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Centre Foundation Inc

STATE COLLEGE, PA EIN: 25-1782197 Website

Centre Foundation Inc, also known as the Centre County Community Foundation, is a community foundation established in 1981 and located in State College, Pennsylvania. The organization receives, holds, and administers funds through endowment earnings to support local nonprofit organizations and foster a culture of philanthropy throughout Centre County.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$83.4M

+6.7% YoY

Annual Giving

$5.1M

+29.4% YoY

Grant Count

173

+12.3% YoY

Avg Grant Size

$30K

+15.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Centre Foundation exists to support donors and nonprofit organizations by managing funds and providing grants, training, and support. The foundation empowers everyone to be a philanthropist and helps nonprofits achieve greater impact in the region.

The foundation envisions a vibrant Centre County where everyone has the opportunity and resources to thrive.

Primary funding areas include:

  • Arts, humanities, and culture
  • Education
  • Health and human services
  • Social services
  • Animal welfare
  • Conservation
  • Recreation

Grantmaking

Centre Foundation distributes grants to over 200 organizations annually. The foundation awards over $250,000 each year through competitive grant cycles.

Review Cycle

.

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Geographic Focus

Where this funder awards grants

Centre County, Pennsylvania and surrounding regions.

Grant Distribution by State

11states
+3 more states

Cities

AaronsburgAltoonaArlingtonBaltimoreBellefonteBensalemBoalsburgCamp HillCentre HallCentrevilleChambersburgClarionColumbusDallasErieHagerstownHarrisburgHenricoHilton Head IslandHollidaysburg

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

  • Total assets: $83,384,700
  • Total revenues: $8,389,686
  • Total expenses: $7,253,338
  • Number of employees: 10

As of December 31, 2023:

  • Total assets: $78,171,662
  • Total revenues: $6,043,071
  • Total expenses: $5,804,494
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$12M$16M20202021202220232024
Metric202420232022
Total Assets$83,384,700$78,171,662$70,860,925
Revenue$8,389,686$6,043,071$5,437,523
Expenses$7,253,338$5,804,494$5,946,892
Qualifying Distributions
Net Investment Income$2,991,577$1,604,800$1,379,530
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$5M148 grants2020150 grants2021155 grants2022154 grants2023173 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Congregation Brit Shalom$576KCentre Volunteers In Med…$161K3 Dots Downtown$158KDowntown State College I…$130KCentre County PAWS$119KClearWater Conservancy$108KCentre Safe$104KBoy Scouts Of America Ju…$76KDiscovery Space$70KArt Alliance of Central …$61K

Grant Size Distribution

250 grants across all recorded years

199<$50K36$50–100K14$100–250K$250–500K1$500K–1M$1–5M$5M+

Open Grants

13 open opportunities from Centre Foundation Inc

Show all 13 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Molly Kunkel — President and Chief Executive Officer

  • Oversees leadership and management, donor relations, community outreach, overall strategic plans, marketing and communications

Carrie Ryan — Chief Financial Officer/Chief Operating Officer

  • Manages operational, financial, strategic and administrative oversight

Kerry Tolton — Development and Stewardship Director

  • Handles fund opening, giving circle membership, and professional advisor relationships

Nathaniel Rasmussen — Community Impact Director

  • Oversees nonprofit organization training and support, grant strategy, and Centre Gives programming

Krista Williams — Grants and Scholarship Coordinator

  • Manages online grant and scholarship processes, student applications, and scholarship payments

Melissa Lopata — Marketing and Communications Director

  • Handles press releases, impact story writing, content creation, and community engagement

Andrea Cook — Accounting Director

  • Manages accounting, grant management, billing, and audit coordination

Maddie Saldaña — Executive Administrative Assistant

  • Provides events and administrative support

Compensation Overview

From 2024 IRS filing

MOLLY KUNKELPRESIDENT/CEO$170KCARRIE RYANCFO/COO$144K

From 2024 filing

NameTitleHoursCompensation
DEREK VARNERDIRECTOR1
LYDIA ABDULLAHDIRECTOR1
CARI GUSTAFSONDIRECTOR1
RICH BUNDYDIRECTOR1
SUE MASONDIRECTOR1
ERIN MEITZLERVICE CHAIR/SECRETARY1
RANDY WOOLRIDGEDIRECTOR1
BOB HICKSDIRECTOR1
BLAKE GALLDIRECTOR2
RICH KALINDIRECTOR2
KATE BENNETT TRUITTCHAIR3
RICH WISNIEWSKIDIRECTOR1
SERIA CHATTERSDIRECTOR1
JOE DIONISIOTREASURER1
MOLLY KUNKELPRESIDENT/CEO50$170,111
CARRIE RYANCFO/COO50$144,142

Recent News & Activity

Recent developments and announcements

2026

**Centre Gives 2026:**

2026

Centre Gives, the foundation's 36-hour online giving event, is scheduled for May 6 & 7, 2026. In the previous year, Centre County raised $2.8 million for 230+ nonprofits during the event. Since 2012, Centre Gives has raised over $19 million for local nonprofits.

Centre Foundation Awards Over $164,000 In Grants to Local Nonprofits. | Centre

**Recent Grant Awards:**

The foundation has awarded grants including $183,130 in field-of-interest grants supporting 41 community programs, and over $164,000 in grants to local nonprofits through various cycles.

Centre Foundation Awards Over $164,000 In Grants to Local Nonprofits. | Centre

Contact Information

Address: 1377 Ridge Master Drive State College, PA 16803

Phone: 814-237-6229 (Spanish language services available)

Website: www.centrefoundation.org

Office Hours: 9 a.m. to 5 p.m., Monday through Friday

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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