The Dietrich Foundation
Philanthropic Fundraising ServicesPennsylvania, United States11-50 Employees
The Dietrich Foundation is a Pittsburgh-based philanthropic organization formed from the proceeds of the Dietrich Industries sale in 1996, and reconstituted after the founder’s death with assets totaling about $550 million as of January 2013. Its core mission is to provide ongoing and increasing financial support to selected institutions of higher education and other nonprofits in Western Pennsylvania. The foundation sustains growth by allocating a substantial portion of its assets to a global private equity portfolio, with emphasis on opportunities in emerging markets. Based in Pittsburgh, it operates within the philanthropic fundraising services sector, supporting its designated higher education partners and other Western Pennsylvania nonprofits. In 2017, Dr. Susan Traverso was appointed President and joined the board of trustees, marking a notable leadership development; the organization maintains a small to mid-sized staff.