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Eureka Foundation Inc. is a private corporation based in NEWTOWN, PA. The foundation received its IRS ruling in 2002. The principal officer is Michael Mccarthy. It holds total assets of $12M. Annual income is reported at $535K. The foundation is governed by 3 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 2020 to 2023. According to available records, Eureka Foundation Inc. has made 4 grants totaling $187K, with a median grant of $47K. Individual grants have ranged from $30K to $64K, with an average award of $47K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Pennsylvania. 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.
Eureka Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in PA.
Eureka Foundation Inc. has distributed a total of $187K across 4 grants. The median grant size is $47K, with an average of $47K. Individual grants have ranged from $30K to $64K.
Eureka Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Eureka Foundation Inc. is headquartered in NEWTOWN, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael D Mccarthy | DIRECTOR | $0 | $0 | N/A |
| Deborah Berg Mccarthy | DIRECTOR | $0 | $0 | N/A |
| Kathryn Edmundson | DIRECTOR | $0 | $0 | N/A |
Total Giving
$454K
Total Assets
$12M
Fair Market Value
$12.1M
Net Worth
$12M
Grants Paid
$500
Contributions
$459K
Net Investment Income
N/A
Distribution Amount
N/A
Total: N/A
Total Grants
4
Total Giving
$187K
Average Grant
$47K
Median Grant
$47K
Unique Recipients
2
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Farmerjawn & Friends Foundation FundGENERAL SUPPORT | Philadelphia, PA | $64K | 2022 |
| The College Settlement Of PhiladelphiaGENERAL SUPPORT | Horsham, PA | $30K | 2022 |