Overview
What is The Pittsburgh Foundation?
The Pittsburgh Foundation is a leading community foundation, based in Pittsburgh, Pennsylvania, with over 1,200 donor-advised funds. They facilitate grants to various nonprofit organizations by working in partnership with fund holders, Foundation staff, and the Board of Directors. With a mission to enhance the quality of life in the Pittsburgh region, they evaluate community issues, promote responsible philanthropy, and connect donors to the critical needs of the area. Established in 1945, The Pittsburgh Foundation is among the oldest and largest community foundations in the United States. Their workforce comprises 80 dedicated individuals.
Official website here: www.pittsburghfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
The Pittsburgh Foundation has achieved an impressive score of 97% from Charity Navigator, reflecting its strong performance in accountability and finance. The charity received a perfect score of 100 for its financial practices, indicating robust oversight, independence among board members, and no material diversion of assets. The foundation's transparency is further demonstrated through its comprehensive policies on conflict of interest, whistleblowing, and document management.
In addition to its financial strengths, the Foundation has a solid program expense ratio of 84.78%, highlighting its commitment to directing funds toward its mission. However, the culture and community score is somewhat lower at 73, suggesting there may be areas for improvement in fostering community engagement and equity strategies. Despite this, the Foundation's overall governance and financial integrity position it well for continued impact in the community.
While the organization excels in accountability and finance, enhancing its community engagement initiatives could further strengthen its mission. Overall, The Pittsburgh Foundation stands out as a trustworthy and well-managed nonprofit, making it a strong choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Pittsburgh Foundation?
82% of 25 reviewers on Facebook recommend The Pittsburgh Foundation. Here is a summary of their reviews:
Many individuals appreciate the foundation's commitment to addressing significant community needs, particularly for seniors. The remarks highlight a strong sense of mission and impact, suggesting that the nonprofit effectively recognizes and responds to vital issues within the community.
Overall, the sentiment leans positive, with several users noting the essential services provided and the organization's role as a supportive advocate for vulnerable populations. This indicates that The Pittsburgh Foundation is seen as a valuable resource for those requiring assistance and care.
This AI summary has been generated from reviews found on Facebook.
Is The Pittsburgh Foundation legitimate?
The Pittsburgh Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pittsburgh Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,709,325
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,379,782
For more financial information, click here
Official website here: www.pittsburghfoundation.org
What is the mission statement of The Pittsburgh Foundation?
The Pittsburgh Foundation is a community foundation that strives to enhance the quality of life in various communities. Established in 1945, it is among the oldest and largest foundations in the United States. The organization addresses community issues, promotes responsible philanthropy, and links donors with the pressing needs of their respective communities.
The foundation's donor-advised program plays a crucial role in its activities. With over 1,200 donor-advised funds, the foundation provides funding to nonprofit organizations via grants recommended by fund holders and approved by the board of directors. The foundation's team oversees these grants, ensuring they align with the organization's mission.
Official website here: www.pittsburghfoundation.org
Who is the CEO of The Pittsburgh Foundation?
Elisabeth M Schroeder is the Director of The Pittsburgh Foundation. The CEO's salary of The Pittsburgh Foundation is $597,259 and their total compensation is $664,324.
Official website here: www.pittsburghfoundation.org
What is the revenue of The Pittsburgh Foundation?
The Pittsburgh Foundation's revenue in 2022 was $91,513,611.
Official website here: www.pittsburghfoundation.org
Who are the executives of The Pittsburgh Foundation and what are their salaries?
The average compensation at The Pittsburgh Foundation during 2022 was $88,614. There are 80 employees and 550 volunteers at The Pittsburgh Foundation.
Here are 31 key members and their salaries (The Pittsburgh Foundation's CEO's salary is $597,259 and their total compensation is $664,324):
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- Compensation: $597,259
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- Compensation: $102,107
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Official website here: www.pittsburghfoundation.org
Where can I find the form 990 for The Pittsburgh Foundation?
The Pittsburgh Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pittsburghfoundation.org
Learn more at the official website: www.pittsburghfoundation.org
Mission Statement of The Pittsburgh Foundation
The Pittsburgh Foundation, established in 1945, is one of the oldest and largest community foundations in the United States. This esteemed organization is dedicated to improving the quality of life in the Pittsburgh region. By evaluating and addressing community issues, promoting responsible philanthropy, and connecting donors to the critical needs of the community, The Pittsburgh Foundation strives to make a meaningful impact.
The Pittsburgh Foundation's mission is multifaceted. It begins by identifying and addressing pressing community concerns. By evaluating the needs of the region, the Foundation is able to direct resources and funding to areas where it will have the greatest impact. In addition to this proactive approach, The Pittsburgh Foundation also promotes responsible philanthropy. It does this by ensuring that donor-advised and committee-advised funds are distributed effectively and efficiently, with oversight from Foundation staff and approval from the Board of Directors.
Furthermore, The Pittsburgh Foundation acts as a bridge, connecting donors to the needs of the community. With over 1,200 donor-advised funds, the Foundation facilitates the grant-making process. Fund holders recommend grants, which are then reviewed and approved by Foundation staff and the Board of Directors. Through this collaborative process, The Pittsburgh Foundation is able to maximize the impact of philanthropic dollars in the Pittsburgh region.
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Impact
October, 2024
The Pittsburgh Foundation significantly enhances the quality of life in the Pittsburgh region by actively addressing community challenges, encouraging responsible philanthropy, and linking donors to vital community needs. Established in 1945, it stands as one of the oldest and largest community foundations in the U.S. Through its extensive donor-advised program, which manages over 1,200 funds, the foundation provides crucial funding to local organizations via grants recommended by fund holders and vetted by its board of directors. This structured approach not only empowers donors to impact their community directly but also ensures that the foundation effectively identifies and responds to pressing regional issues.
This information is meant to be a general summary of The Pittsburgh Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $48,056,319
- Program Service Revenue: $650,187
- Gross Receipts: $500,413,100
Assets and Liabilities:
- Total Assets: $1,291,404,891
- Total Liabilities: $73,800,332
- Net Assets: $1,217,604,559
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUPPORT ORG ADMIN FEES
Revenue
$650,187
Organization Details
Founding Year
1945
Phone
(412) 391-5122Principal Officer
Elisabeth M Schroeder
Main Address
FIVE PPG PLACE 250, PITTSBURGH, PA, 152225401
Website
www.pittsburghfoundation.orgNTEE Category
Code: T310 - Philanthropy
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