Allegheny Foundation

Organization Overview

Allegheny Foundation is located in Pittsburgh, PA. The organization was established in 1956. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allegheny Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Allegheny Foundation generated $54.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $25.7m during the year ending 12/2021. While expenses have increased by 12.1% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Allegheny Foundation has awarded 210 individual grants totaling $53,548,800. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Pnc Financial Services Group
$364,947
Edgewood Management Llc
$298,392
Covington Investment Advisors
$247,660
Eagle Capital Management
$90,353
Hardman Johnston Global Advisors
$60,410
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $4,366
Dividends & Interest $7,407,188
Net Rental Income$0
Net Gain on Sale of Assets $46,990,955
Capital Gain Net Income $47,759,352
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $171,578
Total Revenue $54,574,087

Grants Awarded

Over the last fiscal year, Allegheny Foundation has awarded $30,484,000 in support to 103 organizations.

Grant RecipientAmount

CARNEGIE MELLON UNIVERSITY

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: CAPITAL SUPPORT

$6,000,000

COMMUNITY COLLEGE OF ALLEGHENY COUNTY

PURPOSE: CAPITAL SUPPORT

$1,700,000

SAINT VINCENT COLLEGE

Org PageRecipient Profile

Latrobe, PA

PURPOSE: CAPITAL SUPPORT

$1,500,000

ROBERT MORRIS UNIVERSITY

Org PageRecipient Profile

Moon Township, PA

PURPOSE: CAPITAL CAMPAIGN SUPPORT

$1,500,000

GREATER PITTSBURGH COMMUNITY FOOD BANK

Org PageRecipient Profile

Duquesne, PA

PURPOSE: CAPITAL CAMPAIGN SUPPORT

$1,000,000

POINT PARK UNIVERSITY

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: CAPITAL SUPPORT

$750,000
View Grant Profile

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