# The Pittsburgh Foundation

The Pittsburgh Foundation is an Endowment / Foundation based in Pittsburgh, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Pittsburgh, United States
- **Region:** North America
- **Address:** 912 Fort Duquesne Blvd., Floor 10, Pittsburgh, PA 15222, United States
- **Founded:** 1945
- **Assets under management:** $1.5 billion (Altss estimate)
- **Website:** pittsburghfoundation.org
- **LinkedIn:** https://www.linkedin.com/company/the-pittsburgh-foundation

## Regulatory record

- **Reports private funds:** No

## About

The Pittsburgh Foundation was established in 1945 to serve the Pittsburgh region through donor-directed grantmaking. It maintains no single-family wealth origin and instead pools contributions into nearly 3,000 separate funds. The Legacy Perpetual Fund deploys capital across public equities, private equity, hedge funds of funds, bonds, and real assets, with a 10.43 percent allocation to private equity recorded in firm data. Confirmed holdings include Aberdeen Private Equity IX alongside direct real estate parcels and the August Wilson African American Cultural Center building. Mission Investments Portfolio targets social impact debt and equity positions valued at $40 million. Activity centers on the Pittsburgh region and broader Western Pennsylvania. The foundation employs 94 professionals at its headquarters. It maintains supporting organizations including The Pittsburgh Promise and The Community Foundation of Westmoreland County. August 2024: Sponsored the #ONEDAY Critical Needs Alert for online community fundraising.

## Sectors

- Diversified

## People

- Elisabeth M. Schroeder — President and CEO
- Jonathan Brelsford — Chief Investment Officer and Senior VP of Operations
- Jordan R. Pallitto — Chair of the Board of Directors
- Amy Krueger Marsh — Investment Committee Chair

## Questions

### Who runs investment decisions at The Pittsburgh Foundation?

Jonathan Brelsford serves as Chief Investment Officer and Senior VP of Operations. Amy Krueger Marsh chairs the Investment Committee. David McL. Hillman sits on the committee.

### Does The Pittsburgh Foundation participate in fund commitments or only direct deals?

The Legacy Perpetual Fund commits to private equity partnerships and hedge funds of funds. It also holds direct real estate and mission investments.

### What asset classes does The Pittsburgh Foundation allocate to?

Allocations include public equities via Vanguard index funds, private equity at 10.43 percent, hedge funds, bonds, and real assets. A separate $40 million mission investments portfolio targets impact.

### Where does The Pittsburgh Foundation maintain its geographic focus?

Grantmaking and investments center on the Pittsburgh region and Western Pennsylvania through affiliate structures such as The Community Foundation of Westmoreland County.

### How is The Pittsburgh Foundation related to its supporting organizations?

It controls entities including The Pittsburgh Promise for scholarships and Neighborhood Allies for community development. These operate as separate supporting organizations under its governance.

## Related profiles

- [The Cultural Institutions Retirement System](https://altss.com/profile/the-cultural-institutions-retirement-system-cirs)
- [The Starr Foundation](https://altss.com/profile/the-starr-foundation)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/the-pittsburgh-foundation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology