Public Charity

FOUNDATION PROPERTY INC

FOUNDATION PROPERTY INC is a Public Charity headquartered in STATE COLLEGE, PA. Financial data from the 2024 filing: $13K revenue, $21K expenses, $228K total assets. 1 publicly reported grants to this organization, totaling roughly $25K, appear in IRS filings.

EIN: 251873198 STATE COLLEGE, PA Latest filing: 2024
Total Revenue$13K
Total Expenses$21K
Total Assets$228K
Grant Records1
Funding Total$25K
Filing Years2019–2024

Mission

THE PURPOSE OF THE CORPORATION IS TO RECEIVE GIFTS FROM THE PUBLIC, AND USE THOSE GIFTS TOGETHER WITH PART OR ALL OF THE INCOME AND/OR APPRECIATION TO MAKE GRANTS TO OR IN SUPPORT OF NON-PROFIT ORGANIZATIONS WHO ARE EXEMPT FROM TAX UNDER IRC SECTION 501(c)(3)

Sample Grants Received

2018
GENERAL SUPPORT
$25,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

SECRETARY Cari Gustafson
DIRECTOR Ellen Kline
TREASURER Joe Dionisio
DIRECTOR Kate Bennett Truitt
PRESIDENT/CEO Molly Kunkel
CHAIR Tom Songer

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $13K $21K $228K
2023 $39K $20K $248K
2022 $10K $20K $268K
2020 $61K $20K $308K
2019 $86K $106K $327K

Between 2019 and 2024, reported annual revenue declined from $86K to $13K (-84%), with total assets most recently reported at $228K.

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

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