Teddie Kerling Scholarship Fund
Teddie Kerling Scholarship Fund is a private foundation, based in Pittsburgh, PA. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grant totaling $267K. Net investment income was $344.
Key facts about Teddie Kerling Scholarship Fund
In short: Teddie Kerling Scholarship Fund gave $267K across 1 grant in 2022 (avg $267K), mostly in Pennsylvania. Source: 2022 IRS Form 990-PF.
- EIN
- 24-6021625
- Latest 990 filing
- Form 990-PF, 2022
- Annual giving (2022)
- $267,382
- Grants made (2022)
- 1
- Average grant
- $267,382
- Median grant
- $267,382
- Primary geography
- Pennsylvania (100% of itemized 2022 grant dollars)
Data from IRS Form 990-PF, 2022; updated September 2026.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$267K
Grant Count
1
Avg Grant Size
$267K
Under IRS private-foundation payout rules, Teddie Kerling Scholarship Fund reported a distributable amount of $7K for 2022 — the minimum it must pay out in qualifying distributions.
How Teddie Kerling Scholarship Fund gives
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2022 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2022 it made 1 grant totaling $267K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2022
The largest 2022 recipient was Thomas Jefferson University ($267K).
Grant Size Distribution
1 grants across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Thomas Jefferson University Philadelphia, PA | Scholarships | $267,382 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $279,808 | $285,639 |
| Revenue | $-10,579 | $11,469 | $77,780 |
| Expenses | $269,977 | $17,304 | $10,687 |
| Qualifying Distributions | $267,640 | $18,564 | — |
| Net Investment Income | $344 | $7,708 | $73,960 |
| Distributable Amount | $6,578 | $17,342 | $8,823 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
Leadership & Key People
Officers and directors from IRS filings
Teddie Kerling Scholarship Fund's only listed officer is PNC Bank N A, Trustee on every filing since 2020 (compensated).
Officers on the 2022 filing
PNC Bank N A
Trustee
On filings since 2020
1 hr/week
$4K (2020) → $3K (2022)
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2022 IRS filing
The highest reported compensation on the 2022 filing was $3K, to PNC Bank N a (Trustee).
Frequently asked questions about Teddie Kerling Scholarship Fund
How much does Teddie Kerling Scholarship Fund give each year?
Teddie Kerling Scholarship Fund gave $267K across 1 grant in 2022, according to its 2022 IRS Form 990-PF.
Where does Teddie Kerling Scholarship Fund operate?
Teddie Kerling Scholarship Fund has awarded grants in Pennsylvania.
How much is Teddie Kerling Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Teddie Kerling Scholarship Fund reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Teddie Kerling Scholarship Fund's EIN?
Teddie Kerling Scholarship Fund's EIN (Employer Identification Number) is 24-6021625. IRS Form 990 filing data is available on this page for 2020–2022.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Teddie Kerling Scholarship Fund by hand.
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