The Cove Charitable Trust

PITTSBURGH, PA EIN: 04-6118955

The Cove Charitable Trust is a private foundation established in 1964 in Massachusetts. It is currently based in Pittsburgh, Pennsylvania, and operates as an independent 501(c)(3) organization with a single employee.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

-2.7% YoY

Annual Giving

$250K

-3.3% YoY

Grant Count

16

-5.9% YoY

Avg Grant Size

$16K

+2.7% YoY

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

Mission & Focus Areas

The Trust primarily funds general operating expenses and scholarships for its grantees. The foundation supports a range of charitable organizations, with a demonstrated focus on wildlife and animal rescue initiatives.

Grantmaking

The Cove Charitable Trust made 19 grants in 2023. Recent grants include:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

16states
+8 more states

Cities

AlbuquerqueAmesburyAsbury ParkAugustineBar HarborBenningtonBethlehemBeverlyBowling GreenBreckenridgeBronxBrooklynBurlingtonCambridgeChicagoCoopersburgEast ElmhurstHartfordHaverhillLowell

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total Assets: $4,949,629
  • Total Revenues: $252,740
  • Total Expenses: $320,978
  • Investment Income & Dividends: $110,569
  • Number of Employees: 1
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$231K$463K$694K$926K20202021202220232024
Metric202420232022
Total Assets$4,814,499$4,949,629$5,018,275
Revenue$171,539$252,740$96,192
Expenses$313,410$320,978$389,736
Qualifying Distributions$272,474$286,601$338,323
Net Investment Income$133,147$206,901$71,971
Distributable Amount$271,438$243,233$257,049

Giving Over Time

Total grant dollars and number of grants per year

$0$79K$158K$237K$316K19 grants202011 grants202118 grants202217 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BRIDGE CLUB OF GREATER L…$81KYMCA$21KST GABRIELS CHURCH$20KMT ANTHONY UNION HS$17KSIPPICAN LANDS TRUST INC$15KMT DESERT ISLAND BIOLOGI…$12KNICA NADADORES INC$12KISLAND HOUSING TRUST$11KBUZZARDS BAY COALITION INC$10KHABITAT FOR HUMANITY$10K

Grant Size Distribution

81 grants across all recorded years

79<$50K2$50–100K$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

Michael Stagis — Vice President (as of May 2024)

Compensation Overview

From 2024 IRS filing

BNY MELLON N ATRUSTEE$57K

From 2024 filing

NameTitleHoursCompensation
BNY MELLON N ATRUSTEE1$57,259

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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