TY 2024 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public Inspection

For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024

Name of foundation
ALLEGHENY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)301 GRANT ST ONE OXFORD CTR STE3
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA152196401

A Employer identification number

25-6012303

B Telephone number (see instructions)

(412) 392-2900

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$595,889,485J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	1,254,047		1,254,047
4	Dividends and interest from securities...	10,145,124		10,513,421
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		23,761,573
b	Gross sales price for all assets on line 6a 121,004,733
7	Capital gain net income (from Part IV, line 2)...			24,072,502
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	578,100	-297,737
12	Total. Add lines 1 through 11........	35,738,844		35,542,233
13	Compensation of officers, directors, trustees, etc.	623,500		107,075	516,425
14	Other employee salaries and wages......	209,659		13,447	196,212
15	Pension plans, employee benefits.......	347,306		50,459	295,632
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	47,183	6,879	40,304
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	903,613	903,613	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	481,234	0	0
19	Depreciation (attach schedule) and depletion...		111,808	0
20	Occupancy..............	207,295		34,917	204,570
21	Travel, conferences, and meetings.......	11,379		0	11,379
22	Printing and publications..........	1,312		0	1,312
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	102,300	11,676	90,319
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	3,046,589		1,128,066	1,356,153
25	Contributions, gifts, grants paid.......	20,116,225			24,065,500
26	Total expenses and disbursements. Add lines 24 and 25	23,162,814		1,128,066	25,421,653
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	12,576,030
b	Net investment income (if negative, enter -0-)			34,414,167
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2024)

Form 990-PF (2024)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	23,842	25,309	25,309
	2	Savings and temporary cash investments.........	18,015,443	25,476,638	25,476,638
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	16,661	16,357	16,357
	10a	Investments—U.S. and state government obligations (attach schedule)	10,496,174	List of Attached Documents: // Content 11,058,579	10,878,346
	b	Investments—corporate stock (attach schedule).......	168,246,142	List of Attached Documents: // Content 171,523,817	335,528,462
	c	Investments—corporate bonds (attach schedule).......	29,647,135	List of Attached Documents: // Content 6,782,998	6,790,934
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	138,991,703	List of Attached Documents: // Content 159,271,457	216,493,771
	14	Land, buildings, and equipment: basis 1,067,699
		Less: accumulated depreciation (attach schedule) 871,173	297,570	196,526	196,526
	15	Other assets (describe )	List of Attached Documents: // Content 718,930	List of Attached Documents: // Content 483,142	List of Attached Documents: // Content 483,142
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	366,453,600	374,834,823	595,889,485
	17	Accounts payable and accrued expenses..........	39,245	42,435
	18	Grants payable.................	6,582,000	2,632,725
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	List of Attached Documents: // Content 804,294	List of Attached Documents: // Content 555,572
	23	Total liabilities (add lines 17 through 22).........	7,425,539	3,230,732
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	359,028,061	371,604,091
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	359,028,061	371,604,091
	30	Total liabilities and net assets/fund balances (see instructions).	366,453,600	374,834,823

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

359,028,061

Enter amount from Part I, line 27a .....................

12,576,030

Other increases not included in line 2 (itemize) right arrow

Add lines 1, 2, and 3 ..........................

371,604,091

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

371,604,091

Form 990-PF (2024)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation
1 a	PUBLICLY TRADED SECURITIES
b	ACCOLADE PARTNERS IX, L.P.	P
c	BLUE OWL HEALTHCARE OPPORTUNITIES IV LP	P
d	HUDSON BAY FUND LP	P
e	DOVER STREET XI, LP	P
	HAMILTON LANE MARKET STREET OPP FUND	P
	HAMILTON LANE MARKET STREET OPP FUND II	P
	GCM GROSVENOR	P
	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	120,648,809	96,932,231	23,716,578
b	28		28
c	68,626		68,626
d	31,631		31,631
e	24,579		24,579
	132,352		132,352
	50,407		50,407
	3,306		3,306
	44,995		44,995

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			23,716,578
b			28
c			68,626
d			31,631
e			24,579
			132,352
			50,407
			3,306
			44,995

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	24,072,502
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	478,357
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	478,357
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	478,357
6	Credits/Payments:

a	2024 estimated tax payments and 2023 overpayment credited to 2024	6a	480,024
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	90,000
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	570,024
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. List of Attached Documents: // Content		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	91,667
11	Enter the amount of line 10 to be: Credited to 2025 estimated tax91,667	Refunded	11	0

Form 990-PF (2024)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. right arrow

$ 0(2) On foundation managers. right arrow

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XIV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.

If "Yes," complete Part XIII .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

WWW.SCAIFE.COM

The books are in care of right arrow

ALLEGHENY FOUNDATION Telephone no. right arrow

(412) 392-2900

Located at right arrow

301 GRANT ST STE 3900PITTSBURGHPA ZIP+4 right arrow

152196401

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... right arrow

and enter the amount of tax-exempt interest received or accrued during the year ........ right arrow

16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country? .................

16 No

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow

Form 990-PF (2024)

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........

1a(1)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............

1a(4)

Yes

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)? ......................

1a(5)

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.) ...............

1a(6)

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2024? .............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d

and 6e) for tax year(s) beginning before 2024?....................

If "Yes," list the years right arrow

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

Yes

If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2024.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..

Form 990-PF (2024)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive? ....................

5a(2)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? .............

5a(5)

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation
MATTHEW A GROLL	CHAIRMAN/TRUSTEE 40.00	434,750	69,750
301 GRANT ST STE 3900 PITTSBURGH,PA152196401	CHAIRMAN/TRUSTEE 40.00	434,750	69,750
LISA ORLANDO	SECRETARY 40.00	160,750	39,781
301 GRANT ST STE 3900 PITTSBURGH,PA152196401	SECRETARY 40.00	160,750	39,781
MICHAEL W GLEBA	TRUSTEE 1.00	16,000	0
301 GRANT ST STE 3900 PITTSBURGH,PA152196401	TRUSTEE 1.00	16,000	0
JAMES ROHR	TRUSTEE 1.00	0	0
301 GRANT ST STE 3900 PITTSBURGH,PA152196401	TRUSTEE 1.00	0	0
PETER STEPHAICH	TRUSTEE 1.00	0	0
301 GRANT ST STE 3900 PITTSBURGH,PA152196401	TRUSTEE 1.00	0	0
CHRISTINE TORETTI	TRUSTEE 1.00	12,000	0
301 GRANT ST STE 3900 PITTSBURGH,PA152196401	TRUSTEE 1.00	12,000	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NIKI DILLENBURG	PROGRAM OFFICER 32.00	102,000	25,063	0
301 GRANT ST STE 3900 PITTSBURGH,PA152196401	PROGRAM OFFICER 32.00	102,000	25,063	0
COLLEEN XENAKIS	ACCOUNTANT 20.00	89,644	22,878	0
301 GRANT ST STE 3900 PITTSBURGH,PA152196401	ACCOUNTANT 20.00	89,644	22,878	0






Total number of other employees paid over $50,000...................				0

Form 990-PF (2024)

Page 7

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
PNC FINANCIAL SERVICES GROUP	FISCAL AGENT/ADMIN	342,777
300 5TH AVENUE PITTSBURGH,PA15222	FISCAL AGENT/ADMIN	342,777
COVINGTON INVESTMENT ADVISORS	FISCAL AGENT/ADMIN	239,693
301 EAST MAIN STREET LIGONIER,PA15658	FISCAL AGENT/ADMIN	239,693
EAGLE CAPITAL MANAGEMENT	FUND MANAGEMENT	186,236
499 PARK AVENUE 17TH FLOOR NEW YORK,NY10022	FUND MANAGEMENT	186,236
HARDMAN JOHNSTON GLOBAL ADVISORS	FUND MANAGEMENT	51,852
300 ATLANTIC STREET STE 601 STAMFORD,CT06901	FUND MANAGEMENT	51,852

Total number of others receiving over $50,000 for professional services............. right arrow

Part VIII-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1


2


3


4

Part VIII-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2024)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

575,262,064

Average of monthly cash balances.......................

