NonprofitsPenngift Foundation Inc

Education

Penngift Foundation Inc

ELVERSON, PA

Total revenue

$3.8M

Total expenses

$3.0M

Net assets

$4.3M

Grants received

$10K

1 grants

EIN

233088386

Tax year

2024

Mission

To provide scholarship assistance to families with children attending private schools

Programs

1 program

The opportunity scholarship program provides scholarship assistance to families with children attending schools within the boundary of a low-achieving school. In 2024, scholarships were awarded for students in three classes: pre-kindergarten, kindergarten through 8 grade, and grades 9 - 12. Roughly 200 scholarships were given.

Expenses: $496KGrants: $496K

Financials

FY 2024

Revenue

Contributions & grants$3.7M
Program service revenue
Investment income$95K
Other revenue
Total revenue$3.8M

Expenses

Grants paid$2.7M
Salaries & benefits$114K
Fundraising
Other expenses$244K
Total expenses$3.0M
Total assets$4.3M
Net assets$4.3M

People

6 listed

NameRoleCompensation

JAMES A COX JR

DIRECTOR, MANAGING DIRECTOR

Board

$55K

30 hrs/wk

GERALD W THACKER

DIRECTOR

Board

$6K

5 hrs/wk

SAMUEL E ROHRER

PRESIDENT

Board

5 hrs/wk

JERALD M BIRMELIN

TREASURER, DEVELOPMENT DIRECTOR

Board

5 hrs/wk

MARK M GILLEN

DIRECTOR

Board

5 hrs/wk

KELLY KIDD

SECRETARY

Board

5 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$10K
ASSISTANCE FOR EDUCATIONAL PROGRAMS
2019

Funded by

$10K from 1 funder · 1 grant · 2019

Dollar Bank Foundation

$10K · 1 grant · 2019

Details

EIN233088386
NTEE codeB82
Subsection03
Ruling date2001-08
Formed2001
Employees4
Volunteers3
PENNGIFT FOUNDATION INC — Mission, Financials & Grants Received | Grantivo