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Purpose Foundation is a private corporation based in MALVERN, PA. The foundation received its IRS ruling in 2015. The principal officer is % Edwin R Boynton. It holds total assets of $82K. Annual income is reported at $38K. The foundation operates in the area of human services. According to available records, Purpose Foundation has made 14 grants totaling $13K, with a median grant of $1K. Annual giving has grown from $2K in 2020 to $3K in 2023. Grantmaking activity was highest in 2022 with $6K distributed across 6 grants. Individual grants have ranged from $500 to $1K, with an average award of $950. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New York, Rhode Island, Tennessee, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Purpose Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NY, RI, TN.
Purpose Foundation has distributed a total of $13K across 14 grants. The median grant size is $1K, with an average of $950. Individual grants have ranged from $500 to $1K.
Purpose Foundation typically selects its grantees rather than accepting unsolicited proposals.
Purpose Foundation is headquartered in MALVERN, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas Blamey | DIRECTOR | $0 | $0 | $0 |
| Thomas D Boynton | DIRECTOR | $0 | $0 | $0 |
| Edwin R Boynton | PRESIDENT/SECT'Y/TREAS/DIR | $0 | $0 | $0 |
Total Giving
$4K
Total Assets
$59K
Fair Market Value
$76K
Net Worth
$59K
Grants Paid
$3K
Contributions
$14K
Net Investment Income
$1K
Distribution Amount
$3K
Total: $6K
Total Grants
14
Total Giving
$13K
Average Grant
$950
Median Grant
$1K
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lunchbox FundGRANT TO ANOTHER 501(C)(3) ORG | New York, NY | $1K | 2023 |
| WateraidGRANT TO ANOTHER 501(C)(3) ORG | New York, NY | $1K | 2023 |
| St Michael'S Episcopal ChurchGRANT TO ANOTHER 501(C)(3) ORG | Geneseo, NY | $900 | 2023 |
| Omena IncGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Providence, RI | $1K | 2022 |
| BloodwaterGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Nashville, TN | $1K | 2022 |
Other foundations that have funded Purpose Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Charles D Trover Family Foundation | $10K | 2024 | SUPPORT |
| Smith Walker Foundation | $2K | 2024 | OPERATING EXPENSE |
| David And Lucile Packard Foundation | $200K | 2023 | Environment and Science |
| David And Lucile Packard Foundation | $150K | 2023 | Environment and Science |
| Action Against HungerGRANT TO ANOTHER 501(C)(3) ORGANIZATION | New York, NY | $1K | 2021 |
| The Lunchbox FundGRANT TO ANOTHER 501(C)(3) ORGANIZATION | New York, NY | $1K | 2021 |
| Doctors Without BordersGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Hagerstown, MD | $1K | 2020 |
| $15K |
| 2023 |
| COMMUNITY SUPPORT |
| Robinson Foundation | $5K | 2023 | basic needs for low income families fund |
| Muller Family Foundation | $3K | 2023 | FUNDS ARE DONATED WITHOUT RESTRICTION ON USAGE |
| Case Family Foundation | $2K | 2023 | BRING AWARENESS TO TEEN MENTAL HEALTH |
| Case Family Foundation | $2K | 2023 | BRING AWARENESS TO TEEN MENTAL HEALTH |
| Cable Family Foundation | $2K | 2023 | PROGRAM SUPPORT |
| Harris And Eliza Kempner Fund | $500 | 2023 | ASSIST 501(C)(3) ORGANIZATION |
| Sempra Energy Foundation | $200 | 2023 | EDUCATION |
| Eileen And Fred Schoellkopf Family Foundation | $60 | 2023 | UNRESTRICTED |
| Mariposa Foundation Inc. | $428K | 2022 | FOR DONEE'S EXEMPT PURPOSE |
| David And Lucile Packard Foundation | $100K | 2022 | CONSERVATION AND SCIENCE |
| David And Lucile Packard Foundation | $100K | 2022 | CONSERVATION AND SCIENCE |
| Arie And Ida Crown Memorial | $50K | 2022 | PROGRAM |
| International Impact Ministries Inc. | $21K | 2022 | SUPPORTS MISSIONS AND MINISTRY |
| International Impact Ministries Inc. | $21K | 2022 | SUPPORTS MISSIONS AND MINISTRY |
| Andrew And Rachel Skeen Foundation | $5K | 2022 | OPERATING GRANT |
| Frome Family Foundation | $3K | 2022 | Educational |
| Cable Family Foundation | $3K | 2022 | PROGRAM SUPPORT |
| Cable Family Foundation | $3K | 2022 | PROGRAM SUPPORT |
| Sempra Energy Foundation | $2K | 2022 | EDUCATION |
| Case Family Foundation | $2K | 2022 | BRING AWARENESS TO TEEN MENTAL HEALTH |
| Bank Of America Charitable Foundation Inc. | $1K | 2022 | PROGRAM/OPERATING SUPPORT |
| Bank Of America Charitable Foundation Inc. | $1K | 2022 | PROGRAM/OPERATING SUPPORT |
| Bank Of America Charitable Foundation Inc. | $500 | 2022 | PROGRAM/OPERATING SUPPORT |
| Bank Of America Charitable Foundation Inc. | $500 | 2022 | PROGRAM/OPERATING SUPPORT |
| Gordon E And Betty I Moore Foundation | $998K | 2021 | In support of a tool to enable the mapping of Essential Life Support Areas. |
| Novo Foundation | $150K | 2021 | PROJECT SUPPORT: FAMILY STORY LAB |
| Ford Foundation | $85K | 2021 | CORE SUPPORT FOR FAMILY STORY TO CONDUCT CUTTING-EDGE RESEARCH AND CREATE CULTURAL AND POLITICAL STRATEGIES TO ADVANCE EQUITY FOR ALL TYPES OF FAMILIES |
| Cme Group Foundation | $50K | 2021 | EARLY CHILDHOOD LAB FOR ILLINOIS |
| Connors Family Foundation | $9K | 2021 | GENERAL PROGRAM SUPPORT |
| International Impact Ministries Inc. | $8K | 2021 | SUPPORTS MISSIONS AND MINISTRY |
| Andrew And Rachel Skeen Foundation | $5K | 2021 | OPERATING GRANT |
| Frome Family Foundation | $3K | 2021 | Social Services |
| Bank Of America Charitable Foundation Inc. | $750 | 2021 | OPERATIONAL SUPPORT |
| Bank Of America Charitable Foundation Inc. | $500 | 2021 | OPERATIONAL SUPPORT |
| Bank Of America Charitable Foundation Inc. | $200 | 2021 | OPERATIONAL SUPPORT |
| Verizon Foundation | $100 | 2021 | MIP PAYOUT FOR 12/03/21 |
| Bank Of America Charitable Foundation Inc. | $40 | 2021 | OPERATIONAL SUPPORT |
| Novo Foundation | $250K | 2020 | PROJECT SUPPORT: FAMILY STORY LAB |
| Lippman Kanfer Family Foundation | $25K | 2020 | GENERAL |
| Paul And Joanne Egerman Family Charitable Foundation | $25K | 2020 | UNRESTRICTED CHARITABLE GIFT |
| Frome Family Foundation | $5K | 2020 | Social Services |
| International Impact Ministries Inc. | $4K | 2020 | SUPPORTS MISSIONS AND MINISTRY |
| Sempra Energy Foundation | $2K | 2020 | EDUCATION |
| Cable Family Foundation | $2K | 2020 | PROGRAM SUPPORT |
| Verizon Foundation | $100 | 2020 | MIP PAYOUT FOR 01/14/20 |
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