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Holy Spirit Radio Foundation Inc. is a private corporation based in DOYLESTOWN, PA. The foundation received its IRS ruling in 1999. The principal officer is Dale W Meier. It holds total assets of $14.6M. Annual income is reported at $11.3M. Total assets have grown from $3.9M in 2011 to $13.6M in 2023. The foundation is governed by 5 officers and trustees. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Pennsylvania. According to available records, Holy Spirit Radio Foundation Inc. has made 8 grants totaling $9K, with a median grant of $450. Annual giving has grown from $350 in 2021 to $7K in 2024. Individual grants have ranged from N/A to $5K, with an average award of $1K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Alabama and Pennsylvania and Florida. Contributions to this foundation are tax-deductible.
Holy Spirit Radio Foundation Inc. is a private operating foundation based in Doylestown, Pennsylvania, with total assets of approximately $14.6 million. Despite its classification as a private foundation (filing IRS Form 990-PF), this is an operating entity — not a traditional grantmaking foundation.
The foundation operates two Catholic AM radio stations in the Philadelphia metropolitan area: WISP 1570AM and WCOJ 1420AM. Its mission is to use technology to spread the Good News, operating under the tagline "Inspired by the Holy Spirit...Communicating Hope!"
This foundation does not accept grant applications and does not distribute grants to external organizations. Its expenses are devoted entirely to operating its radio broadcasting stations, including EWTN programming, local Catholic content, and community services like prayer request lines.
Holy Spirit Radio Foundation is an operating foundation, not a grantmaking one. Its financial resources are directed toward radio station operations rather than grant distributions.
Key Financial Data: - Total Assets: $14,587,846 - Program Expenses: $197,156 (radio broadcasting operations) - Revenue Model: 100% listener-supported (donations and business underwriting)
Programs: - WISP 1570AM and WCOJ 1420AM radio broadcasting - EWTN (Eternal Word Television Network) programming - Local Catholic radio content production - Catholic news from EWTN and Vatican News sources - Community bulletin board announcements - Prayer request services
The foundation's substantial asset base ($14.6M) relative to its modest operating expenses ($197K) suggests significant endowment or investment holdings that generate income to support ongoing broadcasting operations.
The following table compares Holy Spirit Radio Foundation with similarly-sized foundations in Pennsylvania:
| Foundation | Assets | State | Focus Area |
|---|---|---|---|
| Holy Spirit Radio Foundation Inc. | $14,587,846 | PA | Religion |
| VNA Foundation Of Greater North Penn | $14,589,415 | PA | Health |
| Bayard Cutting Arboretum Endowment Fund | $14,583,222 | PA | Environment |
| Ewing T Boles Endowment Fund Trust | $14,570,639 | PA | Education |
| Dorothy And Anthony Bardaro Foundation Inc. | $14,496,880 | PA | Philanthropy & Grantmaking |
Holy Spirit Radio Foundation is unique among its peers as an operating foundation rather than a grantmaking one. While similarly-sized Pennsylvania foundations in this asset range typically distribute grants, Holy Spirit Radio uses its resources to operate Catholic radio stations. The foundation's Religion classification reflects its operational focus rather than a grantmaking program area.
Holy Spirit Radio Foundation continues to operate two Catholic AM radio stations serving the Philadelphia metropolitan area: WISP 1570AM and WCOJ 1420AM. The stations carry EWTN programming alongside locally produced Catholic content and news from Vatican sources.
The foundation is entirely listener-supported and actively solicits donations and business underwriting. It maintains a web presence at holyspiritradio.org with online streaming capabilities, mobile access options, and community engagement features including prayer request submissions and community bulletin board announcements.
With $14.6 million in assets and relatively modest operating expenses of $197,156, the foundation appears financially stable with a substantial reserve or endowment supporting its broadcasting mission.
Important: This is NOT a grantmaking foundation.
Holy Spirit Radio Foundation Inc. is an operating private foundation that runs Catholic radio stations. It does not: - Accept grant applications - Distribute grants to external organizations - Operate grant programs
For organizations seeking Catholic/religious funding in Pennsylvania, consider instead: - The Catholic Foundation of Greater Philadelphia - Knights of Columbus local councils - Diocese of Philadelphia grant programs - Dorothy And Anthony Bardaro Foundation Inc. (nearby PA grantmaker with $14.5M in assets)
For those interested in radio underwriting or partnership: - Contact Holy Spirit Radio via holyspiritradio.org - Stations: WISP 1570AM and WCOJ 1420AM - Listener-supported model accepts donations and business underwriting
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Smallest Grant
N/A
Median Grant
$100
Average Grant
$117
Largest Grant
$200
Based on 3 grants from the most recent 990-PF filing.
Direct expenses related to operating a noncommercial religious (catholic) educational am radio broadcasting station.
Expenses: $197K
Holy Spirit Radio Foundation is an operating foundation, not a grantmaking one. Its financial resources are directed toward radio station operations rather than grant distributions. Key Financial Data: - Total Assets: $14,587,846 - Program Expenses: $197,156 (radio broadcasting operations) - Revenue Model: 100% listener-supported (donations and business underwriting).
Holy Spirit Radio Foundation Inc. has distributed a total of $9K across 8 grants. The median grant size is $450, with an average of $1K. Individual grants have ranged from N/A to $5K.
Holy Spirit Radio Foundation Inc. is a private operating foundation based in Doylestown, Pennsylvania, with total assets of approximately $14.6 million. Despite its classification as a private foundation (filing IRS Form 990-PF), this is an operating entity — not a traditional grantmaking foundation. The foundation operates two Catholic AM radio stations in the Philadelphia metropolitan area: WISP 1570AM and WCOJ 1420AM. Its mission is to use technology to spread the Good News, operating under t.
Holy Spirit Radio Foundation Inc. is headquartered in DOYLESTOWN, PA. While based in PA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frank B Eliason Iv | DIRECTOR | $35K | $0 | $35K |
| Carolyn M Eliason | SECRETARY/TR | $25K | $0 | $25K |
| Catherine Pearson | DIRECTOR | $0 | $0 | N/A |
| Dale W Meier | PRESIDENT | $0 | $0 | N/A |
| Jane C Meier | EXECUTIVE VP | $0 | $0 | N/A |
Total Giving
$226K
Total Assets
$13.6M
Fair Market Value
$15M
Net Worth
$13.6M
Grants Paid
$7K
Contributions
$7.4M
Net Investment Income
$211K
Distribution Amount
$307K
Total: $8.3M
Total Grants
8
Total Giving
$9K
Average Grant
$1K
Median Grant
$450
Unique Recipients
6
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| EwtnUNRESTRICTED OPERATING FUNDS | Irondale, AL | $5K | 2024 |
| My Father'S VineyardUNRESTRICTED OPERATING FUNDS | Yardley, PA | $1K | 2024 |
| Bucks County Pro-Life CoalitionUNRESTRICTED OPERATING FUNDS | Richlandtown, PA | $500 | 2024 |
| Legacy Of Life FoundationUNRESTRICTED OPERATING FUNDS | Yardley, PA | $200 | 2021 |
| Doylestown Fire Co No 1UNRESTRICTED OPERATING FUNDS | Doylestown, PA | $100 | 2021 |
| Central Bucks EmsUNRESTRICTED OPERATING FUNDS | Doylestown, PA | N/A | 2021 |