Robert H Reakirt Fdn Equities

PITTSBURGH, PA EIN: 31-6138496

Robert H Reakirt Fdn Equities is a private foundation based in Pittsburgh, Pennsylvania. The organization operates as a grantmaking foundation with a focus on supporting nonprofits across multiple sectors including education, human services, and community development.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$46.6M

+3.9% YoY

Annual Giving

$1.9M

-19.2% YoY

Grant Count

112

-12.5% YoY

Avg Grant Size

$17K

-7.6% YoY

Under IRS private-foundation payout rules, Robert H Reakirt Fdn Equities reported a distributable amount of $2.5M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding areas include:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services
General operating support for nonprofits
Workforce education
Housing development
Food access initiatives
Wellness programs

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

Ohio
Pennsylvania
Kentucky

Grant Distribution by State

Ohio $4.0M (76%)

Pennsylvania $600K (11%)

Indiana $150K (3%)

Kentucky $130K (2%)

New Jersey $105K (2%)

Maryland $82K (2%)

West Virginia $65K (1%)

District of Columbia $27K (1%)

+12 more states

States

Alabama Arizona California Connecticut District of Columbia Georgia Illinois Indiana Kentucky Maryland Michigan Missouri New Jersey Nevada New York Ohio Pennsylvania Texas Virginia West Virginia

Cities

AbingdonAkronAlexandriaAmericusAnnapolisAustintownBala CynwydBaltimoreBataviaBeachwoodBellbrookBellevilleBirminghamBlue AshBoardmanBroadview HeightsButlerCadizCaliforniaCamden

Financial History

Multi-year comparison from IRS filings

As of Most Recent Filing (2023-2024):

Total Assets: $44,904,271 to $46,635,265
Total Annual Giving: $1,882,689
Total Revenues (2023): $4,450,941
Total Expenses (2023): $3,195,637
Investment Income and Dividends (2023): $1,097,760
Number of Employees: 1

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$46,635,265	$44,904,271	$43,555,471
Revenue	$4,212,179	$4,450,941	$4,185,563
Expenses	$2,598,388	$3,195,637	$3,079,654
Qualifying Distributions	$1,990,869	$2,776,361	$2,663,609
Net Investment Income	$3,652,699	$4,066,009	$3,821,432
Distributable Amount	$2,538,049	$2,327,922	$2,397,708

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

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Contemporary Arts Center ($50,000), Cincinnati Symphony Orchestra ($50,000), Lutheran Metropolitan Ministry ($40,000).

Recipient	Purpose	Amount
MALTZ MUSEUM OF JEWISH HERITAGE BEACHWOOD, OH	TRANSPORT & ADMISSION	$17,500
SOCIETY OF ST VINCENT DE PAUL CINCINNATI, OH	A WARM PLACE	$20,000
FLYING HORSE FARMS MT GILEAD, OH	RESIDENTIAL PROGRAMMING	$15,000
BOYS AND GIRLS CLUBS OF CLEVELAND CLEVELAND, OH	CLOSING THE SUMMER FOOD GAP	$15,000
THE SALVATION ARMY CLEVELAND, OH	GENERAL OPERATING	$33,000
HUMANE SOCIETY OF ROCHESTER Fairport, NY	GENERAL OPERATING	$5,000
OPEN DOORS ACADEMY CLEVELAND, OH	SUMMER EDUCATION &	$20,000
THE PARTNERSHIP SCHOOL FOR INNER NEW YORK, NY	GENERAL OPERATING	$11,000
LUTHERAN METROPOLITAN MINISTRY CLEVELAND, OH	GENERAL OPERATING	$40,000
CUYAHOGA COMMUNITY COLLEGE FUND CLEVELAND, OH	GENERAL OPERATING	$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK	TRUSTEE	40	$539,902

Recent News & Activity

Recent developments and announcements

2024

In October 2024, Harrison Community Hospital received cardiopulmonary upgrades through a grant from the Robert H. Reakirt Foundation, demonstrating the foundation's commitment to healthcare infrastructure improvements in its service region.

Harrison Community Hospital receives cardiopulmonary upgrades through the

Frequently Asked Questions

What does Robert H Reakirt Fdn Equities fund?

The foundation's primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • General operating support for nonprofits • Workforce education • Housing development • Food access initiatives • Wellness programs

How do I apply for a grant from Robert H Reakirt Fdn Equities?

**Grant Characteristics:** • Typical grant awards range from $950 to $120,000 • The foundation made 87 grants in 2023, totaling $1,562,035 **Recent Grant Examples (2023):** • YWCA Greater Cincinnati: $100,000 (General Operating) • Cincinnati Works Inc: $80,000 (General Operating) • Shelterhouse Volunteer Group: $60,000 (General Operating) • Strategies To End Homelessness Inc: (amount not specified)

Where does Robert H Reakirt Fdn Equities make grants?

The foundation primarily funds organizations in: • Ohio • Pennsylvania • Kentucky

What size grants does Robert H Reakirt Fdn Equities award?

In 2024, Robert H Reakirt Fdn Equities awarded 112 grants totaling $1.9M — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Robert H Reakirt Fdn Equities required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert H Reakirt Fdn Equities reported a distributable amount of $2.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.