Cause IQ organization profile

Dietrich Foundation

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Dietrich Foundation is a public foundation based in Pittsburgh, PA that was founded in 2011. As of 2018 they had $58 million in revenue and $897 million in assets.

The Dietrich Foundation benefits higher education, principally in the greater Pittsburgh area, by providing ongoing and increasing financial support to six educational institutions that were important to Mr. Dietrich.

Previous legal names or variations of their name include: Usx Tower.

EIN:
36-4711746
City:
State:
Website:
Phone:
412-261-2766
Founded:
2011
Type:
501(c)(3)
NTEE:
Revenue:
$58,391,545
Assets:
$897,707,926
Employees:
12
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Dietrich Foundation

Per the declaration of trust dated august 23, 2011 of william s. dietrich ii revocable trust and the dietrich foundation (the "trust"), the foundation distributes annually, or more frequently, an amount from net income equal to substantially all (at least 85%) of its annual net income (as defined in the trust). In the event that the total amount distributed annually under this requirement should consistently fall below a rate of 3%, the annual distribution amount will approximate 3% of the fair value of the foundation's assets (net of acquisition indebtedness) as determined on january 1 of each year. In may 2017, the foundation made its annual distribution to its supported organizations equal to 3.0% of net assets as calculated at january 1, 2016.

Form 990s for Dietrich Foundation

Fiscal year endingDate received by IRSFormPDF link
2017-12Feb 21, 2019990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Mar 31, 2017990View PDF
2014-12Feb 16, 2016990View PDF
2013-12Dec 29, 2014990View PDF
...and two more Form 990 PDFs

Financials for Dietrich Foundation

Field2017
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$3,506,958
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$54,884,587
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$58,391,545

Vendors for Dietrich Foundation

VendorServicesAmount paidDate
Microsoft ServicesSoftware2019-09-06
██████Fundraising software2019-09-05
███████ ███ ████Fundraising software; Payment processing2019-09-05
█████████Content management system software2019-09-05
█████████ ███ ██ ███Tax accounting2019-02-01
███████ █████ ██████████Investment Management$498,1432017-12-01

Personnel at Dietrich Foundation

NameTitleCompensationMost recent data
Edward J GrefenstettePresident, Chief Executive Officer and Chief Information Officer$1.0 millionFeb. 1, 2019
Nancy A WatsonVice President of Finance$171,000June 3, 2018
███████ ████████Managing Director$297,423July 17, 2019
███ █ ████████Senior Investment Analyst$206,055Dec. 31, 2017

Peer grantmaking public charity foundations

 NameTypeRevenueLocation
1The University of Florida Foundation501(c)(3)$161 millionGainesville, FL
2Navy Seal Foundation501(c)(3)$32 millionVirginia Beach, VA
3Robert R. McCormick Foundation501(c)(3)$67 millionWheaton, IL
4Jerusalem Foundation501(c)(3)$33 millionIsrael,
5Valley Children's Healthcare Foundation501(c)(3)$19 millionMadera, CA
6Parkland Foundation501(c)(3)$21 millionDallas, TX
7Blanche Ebert Seaver Trust for Frank R Seaver College501(c)(3)$17 millionChicago, IL
8Sunnybrook Foundation501(c)(3)$44 millionCanada,
9Impact Investing Charitable Foundation501(c)(3)$15 millionLenexa, KS
10Gary Sinise Foundation501(c)(3)$28 millionLos Angeles, CA
11Rady Children's Hospital Foundation501(c)(3)$39 millionSan Diego, CA
12John G. Kenedy Jr. Charitable Trust501(c)(3)$18 millionSan Antonio, TX
13Anne Ray Foundation501(c)(3)$279 millionEden Pairie, MN
14UW Eugene Higgins Charity Trust501(c)(3)$16 millionProvidence, RI
15J. A. & Leta M. Chapman Charitable Trust501(c)(3)$66 millionTulsa, OK
16Oberkotter Foundation501(c)(3)$23 millionPhiladelphia, PA
17Connelly Foundation501(c)(3)$18 millionW Cnshohocken, PA
18Grable Foundation501(c)(3)$25 millionPittsburgh, PA
19Borealis Philanthropy501(c)(3)$23 millionMinneapolis, MN
20The Naval Institute Foundation501(c)(3)$21 millionAnnapolis, MD
21LuEsther T Mertz Charitable Trust501(c)(3)$18 millionNew York, NY
22Children's Health Care Foundation501(c)(3)$25 millionMinneapolis, MN
23Entertainment Industry Foundation501(c)(3)$68 millionLos Angeles, CA
24The Hartwell Foundation Corporation501(c)(3)$15 millionMemphis, TN
25Loomis Foundation501(c)(3)$28 millionOverland Park, KS

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