Psea Scholarship Trust is a private foundation focused on Education, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $479K in total assets. In 2024, it awarded 15 grants totaling $36K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$479K
+4.5% YoY
Annual Giving
$36K
+30.9% YoY
Grant Count
15
+7.1% YoY
Avg Grant Size
$2K
+22.2% YoY
Under IRS private-foundation payout rules, Psea Scholarship Trust reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About Psea Scholarship Trust
Based on IRS filings
Psea Scholarship Trust is a private foundation focused on Education, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $479K in total assets. In 2024, it awarded 15 grants totaling $36K. Net investment income was $26K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $479,330 | $458,801 | $452,458 |
| Revenue | $65,229 | $41,612 | $36,726 |
| Expenses | $44,702 | $35,270 | $35,435 |
| Qualifying Distributions | $39,459 | $30,515 | $30,100 |
| Net Investment Income | $25,596 | $8,382 | $14,872 |
| Distributable Amount | $31,117 | $28,293 | $29,923 |
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 2024
Grant Size Distribution
69 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Pittsburgh at Greensburg ($4,250), Pennsylvania Western University ($4,250), West Chester University ($4,250).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF PITTSBURGH AT GREENSBURG GREENSBURG, PA | EDUCATIONAL | $4,250 |
| MARYWOOD UNIVERSITY DUNMORE, PA | EDUCATIONAL | $2,000 |
| SLIPPERY ROCK UNIVERSITY HERMITAGE, PA | EDUCATIONAL | $2,000 |
| SHIPPENSBURG UNIVERSITY SHIPPENSBURG, PA | EDUCATIONAL | $1,000 |
| PENNSYLVANIA WESTERN UNIVERSITY CALIFORNIA, PA | EDUCATIONAL | $4,250 |
| JUNIATA COLLEGE HUNTINGDON, PA | EDUCATIONAL | $1,000 |
| MESSIAH UNIVERSITY MECHANICSBURG, PA | EDUCATIONAL | $1,000 |
| NEUMANN UNIVERSITY ASTON, PA | EDUCATIONAL | $2,000 |
| WEST CHESTER UNIVERSITY WEST CHESTER, PA | EDUCATIONAL | $4,250 |
| MANSFIELD UNIVERSITY MANSFIELD, PA | EDUCATIONAL | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Aaron Chapin | TRUSTEE | 1 | — |
| Jeffrey Ney | TRUSTEE | 1 | — |
| Christopher Clayton | TRUSTEE | 1 | — |
| James Vaughan | TRUSTEE | 1 | — |
| Emily Jet | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Psea Scholarship Trust?
Psea Scholarship Trust is a private foundation focused on Education, based in PITTSBURGH, PA. It holds $479K in total assets as of 2024.
How large is Psea Scholarship Trust?
As of 2024, Psea Scholarship Trust holds $479K in total assets with $65K in annual revenue. It awarded 15 grants totaling $36K in 2024.
Where does Psea Scholarship Trust operate?
Psea Scholarship Trust has awarded grants in Arizona, Massachusetts, Ohio, Pennsylvania.
What size grants does Psea Scholarship Trust award?
In 2024, Psea Scholarship Trust awarded 15 grants totaling $36K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Psea Scholarship Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Psea Scholarship Trust reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Psea Scholarship Trust's EIN?
Psea Scholarship Trust's EIN (Employer Identification Number) is 23-2225710. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Psea Scholarship Trust'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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