Private Foundation

PRINCIPIO FURNACE FOUNDATION INC

PRINCIPIO FURNACE FOUNDATION INC, of PERRYVILLE, MD, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $173K in revenue, $134K in expenses, $269K in total assets. IRS filings disclose 69 grants awarded by this foundation, totaling roughly $151K.

EIN: 522325524 PERRYVILLE, MD Latest filing: 2025

Total Revenue$173K

Total Expenses$134K

Total Assets$269K

Grants Given69

Grant Total$151K

Filing Years2021–2025

Sample Grants Given

CHARLESTOWN ELEMENTARY SCHOOL

CHARLESTOWN, MD · 2024

GENERAL OPERATIONS

$4,673

CECIL COLLEGE FOUNDATION

NORTH EAST, MD · 2024

YEARLY DONATION

$525

PERRYVILLE FIRE DEPT

PERRYVILLE, MD · 2024

GENERAL OPERATIONS

$500

FREEDOM HILLS

PORT DEPOSIT, MD · 2024

THERAPEUTIC RIDING PROGRAM

$461

YOUTH EMPOWERMENT SERVICES

ELKTON, MD · 2024

GENERAL OPERATIONS

$350

Showing up to 5 of 69 total records — full history available with membership.

Officers & Directors

PRESIDENT Gary A Stewart Jr

TREASURER Jeremy Lynch

SECRETARY Sarah Warrington Colenda

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATIONS

$126,399 52 grants

YEARLY DONATION

$15,445 8 grants

THERAPEUTIC RIDING PROGRAM

$8,613 8 grants

CHRISTMAS PARADE

$1,000 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2025	$173K	$134K	$269K
2024	$123K	$134K	$230K
2023	$191K	$173K	$239K
2022	$153K	$154K	$221K
2021	$92K	$92K	$221K

Between 2021 and 2025, reported annual revenue grew from $92K to $173K (+89%), with total assets most recently reported at $269K.

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

Grant Geography

Grants from this foundation were reported to recipients in MD.

Full geographic grant map with state-by-state breakdown available with membership.

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports