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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH D'ASTOLFO | VICE PRESIDENT & DIRECTOR | 1 | — |
| LARRY SHIREY | PRESIDENT, SECT, TREAS & CHAIRMAN | 8 | — |
| GERALD M POPOVEC | DIRECTOR | 1 | — |
| ALICE REECE | ASSISTANT SECRETARY | 1 | — |
Recent Activity
Recent developments and announcements
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 HealthSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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