Funder DirectoryHOWMET AEROSPACE FOUNDATION
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Private foundation (trust)EIN 843022317Est. 2020-05

HOWMET AEROSPACE FOUNDATION

PITTSBURGH, PA 15212

Total Assets

$188.1M

FY 2024

Annual Giving

$8.4M

FY 2024

Grants Made

209

FY 2024

Avg Grant

$40K

FY 2024

Grant Range

$1K–$1.6M

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$12.2M

Total Expenses

$14.4M

Qualifying Distributions

$8.6M

Distributable Amount

$9.1M

Min. Investment Return

$9.3M

Undistributed Income

$708K

Payout rate 94%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.94%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

209 grants

Grant sizes from minimum $1K through median $20K to maximum $1.6M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2022 to 2024. Peak $8.4M in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

THE NEIGHBORHOOD ACADEMY
$1.6M
2 grants
American Red Cross Los Angeles Region
$1.2M
6 grants
SARAH HEINZ HOUSE
$1.1M
5 grants
SOCIETY FOR SCIENCE
$950K
4 grants
FIRST (FOR THE INSPIRATION AND RECOGNITION OF SCIENCE AND TECHNOLOGY)
$650K
4 grants
SoLa Foundation
$500K
1 grant
The Pittsburgh Promise
$500K
1 grant
Purdue University
$452K
1 grant

Grant Size Distribution

500 grants

<$10K
81
grants
$10–50K
341
grants
$50–250K
69
grants
$250K–1M
8
grants
$1–5M
1
grants
$5M+

Geographic Focus

23 states

Pennsylvania
$5.9M
32% of total
California
$3.5M
19% of total
Michigan
$1.7M
9% of total
Ohio
$1.3M
7% of total
District of Columbia
$1.1M
6% of total
Indiana
$865K
5% of total
Texas
$814K
4% of total
New Hampshire
$650K
4% of total
Tennessee
$551K
3% of total
New Jersey
$450K
2% of total

+13 more states

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HOWMET AEROSPACE FOUNDATION — Grants, Financials & Contact | Grantivo