The Pitch Foundation
The Pitch Foundation is a private foundation, based in Riverside, CT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $157.3M in total assets. In 2025, it awarded 1 grant totaling $2.5M. Net investment income was $23.4M.
The Pitch Foundation at a glance
In short: The Pitch Foundation gave $2.5M across 1 grant in 2025 (avg $2.5M), mostly in Connecticut. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,500,000
- -75.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $2,500,000
- -75.0% vs 2024
- Median grant
- $2,500,000
- Total assets
- $157,273,006
- +40.5% vs 2024
- Primary geography
- Connecticut (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Pitch Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was JP Morgan Charitable Giving Fund ($2.5M).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Pitch Foundation gives
- In 2025 it paid out 32% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2.5M (2025) to $10.0M (2024). In 2025 it made 1 grant totaling $2.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| JP Morgan Charitable Giving Fund Greenwich, CT | Allocates Funds to Qualified Charities | $2,500,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $157,273,006 | $49,095,224 | $3,771,363 | $2,500,000 | 1 | $2,500,000 | $23,398,861 | $7,703,240 |
| 2024 | $111,949,145 | $28,080,853 | $10,663,179 | $10,000,000 | 1 | $10,000,000 | $23,017,674 | $5,684,866 |
| 2023 | $94,531,471 | $-3,581,772 | $660,731 | — | — | — | $383,943 | $4,742,782 |
| 2022 | $98,773,974 | $-12,014,780 | $386,730 | — | — | $7,750 | $178,618 | $4,479,675 |
| 2021 | $111,175,484 | $34,985,696 | $4,603,253 | $4,000,000 | 1 | $4,006,875 | $7,377,756 | $5,560,463 |
| 2020 | $80,793,041 | $30,432,175 | $4,355,236 | $4,100,000 | 2 | — | $10,223,511 | $3,530,348 |
Under IRS private-foundation payout rules, The Pitch Foundation reported a distributable amount of $7.7M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Pitch Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
David F. Craver
Trustee
On filings since 2020
1 hr/week
No compensation reported
Vicki U. Craver
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Pitch Foundation
How much does The Pitch Foundation give each year?
The Pitch Foundation gave $2.5M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10.0M across 1 grant.
How large is The Pitch Foundation?
The Pitch Foundation reported $157.3M in total assets on its 2025 IRS Form 990-PF. It paid out $2.5M in qualifying distributions that year, against a required minimum of $7.7M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Pitch Foundation operate?
The Pitch Foundation has awarded grants in Connecticut, Pennsylvania.
What is The Pitch Foundation's EIN?
The Pitch Foundation's EIN (Employer Identification Number) is 82-1541555. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Pitch Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in The Pitch Foundation's focus areas in our free grants database
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