Natl 4TH Ivy Div Assn Sch FD
Natl 4TH Ivy Div Assn Sch FD is a private foundation focused on Academics, based in Pittsburgh, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $79K in total assets. In 2025, it awarded 9 grants totaling $10K. Net investment income was $3K.
Natl 4TH Ivy Div Assn Sch FD at a glance
In short: Natl 4TH Ivy Div Assn Sch FD gave $10K across 9 grants in 2025 (avg $1K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $10,000
- +0.0% vs 2024
- Grants made (2025)
- 9
- +28.6% vs 2024
- Average grant
- $1,111
- -22.2% vs 2024
- Median grant
- $1,000
- Total assets
- $79,353
- +18.9% vs 2024
- Primary geography
- Pennsylvania (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 Natl 4TH Ivy Div Assn Sch FD funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Conner Reese Co PNC Bank ($2K). Together the top 9 received $10K.
Grant Size Distribution
41 grants across all recorded years
The most common grant size was under $50K: 41 grants of 41 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
Cities
How Natl 4TH Ivy Div Assn Sch FD gives
- Giving held roughly steady from 2022 to 2025 (+11%). Method
- In 2025 it paid out 43% 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 $7K (2023) to $10K (2019). In 2025 it made 9 grants totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Conner Reese Co PNC Bank Pittsburgh, PA | Scholarship | $2,000 |
| Alice Pickett Co PNC Bank Pittsburgh, PA | Scholarship | $1,000 |
| David Sayour Co PNC Bank Pittsburgh, PA | Scholarship | $1,000 |
| Ellie Sandifer Co PNC Bank Pittsburgh, PA | Scholarship | $1,000 |
| Joseph Sepanic Co PNC Bank Pittsburgh, PA | Scholarship | $1,000 |
| Joshua Grunwald Co PNC Bank Pittsburgh, PA | Scholarship | $1,000 |
| Lindsay Jacob Co PNC Bank Pittsburgh, PA | Scholarship | $1,000 |
| Micah Cash Co PNC Bank Pittsburgh, PA | Scholarship | $1,000 |
| William S Fricks Co PNC Bank Pittsburgh, PA | Scholarship | $1,000 |
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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 | $79,353 | $3,294 | $10,829 | $10,000 | 9 | $10,312 | $2,814 | $23,961 |
| 2024 | $66,726 | $1,925 | $10,782 | $10,000 | 7 | $10,300 | $2,336 | $9,067 |
| 2023 | $69,785 | $2,625 | $7,964 | $7,000 | 7 | $7,046 | $1,941 | $3,396 |
| 2022 | $75,156 | $114 | $9,078 | $9,000 | 9 | $9,003 | $2,312 | $3,726 |
| 2021 | $82,724 | $5,308 | $10,001 | $9,000 | 9 | $9,049 | $1,826 | $4,332 |
| 2020 | $87,431 | $6,878 | $10,028 | $9,000 | 9 | — | $2,558 | $4,524 |
| 2019 | $90,612 | $6,713 | $11,204 | $10,334 | 10 | — | $2,115 | $5,959 |
Under IRS private-foundation payout rules, Natl 4TH Ivy Div Assn Sch FD reported a distributable amount of $24K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Natl 4TH Ivy Div Assn Sch FD'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
$780 (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 $780, to PNC Bank N a (Trustee).
Frequently asked questions about Natl 4TH Ivy Div Assn Sch FD
How much does Natl 4TH Ivy Div Assn Sch FD give each year?
Natl 4TH Ivy Div Assn Sch FD gave $10K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 7 grants.
What is Natl 4TH Ivy Div Assn Sch FD's typical grant size?
Natl 4TH Ivy Div Assn Sch FD's median grant in 2025 was $1,000, and its average grant was $1,111, across 9 grants on its 2025 IRS Form 990-PF.
Where does Natl 4TH Ivy Div Assn Sch FD give grants?
Natl 4TH Ivy Div Assn Sch FD gives mostly in Pennsylvania: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Pittsburgh, PA (9 grants).
Does Natl 4TH Ivy Div Assn Sch FD give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Natl 4TH Ivy Div Assn Sch FD's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (9 grants).
Who are Natl 4TH Ivy Div Assn Sch FD's largest grantees?
Natl 4TH Ivy Div Assn Sch FD's largest 2025 grantees include Conner Reese Co PNC Bank ($2,000), Alice Pickett Co PNC Bank ($1,000) and David Sayour Co PNC Bank ($1,000), according to its 2025 IRS Form 990-PF. Together they received 40% of its itemized 2025 grant dollars.
How large is Natl 4TH Ivy Div Assn Sch FD?
Natl 4TH Ivy Div Assn Sch FD reported $79K in total assets on its 2025 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $24K (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.
What is Natl 4TH Ivy Div Assn Sch FD?
Natl 4TH Ivy Div Assn Sch FD is a private foundation focused on Academics, based in Pittsburgh, PA. It holds $79K in total assets as of 2025.
What is Natl 4TH Ivy Div Assn Sch FD's EIN?
Natl 4TH Ivy Div Assn Sch FD's EIN (Employer Identification Number) is 23-7044680. 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
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 30, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 7, 2026)
- IRS filings on file for fiscal years 2020–2024
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