The Pittsburgh Foundation Board and staff announced a strategic plan last year under which it committed to generating assets and deploying them to create a vibrant, equitable and just Pittsburgh region.

While the market environment was a challenge in the prior year, the Foundation’s steady and consistent long-term approach with a diversified investment portfolio allowed the organization to reap the benefits of a rebounding market and strong economy, despite inflationary headwinds.

In addition, fundraising last year totaled $42.8 million. Generous contributions from donors and the Foundation’s own directed grantmaking enabled a total of $67.6 million in support to be distributed to 2,709 nonprofits. 

To meet the strategic plan goals, the Foundation relies on the generosity of donors, the dedication of the Foundation’s staff, strategic guidance of its Board of Directors, and partnerships with civic, business and government leaders. The stories in this report and the charts and graphs on this page show that collaboration in action.