Univ of Pitts Observatory Fund

PITTSBURGH, PA EIN: 25-6094955

Univ of Pitts Observatory Fund is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $708K in total assets. In 2024, it awarded 1 grants totaling $32K. Net investment income was $26K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$708K

-1.2% YoY

Annual Giving

$32K

-9.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$32K

-9.0% YoY

Under IRS private-foundation payout rules, Univ of Pitts Observatory Fund reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.

About Univ of Pitts Observatory Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $164K (100%)

States

Pennsylvania

Cities

Pittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$708,207	$716,983	$755,577
Revenue	$35,249	$7,791	$47,059
Expenses	$43,604	$46,613	$50,441
Qualifying Distributions	$34,360	$40,625	$43,009
Net Investment Income	$25,703	$11,979	$40,719
Distributable Amount	$40,201	$37,451	$41,370

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 University of Pittsburgh ($32,073).

Recipient	Purpose	Amount
UNIVERSITY OF PITTSBURGH PITTSBURGH, PA	OBSERVATORY FUND	$32,073

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK N A	TRUSTEE	3	$11,434

Frequently Asked Questions

How large is Univ of Pitts Observatory Fund?

As of 2024, Univ of Pitts Observatory Fund holds $708K in total assets with $35K in annual revenue. It awarded 1 grants totaling $32K in 2024.

Where does Univ of Pitts Observatory Fund operate?

Univ of Pitts Observatory Fund has awarded grants in Pennsylvania.

What size grants does Univ of Pitts Observatory Fund award?

In 2024, Univ of Pitts Observatory Fund awarded 1 grants totaling $32K — an average of about $32K per grant, based on its IRS Form 990 filings.

How much is Univ of Pitts Observatory Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Univ of Pitts Observatory Fund reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Univ of Pitts Observatory Fund's EIN?

Univ of Pitts Observatory Fund's EIN (Employer Identification Number) is 25-6094955. IRS Form 990 filing data is available on this page for 2020–2024.