Steinman Family Foundations Merge, Form One Of The Largest Philanthropic Forces In Lancaster County

Map of Pennsylvania highlighting Lancaster County

Map of Pennsylvania highlighting Lancaster County (Photo credit: Wikipedia)

Uniting to be a stronger force for good in the community, two Steinman family foundations are now one.

Tuesday, the James Hale Steinman Foundation and the John Frederick Steinman Foundation, operating separately for 62 years, became simply the Steinman Foundation.

The new charitable organization, with combined assets of more than $85 million, will be one of the largest private foundations in the area, certainly the largest in Lancaster County.

The mission of the foundations has always been to improve the quality of life for people who live here.

Read more: http://lancasteronline.com/news/local/steinman-family-foundations-merge-form-one-of-the-largest-philanthropic/article_5105ba3e-aed1-11e3-928f-001a4bcf6878.html

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Pittsburgh Foundation Bequeathed $20 Million

A map of Pittsburgh, Pennsylvania with its nei...

A map of Pittsburgh, Pennsylvania with its neighborhoods labeled. For use primarily in the list of Pittsburgh neighborhoods. (Photo credit: Wikipedia)

The estates of identical twin sisters Jean and Nancy Davis — lifelong Pittsburghers who died within four months of each other at the age of 97 — and a former H.J. Heinz Co. executive and his wife have made two of the largest individual gifts ever received by The Pittsburgh Foundation.

The donations, announced by the foundation this week, include roughly $9 million from the Davises and $11.7 million from the late Junius Allen and his wife, Zella, who died last year at 103.  The bulk of the money is designated for the unrestricted use of the foundation, a nonprofit community foundation launched in 1945 with assets of more than $800 million.  The foundation awards grants to charitable groups in Pittsburgh and throughout the U.S.

The Pittsburgh Foundation’s largest individual donation, $50 million, came in 2010 from the late Pittsburgh chemical engineer Charles Kaufman.

“When we look behind these bequests, we see touching stories of deep affection for Pittsburgh and its people,” foundation CEO Grant Oliphant said.  “This is a great example of something that happens more frequently than we realize in Pittsburgh, where people who are born here leave an extraordinary gift to Pittsburgh.”

Read more: http://www.post-gazette.com/stories/local/neighborhoods-city/pittsburgh-foundation-bequeathed-20-million-653322/#ixzz26SPodp3F