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Nonprofit · EIN 25-0965466

THE PITTSBURGH FOUNDATION

Tax-exempt · PITTSBURGH, PA 15222

Financials

$80.3M$80.8M2023$159.1M$88.3M2024
Revenue Expenses · by fiscal year end
Financials of THE PITTSBURGH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$159,126,734$88,303,139$70,823,595$1,541,081,247$92,388,344$1,448,692,903
December 31, 2023990$80,275,888$80,771,324-$495,436$1,401,303,944$77,457,301$1,323,846,643
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$88,007,135
Program service revenue
$879,991
Investment income
$70,227,933
Net gain from sales of assets
$43,684,370
Other revenue
$11,675

Expenses

Grants and similar amounts paid
$67,721,190
Compensation of officers, directors and key employees
$1,929,842
Other salaries and wages
$6,089,067
Salaries, compensation and benefits (total)
$10,179,908
Professional fundraising fees
$0
Legal fees
$173,868
Accounting fees
$152,134
Occupancy
$765,681
Travel
$187,816
Depreciation
$115,344
Program services (functional)
$75,364,790
Management and general (functional)
$10,110,445
Fundraising (functional)
$2,827,904

Balance sheet and other

Total assets, start of year
$1,401,303,944
Total assets, end of year
$1,541,081,247
Total liabilities, end of year
$92,388,344
Net assets, end of year
$1,448,692,903
Land, buildings and equipment
$8,967,784
Publicly traded securities
$913,079,162
Net assets without donor restrictions
$68,062,511
Net assets with donor restrictions
$1,380,630,392
Gross unrelated business income
-$223,991
Gross receipts
$464,558,977
Employees
80
Volunteers
432
Year formed
1945
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ELISABETH SCHROEDERPRESIDENT/CEO
Officer
50$647,859$72,441
JONATHAN BRELSFORDCIO & SVP OPERATIONS
Officer
40$307,282$72,223
DOUG ROOTVP COMMUNICATIONS
Highest-paid employee
40$247,883$53,121
BRYAN TAIT ASST TREASURERCHIEF FINANCIAL & OPERATIONS OFFICER
Officer
40$222,428$63,644
PHIL KOCHVP POLICY/COMM IMPACT
Highest-paid employee
40$220,231$65,215
JENNIE ZIONCHECKCHIEF OF STAFF/STRAT IMPLE
Highest-paid employee
40$229,503$54,341
MICHELLE MCMURRAY VPPROGRAM & COMMUNITY ENGAGEMENT
Key employee
40$212,589$62,543
LINDSAY AROESTYVP DEVELOPMENT & DONOR SVC
Key employee
40$202,657$66,173
MICHAEL YONASVP PUB HEALTH RESEARCH/LEARNING
Highest-paid employee
40$187,610$58,107
CHARMELLE JACKSONCHIEF HR & CULTURE OFFICER
Highest-paid employee
40$174,160$46,888
WILL ALLENDIRECTOR
Trustee or director
1$0$0
MARC CHERNADIRECTOR
Trustee or director
1$0$0
DEBORAH DEMCHAKDIRECTOR
Trustee or director
1$0$0
LAURA ELLSWORTHDIRECTOR
Trustee or director
1$0$0
WILLIAM GENERETT JRDIRECTOR