25,389

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

575,287,453

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

575,287,453

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

8,629,312

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

566,658,141

Minimum investment return. Enter 5% (0.05) of line 5................

28,332,907

Part X

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part IX, line 6..................

28,332,907

Tax on investment income for 2024 from Part V, line 5 .......

478,357

Income tax for 2024. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

478,357

Distributable amount before adjustments. Subtract line 2c from line 1............

27,854,550

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

27,854,550

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

27,854,550

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

25,421,653

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

9,208

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

25,430,861

Form 990-PF (2024)

Page 9

Part XII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2023	(c) 2023	(d) 2024
1 Distributable amount for 2024 from Part X, line 7					27,854,550
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2024:
a From 2019......
b From 2020......
c From 2021......
d From 2022......
e From 2023......	85,305
f Total of lines 3a through e ........		85,305
4Qualifying distributions for 2024 from Part
XI, line 4: $ 25,430,861
a Applied to 2023, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2024 distributable amount.....					25,430,861
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2024.		85,305			85,305
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2023. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2024. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2025 ..........					2,338,384
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2019 not applied on line 5 or line 7 (see instructions) ...		0
9 Excess distributions carryover to 2025. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2020....
b Excess from 2021....
c Excess from 2022....
d Excess from 2023....
e Excess from 2024....

Form 990-PF (2024)

Page 10

Part XIII

Private Operating Foundations (see instructions and Part VI-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow

b Check box to indicate whether the organization is a private operating foundation described in section 4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2024	(b) 2023	(c) 2022	(d) 2021	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XIV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here right arrow

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

MR MATTHEW A GROLL - ALLEGHENY FOUN
ONE OXFORD CENTRE - 301 GRANT
STREET SUITE 3900
PITTSBURGH,PA152196401
(412) 392-2900

bThe form in which applications should be submitted and information and materials they should include:

SEE STATEMENT 15

cAny submission deadlines:

SEE STATEMENT 15

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

SEE STATEMENT 15

Form 990-PF (2024)

