Richard E Woosnam Charitable Trust

PHILADELPHIA, PA EIN: 23-6870650

Richard E Woosnam Charitable Trust is a private foundation, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 25 grants totaling $53K. Net investment income was $290K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+18.2% YoY

Annual Giving

$53K

-7.6% YoY

Grant Count

-13.8% YoY

Avg Grant Size

$2K

+7.2% YoY

Under IRS private-foundation payout rules, Richard E Woosnam Charitable Trust reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.

About Richard E Woosnam Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $205K (59%)

Indiana $135K (39%)

New York $3K (1%)

Massachusetts $1K (0%)

Virginia $1K (0%)

PR $500 (0%)

States

Indiana Massachusetts New York Pennsylvania Pr Virginia

Cities

BensalemBloomingtonBostonCharlottesvilleNycPhiaPhiladelphiaRio GrandeWilliamsport

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,542,745	$1,305,585	$1,272,701
Revenue	$290,061	$93,432	$85,982
Expenses	$52,901	$60,548	$67,404
Qualifying Distributions	$52,901	$60,548	$67,404
Net Investment Income	$290,035	$90,091	$82,730
Distributable Amount	$83,380	$72,639	$81,064

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

144 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lycoming College ($10,000), Indiana University ($6,000), World Affairs Council ($6,000).

Recipient	Purpose	Amount
1812 THEATRE PHILADELPHIA, PA	EDUCATION	$2,500
AMERICAN REVOLUTION MUSEUM PHILADELPHIA, PA	EDUCATION	$250
ARDEN THEATRE PHILADELPHIA, PA	EDUCATION	$2,000
ARTSPACE PHILADELPHIA, PA	RESEARCH	$1,000
BARNES FOUNDATION PHILADELPHIA, PA	SCHOLARSHIPS AND EDUCATION	$2,500
CHILDRENS HOSPITAL OF PHILADELPHIA PHILADELPHIA, PA	RESEARCH	$250
CITY YEAR BOSTON, MA	EDUCATION	$250
COLLEGE OF PHYSICIANS PHILADELPHIA, PA	SCHOLARSHIPS AND EDUCATION	$400
FPRI PHILADELPHIA, PA	EDUCATION	$250
FRANKLIN INSTITUTE PHILADELPHIA, PA	EDUCATION	$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RICHARD E WOOSNAM	TRUSTEE	—	—

Frequently Asked Questions

How large is Richard E Woosnam Charitable Trust?

As of 2024, Richard E Woosnam Charitable Trust holds $1.5M in total assets with $290K in annual revenue. It awarded 25 grants totaling $53K in 2024.

Where does Richard E Woosnam Charitable Trust operate?

Richard E Woosnam Charitable Trust has awarded grants in Indiana, Massachusetts, New York, Pennsylvania, Pr, Virginia.

What size grants does Richard E Woosnam Charitable Trust award?

In 2024, Richard E Woosnam Charitable Trust awarded 25 grants totaling $53K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Richard E Woosnam Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard E Woosnam Charitable Trust reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Richard E Woosnam Charitable Trust's EIN?

Richard E Woosnam Charitable Trust's EIN (Employer Identification Number) is 23-6870650. IRS Form 990 filing data is available on this page for 2020–2024.