Neighborhood Development Trust

Foundation · Grantmaker Scranton, PA EIN: 23-2036018

Neighborhood Development Trust is a private foundation focused on Community Improvement & Capacity Building, based in Scranton, PA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $390K. Net investment income was $8K.

Key facts about Neighborhood Development Trust

In short: Neighborhood Development Trust gave $390K across 1 grant in 2023 (avg $390K), mostly in Pennsylvania. Source: 2023 IRS Form 990-PF.

EIN
23-2036018
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$389,764
Grants made (2023)
1
Average grant
$389,764
Median grant
$389,764
Primary geography
Pennsylvania (100% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Quick answers about Neighborhood Development Trust

How much does Neighborhood Development Trust give each year?

Neighborhood Development Trust gave $390K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $37K across 4 grants.

How Neighborhood Development Trust gives

  • Giving grew 1199% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Neighborhood Development Trust

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$390K

+967.8% YoY

Grant Count

1

-75.0% YoY

Avg Grant Size

$390K

+4171.4% YoY

Under IRS private-foundation payout rules, Neighborhood Development Trust reported a distributable amount of $6K for 2023 — the minimum it must pay out in qualifying distributions.

About Neighborhood Development Trust

Based on IRS filings

Neighborhood Development Trust is a private foundation focused on Community Improvement & Capacity Building, based in Scranton, PA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $390K. Net investment income was $8K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2023 grant dollars.

States

Cities

Scranton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020202120222023
Metric202320222021
Total Assets—$474,571$482,258
Revenue$14,375$36,115$13,784
Expenses$416,564$43,802$31,122
Qualifying Distributions$389,764$36,515$24,617
Net Investment Income$8,405$10,941$5,485
Distributable Amount$5,768$22,122$25,289

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K3 grants20203 grants20214 grants20221 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2023

Scranton Area Foundation: $390KScranton Area Foundation$390K

Grant Size Distribution

11 grants across all recorded years

10<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
SCRANTON AREA FOUNDATION Scranton, PATO ESTABLISH THE NEIGHBORHOOD DEVELOPMENT TRUST FUND, A DONOR ADVISED FUND, WITH THE SCRANTON AREA COMMUNITY FOUNDATION TO CARRY OUT THE INITIATIVES SET FORTH IN THE PRIVATE FOUNDATION.$389,764

Leadership & Key People

Officers and directors from IRS filings

Neighborhood Development Trust's 2023 filing lists 5 officers; none of the 5 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • David Hawk

    Co-Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Matthew E. Haggerty

    Co-Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Philip P. Condron

    Co-Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert F. Durkin

    Co-Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sondra Myers

    Co-Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: PNC Bank (2020–2023) — Co-Trustee · Filing note: Resigned April 5 2023

Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Neighborhood Development Trust?

Neighborhood Development Trust is a private foundation focused on Community Improvement & Capacity Building, based in Scranton, PA. It holds — in total assets as of 2023.

Where does Neighborhood Development Trust operate?

Neighborhood Development Trust has awarded grants in Pennsylvania.

How much is Neighborhood Development Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Neighborhood Development Trust reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Neighborhood Development Trust's EIN?

Neighborhood Development Trust's EIN (Employer Identification Number) is 23-2036018. IRS Form 990 filing data is available on this page for 2020–2023.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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