownOklahoma CityPhiladelphiaSt Petersburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,556,223	$2,500,416	$2,425,167
Revenue	$213,877	$221,229	$160,017
Expenses	$157,990	$145,133	$188,154
Qualifying Distributions	$133,408	$124,512	$158,061
Net Investment Income	$192,907	$199,849	$137,126
Distributable Amount	$132,285	$121,694	$128,238

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

46 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Memorial Church of the Good Shepherd ($46,668), The Philadelphia Orchestra Assn ($20,004), Philadelphia Museum of Art ($13,332).

Recipient	Purpose	Amount
AMERICAN CANCER SOCIETY HAGERSTOWN, MD	GENERAL OPERATING	$6,672
AMERICAN HEART ASSOCIATION ST PETERSBURG, FL	GENERAL OPERATING	$6,672
PA ACADEMY OF FINE ARTS PHILADELPHIA, PA	GENERAL OPERATING	$6,672
THE PHILADELPHIA ORCHESTRA ASSN PHILADELPHIA, PA	GENERAL OPERATING	$20,004
UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PA	GENERAL OPERATING	$6,672
MEMORIAL CHURCH OF THE GOOD SHEPHERD PHILADELPHIA, PA	GENERAL OPERATING	$46,668
PHILADELPHIA MUSEUM OF ART PHILADELPHIA, PA	GENERAL OPERATING	$13,332
MONTGOMERY COUNTY SPCA CONSHOHOCKEN, PA	GENERAL OPERATING	$6,672
INDEP NATL HISTORIC PARK PHILADELPHIA, PA	GENERAL OPERATING	$6,672

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	$33,430

Frequently Asked Questions

How large is Montgomery Mildred R - Char Trust?

As of 2024, Montgomery Mildred R - Char Trust holds $2.6M in total assets with $214K in annual revenue. It awarded 9 grants totaling $120K in 2024.

Where does Montgomery Mildred R - Char Trust operate?

Montgomery Mildred R - Char Trust has awarded grants in Florida, Maryland, Oklahoma, Pennsylvania, Texas.

What size grants does Montgomery Mildred R - Char Trust award?

In 2024, Montgomery Mildred R - Char Trust awarded 9 grants totaling $120K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Montgomery Mildred R - Char Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Montgomery Mildred R - Char Trust reported a distributable amount of $132K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Montgomery Mildred R - Char Trust's EIN?

Montgomery Mildred R - Char Trust's EIN (Employer Identification Number) is 23-7688031. IRS Form 990 filing data is available on this page for 2020–2024.