The Norumbega Fund # 483720

PITTSBURGH, PA EIN: 13-6078791

The Norumbega Fund # 483720 is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $241K in total assets. In 2024, it awarded 1 grants totaling $11K. Net investment income was $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$241K

-1.4% YoY

Annual Giving

$11K

-6.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$11K

-6.4% YoY

Under IRS private-foundation payout rules, The Norumbega Fund # 483720 reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.

About The Norumbega Fund # 483720

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Connecticut $45K (80%)

Colorado $11K (20%)

States

Colorado Connecticut

Cities

New Haven

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$240,635	$243,949	$231,148
Revenue	$10,483	$25,590	$18,341
Expenses	$13,853	$12,744	$14,613
Qualifying Distributions	$11,673	$11,801	$13,052
Net Investment Income	$8,747	$24,719	$17,531
Distributable Amount	$12,302	$11,081	$11,734

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 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Yale University ($10,519).

Recipient	Purpose	Amount
YALE UNIVERSITY NEW HAVEN, CT	GENERAL OPERATING	$10,519

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BNY MELLON N A	TRUSTEE	1	$2,760

Frequently Asked Questions

How large is The Norumbega Fund # 483720?

As of 2024, The Norumbega Fund # 483720 holds $241K in total assets with $10K in annual revenue. It awarded 1 grants totaling $11K in 2024.

Where does The Norumbega Fund # 483720 operate?

The Norumbega Fund # 483720 has awarded grants in Colorado, Connecticut.

What size grants does The Norumbega Fund # 483720 award?

In 2024, The Norumbega Fund # 483720 awarded 1 grants totaling $11K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is The Norumbega Fund # 483720 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Norumbega Fund # 483720 reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.