Pickens P for Wash & Lee

PITTSBURGH, PA EIN: 25-6211774

Pickens P for Wash & Lee is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $965K in total assets. In 2024, it awarded 1 grants totaling $47K. Net investment income was $36K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$965K

-1.6% YoY

Annual Giving

$47K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$47K

+0.0% YoY

Under IRS private-foundation payout rules, Pickens P for Wash & Lee reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.

About Pickens P for Wash & Lee

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $235K (100%)

States

Virginia

Cities

Lexington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$964,703	$980,052	$1,030,903
Revenue	$42,342	$5,950	$-21,368
Expenses	$57,711	$56,618	$64,222
Qualifying Distributions	$51,039	$50,715	$50,844
Net Investment Income	$35,928	$17,679	$16,807
Distributable Amount	$52,836	$47,206	$48,340

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Washington & Lee University ($47,000).

Recipient	Purpose	Amount
WASHINGTON & LEE UNIVERSITY LEXINGTON, VA	GENERAL OPERATING	$47,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BNY MELLON N A	TRUSTEE	1	$10,098

Frequently Asked Questions

How large is Pickens P for Wash & Lee?

As of 2024, Pickens P for Wash & Lee holds $965K in total assets with $42K in annual revenue. It awarded 1 grants totaling $47K in 2024.

Where does Pickens P for Wash & Lee operate?

Pickens P for Wash & Lee has awarded grants in Virginia.

What size grants does Pickens P for Wash & Lee award?

In 2024, Pickens P for Wash & Lee awarded 1 grants totaling $47K — an average of about $47K per grant, based on its IRS Form 990 filings.

How much is Pickens P for Wash & Lee required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pickens P for Wash & Lee reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.