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Ben Franklin Technology Partners Corporation

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$234K

-8.1% YoY

Annual Giving

$255K

+54.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$255K

+54.3% YoY

About Ben Franklin Technology Partners Corporation

Based on IRS filings

Ben Franklin Technology Partners Corporation is a nonprofit organization focused on Science & Technology, based in BETHLEHEM, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $234K in total assets. In 2024, it awarded 1 grants totaling $255K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

University Park

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$131K$261K$392K$523K20202021202220232024
Metric202420232022
Total Assets$234,173$254,805$285,120
Revenue$475,038$395,667$208,636
Expenses$475,339$395,363$208,628
Qualifying Distributions
Net Investment Income$4$8
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$64K$127K$191K$255K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Ben Franklin Technology …$255K

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ben Franklin Technology Partners CNP ($254,842).

RecipientPurposeAmount
Ben Franklin Technology Partners 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).$254,842

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Ven RajuBoard Member2
Scott NissenbaumVice President2
Stephen BrawleyBoard Member2
Angelo J VallettaPresident2
Kathy Ann MinnichAssistant Treasurer2
Ryan GlennSecretary2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ben Franklin Technology Partners Corporation?

Ben Franklin Technology Partners Corporation is a nonprofit organization focused on Science & Technology, based in BETHLEHEM, PA. It holds $234K in total assets as of 2024.

How large is Ben Franklin Technology Partners Corporation?

As of 2024, Ben Franklin Technology Partners Corporation holds $234K in total assets with $475K in annual revenue. It awarded 1 grants totaling $255K in 2024.

Where does Ben Franklin Technology Partners Corporation operate?

Ben Franklin Technology Partners Corporation has awarded grants in Pennsylvania.

What size grants does Ben Franklin Technology Partners Corporation award?

In 2024, Ben Franklin Technology Partners Corporation awarded 1 grants totaling $255K — an average of about $255K per grant, based on its IRS Form 990 filings.

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 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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