The Elder Foundation

SOMERSET, PA EIN: 23-7749572

The Elder Foundation is a private foundation, based in SOMERSET, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $569K in total assets. In 2024, it awarded 26 grants totaling $26K. Net investment income was $23K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$569K

+7.6% YoY

Annual Giving

$26K

+0.0% YoY

Grant Count

26

+0.0% YoY

Avg Grant Size

$1K

+0.0% YoY

Under IRS private-foundation payout rules, The Elder Foundation reported a distributable amount of $27K for 2024 — the minimum it must pay out in qualifying distributions.

About The Elder Foundation

Based on IRS filings

The Elder Foundation is a private foundation, based in SOMERSET, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $569K in total assets. In 2024, it awarded 26 grants totaling $26K. Net investment income was $23K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BraddockClarionCooksburgCorisicaEvanstonHomesteadJennerstownJohnstoenJohnstownMonroevilleOakmontPittsburghRockwoodSeven FieldsSomersetStrattanville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$19K$29K$39K20202021202220232024
Metric202420232022
Total Assets$569,176$529,044$501,973
Revenue$28,919$31,335$24,851
Expenses$31,915$31,754$35,197
Qualifying Distributions$26,000$26,000$29,400
Net Investment Income$23,004$25,126$18,802
Distributable Amount$27,265$25,236$26,027

Giving Over Time

Total grant dollars and number of grants per year

$0$7K$15K$22K$29K24 grants202025 grants202125 grants202226 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE ROTARY FOUNDATION$11KCLARION HISTORICAL SOCIETY$1KCOOK FOREST SAWMILL$1KPRESBYTERIAN ASSOCIATION$1KRIVER CITY BRASS BAND$1KPA ELKS HOME SERVICE$880PA ELKS LEGACY TRUST$880ASHBURY U METH CHURCH$790BLIND & VISION REHABILIT…$790CHILDREN'S HOSPITAL HELP…$790

Grant Size Distribution

126 grants across all recorded years

126<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Rotary Foundation ($11,000), Clarion Historical Society ($1,050), Cook Forest Sawmill ($1,050).

RecipientPurposeAmount
ASHBURY U METH CHURCH CORISICA, PAPROMOTE RELIGIOUS PROGRAMS$790
BLIND & VISION REHABILITION SERVICE PITTSBURGH, PAPROMOTE ACTIVITIES FOR THE DISABLED$790
BOYS & GIRLS CLUB SOMERSET, PAPROMOTE ACTIVITIES FOR CHILDREN$365
CHILDREN'S HOSPITAL HELP FUND PITTSBURGH, PAPROMOTE HEALTH OF CHILDREN$790
CLARION HISTORICAL SOCIETY CLARION, PAPRESERVATION OF HISTORICAL SITES$1,050
COOK FOREST SAWMILL COOKSBURG, PAPROMOTE THE ARTS$1,050
EASTER SEAL SOCIETY PITTSBURGH, PAPROMOTE ACTIVITIES FOR DISABLED CHIL$350
EASTER SEALS JOHNSTOWN DIVISION JOHNSTOWN, PAPROMOTE ACTIVITIES FOR THE DISABLED$365
HILLCREST UNITED PRES MONROEVILLE, PAPROMOTE RELIGIOUS PROGRAMS$790
JUNIOR ACHIEVEMENT JOHNSTOEN, PAPROMOTE DEVLOPMENT IN CHILDREN$365

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

SOMERSET TRUST COTRUSTEE$5K

From 2024 filing

NameTitleHoursCompensation
SOMERSET TRUST COTRUSTEE$4,600
GEORGIANN PETRILLATRUSTEE

Frequently Asked Questions

How large is The Elder Foundation?

As of 2024, The Elder Foundation holds $569K in total assets with $29K in annual revenue. It awarded 26 grants totaling $26K in 2024.

Where does The Elder Foundation operate?

The Elder Foundation has awarded grants in Illinois, Pennsylvania.

What size grants does The Elder Foundation award?

In 2024, The Elder Foundation awarded 26 grants totaling $26K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is The Elder Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Elder Foundation reported a distributable amount of $27K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Elder Foundation's EIN?

The Elder Foundation's EIN (Employer Identification Number) is 23-7749572. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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