Trustee or director
1$0$0
12 more people on this return
NameTitleHours / weekCompensation
REV GLENN GRAYSONDIRECTOR
Trustee or director
1$0
RICHARD LERACHDIRECTOR
Trustee or director
1$0
DAVID LEWISDIRECTOR
Trustee or director
1$0
AMY K MARSHDIRECTOR
Trustee or director
1$0
TERRY MILLERDIRECTOR
Trustee or director
1$0
TONI MURPHYDIRECTOR (EXIT 4/24)
Trustee or director
1$0
JORDAN PALLITTODIRECTOR
Trustee or director
1$0
DR WALTER SMITHDIRECTOR
Trustee or director
1$0
RICHARD TAYLORDIRECTOR
Trustee or director
1$0
JOHN R MCGINLEY JRCHAIR
Trustee or director, Officer
1$0
KAMAL NIGAMSECRETARY
Trustee or director, Officer
1$0
LAURA KARETTREASURER
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 27 people
NameTitleHours / weekCompensationOther / benefits
ELISABETH SCHROEDERPRESIDENT/CEO
Officer
50$616,727$73,375
JONATHAN BRELSFORDCIO & SVP OPERATIONS
Officer
40$293,187$68,265
DOUG ROOTVP COMMUNICATIONS
Highest-paid employee
40$229,726$50,874
PHIL KOCHVP POLICY/COMM IMPACT
Highest-paid employee
40$205,908$62,730
MICHELLE MCMURRAYVP PROGRAM & COMMUNITY ENGAGEMENT
Key employee
40$202,438$60,140
JENNIE ZIONCHECKCHIEF OF STAFF/STRAT IMPLEMENTATION
Highest-paid employee
40$208,240$51,962
BRYAN TAIT ASST TREASURERVP FINANCE & OPERATIONS
Officer
40$195,016$59,691
LINDSAY AROESTYVP DEVELOPMENT & DONOR SVC
Key employee
40$179,600$63,954
MICHAEL YONASVP PUB HEALTH RESEARCH/LEARNING
Highest-paid employee
40$176,843$56,290
JANE DOWNINGSR PROGRAM OFFICER
Highest-paid employee
40$177,545$33,965
MARC CHERNADIRECTOR
Trustee or director
1$0$0
DEBORAH DEMCHAKDIRECTOR
Trustee or director
1$0$0
LAURA ELLSWORTHDIRECTOR
Trustee or director
1$0$0
WILLIAM GENERETT JRDIRECTOR
Trustee or director
1$0$0
REV GLENN GRAYSONDIRECTOR
Trustee or director
1$0$0
DAVID LEWISDIRECTOR
Trustee or director
1$0$0
AMY K MARSHDIRECTOR
Trustee or director
1$0$0
TERRY MILLERDIRECTOR
Trustee or director
1$0$0
TONI MURPHYDIRECTOR
Trustee or director
1$0$0
JORDAN PALLITTODIRECTOR
Trustee or director
1$0$0
WILLIAM STRICKLANDDIRECTOR
Trustee or director
1$0$0
DR WALTER SMITHDIRECTOR
Trustee or director
1$0$0
RICHARD TAYLORDIRECTOR
Trustee or director
1$0$0
JOHN R MCGINLEY JRCHAIR
Trustee or director, Officer
1$0$0
ANNE V LEWISVICE-CHAIR
Trustee or director, Officer
1$0$0
KAMAL NIGAMSECRETARY
Trustee or director, Officer
1$0$0
LAURA KARETTREASURER
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
91FT DUQUESNE BLVD FL 10, PITTSBURGH, PA 15222-0000
Principal officer (990 for 2024)
ELISABETH M SCHROEDER, 912 FT DUQUESNE BLVD 10TH FLOOR, PITTSBURGH, PA 15222
Signed the 990
ELISABETH M SCHROEDER, PRESIDENT/CEO
Phone
(412) 391-5122
Return prepared by
SCHNEIDER DOWNS & CO INC