Page 11

Part XIV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
412 FOOD RESCUE INC 6140 STATION STREET PITTSBURGH,PA15206	NONE	PC	GENERAL OPERATING SUPPORT	150,000
ACTON INSTITUTE FOR THE STUDY OF RELIGION AND LIBERTY 98 E FULTON STREET UNIT 101 GRAND RAPIDS,MI495033280	NONE	PC	PROGRAM SUPPORT	67,000
ADELPHOI USA INC 354 MAIN STREET LATROBE,PA15650	NONE	PC	PROJECT SUPPORT	182,500
ADVENTURES IN TRAINING WITH A PURPOSE 7000 STONEWOOD DRIVE SUITE 115 WEXFORD,PA15090	NONE	PC	PROGRAM SUPPORT	100,000
ALAN IW FRANK HOUSE FOUNDATION (WESTERN PENNSYLVANIA CONSERVANCY) 800 WATERFRONT DRIVE PITTSBURGH,PA15222	NONE	PC	PROJECT SUPPORT	100,000
ALLEGHENY COUNTY PARKS FOUNDATION 675 OLD FRANKSTOWN ROAD PITTSBURGH,PA15239	NONE	PC	PROJECT SUPPORT	500,000
ALLEGHENY INSTITUTE FOR PUBLIC POLICY 305 MT LEBANON BOULEVARD SUITE 208 PITTSBURGH,PA15234	NONE	PC	GENERAL OPERATING SUPPORT	200,000
BF JONES MEMORIAL LIBRARY 663 FRANKLIN AVENUE ALIQUIPPA,PA15001	NONE	PC	CAPITAL SUPPORT	75,000
BENDER LEADERSHIP ACADEMY 1005 BEAVER GRADE ROAD SUITE 220 CORAOPOLIS,PA15108	NONE	PC	PROGRAM SUPPORT	25,000
BILL OF RIGHTS INSTITUTE 1310 NORTH COURTHOUSE ROAD SUITE 620 ARLINGTON,VA22201	NONE	PC	PROGRAM SUPPORT	100,000
BLESSING BOARD THE 880 BUTLER STREET SUITE 1A PITTSBURGH,PA15223	NONE	PC	GENERAL OPERATING SUPPORT	90,000
BOTTLE WORKS ETHNIC ARTS CENTER 411 THIRD AVENUE JOHNSTOWN,PA15906	NONE	PC	CAPITAL SUPPORT	100,000
BOY SCOUTS OF AMERICA LAUREL HIGHLANDS COUNCIL 1275 BEDFORD AVENUE PITTSBURGH,PA15219	NONE	PC	PROGRAM SUPPORT	200,000
BOY SCOUTS OF AMERICA WESTMORELAND-FAYETTE COUNCIL 2 GARDEN CENTER DRIVE GREENSBURG,PA15601	NONE	PC	GENERAL OPERATING SUPPORT	40,000
BRANDYWINE CONSERVANCY & MUSEUM OF ART PO BOX 141 CHADDS FORD,PA19317	NONE	PC	PROGRAM SUPPORT	87,500
CARLOW UNIVERSITY 3333 5TH AVENUE PITTSBURGH,PA15213	NONE	PC	PROJECT SUPPORT	70,000
CARNEGIE MELLON UNIVERSITY 5000 FORBES AVENUE PITTSBURGH,PA152133890	NONE	PC	CAPITAL SUPPORT	2,750,000
CHILDREN'S MUSEUM OF PITTSBURGH 10 CHILDRENS WAY PITTSBURGH,PA15212	NONE	PC	CAPITAL SUPPORT	750,000
CITY MISSION-LIVING STONES 155 N GALLATIN AVENUE UNIONTOWN,PA154012989	NONE	PC	CAPITAL SUPPORT	254,000
CITY OF MCKEESPORT 500 FIFTH AVENUE MCKEESPORT,PA15132	NONE	GOV DOMESTIC OR FOR	PROJECT SUPPORT	200,000
COMMONWEALTH FOUNDATION FOR PUBLIC POLICY ALTERNATIVES THE 223 STATE STREET SUITE 302 HARRISBURG,PA17101	NONE	PC	GENERAL OPERATING SUPPORT	325,000
CONSTRUCTION JUNCTION INC 214 N LEXINGTON STREET PITTSBURGH,PA15208	NONE	PC	GENERAL OPERATING SUPPORT	150,000
CROP AND KETTLE 799 21ST STREET AMBRIDGE,PA15003	NONE	PC	PROGRAM SUPPORT	7,500
CROSSROADS FOUNDATION 6901 LYNN WAY PITTSBURGH,PA15208	NONE	PC	GENERAL OPERATING SUPPORT	100,000
EDUCATION PARTNERSHIP THE 281 CORLISS STREET PITTSBURGH,PA15220	NONE	PC	GENERAL OPERATING SUPPORT	225,000
EXTRA MILE EDUCATION FOUNDATION INC TWO GATEWAY CENTER 603 STANWIX STREET SUITE 348 PITTSBURGH,PA152221423	NONE	PC	PROGRAM SUPPORT	8,500
EXTRA MILE EDUCATION FOUNDATION INC TWO GATEWAY CENTER 603 STANWIX STREET SUITE 348 PITTSBURGH,PA152221423	NONE	PC	GENERAL OPERATING SUPPORT	350,000
FAIRNESS CENTER INC THE 500 NORTH THIRD STREET SUITE 600B HARRISBURG,PA17101	NONE	PC	GENERAL OPERATING SUPPORT	215,000
FAMILY GUIDANCE INC 850 CRANBERRY WOODS DRIVE SUITE 2236 CRANBERRY TOWNSHIP,PA16066	NONE	PC	GENERAL OPERATING SUPPORT	150,000
FAMILY HOUSE INC 5308 LIBERTY AVENUE PITTSBURGH,PA15224	NONE	PC	GENERAL OPERATING SUPPORT	100,000
FOUNDATION FOR CALIFORNIA UNIVERSITY OF PENNSYLVANIA 250 UNIVERSITY AVENUE BOX 20 CALIFORNIA,PA154191394	NONE	PC	PROGRAM SUPPORT	175,500
FOUNDATION FOR ECONOMIC EDUCATION INC 1776 PEACHTREE STREET NW SUITE 710S ATLANTA,GA30309	NONE	PC	PROGRAM SUPPORT	75,000
FOUNDATION FOR FREE ENTERPRISE EDUCATION 3076 WEST 12TH STREET ERIE,PA16505	NONE	PC	PROGRAM SUPPORT	40,000
FRANKLIN NEWS FOUNDATION 20 N CLARK STREET SUITE 3300 CHICAGO,IL60602	NONE	PC	GENERAL OPERATING SUPPORT	175,000
FRIENDSHIP CIRCLE OF PITTSBURGH INC THE 1922 MURRAY AVENUE PITTSBURGH,PA15217	NONE	PC	PROJECT SUPPORT	125,000
GREATER PITTSBURGH COMMUNITY FOOD BANK 1 N LINDEN ST DUQUESNE,PA15110	NONE	PC	GENERAL OPERATING SUPPORT	200,000
GROVE CITY COLLEGE 100 CAMPUS DRIVE GROVE CITY,PA16127	NONE	PC	PROGRAM SUPPORT	225,000
GROVE CITY COLLEGE 100 CAMPUS DRIVE GROVE CITY,PA16127	NONE	PC	CAPITAL CAMPAIGN SUPPORT	2,500,000
GROW PITTSBURGH 6587 HAMILTON AVENUE 2W PITTSBURGH,PA15206	NONE	PC	PROGRAM SUPPORT	100,000
HEAR FOUNDATION THE 2681 SIDNEY STREET SUITE 110 PITTSBURGH,PA15203	NONE	PC	GENERAL OPERATING SUPPORT	180,000
HOSANNA HOUSE INC 807 WALLACE AVENUE WILKINSBURG,PA15221	NONE	PC	CAPITAL CAMPAIGN SUPPORT	250,000
IMANI CHRISTIAN ACADEMY 2150 EAST HILLS DRIVE PITTSBURGH,PA15221	NONE	PC	CAPTIAL SUPPORT	683,000
IMANI CHRISTIAN ACADEMY 2150 EAST HILLS DRIVE PITTSBURGH,PA15221	NONE	PC	GENERAL OPERATING SUPPORT	275,000
INDUSTRIAL ARTS WORKSHOP INC 5430 DYKE STREET PITTSBURGH,PA15217	NONE	PC	GENERAL OPERATING SUPPORT	75,000
INTERCOLLEGIATE STUDIES INSTITUTE INC 3901 CENTERVILLE ROAD WILMINGTON,DE198071938	NONE	PC	PROJECT SUPPORT	170,000
