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 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.

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 OPERATING
$7,167,946 2 grants
GENERAL SUPPORT
$270,738 8 grants
For grant recipient's exempt purposes
$135,614 7 grants
PUBLIC, SOCIETAL BENEFIT
$102,200 2 grants
FURTHERANCE OF CHARITABLE PURPOSE
$83,712 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.

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