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Towanda Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $9.6M. Annual income is reported at $8.5M. Total assets have grown from $50K in 2021 to $9.6M in 2024. The foundation is governed by 2 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 2021 to 2024. According to available records, Towanda Foundation has made 11 grants totaling $176K, with a median grant of $10K. Annual giving has grown from $36K in 2022 to $140K in 2023. Individual grants have ranged from $10K to $26K, with an average award of $16K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in California, Pennsylvania, Massachusetts, which account for 55% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
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.
Towanda Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in CA, PA, MA.
Towanda Foundation has distributed a total of $176K across 11 grants. The median grant size is $10K, with an average of $16K. Individual grants have ranged from $10K to $26K.
Towanda Foundation typically selects its grantees rather than accepting unsolicited proposals.
Towanda Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sara Hinkle | Dir, Pres | $0 | $0 | N/A |
| Ryan Hinkle | Treas, Dir, Sec | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$9.6M
Fair Market Value
N/A
Net Worth
$9.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$176K
Average Grant
$16K
Median Grant
$10K
Unique Recipients
11
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Appalachian Mountain ClubGeneral & Unrestricted | Charlestown, MA | $25K | 2023 |
| Groundswell FundGeneral & Unrestricted | San Francisco, CA | $25K | 2023 |
| Together RisingIn support of crisis response in Turkey and Syria | Falls Church, VA | $20K | 2023 |
| Earth Island Institute IncGeneral & Unrestricted | Berkeley, CA | $20K | 2023 |
| Greenwave Organization CorpGeneral & Unrestricted | New Haven, CT | $10K | 2023 |
| Honor The EarthGeneral & Unrestricted | Ponsford, MN | $10K | 2023 |
| Surfrider FoundationGeneral & Unrestricted | San Clemente, CA | $10K | 2023 |
| The Coral Reef AllianceGeneral & Unrestricted | San Francisco, CA | $10K | 2023 |
| Billion Oyster ProjectGeneral & Unrestricted | New York, NY | $10K | 2023 |
| Brandywine Heights Area School DistrictHigh School Computer Lab | Topton, PA | $26K | 2022 |
| Women Moving Millions IncGeneral & Unrestricted | New York, NY | $10K | 2022 |