Ranney Scholarship Fund

PITTSBURGH, PA EIN: 34-6512452

Ranney Scholarship Fund is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 3 grants totaling $144K. Net investment income was $98K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

-1.7% YoY

Annual Giving

$144K

-4.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$48K

-4.6% YoY

Under IRS private-foundation payout rules, Ranney Scholarship Fund reported a distributable amount of $153K for 2024 — the minimum it must pay out in qualifying distributions.

About Ranney Scholarship Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $763K (100%)

States

Ohio

Cities

Cleveland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,743,854	$2,791,143	$2,933,721
Revenue	$102,871	$13,525	$173,423
Expenses	$148,451	$156,982	$179,081
Qualifying Distributions	$144,655	$152,567	$171,797
Net Investment Income	$98,200	$63,362	$170,661
Distributable Amount	$153,146	$142,226	$156,512

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Cleveland Institute of Art ($49,379), Cleveland Institute of Music ($49,379), Case Western Reserve University ($44,947).

Recipient	Purpose	Amount
THE CLEVELAND INSTITUTE OF ART CLEVELAND, OH	GENERAL SUPPORT	$49,379
CLEVELAND INSTITUTE OF MUSIC CLEVELAND, OH	GENERAL SUPPORT	$49,379
CASE WESTERN RESERVE UNIVERSITY CLEVELAND, OH	GENERAL SUPPORT	$44,947

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK NA	TRUSTEE	1	$3,749

Frequently Asked Questions

How large is Ranney Scholarship Fund?

As of 2024, Ranney Scholarship Fund holds $2.7M in total assets with $103K in annual revenue. It awarded 3 grants totaling $144K in 2024.

Where does Ranney Scholarship Fund operate?

Ranney Scholarship Fund has awarded grants in Ohio.

What size grants does Ranney Scholarship Fund award?

In 2024, Ranney Scholarship Fund awarded 3 grants totaling $144K — an average of about $48K per grant, based on its IRS Form 990 filings.

How much is Ranney Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ranney Scholarship Fund reported a distributable amount of $153K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.