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705 Walnut Avenue Foundation Inc. is a private corporation based in NEWTOWN SQ, PA. The foundation received its IRS ruling in 2017. The principal officer is Caren Irons. It holds total assets of $1.8M. Annual income is reported at $1.9M. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New York. According to available records, 705 Walnut Avenue Foundation Inc. has made 50 grants totaling $991K, with a median grant of $20K. Annual giving has grown from $67K in 2020 to $171K in 2023. Grantmaking activity was highest in 2022 with $608K distributed across 22 grants. Individual grants have ranged from $2K to $194K, with an average award of $34K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, Pennsylvania, which account for 66% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$20K
Average Grant
$24K
Largest Grant
$65K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
705 Walnut Avenue Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 50 grants. Its grantmaking reaches organizations primarily in NY, MA, PA.
705 Walnut Avenue Foundation Inc. has distributed a total of $991K across 50 grants. The median grant size is $20K, with an average of $34K. Individual grants have ranged from $2K to $194K.
705 Walnut Avenue Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
705 Walnut Avenue Foundation Inc. is headquartered in NEWTOWN SQ, PA. While based in PA, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elisabeth Naughton | VP / TREAS / DIR | $0 | $0 | N/A |
| Caren Irons | PRESIDENT / DIR | $0 | $0 | N/A |
| Charlene Kurtz | SEC / DIR | $0 | $0 | N/A |
Total Giving
$204K
Total Assets
$1.8M
Fair Market Value
$1.9M
Net Worth
$1.8M
Grants Paid
$171K
Contributions
N/A
Net Investment Income
$23K
Distribution Amount
$94K
Total: $507K
Total Grants
50
Total Giving
$991K
Average Grant
$34K
Median Grant
$20K
Unique Recipients
18
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of The ArtsSCHOLARSHIPSFOR STUDENTS WHO MEET QUALIFICAITONS | Philadelphia, PA | $3K | 2023 |
| Syracuse UniversityScholarshipsfor students whomeet qualifications | Syracuse, NY | $103K | 2023 |
| Texas State UniversitySCHOLARSHIPSFOR STUDENTS WHOMEET QUALIFICATIONS | San Marcos, TX | $50K | 2023 |
| University Of MarylandSCHOLARSHIPSFOR STUDENTS WHOMEET QUALIFICATIONS | College Park, MD | $10K | 2023 |
| University Of Southern CaliforniaSCHOLARSHIPSFOR STUDENTS WHOMEET QUALIFICATIONS | Los Angeles, CA | $5K | 2023 |
| Geneseo Kiwanis FoundationCONTRIBUTION TO PROVIDE COMMUNITYSERVICES | Geneseo, NY | — | 2023 |
| Central Ny Cat CoalitionCONTRIBUTION TO SUPPORT THE COALITION ACTIVITIES | Syracuse, NY | — | 2023 |
| Helping Hound Dogs RescueCONTRIBUTION TOSUPPORT THE RESCUE ACTIVITIES | North Syracuse, NY | — | 2023 |
| Manchester School DistrictCONTRIBUTION TO SUPPORT THE SCHOOL ACTIVITIES | Manchester, NH | — | 2023 |
| Northeastern UniversitySCHOLARSHIPS FOR STUDENTS WHOMEET QUALIFICATIONS | Boston, MA | — | 2023 |
| Villa Maria Academy HsSCHOLARSHIPS FOR STUDENTS WHOMEET QUALIFICATIONS | Malvern, PA | — | 2023 |
| Fidelity InvestmentsSCHOLARSHIPSFOR STUDENTS WHOMEET QUALIFICATIONS | Boston, MA | $30K | 2022 |
| Dartmouth CollegeSCHOLARSHIPSFOR STUDENTS WHOMEET QUALIFICATIONS | Hanover, NH | $20K | 2022 |
| University Of DelawareSCHOLARSHIPSFOR STUDENTS WHO MEET QUALIFICAITONS | Newark, DE | — | 2022 |
| University At Albany - SunySCHOLARSHIPSFOR STUDENTS WHOMEET QUALIFICATIONS | Albany, NY | — | 2022 |
| Dakota Weslyan UniversitySCHOLARSHIPS FOR STUDENTS WHOMEET QUALIFICATIONS | Mitchell, SD | — | 2021 |
| Salve Regina UniversitySCHOLARSHIPSFOR STUDENTS WHOMEET QUALIFICATIONS | Newport, RI | — | 2021 |
| Cornell UniversitySCHOLARSHIPSFOR STUDENTS WHOMEET QUALIFICATIONS | Ithaca, NY | — | 2021 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA