William T Shannon Trust

PITTSBURGH, PA EIN: 31-6018074

William T Shannon Trust is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $167K in total assets. In 2024, it awarded 1 grants totaling $9K. Net investment income was $7K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$167K

-2.5% YoY

Annual Giving

$9K

+28.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$9K

+28.5% YoY

Under IRS private-foundation payout rules, William T Shannon Trust reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About William T Shannon Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $37K (100%)

States

Ohio

Cities

Cincinnati

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$167,228	$171,509	$184,252
Revenue	$9,515	$-3,673	$5,263
Expenses	$13,805	$9,270	$15,399
Qualifying Distributions	$11,545	$6,916	$12,813
Net Investment Income	$7,248	$2,481	$3,199
Distributable Amount	$9,718	$8,827	$9,273

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 Clifton United Methodist Church ($8,605).

Recipient	Purpose	Amount
CLIFTON UNITED METHODIST CHURCH CINCINNATI, OH	GENERAL SUPPORT	$8,605

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK N A	TRUSTEE	1	$2,704

Frequently Asked Questions

How large is William T Shannon Trust?

As of 2024, William T Shannon Trust holds $167K in total assets with $10K in annual revenue. It awarded 1 grants totaling $9K in 2024.

Where does William T Shannon Trust operate?

William T Shannon Trust has awarded grants in Ohio.

What size grants does William T Shannon Trust award?

In 2024, William T Shannon Trust awarded 1 grants totaling $9K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is William T Shannon Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William T Shannon Trust reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.