Velma & Bertha Schreus Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $336K in total assets. In 2024, it awarded 1 grants totaling $16K. Net investment income was $17K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$336K
-0.7% YoY
Annual Giving
$16K
-3.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$16K
-3.5% YoY
Under IRS private-foundation payout rules, Velma & Bertha Schreus Fund reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About Velma & Bertha Schreus Fund
Based on IRS filings
Velma & Bertha Schreus Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $336K in total assets. In 2024, it awarded 1 grants totaling $16K. Net investment income was $17K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $336,105 | $338,311 | $352,307 |
| Revenue | $19,980 | $7,648 | $885 |
| Expenses | $22,037 | $21,966 | $23,870 |
| Qualifying Distributions | $19,088 | $19,420 | $20,419 |
| Net Investment Income | $17,059 | $6,030 | $5,281 |
| Distributable Amount | $18,999 | $17,374 | $18,135 |
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 1st Presby Church of Corry ($16,359).
| Recipient | Purpose | Amount |
|---|---|---|
| 1ST PRESBY CHURCH OF CORRY CORRY, PA | GENERAL SUPPORT | $16,359 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PNC BANK NA | TRUSTEE | 2 | $5,457 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Velma & Bertha Schreus Fund?
Velma & Bertha Schreus Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $336K in total assets as of 2024.
How large is Velma & Bertha Schreus Fund?
As of 2024, Velma & Bertha Schreus Fund holds $336K in total assets with $20K in annual revenue. It awarded 1 grants totaling $16K in 2024.
Where does Velma & Bertha Schreus Fund operate?
Velma & Bertha Schreus Fund has awarded grants in Pennsylvania.
What size grants does Velma & Bertha Schreus Fund award?
In 2024, Velma & Bertha Schreus Fund awarded 1 grants totaling $16K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Velma & Bertha Schreus Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Velma & Bertha Schreus Fund reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Velma & Bertha Schreus Fund's EIN?
Velma & Bertha Schreus Fund's EIN (Employer Identification Number) is 25-6156851. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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