1715 Properties Inc
To hold title to property, to collect the income therefrom, and turnover the entire amount thereof, less expenses, to citizens actingtogether can help, inc., and any other qualified organizations whoare exempt from taxation under 501(a) of internal revenue code andwho conform to requirements to be established by the board ofdirectors for eligibility to receive said income.
1715 Properties Inc at a glance
In short: 1715 Properties Inc gave $600K across 1 grant in 2025 (avg $600K), mostly in Pennsylvania. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $600,000
- +20.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $600,000
- +20.0% vs 2024
- Median grant
- $600,000
- Total assets
- $3,853,571
- -6.3% vs 2024
- Primary geography
- Pennsylvania (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who 1715 Properties Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Catch Inc ($600K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $500K–1M range: 3 grants of 4 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $400K (2020) to $800K (2023). In 2025 it made 1 grant totaling $600K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Catch Inc Philadelphia, PA | General Support | $600,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2025 | $3,853,571 | $453,578 | $712,758 | $600,000 | 1 |
| 2024 | $4,112,751 | $416,119 | $612,780 | $500,000 | 1 |
| 2023 | $4,309,412 | $412,338 | $912,801 | $800,000 | 1 |
| 2022 | $4,957,447 | $462,046 | $167,671 | — | — |
| 2021 | $4,833,925 | $408,578 | $567,690 | $400,000 | 1 |
| 2020 | $5,157,021 | $330,575 | $567,671 | $400,000 | 1 |
About 1715 Properties Inc
Based on IRS filings
1715 Properties Inc is a public charity, based in Philadelphia, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.9M in total assets. In 2025, it awarded 1 grant totaling $600K.
Leadership & Key People
Officers and directors from IRS filings
1715 Properties Inc is led by Raymond A. Pescatore, CEO on every filing since 2020; 5 of 6 officers listed in 2025 are compensated.
Officers on the 2025 filing
Raymond A. Pescatore
CEO
On filings since 2020
10 hrs/week
$78K (2020) → $78K (2025)
Angela Palmieri
Board Chairperson
New on the 2025 filing
1 hr/week
$3K (2025)
Claudia Sherrod
Secretary
Board Member → Secretary, 2021
On filings since 2020
1 hr/week
$6K (2020) → $6K (2025)
James Kennedy
CFO
On filings since 2020
24 hrs/week
$26K (2020) → $26K (2025)
Royal Brown
Treasurer
Board Member → Treasurer, 2021
On filings since 2020
1 hr/week
$6K (2020) → $6K (2025)
John Paone
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Emilio R. Matticoli EdD (2021–2024) — Board Chairman
- Former: Emilio R Matticoli E (2020) — Board Chairman
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $78K, to Raymond a Pescatore (CEO). 5 officers or directors reported compensation on that filing.
Frequently asked questions about 1715 Properties Inc
How much does 1715 Properties Inc give each year?
1715 Properties Inc gave $600K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $500K across 1 grant.
How large is 1715 Properties Inc?
1715 Properties Inc reported $3.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $454K.
Where does 1715 Properties Inc operate?
1715 Properties Inc has awarded grants in Pennsylvania.
What is 1715 Properties Inc's EIN?
1715 Properties Inc's EIN (Employer Identification Number) is 23-2494907. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS January 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS December 7, 2021)
- Updated Form 990 for fiscal year 2023 (received by the IRS January 16, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 24, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
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Figures come from 1715 Properties Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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