Mission

ESTABLISHED IN 1945, THE PITTSBURGH FOUNDATION IS ONE OF THE OLDEST AND LARGEST COMMUNITY FOUNDATIONS IN THE UNITED STATES. SEE ADDITIONAL INFORMATION IN SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • DONOR-ADVISED PROGRAM: WITH MORE THAN 1,200 DONOR-ADVISED FUNDS, THE FOUNDATION'S DONOR-ADVISED PROGRAM PROVIDES FUNDING TO NONPROFIT ORGANIZATIONS THROUGH GRANTS MADE FROM DONOR-ADVISED AND COMMITTEE-ADVISED FUNDS. GRANTS ARE RECOMMENDED BY FUND HOLDERS, WITH OVERSIGHT BY FOUNDATION STAFF AND APPROVAL BY THE BOARD OF DIRECTORS.
    Expenses $34,264,011 · grants $33,713,784
  • COMPETITIVE GRANT-MAKING PROGRAM: THE FOUNDATION'S COMPETITIVE GRANT-MAKING PROGRAM AWARDS GRANTS MADE THROUGH UNRESTRICTED FUNDS AND FIELD-OF-INTEREST FUNDS THAT ALIGN WITH THE DONOR'S INTENT. WITH UNRESTRICTED AWARDS, FOUNDATION STAFF DETERMINES USE OF THESE FUNDS BY STRIVING TO MATCH DONORS' PHILANTHROPIC GOALS WITH THE COMMUNITY'S MOST PRESSING CHARITABLE NEEDS. WITH FIELD-OF-INTEREST GRANTS, STAFF DETERMINE COMPETITIVE GRANT CRITERIA BASED ON NAMED AREAS OF INTEREST, SUCH AS THE ARTS, EDUCATION, ECONOMIC DEVELOPMENT, ETC.
    Expenses $22,165,377 · grants $21,401,580
  • DONOR-DESIGNATED GRANT-MAKING PROGRAM: THE FOUNDATION'S DESIGNATED GRANT-MAKING PROGRAM ALLOWS DONORS TO CREATE FUNDS THROUGH WHICH THEY SPECIFY ELIGIBLE NONPROFIT ORGANIZATIONS TO RECEIVE ANNUAL GRANTS IN PERPETUITY, ADMINISTERED BY FOUNDATION STAFF.
    Expenses $8,127,091 · grants $8,093,023
  • OTHER GRANT-MAKING PROGRAMS: THE FOUNDATION MANAGES VARIOUS OTHER PROGRAMS, INCLUDING: A SCHOLARSHIP PROGRAM THAT PROVIDES STUDENTS ACCESS TO HUNDREDS OF SCHOLARSHIP OPPORTUNITIES BASED ON CRITERIA ESTABLISHED BY THE FOUNDATION AND THAT ALIGNS WITH THE DONOR'S PHILANTHROPIC GOALS; AGENCY ENDOWMENTS ESTABLISHED BY NONPROFIT ORGANIZATIONS; ADMINISTERING VARIOUS SUPPORTING ORGANIZATIONS; AND SUPPORTING OTHER COMMUNITY NEEDS PROGRAMS. THE FOUNDATION ALSO PROVIDES OPERATING SUPPORT TO ITS SUPPORTING ORGANIZATIONS.
    Expenses $10,808,311 · grants $4,512,803 · revenue $879,991

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
25-0965466
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,541,081,247
Income (IRS master file)
$464,558,977

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$159,126,734$88,303,139$1,541,081,247XML
990-TDecember 2024–––IRS
990December 2023$80,275,888$80,771,324$1,401,303,944XML
990-TDecember 2023–––IRS
990December 2022$91,513,611$82,468,046$1,291,404,891IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 25-0965466).

Questions about THE PITTSBURGH FOUNDATION

What is the EIN of THE PITTSBURGH FOUNDATION?
The employer identification number (EIN) of THE PITTSBURGH FOUNDATION is 25-0965466.
Is THE PITTSBURGH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to THE PITTSBURGH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE PITTSBURGH FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE PITTSBURGH FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE PITTSBURGH FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE PITTSBURGH FOUNDATION?
The 990 for the year ended December 31, 2024 names ELISABETH M SCHROEDER.
Who are the officers and directors of THE PITTSBURGH FOUNDATION?
The 990 for the year ended December 31, 2024 lists 27 people; 10 received compensation from the organization, the highest $647,859 (ELISABETH SCHROEDER, PRESIDENT/CEO).
How much revenue does THE PITTSBURGH FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $159,126,734, expenses of $88,303,139 and total assets of $1,541,081,247 at year end.

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