The Washington Financial Charitable

Private foundation · Grantmaker Washington, PA EIN: 47-5245615

The Washington Financial Charitable is a private foundation, based in Washington, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $473K in total assets. In 2025, it awarded 2 grants totaling $222K.

Key facts about The Washington Financial Charitable

In short: The Washington Financial Charitable gave $222K across 2 grants in 2025 (avg $111K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.

EIN
47-5245615
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$221,609
Grants made (2025)
2
Average grant
$110,805
Median grant
$110,805
Total assets
$472,812
Primary geography
Pennsylvania (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$473K

+23.2% YoY

Annual Giving

$222K

-17.2% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$111K

-17.2% YoY

Under IRS private-foundation payout rules, The Washington Financial Charitable reported a distributable amount of $21K for 2025 — the minimum it must pay out in qualifying distributions.

How The Washington Financial Charitable gives

  • Giving held roughly steady from 2022 to 2025 (−12%). Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $211K (2023) to $281K (2021). In 2025 it made 2 grants totaling $222K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

10 grants across all recorded years

4<$50K1$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 5 grants of 10 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
See Attached Various, PASee Attached$188,109
See Attached Various, PASee Attached$33,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$200K$400K$600K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$472,812$383,639$351,065
Revenue$325,723$300,185$324,891
Expenses$256,050$287,611$230,389
Qualifying Distributions$236,339$282,426$225,234
Distributable Amount$20,836$18,142$15,320

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 24, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 6, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 25, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 29, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)

Leadership & Key People

Officers and directors from IRS filings

The Washington Financial Charitable is led by Richard L. White, Chairman since 2025 (on filings since 2020); none of the 14 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Richard L. White

    Chairman

    Emeritus Director → Chairman, 2025

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Louis E. Waller

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Martin P. Beichner Jr.

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Mary Lyn Drewitz

    Secretary & Director

    Secretary → Secretary & Director, 2025

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • R. Carlyn Belczyk

    Secretary & Director

    Director → Secretary & Director, 2025

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Michael L. Chaido

    Director

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • E. Alex Paris III

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • John L. McCarthy

    Director

    On filings since 2024

    0.3 hrs/week

    No compensation reported

  • Kathleen L. Sabol

    Director

    On filings since 2024

    0.3 hrs/week

    No compensation reported

  • D. Jackson Milhollan

    Emeritus Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Edward C. Morascyzk

    Treasurer

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • James R. Proudfit

    Emeritus Director

    Director → Emeritus Director, 2025

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Telford W. Thomas

    Emeritus Director

    Director → Emeritus Director, 2025

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • William M. Campbell

    Emeritus Director

    Chairman → Emeritus Director, 2025

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Former officers (1)
  • Former: Brian J. Smith (2020–2021) — Director

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 Washington Financial Charitable

How much does The Washington Financial Charitable give each year?

The Washington Financial Charitable gave $222K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $268K across 2 grants.

How large is The Washington Financial Charitable?

The Washington Financial Charitable reported $473K in total assets on its 2025 IRS Form 990-PF. It paid out $236K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).

Where does The Washington Financial Charitable operate?

The Washington Financial Charitable has awarded grants in Pennsylvania.

What is The Washington Financial Charitable's EIN?

The Washington Financial Charitable's EIN (Employer Identification Number) is 47-5245615. 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.

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