Scott Foundation Inc

GREENSBURG, PA EIN: 45-4330408

Scott Foundation Inc is a corporate foundation located in Greensburg, Pennsylvania. Established in 2014 following the retirement of World War II veteran Sam Scott, the foundation was created to honor the legacy of Scott Electric Company, which was founded in 1946. Upon Sam Scott's retirement in 2012, he gifted the company to his employees, who subsequently established this self-sustaining nonprofit foundation to continue his spirit of generosity.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$2.9M

+98.9% YoY

Grant Count

81

+58.8% YoY

Avg Grant Size

$35K

+25.2% YoY

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

Mission & Focus Areas

The foundation focuses on funding electrical industry-related initiatives and charitable causes that benefit communities served by Scott Electric Company. The foundation operates through trustee-directed grantmaking rather than formal grant programs.

Grantmaking

Grant Range

$20,000

How to Apply

** The foundation only makes contributions to preselected charitable organizations and does not accept unsolicited applications for funds.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations within Scott Electric Company service territories, including Pennsylvania, New York, Maryland, West Virginia, and Ohio.

Grant Distribution by State

10states
+2 more states

Cities

ACMEADAMSBURGALEXANDRIAALIQUIPPAALTOONAALUM BANKANNVILLEAPOLLOBADENBALTIMOREBEAVERDALEBEDFORDBELLAIREBELLE VERNONBELLEFONTEBELPREBETHLEHEMBITTINGERBLAIRSVILLEBOARDMAN

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $115.35 million (as of 2024)
  • Annual Grant Distributions: $2.93 million (2024)
  • Total Revenues: $20.23 million (2024)
  • Total Expenses: $3.16 million (2024)
  • Giving Rate: 2.5% of assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$719K$1M$2M$3M161 grants2019127 grants2020110 grants202171 grants202251 grants202381 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LAUREL HIGHLANDS SCHOOL …$142KCARNEGIE MUSEUMS OF PITT…$142KOUR LADY OF GRACE CHURCH$100KPENN TOWNSHIP ATHLETIC A…$96KMT PLEASANT GIRLS FAST P…$84KLEVEL GREEN VOLUNTEER FI…$80KHYDE PARK VOLUNTEER FIRE…$75KKTF ANIMAL SHELTER & RES…$75KDIOCESE OF GREENSBURG$60KOKLAHOMA VOLUNTEER FIRE …$55K

Grant Size Distribution

250 grants across all recorded years

219<$50K24$50–100K7$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Samuel Z Scott – In Care of Name
  • Larry Shirey – President, Secretary, Treasurer & Chairman
  • Joseph D'Astolfo – Vice President & Director
  • Gerald M Popovec – Director
  • Alice Reece – Assistant Secretary

The foundation operates with limited staffing and relies on volunteer board members.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEPH D'ASTOLFOVICE PRESIDENT & DIRECTOR1
LARRY SHIREYPRESIDENT, SECT, TREAS & CHAIRMAN8
GERALD M POPOVECDIRECTOR1
ALICE REECEASSISTANT SECRETARY1

Recent Activity

Recent developments and announcements

2023

In 2023, the foundation made 51 grants totaling $1,445,561 to grantees including hospitals, universities, and community organizations within Scott Electric territories. The foundation's grantmaking activity has expanded, with 127 grants awarded in 2024 compared to 81 in 2023.

$7 Million Gift from MacKenzie Scott Foundation - Endowment for Health

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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