JEWISH COMMUNITY CENTER OF GREATER PITTSBURGH 5738 FORBES AVENUE PITTSBURGH,PA15217	NONE	PC	PROJECT SUPPORT	400,000
KISKIMINETAS SPRINGS SCHOOL (THE KISKI SCHOOL) 1888 BRETT LANE SALTSBURG,PA15681	NONE	PC	GENERAL OPERATING SUPPORT	500,000
LANDFORCE (PITTSBURGH CONSERVATION CORPS) 201 NORTH BRADDOCK AVENUE ROOM 230 PITTSBURGH,PA15208	NONE	PC	PROGRAM SUPPORT	150,000
LAUREL HIGHLANDS WORKFORCE & OPPORTUNITY CENTER INC 310 DONOHOE ROAD GREENSBURG,PA156016988	NONE	PC	GENERAL OPERATING SUPPORT	345,000
LIGHT OF LIFE MINISTRIES INC 665 RIDGE AVENUE PITTSBURGH,PA15212	NONE	PC	GENERAL OPERATING SUPPORT	100,000
LINCOLN INSTITUTE OF PUBLIC OPINION RESEARCH INC FREDERICK W ANTON III CENTER 225 STATE STREET SUITE 304 HARRISBURG,PA17101	NONE	PC	GENERAL OPERATING SUPPORT	70,000
MARY AND ALEXANDER LAUGHLIN CHILDREN'S CENTER 424 FREDERICK AVENUE SEWICKLEY,PA151431523	NONE	PC	GENERAL OPERATING SUPPORT	200,000
MENTORING PARTNERSHIP OF SOUTHWESTERN PENNSYLVANIA THE 4165 BLAIR STREET PITTSBURGH,PA15207	NONE	PC	PROGRAM SUPPORT	120,000
MERCATUS CENTER INC 3434 WASHINGTON BOULEVARD 4TH FLOOR ARLINGTON,VA22201	NONE	PC	PROGRAM SUPPORT	50,000
MOUNT VERNON LADIES' ASSOCIATION OF THE UNION PO BOX 110 MOUNT VERNON,VA22121	NONE	PC	PROJECT SUPPORT	500,000
MOUNTAIN WATERSHED ASSOCIATION PO BOX 408 1414-B INDIAN CREEK VALLEY ROAD MELCROFT,PA15462	NONE	PC	PROJECT SUPPORT	85,000
NAZARETH PREP 8235 OHIO RIVER BOULEVARD PITTSBURGH,PA152021454	NONE	PC	PROGRAM SUPPORT	250,000
NEIGHBORHOOD ACADEMY THE 709 NORTH AIKEN AVENUE PITTSBURGH,PA15206	NONE	PC	CAPITAL CAMPAIGN SUPPORT	650,000
NEIGHBORHOOD ACADEMY THE 709 NORTH AIKEN AVENUE PITTSBURGH,PA15206	NONE	PC	GENERAL OPERATING SUPPORT	100,000
OPERATION TROOP APPRECIATION 1219 SCHWEITZER ROAD MCKEESPORT,PA15135	NONE	PC	PROGRAM SUPPORT	25,000
PHILANTHROPY ROUNDTABLE 1120 20TH STREET NW SUITE 400N WASHINGTON,DC20036	NONE	PC	GENERAL OPERATING SUPPORT	75,000
PITTSBURGH BALLET THEATRE INC 2900 LIBERTY AVENUE PITTSBURGH,PA152011511	NONE	PC	GENERAL OPERATING SUPPORT	100,000
PITTSBURGH BOTANIC GARDEN 799 PINKERTON RUN ROAD OAKDALE,PA15071	NONE	PC	GENERAL OPERATING SUPPORT	125,000
PITTSBURGH HIRES VETERANS 1333 BANKSVILLE ROAD PITTSBURGH,PA15216	NONE	PC	GENERAL OPERATING SUPPORT	35,000
PITTSBURGH OPERA INC 2425 LIBERTY AVENUE PITTSBURGH,PA152224639	NONE	PC	GENERAL OPERATING SUPPORT	150,000
PITTSBURGH PROJECT THE 2801 NORTH CHARLES STREET PITTSBURGH,PA15214	NONE	PC	CAPITAL SUPPORT	75,000
PITTSBURGH PUBLIC THEATER CORPORATION 621 PENN AVENUE PITTSBURGH,PA15222	NONE	PC	GENERAL OPERATING SUPPORT	100,000
PITTSBURGH SYMPHONY INC 600 PENN AVENUE PITTSBURGH,PA15222	NONE	PC	GENERAL OPERATING SUPPORT	110,000
PITTSBURGH YOUTH LEADERSHIP 1034 FIFTH AVENUE SUITE 400 PITTSBURGH,PA15219	NONE	PC	PROGRAM SUPPORT	25,000
PRESERVATION PITTSBURGH 1501 REEDSDALE STREET SUITE 5003 PITTSBURGH,PA15233	NONE	PC	PROJECT SUPPORT	150,000
PRESSLEY RIDGE 5500 CORPORATE DRIVE SUITE 400 PITTSBURGH,PA15237	NONE	PC	CAPITAL SUPPORT	750,000
PRIMARY CARE HEALTH SERVICES 7227 HAMILTON AVE PITTSBURGH,PA15208	NONE	PC	CAPITAL CAMPAIGN SUPPORT	750,000
RAILROADERS HERITAGE CORPORATION 1200 9TH AVENUE ALTOONA,PA16602	NONE	PC	CAPITAL SUPPORT	150,000
READING IS FUNDAMENTAL PITTSBURGH 10 CHILDRENS WAY SUITE 300 PITTSBURGH,PA15212	NONE	PC	GENERAL OPERATING SUPPORT	100,000
REAL CLEAR FOUNDATION 666 DUNDEE ROAD SUITE 600 NORTHBROOK,IL600622733	NONE	PC	PROGRAM SUPPORT	200,000
RIVER CITY BRASS BAND BNY MELLON CENTER 500 GRANT STREET SUITE 2720 PITTSBURGH,PA15219	NONE	PC	GENERAL OPERATING SUPPORT AND PROGRAM SUPPORT	225,000
RIVERS OF STEEL HERITAGE CORPORATION 623 EAST 8TH AVENUE HOMESTEAD,PA15120	NONE	PC	CAPITAL CAMPAIGN SUPPORT	2,500,000
SALVATION ARMY THE 700 NORTH BELL AVENUE PO BOX 742 CARNEGIE,PA15106	NONE	PC	PROGRAM SUPPORT	100,000
STEEL CITY SQUASH INC 624 LARIMER AVENUE PITTSBURGH,PA15206	NONE	PC	CAPITAL SUPPORT	100,000
STRICKLAND GLOBAL LEADERSHIP INSTITUTE 100 S JACKSON AVENUE ROOM 526 PITTSBURGH,PA15202	NONE	PC	GENERAL OPERATING SUPPORT	200,000
TOM JOHNSON BOYS' ACADEMY OF THE MON VALLEY 2709 SAYBROOK DRIVE PITTSBURGH,PA15235	NONE	PC	PROJECT SUPPORT	100,000
TRADE INSTITUTE OF PITTSBURGH 7800 SUSQUEHANNA STREET PITTSBURGH,PA15208	NONE	PC	GENERAL OPERATING SUPPORT	375,000
WESTMORELAND COUNTY COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC 145 PAVILION LANE YOUNGWOOD,PA156971814	NONE	PC	CAPITAL SUPPORT	250,000
WESTMORELAND COUNTY FOOD BANK INC 100 DEVONSHIRE DRIVE DELMONT,PA156261607	NONE	PC	PROGRAM SUPPORT	100,000
WESTMORELAND LAND TRUST 106 SAINT XAVIER ROAD LATROBE,PA156505450	NONE	PC	PROJECT SUPPORT	200,000
WESTMORELAND LAND TRUST 106 SAINT XAVIER ROAD LATROBE,PA156505450	NONE	PC	GENERAL OPERATING SUPPORT	75,000
WESTMORELAND MUSEUM OF ART 221 NORTH MAIN STREET GREENSBURG,PA15601	NONE	PC	GENERAL OPERATING SUPPORT	200,000
YOUNG AMERICA'S FOUNDATION 11480 COMMERCE PARK DRIVE SIXTH FLOOR RESTON,VA20191	NONE	PC	PROGRAM SUPPORT	280,000
Total ................................. 3a				24,065,500

