Myers G Mem Scholarship Trust

PITTSBURGH, PA EIN: 35-6648858

Myers G Mem Scholarship Trust is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $135K in total assets. In 2024, it awarded 4 grants totaling $12K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$135K

-5.1% YoY

Annual Giving

$12K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$3K

+0.0% YoY

Under IRS private-foundation payout rules, Myers G Mem Scholarship Trust reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About Myers G Mem Scholarship Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $60K (100%)

States

Pennsylvania

Cities

Pittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$134,802	$142,100	$153,442
Revenue	$6,973	$2,581	$2,230
Expenses	$14,262	$14,119	$14,612
Qualifying Distributions	$12,870	$13,044	$13,103
Net Investment Income	$5,458	$2,591	$2,163
Distributable Amount	$7,575	$7,327	$7,634

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 Diana Valencia ($3,000), Maria Jacqueline Baez-martinez ($3,000), Carter Harris ($3,000).

Recipient	Purpose	Amount
DIANA VALENCIA PITTSBURGH, PA	SCHOLARSHIP	$3,000
MARIA JACQUELINE BAEZ-MARTINEZ PITTSBURGH, PA	SCHOLARSHIP	$3,000
CARTER HARRIS PITTSBURGH, PA	SCHOLARSHIP	$3,000
ALLISON CONRAD PITTSBURGH, PA	SCHOLARSHIP	$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK N A	TRUSTEE	1	$2,174

Frequently Asked Questions

How large is Myers G Mem Scholarship Trust?

As of 2024, Myers G Mem Scholarship Trust holds $135K in total assets with $7K in annual revenue. It awarded 4 grants totaling $12K in 2024.

Where does Myers G Mem Scholarship Trust operate?

Myers G Mem Scholarship Trust has awarded grants in Pennsylvania.

What size grants does Myers G Mem Scholarship Trust award?

In 2024, Myers G Mem Scholarship Trust awarded 4 grants totaling $12K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Myers G Mem Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Myers G Mem Scholarship Trust reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.