Teddie Kerling Scholarship Fund

PITTSBURGH, PA EIN: 24-6021625

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 grants totaling $267K. Net investment income was $344.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$267K

Grant Count

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.

About Teddie Kerling Scholarship Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $267K (100%)

States

Pennsylvania

Cities

Philadelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2022

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Thomas Jefferson University ($267,382).

Recipient	Purpose	Amount
THOMAS JEFFERSON UNIVERSITY PHILADELPHIA, PA	SCHOLARSHIPS	$267,382

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

Name	Title	Hours	Compensation
PNC BANK N A	TRUSTEE	1	$2,584

Frequently Asked Questions

Where does Teddie Kerling Scholarship Fund operate?

Teddie Kerling Scholarship Fund has awarded grants in Pennsylvania.

What size grants does Teddie Kerling Scholarship Fund award?

In 2022, Teddie Kerling Scholarship Fund awarded 1 grants totaling $267K — an average of about $267K per grant, based on its IRS Form 990 filings.

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.