bApproved for future payment
412 FOOD RESCUE INC 6140 STATION STREET PITTSBURGH,PA15206	NONE	PC	GENERAL OPERATING SUPPORT	100,000
BOY SCOUTS OF AMERICA LAUREL HIGHLANDS COUNCIL 1275 BEDFORD AVENUE PITTSBURGH,PA15219	NONE	PC	PROGRAM SUPPORT	100,000
EDUCATION PARTNERSHIP THE 281 CORLISS STREET PITTSBURGH,PA15220	NONE	PC	GENERAL OPERATING SUPPORT	150,000
EXTRA MILE EDUCATION FOUNDATION INC TWO GATEWAY CENTER 603 STANWIX STREET SUITE 348 PITTSBURGH,PA152221423	NONE	PC	PROGRAM SUPPORT	725
INDUSTRIAL ARTS WORKSHOP INC 5430 DYKE STREET PITTSBURGH,PA15217	NONE	PC	GENERAL OPERATING SUPPORT	75,000
KISKIMINETAS SPRINGS SCHOOL (THE KISKI SCHOOL) 1888 BRETT LANE SALTSBURG,PA15681	NONE	PC	GENERAL OPERATING SUPPORT	1,000,000
LANDFORCE (PITTSBURGH CONSERVATION CORPS) 201 NORTH BRADDOCK AVENUE ROOM 230 PITTSBURGH,PA15208	NONE	PC	PROGRAM SUPPORT	150,000
NAZARETH PREP 8235 OHIO RIVER BOULEVARD PITTSBURGH,PA152021454	NONE	PC	PROGRAM SUPPORT	500,000
READING IS FUNDAMENTAL PITTSBURGH 10 CHILDRENS WAY SUITE 300 PITTSBURGH,PA15212	NONE	PC	GENERAL OPERATING SUPPORT	200,000
TOM JOHNSON BOYS' ACADEMY OF THE MON VALLEY 2709 SAYBROOK DRIVE PITTSBURGH,PA15235	NONE	PC	PROJECT SUPPORT	200,000
WESTMORELAND LAND TRUST 106 SAINT XAVIER ROAD LATROBE,PA156505450	NONE	PC	GENERAL OPERATING SUPPORT	157,000
Total ................................. 3b				2,632,725

Form 990-PF (2024)

Page 12

Part XV-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........			14	1,254,047
4 Dividends and interest from securities ....			14	10,145,124
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....			18	570,896
8 Gain or (loss) from sales of assets other than inventory ............			18	23,761,573
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aOTHER REVENUE			01	7,204
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		35,738,844	0

13Total. Add line 12, columns (b), (d), and (e)..................

35,738,844

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2024)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2024)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2024 AccountingFeesSchedule

Name:

ALLEGHENY FOUNDATION

EIN:

25-6012303

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
AUDIT, COMPILATION AND TAX	47,183	6,879		40,304

- TIN:

TY 2024 GeneralExplanationAttachment

Name:

ALLEGHENY FOUNDATION

EIN:

