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David P Prescott Family Foundation is a private corporation based in SANTA FE, NM. The foundation received its IRS ruling in 2021. The principal officer is David P Prescott. It holds total assets of $1M. Annual income is reported at $359K. Total assets have decreased from $1.2M in 2021 to $563K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, David P Prescott Family Foundation has made 10 grants totaling $182K, with a median grant of $19K. Annual giving has decreased from $87K in 2021 to $25K in 2023. Individual grants have ranged from $10K to $26K, with an average award of $18K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Pennsylvania, New York, Colorado, which account for 80% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
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.
David P Prescott Family Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in PA, NY, CO.
David P Prescott Family Foundation has distributed a total of $182K across 10 grants. The median grant size is $19K, with an average of $18K. Individual grants have ranged from $10K to $26K.
David P Prescott Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
David P Prescott Family Foundation is headquartered in SANTA FE, NM. While based in NM, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David P Prescott | PRESIDENT AND SECRETARY | $0 | $0 | N/A |
| Patricia Cloud | VICE PRESIDENT | $0 | $0 | N/A |
| Katherine Prescott | VICE PRESIDENT | $0 | $0 | N/A |
| Elizabeth Prescott | VICE PRESIDENT AND TREASURER | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$563K
Fair Market Value
$728K
Net Worth
$563K
Grants Paid
$25K
Contributions
N/A
Net Investment Income
$77K
Distribution Amount
$39K
Total: $540K
Total Grants
10
Total Giving
$182K
Average Grant
$18K
Median Grant
$19K
Unique Recipients
8
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The New York SchoolSCHOLARSHIP SUPPORT | New York, NY | $13K | 2023 |
| University Of Colorado FoundationSCHOLARSHIP SUPPORT | Boulder, CO | $13K | 2023 |
| Solebury SchoolSCHOLARSHIP SUPPORT | New Hope, PA | $25K | 2022 |
| Temple University College Of EngineeringSCHOLARSHIP SUPPORT | Philadelphia, PA | $10K | 2022 |
| Colorado State UniversitySCHOLARSHIP SUPPORT | Fort Collins, CO | $26K | 2021 |
| Ulster Community College FoundationSCHOLARSHIP SUPPORT | Stone Ridge, NY | $26K | 2021 |
| Santa Fe Community College FoundationSCHOLARSHIP SUPPORT | Santa Fe, NM | $25K | 2021 |
| Prairie View A&M FoundationSCHOLARSHIP SUPPORT | Houston, TX | $10K | 2021 |