Public Charity

CENTRE FOUNDATION INC

CENTRE FOUNDATION INC is a Public Charity headquartered in STATE COLLEGE, PA. Financial data from the 2024 filing: $8.4M revenue, $7.3M expenses, $83.4M total assets. 34 publicly reported grants to this organization, totaling roughly $8.0M, appear in IRS filings.

EIN: 251782197 STATE COLLEGE, PA Community Foundations NTEE: T31 Latest filing: 2024
Total Revenue$8.4M
Total Expenses$7.3M
Total Assets$83.4M
Grant Records34
Funding Total$8.0M
Filing Years2019–2024

Mission

CENTRE FOUNDATION FORMED TO RECEIVE, HOLD AND ADMINISTER FUNDS FOR THE BENEFIT OF THE COMMUNITY. ENDOWMENT FUNDS GENERATE EARNINGS FOR GRANTS TO LOCAL 501(C)(3) ORGANIZATIONS FOR THE BENEFIT OF ARTS, HUMANITIES, CULTURE, EDUCATION, RECREATION AND SOCIAL SERVICE AGENCIES IN CENTRE COUNTY PENNSYLVANIA AND SURROUNDING REGIONS.

Where $100 goes at Centre Foundation Inc

How Centre Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$6 Management running the organization
$6 Fundraising raising the next dollar

Inside the $88 for programs

$88
Centre Foundation believes in the organizations that are creating a better future for centre county and the donors who support them
All program spending · Reported in the filing: 200 organizations
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Blake Gall
DIRECTOR Bob Hicks
DIRECTOR Cari Gustafson
CFO/COO Carrie Ryan
DIRECTOR Derek Varner
VICE CHAIR/SECRETARY Erin Meitzler

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$7,914,301 28 grants
Education
$34,000 1 grant
Human & Social Services
$6,500 1 grant
Unspecified
$2,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $8.4M $7.3M $83.4M
2023 $6.0M $5.8M $78.2M
2022 $5.4M $5.9M $70.9M
2020 $6.0M $5.2M $66.1M
2019 $7.9M $4.3M $57.5M

Between 2019 and 2024, reported annual revenue grew from $7.9M to $8.4M (+6%), with total assets most recently reported at $83.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CENTRE FOUNDATION INC

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