25-6012303

Identifier	Return Reference	Explanation
GRANT APPLICATION SUBMISSION INFORMATION	PART XV, LINES 2A THROUGH 2D	THE ALLEGHENY FOUNDATION'S GRANT PROGRAM CONCENTRATES ITS GIVING IN THE SOUTHWESTERN PENNSYLVANIA AREA AND CONFINES MOST OF ITS GRANT AWARDS TO PROGRAMS FOR HISTORIC PRESERVATION, CIVIC DEVELOPMENT AND EDUCATION. THE FOUNDATION DOES NOT MAKE GRANTS TO INDIVIDUALS OR TO ORGANIZATIONS THAT ARE LARGELY DEPENDENT ON GOVERNMENT SUBSIDIES. PROPOSALS FOR THE FOLLOWING ARE USUALLY DECLINED: 1. EVENT SPONSORSHIPS2. ENDOWMENTS, OR3. GOVERNMENT AGENCIES.INITIAL INQUIRIES TO THE FOUNDATION SHOULD BE IN LETTER FORM SIGNED BY THE ORGANIZATION'S PRESIDENT, OR AUTHORIZED REPRESENTATIVE, AND HAVE THE APPROVAL OF THE BOARD OF DIRECTORS. THE LETTER SHOULD INCLUDE A CONCISE DESCRIPTION OF THE SPECIFIC PROGRAM FOR WHICH FUNDS ARE REQUESTED. ADDITIONAL INFORMATION MUST INCLUDE A BUDGET FOR THE PROGRAM AND FOR THE ORGANIZATION, THE LATEST AUDITED FINANCIAL STATEMENT AND ANNUAL REPORT. A COPY OF THE ORGANIZATION'S CURRENT RULING LETTER EVIDENCING TAX EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE IS REQUIRED. ADDITIONAL INFORMATION MAY BE REQUESTED IF NEEDED FOR FURTHER EVALUATION.THE FOUNDATION CONSIDERS GRANTS ON A QUARTERLY BASIS. HOWEVER, REQUESTS MAY BE SUBMITTED AT ANY TIME AND WILL BE ACTED UPON AS EXPEDITIOUSLY AS POSSIBLE.GRANT APPLICATION LETTERS SHOULD BE ADDRESSED TO:MR. MATTHEW A. GROLLALLEGHENY FOUNDATIONONE OXFORD CENTRE301 GRANT STREET, SUITE 3900PITTSBURGH, PA 15219-6401(412)392-2900
EXPENSE ALLOCATIONS	PART I, LINES 13 THROUGH 23	COMPENSATION OF OFFICERS, TRUSTEES, AND OTHER EMPLOYEES AS WELL AS THE RELATED EMPLOYEE BENEFITS ARE ALLOCATED BASED ON TIME SPENT IN CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE VERSUS TIME SPENT IN THE PRODUCTION OF INCOME. FOR ALL OTHER EXPENSES, IF THE EXPENSE CAN BE DIRECTLY ATTRIBUTABLE TO THE PRODUCTION OF INCOME OR CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE, THAT EXPENSE WILL BE ALLOCATED DIRECTLY TO THAT ACTIVITY. ALL OTHER EXPENSES NOT DIRECTLY ATTRIBUTABLE TO THE PRODUCTION OF INCOME OR CARRYING OUT THE FOUNDATION'S EXEMPT PURPOSE ARE ALLOCATED BASED ON THE SALARY ALLOCATION PREVIOUSLY DESCRIBED.
	FORM 990-PF - GENERAL EXPLANATION ATTACHMENT	PART II, LINE 14, LAND, BUILDINGS, AND EQUIPMENT AND ACCUMULATED DEPRECIATIONDESCRIPTION:LEASEHOLD IMPROVEMENTS 746,901OFFICE EQUIPMENT & FURNITURE 320,798 ----------SUBTOTAL FIXED ASSETS 1,067,699 LESS: ACCUMULATED DEPRECIATION (871,173) ----------NET FIXED ASSETS 196,526
	FORM 990-PF - GENERAL EXPLANATION ATTACHMENT	IN 2022, THE ORGANIZATION UNDERTOOK A COMPREHENSIVE COMPENSATION STUDY TO ENSURE THAT ITS COMPENSATION PRACTICES ARE COMPETITIVE AND ALIGNED WITH INDUSTRY STANDARDS. THIS STUDY WAS CONDUCTED BY AN INDEPENDENT THIRD-PARTY CONSULTING FIRM SPECIALIZING IN COMPENSATION ANALYSIS. THE PRIMARY OBJECTIVES OF THE STUDY WERE TO:- EVALUATE THE CURRENT COMPENSATION STRUCTURE FOR FOUNDATION EXECUTIVES.- BENCHMARK COMPENSATION AGAINST SIMILAR ORGANIZATIONS WITHIN THE INDUSTRY.- IDENTIFY ANY DISCREPANCIES OR AREAS FOR IMPROVEMENT IN THE CURRENT COMPENSATION PRACTICES.- PROVIDE RECOMMENDATIONS TO ENSURE FAIR AND EQUITABLE COMPENSATION FOR ALL EMPLOYEES.THE FINDINGS FROM THE STUDY WERE REVIEWED BY THE ORGANIZATION'S COMPENSATION COMMITTEE AND THE BOARD OF DIRECTORS. BASED ON THE RECOMMENDATIONS, ADJUSTMENTS WERE MADE TO THE COMPENSATION PACKAGES TO BETTER ALIGN WITH MARKET STANDARDS AND TO SUPPORT THE ORGANIZATION'S GOALS OF ATTRACTING AND RETAINING TOP TALENT.

- TIN:

TY 2024 InvestmentsCorpBondsSchedule

Name:

ALLEGHENY FOUNDATION

EIN:

25-6012303

Name of Bond	End of Year Book Value	End of Year Fair Market Value
ABBVIE INC	50,055	48,128
AEP TRANSMISSION CO LLC	39,894	38,116
AGCO CORP	85,258	85,806
ALEXANDRIA REAL ESTATE	32,979	34,024
ALLSTATE CORP	62,759	65,138
AMAZON.COM INC	50,474	47,312
AMCOR FLEXIBLES NORTH AM	88,666	89,666
AMERICAN ELECTRIC POWER C	59,903	60,452
AMERICAN TOWER CORP	125,189	127,614
AT&T INC	124,597	123,399
BANK OF AMERICA CORP	290,228	296,159
BERKSHIRE HATHAWAY	36,265	33,097
BMW VEHICLE OWNER TRUST SERIES 2024 A CLASS A3	69,989	70,825
BURLINGTN NORTH SANTA FE	98,929	96,495
CAPITAL ONE FINANCIAL CO	137,996	140,092
CDW LLC/CDW FINANCE	53,753	53,297
CHENIERE ENERGY PARTNERS	49,363	48,409
CISCO SYSTEMS INC NOTES	53,582	52,835
CITIGROUP INC	231,228	233,306
CNH INDUSTRIAL CAP LLC	63,670	64,772
COCA-COLA CONSOLIDATED	49,922	50,697
COMCAST CORP	59,871	55,957
CONOCOPHILLIPS NOTES	112,742	109,305
CROWN CASTLE INTL CORP	90,896	89,920
DARDEN RESTAURANTS INC	86,492	87,997
DTE ENERGY CO	59,957	61,594
DUKE ENERGY INDIANA LLC	58,508	56,830
ELEVANCE HEALTH INC	50,133	49,555
ENBRIDGE INC	33,307	32,552
ENERGY TRANSFER LP	85,571	86,290
ENERGY TRANSFER PARTNERS	40,866	41,424
FLORIDA POWER & LIGHT 1ST MORTGAGE	34,990	33,349
GENERAL MOTORS FINL CO	144,935	146,588
GLOBAL PAYMENTS INC	146,657	149,848
GOLDMAN SACHS GROUP INC	113,418	118,598
HF SINCLAIR CORP SER WI	94,288	93,842
HONDA AUTO RECEIVABLES OWNER T SERIES 2024 2 CLASS A3	164,980	167,001
HYUNDAI AUTO RECEIVABLES TRUST SERIES 2023 C CLASS A3	91,399	91,326
INTEL CORP	113,515	110,126
JOHN DEERE OWNER TRUST SERIES 2024 B CLASS A3	109,979	111,375
JOHNSON & JOHNSON CALL	49,070	48,028
JP MORGAN CHASE & CO	199,721	203,094
KINDER MORGAN ENER PART	58,506	59,594
KROGER CO	120,964	120,651
LYB INT FINANCE III	74,570	77,897
MARRIOTT INTERNATIONAL	129,528	131,789
MASTERCARD INC	54,944	53,154
MICROCHIP TECHNOLOGY INC UNSC	74,921	74,733
MICROSOFT CORP	13,386	13,079
MORGAN STANLEY	214,887	219,852
MPLX LP	23,739	23,298
NIKE INC	24,302	23,166
ORACLE CORP	61,613	60,491
PEPSICO INC UNSC	72,599	70,826
PFIZER INVESTMENT ENTER	51,024	46,816
PHILLIPS 66 CO	92,717	90,240
REALTY INCOME CORP	65,782	67,867
SPRINT CORP	61,747	61,328
STATE STREET CORP	89,813	88,968
SUNOCO LOGISTICS PARTNER	33,577	34,229
SYSCO CORPORATION	107,157	104,861
TAKE-TWO INTERACTIVE SOF	54,919	54,971
TARGET CORP	28,594	26,776
T-MOBILE USA INC	43,386	43,963
TORONTO DOMINION BANK	97,846	97,192
TOYOTA AUTO RECEIVABLES OWNER SERIES 2024 B CLASS A3	129,981	131,773
TOYOTA MOTOR CREDIT CORP UNSC	109,846	108,993
TRUIST FINANCIAL CORP	90,602	90,687
UNION PACIFIC CORP	16,749	16,232
UNITEDHEALTH GROUP INC	43,480	40,106
US BANCORP	62,283	62,030
VALERO ENERGY CORP BDS	42,666	41,958
VERIZON COMMUNICATIONS	64,908	66,344
VERIZON MASTER TRUST SERIES 2024-3 CLASS A1A	179,960	183,031
VIRGINIA POWER FUEL SEC SER A-2 SECR	49,998	49,965
VMWARE INC	95,518	99,468
WALMART INC	65,666	60,906
WARNERMEDIA HOLDINGS INC	60,081	60,024
WELLS FARGO & COMPANY	185,104	186,722
WESTPAC BKG CORP	139,641	142,716

