The Wilbur E Postles Scholarship Fund is a private non-operating foundation based in Pittsburgh, Pennsylvania. Established in 2002, the organization operates as a trust and holds 501(c)(3) tax-exempt status. The fund is structured as an independent foundation dedicated to supporting higher education through scholarship awards.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.9M
+0.3% YoY
Annual Giving
$316K
-1.3% YoY
Grant Count
41
-2.4% YoY
Avg Grant Size
$8K
+1.1% YoY
Mission & Focus Areas
The fund provides scholarship awards to support higher education. Specifically, it awards scholarships to residents of Delaware who have maintained Delaware residency for at least four years prior to applying and who will attend a college, professional, or technical school.
Grantmaking
Grant Range
$35,000
Average Grant
$35,000
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Geographic Focus
Where this funder awards grants
The fund focuses on Delaware residents, requiring applicants to have been Delaware residents for a minimum of four years prior to application. The fund's administrative office is located in Pittsburgh, Pennsylvania.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Resources:
- Total Assets (2024): $5.92 million
- Total Liabilities (2024): $0
- Assets increased 2.6% from the previous year
Annual Financial Summary (2024):
- Revenue: $455,000
- Expenses: $449,000
- Annual grants distributed: $320,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,922,717 | $5,905,737 | $6,132,977 |
| Revenue | $455,126 | $197,670 | $494,833 |
| Expenses | $449,383 | $425,737 | $460,627 |
| Qualifying Distributions | $374,315 | $376,399 | $403,022 |
| Net Investment Income | $382,229 | $144,337 | $438,856 |
| Distributable Amount | $410,945 | $367,076 | $405,308 |
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
198 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The fund is managed by co-trustees John R. Twombly Jr. and PNC Bank NA, who are compensated for their roles.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN R TWOMBLY JR | CO-TRUSTEE | 4 | $20,173 |
| PNC BANK NA | CO-TRUSTEE | 16 | $80,691 |
Subject 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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