Peter F & Mary H Loftus Fdn

Foundation · Grantmaker PITTSBURGH, PA EIN: 25-6372438

Peter F & Mary H Loftus Fdn is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $278K in total assets. In 2024, it awarded 9 grants totaling $14K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$278K

-1.4% YoY

Annual Giving

$14K

-7.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2K

-7.2% YoY

Under IRS private-foundation payout rules, Peter F & Mary H Loftus Fdn reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.

About Peter F & Mary H Loftus Fdn

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $36K (72%)

Illinois $7K (14%)

New York $7K (14%)

States

Illinois New York Pennsylvania

Cities

DecaturOgdensburgPittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$278,366	$282,262	$293,807
Revenue	$14,738	$6,929	$-578
Expenses	$18,544	$19,072	$21,815
Qualifying Distributions	$15,121	$15,591	$17,542
Net Investment Income	$11,326	$3,810	$2,993
Distributable Amount	$15,775	$14,835	$15,252

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

45 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Paul University ($5,042), Carnegie Mellon University ($1,325), Milliken University ($1,325).

Recipient	Purpose	Amount
ST BERNARD'S CHURCH PITTSBURGH, PA	GENERAL SUPPORT	$662
ST PAUL UNIVERSITY	GENERAL SUPPORT	$5,042
ST PATRICKS CHURCH PITTSBURGH, PA	GENERAL SUPPORT	$662
HEPBURN MEDICAL CENTER OGDENSBURG, NY	GENERAL SUPPORT	$1,323
UPMC MERCY PITTSBURGH, PA	GENERAL SUPPORT	$1,323
THE PITTSBURGH FOUNDATION PITTSBURGH, PA	GENERAL SUPPORT	$1,323
CARNEGIE MELLON UNIVERSITY PITTSBURGH, PA	GENERAL SUPPORT	$1,325
DUQUESNE UNIVERSITY PITTSBURGH, PA	GENERAL SUPPORT	$1,323
MILLIKEN UNIVERSITY DECATUR, IL	GENERAL SUPPORT	$1,325

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	$4,067

Frequently Asked Questions

How large is Peter F & Mary H Loftus Fdn?

As of 2024, Peter F & Mary H Loftus Fdn holds $278K in total assets with $15K in annual revenue. It awarded 9 grants totaling $14K in 2024.

Where does Peter F & Mary H Loftus Fdn operate?

Peter F & Mary H Loftus Fdn has awarded grants in Illinois, New York, Pennsylvania.

What size grants does Peter F & Mary H Loftus Fdn award?

In 2024, Peter F & Mary H Loftus Fdn awarded 9 grants totaling $14K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Peter F & Mary H Loftus Fdn required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Peter F & Mary H Loftus Fdn reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.