Milton Roberts Tw FY2024 filing

Pittsburgh, PAPrivate foundation / grantmakerEIN 52-6024417Revenue $2.8M in FY2024

On file with the IRS500 First Ave P7-Pfsc-03-Z · Pittsburgh, PA

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$146K paid to officers and key staff.
Pay: Part VII

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FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
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
2 of 6
filings with a surplus
Average deficit $3.1M a year · 310% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$146K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
990-PF Pt VIII
Cash reserves
196 mo
of spending, in cash
Looks good: 196.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
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
$2.8M
+54% vs prior year
Spent
$1.1M
Net assets
$18.6M
By yearFY2020–FY2025
Revenue
$2.8M
FY2024▲ +54%
Tap a bar for its year
Revenue by fiscal year
FY2020$243K
FY2021$624K
FY2022$461K
FY2023$1.8M
FY2024$2.8M
FY2025$61K
Expenses
$1.1M
FY2024▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$1.1M
FY2022$1.2M
FY2023$1.1M
FY2024$1.1M
FY2025$18.7M
Net assets
$18.6M
FY2024▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$17.8M
FY2021$17.1M
FY2022$16.4M
FY2023$17.0M
FY2024$18.6M
FY2025$0

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2024 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 Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 82% · $937K Operating & administrative 18% · $201K

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

1 person listed on the 990-PF; $146K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2024 filing did not itemize Part VII
$145,859Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2021
PNC Bank N A$10,132$145,859

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 · 4 grants · $18.7M · 2025–2025
Woodbourne Charitable TrustFY2025$4,681,785
The Wesley INCFY2025$4,681,785
Medstar Harbor HospitalFY2025$4,681,785
Sinai Hospital of BaltimoreFY2025$4,681,785

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$4.7M
Median grantPart XV$4.7M
Largest grantPart XV$4.7M

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$2.8M
Investment income$2.8M
Other income$565
Money out
$1.1M
Grants paid$937K
Running costs$201K
Owns and owes
$18.6M
net assets
Cash and savings$18.6M
Total assets$18.6M
Liabilities$0
People
1
listed
Paid1
2In more detail
Revenue in detail
Investment income$2.8M
Other income$565
Total revenue$2.8M
Assets in detailEnd of year
Cash and savings together$18.6M
Total assets$18.6M
Liabilities$0
Net assets$18.6M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $61K$18.7M−$18.7M$0 990 PDF
FY2024 Viewing $2.8M$1.1M$1.6M$18.6M 990 PDF
FY2023 $1.8M$1.1M$674K$17.0M 990 PDF
FY2022 $461K$1.2M−$714K$16.4M 990 PDF
FY2021 $624K$1.1M−$498K$17.1M 990 PDF
FY2020 $243K$1.1M−$843K$17.8M 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) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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