Psea Scholarship Trust FY2022 filing

Tax-deductible

Pittsburgh, PA501(c)(3)EducationEIN 23-2225710Revenue $37K in FY2022

On file with the IRSPo Box 185, 15230-0185 · Pittsburgh, PATax-exempt since Nov 2015Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

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FY2022 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $12K a year · 22% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
12 mo
of spending, in cash
Looks good: 12.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$37K
-51% vs prior year
Spent
$35K
Net assets
$452K
By yearFY2020–FY2025
Revenue
$37K
FY2022▼ -51%
Tap a bar for its year
Revenue by fiscal year
FY2020$34K
FY2021$74K
FY2022$37K
FY2023$42K
FY2024$65K
FY2025$67K
Expenses
$35K
FY2022▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$29K
FY2021$30K
FY2022$35K
FY2023$35K
FY2024$45K
FY2025$74K
Net assets
$452K
FY2022+0.3%
Tap a bar for its year
Net assets by fiscal year
FY2020$407K
FY2021$451K
FY2022$452K
FY2023$459K
FY2024$479K
FY2025$472K

From the FY2022 Form 990 (year ending August 2022) · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 76% · $27K Operating & administrative 24% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
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Programs and updates

A private foundation based in Pittsburgh, PA.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 20 grants · $65K · 2024–2024
Pennsylvania Western UniversityFY2024$7,750
University of Pittsburgh at GreensburgFY2024$7,750
The Pennsylvania State UniversityFY2024$7,750
Commonwealth University BloomsburgFY2024$4,750
Millersville UniversityFY2024$4,750
Elizabethtown CollegePA · FY2024$4,750
Pennsylvania Western University at EdinbFY2024$2,500
St Vincent CollegeFY2024$2,000
Duquesne UniversityFY2024$2,000
Pennsylvania Western University at EdinbFY2024$2,000
Kutztown UniversityFY2024$2,000
Grove City CollegePA · FY2024$1,000
Shippensburg UniversityFY2024$1,000
Juniata CollegePA · FY2024$1,000
University of Pittsburgh at JohnstownFY2024$1,000
Shippensburg UniversityFY2024$1,000
See all 20 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV4
Average grantPart XV$3K
Median grantPart XV$2K
Largest grantPart XV$8K
Top cause focusNTEEColleges & Universities (15%)

By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$37K
Investment income$19K
Gifts and grants$17K
Money out
$35K
Grants paid$27K
Running costs$8K
Owns and owes
$452K
net assets
Cash and savings$37K
Total assets$452K
Liabilities$0
2In more detail
Revenue in detail
Gifts and grants$17K
Investment income$19K
Total revenue$37K
Assets in detailEnd of year
Cash and savings together$37K
Total assets$452K
Liabilities$0
Net assets$452K
Operations
Fiscal year endsAugust

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $67K$74K−$7K$472K 990 PDF
FY2024 $65K$45K$21K$479K 990 PDF
FY2023 $42K$35K$6K$459K 990 PDF
FY2022 Viewing $37K$35K$1K$452K 990 PDF
FY2021 $74K$30K$44K$451K 990 PDF
FY2020 $34K$29K$5K$407K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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