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First Federal Charitable Foundation is a private corporation based in HAZLETON, PA. The foundation received its IRS ruling in 1999. The principal officer is Megan Kennedy. It holds total assets of $8.4M. Annual income is reported at $5.5M. Total assets have grown from $5.9M in 2010 to $7.9M in 2022. The foundation is governed by 8 officers and trustees. To make grants to charities organized to benefit the communities located in northeastern and central pennsylvan. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, First Federal Charitable Foundation has made 69 grants totaling $1.1M, with a median grant of $10K. Annual giving has grown from $303K in 2020 to $680K in 2022. Individual grants have ranged from $100 to $50K, with an average award of $16K. The foundation has supported 48 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$10K
Average Grant
$14K
Largest Grant
$35K
Based on 22 grants from the most recent 990-PF filing.
To make grants to charities organized to benefit the communities located in northeastern and central pennsylvan
Expenses: $216K
To make grants to charities organized to benefit the communities located in northeastern and central pennsylvan. Based on available records, the foundation has funded 69 grants. Its grantmaking reaches organizations primarily in PA.
First Federal Charitable Foundation has distributed a total of $1.1M across 69 grants. The median grant size is $10K, with an average of $16K. Individual grants have ranged from $100 to $50K.
The application deadline is APPROXIMATELY TWO WEEKS PRIOR TO THE BOARD MEETING. The seven county business area of the former first federal bank.
First Federal Charitable Foundation is headquartered in HAZLETON, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Megan Kennedy | EXEC DIR | $83K | $0 | $83K |
| Peter Haentjens | DIRECTOR | $0 | $0 | N/A |
| Joan Goodman | DIRECTOR | $0 | $0 | N/A |
| John Raynock | DIRECTOR | $0 | $0 | N/A |
| Joseph Ustynoski | DIRECTOR | $0 | $0 | N/A |
| William Spear | DIRECTOR | $0 | $0 | N/A |
| Thomas Kennedy | CHAIRMAN | $0 | $0 | N/A |
| Anthony Cusatis | PRESIDENT | $0 | $0 | N/A |
Total Giving
$486K
Total Assets
$7.9M
Fair Market Value
$8M
Net Worth
$7.9M
Grants Paid
$297K
Contributions
N/A
Net Investment Income
$131K
Distribution Amount
$402K
Total: $7.6M
Total Grants
69
Total Giving
$1.1M
Average Grant
$16K
Median Grant
$10K
Unique Recipients
48
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Willow FoundationREPAIR WATERDAMAGED CEILING | Hazleton, PA | $40K | 2022 |
| Lehigh Valley HospitalINDIGENT HEALTHCARE FUND | Hazleton, PA | $50K | 2022 |
| Misericordia UniversityPURCHASE SPEECH THERAPY EQUIPTMENT | Dallas, PA | $50K | 2022 |
| Domestic Violence Service CenterBUILDING EXPANSION PROJECT | Wilkesbarre, PA | $50K | 2022 |
| Family Promise Carbon CountyPURCHASE NEW BUILDING | Nesquehoning, PA | $28K | 2022 |
| Dustin'S Adventure LandHANDICAPPED ACCESSIBLE PLAYGROUND | Pottsville, PA | $23K | 2022 |
| Immanuel Christian SchoolSCHOLARSHIPS | Hazleton, PA | $20K | 2022 |
| Greater Hazleton Concert SeriesCHILDRENS EDUCATIONAL CONCERTS | Hazleton, PA | $15K | 2022 |
| Greater Hazleton Civic PartnershipIMPROVEMENTS TO RAILS TO RAILS | Hazleton, PA | $13K | 2022 |
| Greater Hazleton HistoricalPURCHASE HANDICAPPED CHAIR LIFT | Hazleton, PA | $12K | 2022 |
| Valley East Little LeaguePURCHASE FIELD LIGHTS | Drums, PA | $11K | 2022 |
| Luzerne FoundationDINNER SPONSORSHIP | Wilkesbarre, PA | $8K | 2022 |
| West Berwick Elementary Parent GrouPURCHASE LIBRARY SHELVES | Berwick, PA | $6K | 2022 |
| Moment Of MagicHELP UNDERPRIVILEGED CHILDREN | Wilkesbarre, PA | $5K | 2022 |
| Jump Start CartPURCHASE EQUIPTMENT | Mountain Top, PA | $5K | 2022 |
| Pottsville LibraryPURCHASE TEEN GAMING SYSTEM | Pottsville, PA | $2K | 2022 |
| Bereaved Parents Of NepaPURCHASE MATERIALS | Hazleton, PA | $2K | 2022 |
| Hazleton Art LeagueDINNER SPONSORSHIP | Hazleton, PA | $150 | 2022 |
| Community Services For SightDINNER SPONSORSHIP | Sugarloaf, PA | $100 | 2022 |
| Downtown Shenandoah IncCONTRIBUTION TO INCUBATOR PROJECT | Shenandoah, PA | $25K | 2021 |
| Big Pediatric Cancer FundFINANCIAL ASSISTANCE FOR FAMILIES | Bloomsburg, PA | $25K | 2021 |
| Schuykill Hope CenterFINANCE BUDGET SHORTFALL | Pottsville, PA | $20K | 2021 |
| Servants To AllGENERAL DONATION | Pottsville, PA | $10K | 2021 |
| American Red CrossDISASTER RELIEF SCHUYKILL AND CARBON | Wilkes Barre, PA | $10K | 2021 |
| Drama In Motion Performance WorksPURCHASE SHOW RIGHTS, SCHOLARSHIPS | Hazle Township, PA | $6K | 2021 |
| United Way Of Greater HazletonCOVID RELIEF | Hazleton, PA | $5K | 2021 |
| Camp FerrwoodCAMP SCHOLARSHIPS | Drums, PA | $3K | 2021 |
| Scranton Area Community FoundationDAY OF CARING SPONSORSHIP | Scranton, PA | $3K | 2021 |
| Geisinger Community FouMOBIL DENTAL | Scranton, PA | $35K | 2020 |
| Mttop Area Little LeaguFIELD LIGHTS | Mountain Top, PA | $25K | 2020 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA