William Almstedt Foundation

PITTSBURGH, PA EIN: 61-6040019

William Almstedt Foundation is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $817K in total assets. In 2025, it awarded 5 grants totaling $40K. Net investment income was $34K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$817K

-1.4% YoY

Annual Giving

$40K

-2.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$8K

-2.9% YoY

Under IRS private-foundation payout rules, William Almstedt Foundation reported a distributable amount of $48K for 2025 — the minimum it must pay out in qualifying distributions.

About William Almstedt Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $213K (100%)

States

Kentucky

Cities

Louisville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$817,186	$828,613	$836,088
Revenue	$41,124	$44,585	$-7,597
Expenses	$52,530	$51,604	$57,138
Qualifying Distributions	$44,504	$45,261	$47,306
Net Investment Income	$33,970	$37,731	$11,377
Distributable Amount	$47,764	$44,060	$42,139

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include The Episcopal Church Home ($10,000), Home of the Innocents ($9,000), Childrens Hospital Foundation ($9,000).

Recipient	Purpose	Amount
AMERICAN RED CROSS LOUISVILLE, KY	GENERAL SUPPORT	$3,000
METRO UNITED WAY INC LOUISVILLE, KY	GENERAL SUPPORT	$8,902
HOME OF THE INNOCENTS LOUISVILLE, KY	GENERAL SUPPORT	$9,000
THE EPISCOPAL CHURCH HOME LOUISVILLE, KY	GENERAL SUPPORT	$10,000
CHILDRENS HOSPITAL FOUNDATION LOUISVILLE, KY	GENERAL SUPPORT	$9,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
PNC BANK N A	TRUSTEE	1	$11,505

Frequently Asked Questions

How large is William Almstedt Foundation?

As of 2025, William Almstedt Foundation holds $817K in total assets with $41K in annual revenue. It awarded 5 grants totaling $40K in 2025.

Where does William Almstedt Foundation operate?

William Almstedt Foundation has awarded grants in Kentucky.

What size grants does William Almstedt Foundation award?

In 2025, William Almstedt Foundation awarded 5 grants totaling $40K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is William Almstedt Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, William Almstedt Foundation reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.