Arkema Inc Foundation
The Arkema Inc Foundation is a corporate foundation established in 1957 and tax-exempt since June 1959. Located at 900 First Avenue in King of Prussia, Pennsylvania, the foundation is committed to enhancing the quality of life in the communities where Arkema Inc. conducts business. The foundation makes philanthropic grants and gifts to various social, cultural, and educational organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15K
-81.7% YoY
Annual Giving
$386K
+13.7% YoY
Grant Count
34
+3300.0% YoY
Avg Grant Size
$11K
-96.7% YoY
Mission & Focus Areas
The primary mission of the Arkema Inc Foundation is to focus on science education at the elementary school level. The foundation's most prominent program is the award-winning Arkema Inc. Science Teacher Program.
Beyond science education, the foundation provides support to educational and cultural organizations in the region of its King of Prussia headquarters location. The foundation supports organizations involved with:
- Arts and culture
- Education
- Civic affairs
Grantmaking
The foundation accepts letters of inquiry throughout the year. Letters should be up to two pages in length and include:
Grant Range
s and Activity:**
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Pennsylvania, Texas, and New York, with particular emphasis on the King of Prussia headquarters region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
| Metric | Amount |
|---|---|
| Total Assets | $84,273 |
| Total Revenue | $215,000 |
| Total Expenses | $342,090 |
| Total Liabilities | $0 |
Revenue Composition (2023):
- Total grants and contributions: $215,000
- Investment income and dividends: $0
Year-over-Year Change: Total revenues increased 7.5% from 2022 ($200,040) to 2023 ($215,000).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,464 | $84,273 | $211,363 |
| Revenue | $320,000 | $215,000 | $200,040 |
| Expenses | $388,809 | $342,090 | $377,624 |
| Qualifying Distributions | $386,287 | $339,657 | $375,509 |
| Net Investment Income | — | — | — |
| Distributable Amount | $4,968 | $6,026 | $8,067 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
158 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Tony O'Donovan, President and Chief Executive Officer, Arkema Inc.
- Janet Smith, Director, Communications & Crisis Preparedness, Arkema Inc.
- Steve Baxter, R&D Director, High Performance Polymers, Arkema Inc.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANTHONY O'DONOVAN | TRUSTEE | — | — |
| JANET SMITH | TRUSTEE | — | — |
| STEVE BAXTER | TRUSTEE | — | — |
| ARKEMA INC | TRUSTEE | — | — |
Recent News & Activity
Recent developments and announcements
The foundation celebrated 10 years of the Arkema Fund in 2025, announcing winners of that year's grants. The foundation has extended key corporate philanthropy partnerships through 2028. In 2022, Arkema recognized students and customers with its first castor scholarship awards and announced winners of the Arkema Fund for Education.
Arkema Fund: Announcement of the 2025 winners and celebration of 10 years!Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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