EIN 25-1782197

Centre Foundation

IRS 501(c) type
501(c)(3)
Num. employees
8
Year formed
1995
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Centre County Community Foundation inspires and facilitates a culture of giving to benefit the community. It receives, holds, and administers funds through endowment earnings for grants to local 501(c)(3) organizations in areas such as arts, humanities, culture, education, recreation, and social causes. The foundation supports these organizations and donors by building endowments and promoting community engagement through training programs. It is located in State College, PA.
Also known as...
Centre County Community Foundation
Total revenues
$5,437,523
2022
Total expenses
$5,946,892
2022
Total assets
$70,860,925
2022
Num. employees
8
2022

Program areas at Centre Foundation

Centre Foundation believes in the organizations that are creating a better future for Centre county and the donors who support them. We work to inspire philanthropy, build endowments, create community engagement, strengthen organizations through training and research, fund transformative projects, and convene effective partnerships around community issues. Each year, Centre Foundation distributes grants to over 200 organizations. Programs support all kinds of work, across all nonprofit sectors and focuses including: arts, humanities, culture, education, social services and conservation. We provide annual community support through our innovative giving and granting programs including: Centre gives, Centre inspires, Centre pact, giving circle, field of interest grants, and scholarships to universities and trade schools. Centre Foundation is accredited through the national standards for u.s. community foundations.

Grants made by Centre Foundation

GranteeGrant descriptionAmount
Centre Volunteers in MedicineGeneral Support$181,211
Food Bank of the State College AreaGeneral Support$134,294
Union for Reform JudaismGeneral Support$121,542
...and 141 more grants made totalling $3,833,428

Who funds Centre Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Kathryn and Roy Shoemaker Charitable TrustGeneral Operating$6,831,267
Centre FoundationGeneral Support$30,767
State TheatreGeneral Support$30,000
...and 11 more grants received

Personnel at Centre Foundation

NameTitleCompensation
Molly KunkelPresident and Chief Executive Officer$143,801
Carrie RyanChief Financial Officer and Chief Operating Officer$120,262
Kerry ToltonDevelopment and Stewardship Director
Erin MeitzlerBoard Member$0
Kate Bennett TruittVice Chair and Secretary$0
...and 3 more key personnel

Financials for Centre Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$4,058,230
Program services$0
Investment income and dividends$1,166,126
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$213,404
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-237
Total revenues$5,437,523

Form 990s for Centre Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-11990View PDF
2019-122021-04-05990View PDF
2018-122020-01-22990View PDF
...and 10 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 1 new personnel
January 1, 2024
Received grants
Identified 2 new grant, including a grant for $30,767 from Centre Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 25, 2023
Received grants
Identified 8 new grant, including a grant for $30,000 from State Theatre
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsOperates internationallyState / local levelEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donations
General information
Address
1377 Ridge Master Dr
State College, PA 16803
Metro area
State College, PA
County
Centre County, PA
Website URL
centre-foundation.org/ 
Phone
(814) 237-6229
Facebook page
centrefoundation 
Twitter profile
@centrefndn 
IRS details
EIN
25-1782197
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1995
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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