Ben Franklin Technology Partners Corporation logo

Ben Franklin Technology Partners Corporation

Public charity · Grantmaker Bethlehem, PA EIN: 20-1326433 Website

Economic Development. The Partners provide monetary, in kind, and other assistance to educational organizations and new business entities seeking to locate in Pennsylvania and existing business entities located in Pennsylvania for advanced technology, research and development, training, education and related activities, including making investments in or acting as the manager of a fund created to support such business entities.

Key facts about Ben Franklin Technology Partners Corporation

In short: Ben Franklin Technology Partners Corporation gave $283K across 1 grant in 2025 (avg $283K), mostly in Pennsylvania. Source: 2025 IRS Form 990.

EIN
20-1326433
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$283,293
Grants made (2025)
1
Average grant
$283,293
Median grant
$283,293
Total assets
$412,631
Primary geography
Pennsylvania (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$413K

+76.2% YoY

Annual Giving

$283K

+11.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$283K

+11.2% YoY

How Ben Franklin Technology Partners Corporation gives

  • Giving grew 111% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Ben Franklin Technology Partners Corporation

Based on IRS filings

Ben Franklin Technology Partners Corporation is a public charity focused on Science & Technology, based in Bethlehem, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $413K in total assets. In 2025, it awarded 1 grant totaling $283K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

University Park

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $71K (2020) to $283K (2025). In 2025 it made 1 grant totaling $283K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Ben Franklin Technology Parterns CNP: $283KBen Franklin TechnologyParterns CNP$283K

The largest 2025 recipient was Ben Franklin Technology Parterns CNP ($283K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 5 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ben Franklin Technology Parterns CNP University Park, PAEconomic Development Programs - In the Fall of 2002, Pennsylvania's technology-focused economic development community came together to form the Innovation Partnership (IPart). The Partnership's mission is to assist Pennsylvania's early-stage technology companies to secure a greater share of Federal grant dollars to support innovation and commercialization. Since its inception, the IPart has benefitted from more than $1.5 million in support from the Commonwealth, the Federal Government, and partner organizations. In addition to the Commonwealth's support, the organization received funding from the U.S. Small Business Administration for federal and state technology programs (FAST).$283,293

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$412,631$234,173$254,805
Revenue$523,364$475,038$395,667
Expenses$523,364$475,339$395,363
Net Investment Income——$4

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS March 27, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS March 22, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS March 23, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS March 27, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS March 20, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS March 18, 2025)
  7. Updated Form 990 for fiscal year 2025 (received by the IRS February 25, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Ben Franklin Technology Partners Corporation is led by Angelo J Valletta, President on every filing since 2021; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Angelo J Valletta

    President

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Kathy Ann Minnich

    Assistant Treasurer

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Stephen Brawley

    Board Member

    Secretary → Board Member, 2022

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Scott Nissenbaum

    Vice President

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Ryan Glenn

    Secretary

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Ven Raju

    Board Member

    On filings since 2024

    2 hrs/week

    No compensation reported

Former officers (4)
  • Former: Richard Lunak (2019–2023) — Treasurer · Filing note: Ended oct 2022
  • Former: Venkatesh Raju (2023) — Board Member · Filing note: Started oct 2022
  • Former: R Chadwick Paul Jr. (2019–2021) — President
  • Former: RoseAnn Rosenthal (2019–2021) — Vice President

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Ben Franklin Technology Partners Corporation

How much does Ben Franklin Technology Partners Corporation give each year?

Ben Franklin Technology Partners Corporation gave $283K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $255K across 1 grant.

How large is Ben Franklin Technology Partners Corporation?

Ben Franklin Technology Partners Corporation reported $413K in total assets on its 2025 IRS Form 990. Its revenue that year was $523K.

What is Ben Franklin Technology Partners Corporation?

Ben Franklin Technology Partners Corporation is a public charity focused on Science & Technology, based in Bethlehem, PA. It holds $413K in total assets as of 2025.

Where does Ben Franklin Technology Partners Corporation operate?

Ben Franklin Technology Partners Corporation has awarded grants in Pennsylvania.

What is Ben Franklin Technology Partners Corporation's EIN?

Ben Franklin Technology Partners Corporation's EIN (Employer Identification Number) is 20-1326433. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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