Claude Worthington Benedum Foundation

Nonprofit profile at a glance

EIN
251086799
IRS 990-PF coverage
2020–2024
Forms available
Form 990-PF 2024, Form 990-T 2024
Location
Pittsburgh, PA, USA
Phone
4122880360
Rating
92
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$5,913,557
Expenses
$18,126,456

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Claude Worthington Benedum Foundation is a nonprofit. Location: Pittsburgh, PA. EIN 251086799.

What it reported funding in 2024

The foundation reported 198 grants totaling $13,992,543. The stated grant purposes included to provide therapy services on a financial sliding scale to individuals seeking mental health treatment, for the expanding markets program, supporting growth and diversification of manufacturers and business services in the region by facilitating export opportunities, fostering b2b connections, and providing technical support (over three years), and to support the allegheny conferences 2024-2026 work plan, which strives to advance a thriving, future-focused economy for southwestern pennsylvania, plus 175 other reported purposes.

Operating model

Revenue model
Other-operating. 78% of the foundation's positive operating resources came from other operating revenue.
Distribution model
Grant intermediary. The foundation distributed 84% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. The filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 97
  • Cost Efficiency: 80
  • Transparency: 100
  • Compliance: 94
  • Endowment Health: 79

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 97.2%; rating input score 97; 41st percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 79.7%; rating input score 80; 45th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 17 of 19 controls in place; rating input score 89
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Fail
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 31.01; rating input score 79; 79th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 97.2% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 79th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 234 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Compliance: Part VII-B activity disclosures: 2 of 19 not reported.