- TIN:

TY 2024 InvestmentsCorpStockSchedule

Name:

ALLEGHENY FOUNDATION

EIN:

25-6012303

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATORIES	138,114	2,498,600
ACCENTURE PLC CLASS A	364,371	414,409
ACCENTURE PLC IRELAND	1,634,960	5,433,397
AERCAP HOLDINGS NV	705,703	1,081,601
AGREE RLTY CORP REIT	53,628	64,532
AIR PROD & CHEMICALS	1,945,248	2,179,651
AIRBUS SE ADR	212,544	356,125
AKAMAI TECHNOLOGIES	74,744	95,076
ALBEMARLE CORP	93,932	79,968
ALCOA CORP	584,264	593,977
ALEXANDRIA REAL ESTATE EQUITIES INC	96,254	80,576
ALPHABET INC	5,834,638	15,827,468
ALPHABET INC/CA-CL A	198,447	313,102
ALPHABET INC/CA-CL C	489,739	1,671,873
AMAZON.COM INC	7,751,413	11,931,086
AMERICAN EAGLE OUTFITTERS INC	5,014	7,368
AMPHENOL CORP NEW CL A	134,941	405,727
AON PLC/IRELAND-A	1,015,808	1,343,258
APPLE INC	3,086,065	16,255,263
APPLIED MATERIALS INC	28,812	131,568
ARCADIUM LITHIUM PLC SEDOL BM9HZ11	31,822	30,831
ARCH CAPITAL GROUP LTD	166,054	553,361
ARISTA NETWORKS INC	4,511,208	7,329,907
ARMSTRONG WORLD INDUSTRIE - WI	73,620	146,701
ASBURY AUTOMOTIVE GROUP	157,727	161,858
ASML HOLDING NV-NY	100,355	167,725
ASTRAZENECA PLC SPONS ADR	232,472	271,908
ATLASSIAN CORP PLC-CLASS A	96,573	142,864
ATMOS ENERGY CORP	86,411	121,722
AUTOMATIC DATA PROCESSING INC	170,702	230,086
AVNET INC	107,876	136,451
AXALTA COATING SYSTEMS LTD	22,790	30,798
AZEK CO INC/THE	8,194	21,077
BALL CORPORATION	1,001,649	523,595
BELDEN INC	9,164	23,310
BLACK HILLS CORP	29,393	28,733
BLACKROCK INC	1,864,123	5,484,339
BLACKSTONE INC	2,269,649	3,199,253
BORG WARNER INC.	94,304	82,686
BROADCOM INC	4,839,323	12,751,200
BROADRIDGE FINANCIAL SOL W/I	248,644	321,726
BROOKFIELD ASSET MANAGEMENT CL A	117,464	183,758
BROWN & BROWN INC	82,422	398,082
BROWN FORMAN CORP CLASS B	172,407	128,714
BWX TECHNOLOGIES INC	3,040	7,797
BXP INC REIT	140,704	118,679
CABOT CORP	25,659	43,464
CACI INTL INC CL A	22,247	58,185
CACTUS INC-CLASS A	24,805	47,447
CADENCE DESIGN SYSTEMS INC	72,549	70,007
CAPITAL ONE FINANCIAL CORP	543,796	864,317
CARLISLE COMPANIES INC	90,560	273,310
CARTERS INC	17,399	9,592
CATERPILLAR INC	1,784,423	1,813,800
CBRE GROUP INC	51,161	191,946
CDW CORP/DE	134,461	256,883
CF INDUSTRIES HOLDINGS INC	46,261	106,565
CHAMPIONX CORPORATION	54,083	53,401
CHARLES RIV LABORATORIES INTL INC	60,474	124,974
CHARTER COMMUNICATIONS INC-A	293,840	360,594
CHEESECAKE FACTORY INC	21,271	30,978
CHEVRON CORP	262,814	362,100
CHEVRON CORP NEW	2,427,100	2,743,994
CHIMERA INVESTMENT CORP NEW	54,504	22,960
CITY HOLDING CO	23,585	29,502
CIVITAS RESOURCES INC	69,043	47,705
CLEAN HARBORS INC	16,223	65,130
COLUMBIA BKG SYS INC	74,555	84,730
COMCAST CORPORATION CL A	1,265,000	1,091,035
CONOCOPHILLIPS	3,172,340	5,507,307
COPART INC	133,178	437,656
COPT DEFENSE PROPERTIES	47,626	50,325
CORTEVA INC	921,087	1,820,328
COSTCO WHOLESALE CO	95,480	293,206
COSTCO WHSL CORP NEW	725,054	2,226,536
CSX CORP	71,712	148,248
CULLEN FROST BANKERS INC	67,949	88,202
CUMMINS INC	89,309	213,343
D R HORTON INC	39,453	161,912
DAI-ICHI LIFE HOLD INC UNSP ADR	292,502	332,344
DARDEN RESTAURANTS	2,504,355	3,242,805
DARDEN RESTAURANTS INC W I	91,286	221,974
DEUTSCHE TELEKOM AG	206,951	329,544
DISCOVER FINANCIAL W/I	194,167	278,207
DOLLAR TREE INC	267,070	214,253
DORMAN PRODUCTS INC	39,619	51,561
DUKE ENERGY CORP	642,570	1,901,611
EASTMAN CHEM CO	87,468	97,621
ELEVANCE HEALTH INC	616,683	530,847
ELI LILLY AND CO	616,733	5,766,840
EMCOR GROUP INC	44,656	83,577
ENCOMPASS HEALTH CORP	22,326	35,707
ENERPAC TOOL GROUP CORP	25,549	65,359
ENPRO INC	34,393	20,043
ENVIRI CORPORATION	22,502	20,332
ENVISTA HOLDINGS CORP	133,994	149,342
EQUIFAX INC	120,125	126,450
ESSEX PPTY TR INC REIT	12,783	44,602
EXLSERVICE HOLDINGS INC	51,565	107,225
EXPRO GROUP HOLDINGS	30,166	21,860
FACTSET RESH SYS INC	70,429	204,599
FIRST AMERICAN FINANCIAL W/I	35,746	41,023
FIRST HORIZON CORPORATION	39,282	71,437
FIRST INTERSTATE BANCSYS/MT	69,840	59,940
FISERV INC	1,379,828	5,981,830
FLEX LTD	68,532	274,373
FLOOR & DECOR HOLDINGS INC	150,874	196,010
FRANKLIN BSP LENDING COR	989,975	655,940
GARTNER INC	129,639	476,234
GATES INDUSTRIAL CORP	56,867	76,562
GATX CORP	64,018	140,859
GCI LIBERTY INC CLASS A	0	1
GE VERNOVA LLC	181,973	620,691
GENMAB A/S -SP ADR	176,235	101,220
GENTEX CORP	42,862	36,889
GLACIER BANCORP INC	59,607	93,007
GLOBAL PAYMENTS INC-W/I	142,410	163,383
GLOBUS MEDICAL INC A	41,384	54,423
GRACO INC	71,076	73,248
GRIFOLS SA	219,550	138,133
HAIN CELESTIAL GROUP INC	28,677	7,122
HANOVER INSURANCE GROUP INC	53,866	65,576
HARMONIC INC	48,911	75,371
HDFC BANK LTD	221,960	222,552
HERSHEY CO	2,416,314	1,907,728
HESS CORPORATION	40,717	110,265
HEXCEL CORP	29,193	34,610
HILTON WORLDWIDE HLDGS - W/I	311,869	589,229
HOME DEPOT INC	2,778,414	3,462,400
HONEYWELL INTL INC	355,740	1,829,709
HUMANA INC	1,042,635	828,363
HUNTINGTON INGALLS INDS INC	92,698	83,903
HURON CONSULTING GROUP INC	26,813	77,663
ICICI BANK LTD SPON ADR	63,111	196,180
IDACORP INC	34,023	42,619
INDEPENDENT BANK CORP MASS	41,432	33,571
INGEVITY CORP	32,574	22,983
INGREDION INC	30,776	53,511
INNOSPEC INC	19,261	26,194
INSTALLED BUILDING PRODUCTS	48,970	35,576
INTEGRA LIFESCIENCES HLDG CORP	41,861	25,606
INTERCONTINENTAL EXCHANGE INC	100,952	242,439
INTUIT SOFTWARE	167,600	323,049
IQVIA HOLDINGS INC	144,475	114,172
ITT INC	20,182	69,154
JOHNSON & JOHNSON	2,667,869	2,935,931
JPMORGAN CHASE & CO	1,139,207	1,976,409
KAWASAKI HEAVY INDS-SP ADR	287,907	386,368
KLA CORP	153,250	177,694
KORN FERRY	24,840	47,350
L BRANDS INC - W/I	107,964	112,084
L3HARRIS TECHNOLOGIES IN	1,631,837	1,992,403
LABORATORY CORP OF AMERICA HLDG	206,834	361,867
LAM RESEARCH CORP	317,022	422,546
LAM RESH CORP	3,427,879	4,019,600
LANCASTER COLONY CORP	21,166	25,452
LAUDER ESTEE COS INC CL A	163,710	168,180
LIBERTY BROADBAND-C	1,035,865	690,110
LIBERTY MEDIA CORP-LIB-NEW-C	154,131	228,870
LITHIA MTRS INC CL A	155,018	179,430
LKQ CORP	148,815	109,001
LONDON STOCK EXCHG-UNSP ADR	752,624	813,090
LUKOIL PJSC-SPON ADR	47,797	1
LUMENTUM HOLDINGS INC -W/I	60,754	87,728
LVMH MOET HENNESSY LOU F	1,755,522	1,568,280
LVMH MOET HENNESSY LOUIS ADR	226,128	225,310
MADDEN STEVEN LTD	25,072	37,800
MARSH & MCLENNAN COMPANIES INC	304,637	338,369
MASCO CORP	65,212	129,392
MASTERCARD INC CL A	191,243	254,860
MCDONALDS CORP	1,036,670	2,928,754
MERCADOLIBRE INC	178,694	251,665
META PLATFORMS INC	2,568,453	4,027,723
MGIC INVT CORP WIS	20,505	47,610
MGP INGREDIENTS INC	9,446	9,528
MICROCHIP TECHNOLOGY INC	167,898	145,038
MICROSOFT CORP	1,750,517	15,011,301
MKS INSTRS INC	217,639	182,996
MOELIS & CO	66,027	158,473
MURPHY OIL CORP	121,925	115,381
MURPHY USA INC-W/I	10,303	78,775
NATIONAL BANK HOLD CL A	38,360	44,912
NATIONAL STORAGE AFFILIATES	57,907	43,142
NEBIUS GROUP N.V.	9,471	9,750
NEWMARK GROUP INC-CLASS A	31,197	66,369
NEXANS SA-UNSPONSORED ADR	197,289	161,223
NEXTERA ENERGY INC	131,503	2,185,111
NEXTRACKER INC-CL A	26,237	45,443
NIKE INC CLASS B	99,687	132,498
NMI HOLDINGS INC-CLASS A	17,929	32,275
NORFOLK SOUTHERN CO	1,871,612	1,930,408
NORTHERN TRUST CORP	66,760	75,235
NOV INC	120,500	99,601
NOVO NORDISK A S ADR	312,267	258,662
NVIDIA CORP	6,850,994	10,541,765
O-I GLASS INC	23,247	20,184
OLD NATIONAL BANCORP INDIANA	55,417	68,827
ON SEMICONDUCTOR CORPORATION	49,224	216,577
ONEOK INC NEW	68,236	151,403
OPTION CARE HEALTH INC	35,871	28,118
PACCAR INC	174,517	314,661
PEPSICO INC	218,752	182,016
PERFORMANCE FOOD GROUP CO	34,214	58,509
PERMIAN RESOURCES CORP	57,039	62,194
PINNACLE FINANCIAL	159,493	229,352
PNC FINL SERVICES	3,909,244	5,901,210
POPULAR INC	111,115	129,050
PORTLAND GENERAL ELECTRIC CO	61,721	67,829
PRESTIGE CONSUMER HEALTHCARE INC	45,721	88,710
PROCTER & GAMBLE CO	1,029,715	2,514,750
PROGRESSIVE CORP OHIO	46,345	285,615
PROLOGIS INC.	1,393,628	1,602,412
PROSUS NV -SPON ADR	1,132,127	1,375,017
PRYSMIAN SPA-UNSPONSOREE ADR	165,067	318,442
QUIDELORTHO CORP	49,747	29,002
RAYMOND JAMES FINANCIAL INC	64,987	203,172
REGAL REXNORD CORPORATION	19,397	39,868
REINSURANCE GROUP OF AMERICA	101,563	179,449
RENAISSANCE HOLDINGS LTD	80,421	141,075
RHEINMETALL AG-UNSP ADR	63,851	167,299
ROGERS CORP	38,555	32,515
ROSS STORES INC	315,208	529,899
ROYAL CARIBBEAN CRUISES LTD	62,480	224,231
RTX CORP	1,638,837	4,738,965
S&P GLOBAL INC	2,720,700	5,104,808
SAFRAN SA UNSPON ADR	516,139	906,717
SANDOZ GROUP AG-ADR	225,092	199,260
SAP SE SPONSORED ADR	690,078	1,120,256
SCHNEIDER NATIONAL INC-CL B	99,445	115,305
SEALED AIR CORP	90,310	69,960
SHELL PLC-W/I-ADR	1,058,361	1,073,946
SHERWIN-WILLIAMS CO	88,473	96,200
SILGAN HLDGS INC	15,783	25,140
SILICON LABORATORIES INC	32,682	31,552
SNAP ON INC	71,079	152,766
SONOCO PRODUCTS CO	81,025	71,516
SPIRE INC	26,141	24,215
STAG INDUSTRIES INC	50,307	52,049
STANDARD CHARTERED- UNSP ADR	311,477	388,222
STANDEX INTERNATIONAL CORP	36,195	70,308
STARWOOD PROPERTY TRUST INC	48,684	46,409
STIFEL FINL CORP	67,995	217,994
STRYKER CORP	2,154,595	2,843,315
SUZUKI MOTOR CORP-UNS ADR	341,624	358,169
SYNOPSYS INC	41,443	280,538
SYSCO CORP	82,227	111,020
TAIWAN SEMICONDUCTOR MTG CO ADR	747,261	1,424,693
TECHNIPFMC LTD SEDOL	68,978	171,904
TELEDYNE TECHNOLOGIES INC	158,709	181,939
TEXAS INSTRUMENTS	2,981,878	3,918,959
TEXAS INSTRUMENTS INC	454,696	695,287
THE COCA-COLA CO	294,018	2,200,891
THE SCOTTS MIRACLE-GRO COMPANY	113,045	111,650
THERMO FISHER SCIENTIFIC INC	197,653	720,519
THERMO FISHER SCNTFC	2,140,661	5,475,421
THOR INDUSTRIES INC	188,087	186,443
TJX COMPANIES INC NEW	39,627	125,159
TREEHOUSE FOODS INC	48,561	39,521
UCB SA - UNSPONSORED ADR	272,278	371,182
UNITEDHEALTH GROUP INC	2,201,986	5,104,633
UNIVEST FINANCIAL CORP	32,423	34,202
URBAN OUTFITTERS INC	29,545	50,984
VALLEY NATIONAL BANCORP	49,636	47,683
VALMONT INDUSTRIES INC	47,035	53,361
VALVOLINE INC	20,848	36,650
VANGUARD INTERMEDIATE	220,558	207,333
VANGUARD LARGE CAP ETF	20,129,722	46,813,717
VERISK ANALYTICS INC	58,141	71,612
VIAVI SOLUTIONS INC -W/I	51,309	48,106
VISA INC	2,954,700	4,971,309
VISA INC CLASS A SHARES	515,196	705,717
VORNADO REALTY TRUST	128,026	210,200
VOYA FINL INC COM	46,688	45,910
WALMART INC	1,017,629	2,710,500
WASTE MANAGEMENT INC	135,762	157,194
WATERS CORP	152,000	204,410
WATSCO INC	1,461,106	4,186,818
WEBSTER FINANCIAL CORP	106,137	129,988
WEC ENERGY GROUP INC	78,848	112,754
WELLS FARGO & COMPANY	281,269	644,663
WESTAMERICA BANCORPORATION	25,317	24,919
WINTRUST FINL CORP	63,748	96,900
WISDOMTREE U.S. QUALITY DIVI ETF	8,698,095	15,047,720
WOODWARD INC	550,904	691,142
WORKDAY INC CL A	1,237,352	1,335,821
WR BERKLEY CORP	66,150	190,834
YETI HOLDINGS INC	22,725	13,286
ZOETIS INC	201,479	181,830

- TIN:

TY 2024 InvestmentsGovtObligationsSch

Name:

ALLEGHENY FOUNDATION

EIN:

25-6012303

US Government Securities - End of Year Book Value:

11,058,579

US Government Securities - End of Year Fair Market Value:

10,878,346

State & Local Government Securities - End of Year Book Value:

State & Local Government Securities - End of Year Fair Market Value:

- TIN:

TY 2024 InvestmentsOtherSchedule2

Name:

ALLEGHENY FOUNDATION

EIN:

25-6012303

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ACCOLADE PARTNERS IX, L.P. (ONSHORE)	FMV	746,830	757,001
ACCOLADE PARTNERS VENTURE I LP (ONSHORE)	FMV	585,694	573,391
AMPLIFY DIGITAL PAYMENTS ETF	FMV	980,654	1,153,860
BLACKROCK EVENT DRIVEN EQ-IS	FMV	8,530,000	9,106,186
BLUE OWL HEALTHCARE INVESTMENTS IV LP	FMV	1,739,930	1,739,930
CION ARES DIVERS CRED-I	FMV	3,500,000	3,505,529
DOVER STREET XI L.P.	FMV	1,082,259	1,551,425
ENERGY SELECT SECTOR SPDR FUND ETF	FMV	5,028,837	5,385,016
EV GL MACR ABS RTRN ADV FUND CLASS R6	FMV	4,903,122	4,879,598
FIRST TRUST CLOUD COMPUTING ETF	FMV	494,696	625,618
FT NASDAQ CEA CYBERSECUR ETF ETF	FMV	495,148	563,373
GCM GROSVENOR CIS III, L.P.	FMV	1,475,554	1,710,026
GLDMN SCHS ABS RTRN TR FUND CLASS R6	FMV	3,600,000	3,695,972
GLOBAL X INTERNET OF THINGS ETF	FMV	449,931	908,552
GLOBAL X LITHIUM & BATTERY TECH ETF	FMV	763,845	988,385
GLOBAL X ROBOTICS & ARTIFI ETF	FMV	549,447	930,033
GLOBAL X SOCIAL MEDIA INDEX ETF	FMV	515,016	741,023
HAMILTON LANE MARKET STREET OPPORTUNITIES FUND II LP	FMV	1,941,209	2,230,222
HAMILTON LANE MARKET STREET OPPORTUNITIES FUND LP	FMV	1,586,818	2,333,771
HUDSON BAY FUND LP	FMV	3,355,601	3,378,810
INVESCO SHORT TERM TREASURY ETF	FMV	22,390,265	22,433,664
ISHARES CORE MSCI EAFE ETF ETF	FMV	14,088,806	15,797,890
ISHARES MSCI INTL QUALITY FACTOR ETF	FMV	15,349,003	15,810,893
ISHARES RUSSELL 1000 GROWTH ETF	FMV	8,454,384	33,901,384
ISHARES RUSSELL 1000 VALUE ETF	FMV	14,708,841	26,003,360
ISHARES RUSSELL MID-CAP GROWTH ETF	FMV	2,528,075	6,542,835
ISHARES SELF-DRIVING EV&TE ETF	FMV	784,317	821,129
MIDOCEAN PARTNERS VI, LP	FMV	815,676	732,446
SPDR GOLD TRUST ETF	FMV	7,451,271	10,397,062
TECHNOLOGY SELECT SECTOR SPDR FUND ETF	FMV	1,268,700	4,379,514
VANECK VIDEO GAMING ESPORTS ETF	FMV	493,561	593,165
VANGUARD BD INDEX FD INC TOTAL BD MKT PORTFOLIO INSTL	FMV	25,500,000	25,882,227
VANGUARD MORTGAGE BUSINESS SECURITIES	FMV	82,908	81,159
VANGUARD SMALL CAP GROWTH ETF	FMV	3,031,059	6,359,322

- TIN:

TY 2024 OtherAssetsSchedule

Name:

ALLEGHENY FOUNDATION

EIN:

25-6012303

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
PREPAID TAXES	19,258	0	0
OPER LEASE-RIGHT OF USE ASSET	699,672	483,142	483,142

- TIN:

TY 2024 OtherExpensesSchedule

Name:

ALLEGHENY FOUNDATION

EIN:

25-6012303

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
DUES & SUBSCRIPTIONS	9,491	0	9,491
INSURANCE	39,584	5,727	33,553
OFFICE EXPENSE	21,440	3,125	18,313
COMPUTER MAINTENANCE	14,807	2,159	12,648
TELEPHONE	4,558	665	3,894
GRANT MANAGEMENT SOFTWARE	12,420	0	12,420

- TIN:

TY 2024 OtherIncomeSchedule2

Name:

ALLEGHENY FOUNDATION

EIN:

25-6012303

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
HAMILTON LANE MARKET STREET OPP FUND	196,443	-56,204	196,443
HAMILTON LANE MARKET STREET OPP FUND II	175,949	-40,869	175,949
GCM GROSVENOR	-33,653	-41,806	-33,653
BLUE OWL HEALTHCARE OPPORTUNITIES IV LP	151,933	-41,497	151,933
HUDSON BAY FUND LP	242,864	63,546	242,864
ACCOLADE PARTNERS VENTURE I, L.P.	-27,152	-30,928	-27,152
ACCOLADE PARTNERS IX, L.P.	-34,788	-77,237	-34,788
MIDOCEAN PARTNERS VI, LP	-41,740	-39,116	-41,740
DOVER	-58,960	-40,830	-58,960
OTHER REVENUE	7,204	7,204	7,204

- TIN:

TY 2024 OtherLiabilitiesSchedule

Name:

ALLEGHENY FOUNDATION

EIN:

25-6012303

Description	Beginning of Year - Book Value	End of Year - Book Value
OPERATING LEASE LIABILTY	699,672	483,142
LHI DEFERRED CREDIT	104,622	72,430

- TIN:

TY 2024 OtherProfessionalFeesSchedule

Name:

ALLEGHENY FOUNDATION

EIN:

25-6012303

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FISCAL AGENT FEE	903,613	903,613		0

- TIN:

TY 2024 TaxesSchedule

Name:

ALLEGHENY FOUNDATION

EIN:

25-6012303

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	481,234	0		0