//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Penn Schoellkopf Fund Inc. is a private corporation based in BUFFALO, NY. The foundation received its IRS ruling in 1966. It holds total assets of $389K. Annual income is reported at $115K. Total assets have grown from $303K in 2011 to $374K in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New York. According to available records, Penn Schoellkopf Fund Inc. has made 77 grants totaling $158K, with a median grant of $2K. Annual giving has grown from $25K in 2020 to $34K in 2023. Grantmaking activity was highest in 2022 with $72K distributed across 34 grants. Individual grants have ranged from $1K to $6K, with an average award of $2K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in New York, Ohio, South Carolina, which account for 95% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$4K
Based on 14 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.
Penn Schoellkopf Fund Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 77 grants. Its grantmaking reaches organizations primarily in NY, OH, SC.
Penn Schoellkopf Fund Inc. has distributed a total of $158K across 77 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $1K to $6K.
Penn Schoellkopf Fund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Penn Schoellkopf Fund Inc. is headquartered in BUFFALO, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan B Schoellkopf | Director | $0 | $0 | N/A |
| Jane S Banta | Director | $0 | $0 | N/A |
| Ann S Jewett | Director | $0 | $0 | N/A |
Total Giving
$44K
Total Assets
$374K
Fair Market Value
$649K
Net Worth
$374K
Grants Paid
$34K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$30K
Total: $329K
Total Grants
77
Total Giving
$158K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
24
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyUnrestricted | Buffalo, NY | $5K | 2023 |
| Jacobs InstituteUnrestricted | Buffalo, NY | $5K | 2023 |
| Westminister Economic Development InitiativeUnrestricted | Buffalo, NY | $5K | 2023 |
| SpcaUnrestricted | West Seneca, NY | $4K | 2023 |
| Nichols SchoolUnrestricted | Buffalo, NY | $3K | 2023 |
| Genesee Valley ConservatoryUnrestricted | Geneseo, NY | $2K | 2023 |
| Danny & Ron'S RescueUnrestricted | Camden, SC | $1K | 2023 |
| Elmwood Franklin SchoolUnrestricted | Buffalo, NY | $1K | 2023 |
| King Urban Life CenterUnrestricted | Buffalo, NY | $1K | 2023 |
| Ronald Mcdonald HouseUnrestricted | Buffalo, NY | $1K | 2023 |
| Roswell Park Comprehensive Cancer CtrUnrestricted | Buffalo, NY | $1K | 2023 |
| St Francis Roman Catholic Church In TonawandaUnrestricted | Tonawanda, NY | $1K | 2023 |
| Stephen Comunale Cancer FdnUnrestricted | Akron, OH | $1K | 2023 |
| Buffalo Therapeutic Riding CenterUnrestricted | Buffalo, NY | $1K | 2023 |
| Betsy-Jeff Penn 4-H CenterUnrestricted | Reidsville, NC | $1K | 2023 |
| Cradle Beach CampUnrestricted | Angola, NY | $1K | 2023 |
| Draves ArboretumUnrestricted | Darien Center, NY | $2K | 2022 |
| Friends Of Knox FarmUnrestricted | East Aurora, NY | $1K | 2022 |