Tippett E Fbo Methodist Homes

PITTSBURGH, PA EIN: 23-6910775

Tippett E Fbo Methodist Homes is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.1M in total assets. In 2024, it awarded 1 grants totaling $278K. Net investment income was $585K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.1M

+4.7% YoY

Annual Giving

$278K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$278K

+0.0% YoY

Under IRS private-foundation payout rules, Tippett E Fbo Methodist Homes reported a distributable amount of $330K for 2024 — the minimum it must pay out in qualifying distributions.

About Tippett E Fbo Methodist Homes

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $1.3M (100%)

States

New York

Cities

Binghampton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,131,872	$5,857,876	$5,897,962
Revenue	$630,747	$310,320	$320,275
Expenses	$356,207	$349,332	$333,073
Qualifying Distributions	$306,587	$304,564	$267,811
Net Investment Income	$584,589	$263,810	$272,024
Distributable Amount	$330,492	$304,921	$314,319

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 United Meth Homes for Aging of Wyoming ($277,784).

Recipient	Purpose	Amount
UNITED METH HOMES FOR AGING OF WYOMING BINGHAMPTON, NY	GENERAL OPERATING	$277,784

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	$72,007

Frequently Asked Questions

How large is Tippett E Fbo Methodist Homes?

As of 2024, Tippett E Fbo Methodist Homes holds $6.1M in total assets with $631K in annual revenue. It awarded 1 grants totaling $278K in 2024.

Where does Tippett E Fbo Methodist Homes operate?

Tippett E Fbo Methodist Homes has awarded grants in New York.

What size grants does Tippett E Fbo Methodist Homes award?

In 2024, Tippett E Fbo Methodist Homes awarded 1 grants totaling $278K — an average of about $278K per grant, based on its IRS Form 990 filings.

How much is Tippett E Fbo Methodist Homes required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tippett E Fbo Methodist Homes reported a distributable amount of $330K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.