Northwest Bancorp Inc Charitable is a private foundation focused on Education, based in WARREN, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 12 grants totaling $90K. Net investment income was $215K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.5M
+3.4% YoY
Annual Giving
$90K
-12.5% YoY
Grant Count
12
-14.3% YoY
Avg Grant Size
$7K
+2.1% YoY
Under IRS private-foundation payout rules, Northwest Bancorp Inc Charitable reported a distributable amount of $120K for 2025 — the minimum it must pay out in qualifying distributions.
About Northwest Bancorp Inc Charitable
Based on IRS filings
Northwest Bancorp Inc Charitable is a private foundation focused on Education, based in WARREN, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 12 grants totaling $90K. Net investment income was $215K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,497,407 | $2,414,135 | $2,257,343 |
| Revenue | $237,471 | $220,360 | $77,612 |
| Expenses | $121,021 | $125,898 | $106,279 |
| Qualifying Distributions | $89,500 | $102,300 | $85,800 |
| Net Investment Income | $214,899 | $199,586 | $57,983 |
| Distributable Amount | $119,978 | $110,539 | $104,862 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Scholarships to Children of Employees ($44,000), Corry Regional Fire Company ($8,500), Corry Area United Fund ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Corry Area Chamber of Commerce Corry, PA | Operations | $3,000 |
| Corry Regional Fire Company Corry, PA | Preservation equipment | $8,500 |
| Mead Park Association Corry, PA | Program funding | $5,000 |
| Scholarships to Children of Employees Warren, PA | Higher Education Scholarships | $44,000 |
| Spring Creek Fire Department Spring Creek, PA | Preservation equipment | $5,000 |
| Village Friends Inc Corry, PA | Program funding | $1,000 |
| YMCA of Corry Corry, PA | Community event sponsor | $5,000 |
| Spartansburg Fire Department Spartansburg, PA | Preservation equipment | $2,500 |
| Corry Area United Fund Corry, PA | Program funding | $7,000 |
| Corry Area Arts Council Inc Corry, PA | Program funding | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Louis J Torchio | President | 0.5 | — |
| Kay Eadie | Secretary | 1 | — |
| William W Harvey | Treasurer | 1 | — |
| John Golding | Vice President | 0.5 | — |
| Timothy B Fannin | Board Member | 0.5 | — |
| John P Meegan | Board Member | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Northwest Bancorp Inc Charitable?
Northwest Bancorp Inc Charitable is a private foundation focused on Education, based in WARREN, PA. It holds $2.5M in total assets as of 2025.
How large is Northwest Bancorp Inc Charitable?
As of 2025, Northwest Bancorp Inc Charitable holds $2.5M in total assets with $237K in annual revenue. It awarded 12 grants totaling $90K in 2025.
Where does Northwest Bancorp Inc Charitable operate?
Northwest Bancorp Inc Charitable has awarded grants in New York, Pennsylvania.
What size grants does Northwest Bancorp Inc Charitable award?
In 2025, Northwest Bancorp Inc Charitable awarded 12 grants totaling $90K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Northwest Bancorp Inc Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Northwest Bancorp Inc Charitable reported a distributable amount of $120K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Northwest Bancorp Inc Charitable's EIN?
Northwest Bancorp Inc Charitable's EIN (Employer Identification Number) is 25-1819537. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Northwest Bancorp Inc Charitable's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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