The Wabtec Foundation is a corporate foundation based in Pittsburgh, Pennsylvania, established in 2007. It is a 501(c)(3) organization that provides financial assistance to other exempt organizations, with a focus on making meaningful, sustainable impact in communities where Wabtec operates.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.8M
+22.5% YoY
Annual Giving
$839K
+28.3% YoY
Grant Count
254
-20.1% YoY
Avg Grant Size
$3K
+60.6% YoY
Mission & Focus Areas
The foundation's exempt purpose is providing funding to other nonprofit organizations. The foundation prioritizes support for:
- Education – Programs that achieve measurable knowledge increases, improvement in academic progress, or employment outcomes. Particular emphasis on science, technology, engineering, and math (STEM) education, literacy, and improving K-12 academic outcomes.
- Environment – Environmental initiatives and sustainability efforts.
- Human Services – Community development and human services programs.
The foundation gives preference to nonprofits that strategically focus on education and the environment.
Grantmaking
The foundation supports only registered, nonprofit, tax-exempt 501(c)(3) charitable organizations (or equivalent outside the United States) that:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Pennsylvania, New York, and Florida. The foundation also supports programs internationally, including scholarship initiatives in India.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $14,842,058
- Total revenues: $3,799,349
- Total expenses: $1,022,500
- Total giving: $838,974
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,842,058 | $12,111,801 | $10,594,178 |
| Revenue | $3,799,349 | $2,332,595 | $1,858,517 |
| Expenses | $1,022,500 | $807,234 | $665,441 |
| Qualifying Distributions | $911,913 | $716,900 | $589,277 |
| Net Investment Income | $683,698 | $242,111 | $279,533 |
| Distributable Amount | $759,603 | $595,502 | $523,224 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from Wabtec Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAFAEL SANTANA | PRESIDENT/DIRECTOR | 1 | — |
| NICOLE B THEOPHILUS EXECUTIVE | VP/CHRO, (EXIT 4/24, ENTER 7/24) | 1 | — |
| ALBERT J NEUPAVER | DIRECTOR | 1 | — |
| WILLIAM E KASSLING | DIRECTOR | 1 | — |
| MATT TOTSCH INTERIM EXECUTIVE | VICE PRESIDENT/CHRO (4/24 - 7/24) | 1 | — |
Recent Activity
Recent developments and announcements
Recent grants made in 2024 include:
Dekalb Chapter of 100 Black Men: $85,000 (General Support)
Scholarship America - Detroit Regional Dollars for Scholars: $70,000 (General Support)
Veterans Community Project: $30,000 (General Support)
The foundation has expanded scholarship programs internationally, including partnerships focused on developing the next generation of innovators in communities where Wabtec operates.
Wabtec Foundation - Full Filing - Nonprofit Explorer - ProPublicaSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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