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.
Key facts about Wilbur E Postles Scholarship Fund
- EIN
- 51-6010602
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $315,800
- Grants made (2024)
- 41
- Average grant
- $7,702
- Median grant
- $7,500
- Total assets
- $5,922,717
- Primary geography
- Pennsylvania (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Wilbur E Postles Scholarship Fund funds
By grant dollars, the top recipient states for Wilbur E Postles Scholarship Fund's 41 itemized 2024 grants were Pennsylvania (100%). The most frequent recipient cities were Pittsburgh, PA (41 grants). None of its 41 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (40 grants).
How Wilbur E Postles Scholarship Fund gives
- Giving held roughly steady from 2021 to 2024 (+10%). Method
- In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Wilbur E Postles Scholarship Fund
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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
Under IRS private-foundation payout rules, Wilbur E Postles Scholarship Fund reported a distributable amount of $411K for 2024 — the minimum it must pay out in qualifying distributions.
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
Ready to take the next step with Wilbur E Postles Scholarship Fund?
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
Share of all 41 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
Among its reported 2024 grants, the largest recipients include Kevin Kramer ($10,000), Olivia Muir ($10,000), Sabrina Fairley ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| KEVIN KRAMER Pittsburgh, PA | SCHOLARSHIP | $10,000 |
| OLIVIA MUIR Pittsburgh, PA | SCHOLARSHIP | $10,000 |
| SABRINA FAIRLEY Pittsburgh, PA | SCHOLARSHIP | $10,000 |
| OLIVIA KNESTAUT Pittsburgh, PA | SCHOLARSHIP | $10,000 |
| ASHLYN TOPPIN Pittsburgh, PA | SCHOLARSHIP | $10,000 |
| CIERRA HOLMES Pittsburgh, PA | SCHOLARSHIP | $10,000 |
| OLIVIA DELGADO Pittsburgh, PA | SCHOLARSHIP | $10,000 |
| COLE GARLICK Pittsburgh, PA | SCHOLARSHIP | $10,000 |
| PRIYA GUPTA Pittsburgh, PA | SCHOLARSHIP | $10,000 |
| DAKOTA HICKERSON Pittsburgh, PA | SCHOLARSHIP | $10,000 |
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 IRS 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
Frequently Asked Questions
What does Wilbur E Postles Scholarship Fund fund?
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.
How do I apply for a grant from Wilbur E Postles Scholarship Fund?
**Grant Activity:** • 2024: 42 grants awarded totaling approximately $320,000 • Average grant size: $35,000 • The fund reports being open to new applicants, with approximately 12% of new applicants funded **Recent Financial Activity:** • 2024 Revenue: $455,000 • 2024 Expenses: $449,000 • The fund maintains an expense ratio of 215.4% of total revenue spent on programs
Where does Wilbur E Postles Scholarship Fund make 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.
What size grants does Wilbur E Postles Scholarship Fund award?
In 2024, Wilbur E Postles Scholarship Fund awarded 41 grants totaling $316K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Wilbur E Postles Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Wilbur E Postles Scholarship Fund reported a distributable amount of $411K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Wilbur E Postles Scholarship Fund's EIN?
Wilbur E Postles Scholarship Fund's EIN (Employer Identification Number) is 51-6010602. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.