The Cove Charitable Trust
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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
81 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
Michael Stagis — Vice President (as of May 2024)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BNY MELLON N A | TRUSTEE | 1 | $57,259 |
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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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