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Also known as: fka Malvern Federal Charitable Foundatio
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Firstbank Charitable Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2009. The principal officer is Foundation Source. It holds total assets of $694K. Annual income is reported at $105K. The foundation is governed by 8 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. The foundation primarily funds organizations in Pennsylvania, New Jersey and Florida. According to available records, Firstbank Charitable Foundation Inc. has made 30 grants totaling $160K, with a median grant of $5K. Annual giving has decreased from $100K in 2020 to $60K in 2022. Individual grants have ranged from $2K to $10K, with an average award of $5K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Pennsylvania, New Jersey, Georgia, which account for 90% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$4K
Largest Grant
$8K
Based on 15 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.
Firstbank Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in PA, NJ, GA.
Firstbank Charitable Foundation Inc. has distributed a total of $160K across 30 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $2K to $10K.
Firstbank Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Firstbank Charitable Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Giacobello | Director | $0 | $0 | N/A |
| Michael Smith | Vice President | $0 | $0 | N/A |
| John Lyons | Secretary | $0 | $0 | N/A |
| Joseph Calabro | Director | $0 | $0 | N/A |
| Karen Walter | Director | $0 | $0 | N/A |
| Patrick L Ryan | President | $0 | $0 | N/A |
| Darleen Gillespie | Director | $0 | $0 | N/A |
| Andrew Hibshman | Treasurer | $0 | $0 | N/A |
Total Giving
$86K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$61K
Contributions
$22K
Net Investment Income
$4K
Distribution Amount
$57K
Total: $667K
Total Grants
30
Total Giving
$160K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
23
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Curing Kids CancerGeneral program support | Marietta, GA | $8K | 2022 |
| Maternal & Child Health ConsortiumGeneral program support | West Chester, PA | $8K | 2022 |
| Homeless Solutions IncGeneral program support | Cedar Knolls, NJ | $6K | 2022 |
| Roots & WingsGeneral program support | Denville, NJ | $6K | 2022 |
| North Star Of Chester CountyGeneral program support | West Chester, PA | $5K | 2022 |
| Vantage Health SystemsGeneral program support | Dumont, NJ | $5K | 2022 |
| Foundation Of Learning In Tredyffrin EasGeneral program support | Southeastern, PA | $3K | 2022 |
| Center For Family Serv Palm Beach CtyGeneral program support | West Palm Beach, FL | $3K | 2022 |
| Home Of The SparrowGeneral program support | Exton, PA | $3K | 2022 |
| Quantum HouseGeneral program support | West Palm Beach, FL | $3K | 2022 |
| Co-County WellnessGeneral program support | Reading, PA | $3K | 2022 |
| Peters PlaceGeneral program support | Wayne, PA | $3K | 2022 |
| The Crime Victims Of Chester CountyGeneral program support | West Chester, PA | $2K | 2022 |
| Community Volunteers In MedicineGeneral program support | West Chester, PA | $2K | 2022 |
| Friends Assn For Care And Protection ChGeneral program support | West Chester, PA | $2K | 2022 |
| Royer-Greaves School For BlindFOR GENERAL PROGRAM SUPPORT | Paoli, PA | $10K | 2020 |
| FliteFOR GENERAL PROGRAM SUPPORT | Southeasetern, PA | $8K | 2020 |
| Friends Association For The Care And Protection Of ChildrenFOR GENERAL PROGRAM SUPPORT | West Chester, PA | $8K | 2020 |
| Vita Nova IncFOR GENERAL PROGRAM SUPPORT | West Palm Beach, FL | $7K | 2020 |
| Children'S Scholarship Fund Of PhiladelphiaFOR GENERAL PROGRAM SUPPORT | Philadelphia, PA | $5K | 2020 |
| Housing Partnership Of Chester CountyFOR GENERAL PROGRAM SUPPORT | Downingtown, PA | $5K | 2020 |
| Home Of The Sparrow'FOR GENERAL PROGRAM SUPPORT | Exton, PA | $3K | 2020 |
| Peter'S PlaceFOR GENERAL PROGRAM SUPPORT | Wayne, PA | $3K | 2020 |