Degenstein Charitable Foundation
The Degenstein Charitable Foundation, also known as the Charles & Betty Degenstein Foundation, is a private foundation based in Orlando, Florida. Established in 1979, it operates as a non-operating foundation with a focus on philanthropic grantmaking to support communities primarily in Pennsylvania and surrounding regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-1.7% YoY
Annual Giving
$133K
+2.2% YoY
Grant Count
33
-2.9% YoY
Avg Grant Size
$4K
+5.3% YoY
Under IRS private-foundation payout rules, Degenstein Charitable Foundation reported a distributable amount of $144K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Philanthropy and Foundations
- Human Services
- Education
- Voluntarism and Grantmaking
The foundation primarily funds general operating expenses for eligible organizations.
Grantmaking
Notable recent grants include:
Grant Range
Approximately $5,000
Average Grant
Approximately $5,000
How to Apply
**
Ready to take the next step with Degenstein Charitable Foundation?
Geographic Focus
Where this funder awards grants
The foundation concentrates its grantmaking in Pennsylvania, with particular emphasis on:
- Snyder County
- Union County
- Northumberland County
Additional funding has been distributed to organizations in New York, Illinois, and other locations.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Income (2024)
- Total assets: $2,591,028
- Total revenues: $124,154
- Total expenses: $174,571
- Investment income and dividends: $71,802
Historical Giving Pattern
- Annual distribution range (2020-2022): $122,000 to $132,000
- Highest grantmaking activity: 2021 with $132,000 distributed across 29 grants
- Total grants made (historical): 98 grants totaling $381,000
- Organizations supported: 66 unique organizations
Tax Status Contributions to the foundation are tax-deductible.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,591,028 | $2,637,100 | $2,744,755 |
| Revenue | $124,154 | $71,584 | $18,189 |
| Expenses | $174,571 | $177,136 | $180,044 |
| Qualifying Distributions | $162,809 | $161,486 | $160,471 |
| Net Investment Income | $113,322 | $53,090 | $39,258 |
| Distributable Amount | $143,580 | $129,776 | $137,551 |
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
165 grants across all recorded years
Open Grants
1 open opportunity from Degenstein Charitable Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include City of Sunbury ($20,531), The Salvation Army ($10,000), Greater Susquehanna Valley Ymca ($8,430).
| Recipient | Purpose | Amount |
|---|---|---|
| A&B CHILDRENS THEATRE SUNBURY, PA | GENERAL OPERATING | $2,000 |
| A COMMUNITY CLINIC INC SUNBURY, PA | GENERAL OPERATING | $2,500 |
| BOY SCOUTS OF AMERICA SUSQUEHANNA WILLIAMSPORT, PA | GENERAL OPERATING | $2,000 |
| CAMPUS THEATRE LEWISBURG, PA | GENERAL OPERATING | $3,500 |
| CENTRAL SUSQUEHANNA SIGHT SERVICES INC SUNBURY, PA | GENERAL OPERATING | $2,000 |
| CITY OF SUNBURY SUNBURY, PA | GENERAL OPERATING | $20,531 |
| DIG FURNITURE BANK MILTON, PA | GENERAL OPERATING | $5,000 |
| EAST BUFFALO TOWNSHIP LEWISBURG, PA | GENERAL OPERATING | $3,000 |
| FOR THE CAUSE INC BERWICK, PA | GENERAL OPERATING | $5,000 |
| FREMONT FIRE DEPARTMENT AND QUICK MT PLEASANT MILLS, PA | GENERAL OPERATING | $2,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Principal Officer: Branch Banking and Trust Company (Truist Bank), which serves as trustee on a part-time basis and receives compensation for its services.
The foundation is governed by one officer or trustee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TRUIST BANK | TRUSTEE / PART-TIME | 12 | $19,356 |
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated significant commitment to regional organizations, including a $1 million pledge to the Sunbury YMCA and grants supporting community transit services and family assistance programs in central Pennsylvania.
Sunbury YMCA to receive $1 million pledge from Degenstein Foundation - Electricity.comFrequently Asked Questions
What does Degenstein Charitable Foundation fund?
The foundation's grantmaking priorities include: • **Philanthropy and Foundations** • **Human Services** • **Education** • **Voluntarism and Grantmaking** The foundation primarily funds general operating expenses for eligible organizations.
How do I apply for a grant from Degenstein Charitable Foundation?
**Grant Activity (2024)** • Total grants awarded: 27 grants • Total giving: $132,861 • Average grant size: Approximately $5,000 • Median grant size: $3,000 • Grant range: $500 to $22,000 **Recent Grants (2024)** Notable recent grants include: • Greater Susquehanna Valley YMCA: $8,430 • Line Mountain Nourishing Eagles To Soar Weekend Backpack Food Program: $7,700 • Summer Seals Day Camp: $5,000 • Mifflinburg Heritage: $1,500 **Application Process** Applicants must use a pre-printed form from the…
Where does Degenstein Charitable Foundation make grants?
The foundation concentrates its grantmaking in Pennsylvania, with particular emphasis on: • Snyder County • Union County • Northumberland County Additional funding has been distributed to organizations in New York, Illinois, and other locations.
What size grants does Degenstein Charitable Foundation award?
In 2024, Degenstein Charitable Foundation awarded 33 grants totaling $133K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Degenstein Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Degenstein Charitable Foundation reported a distributable amount of $144K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Degenstein Charitable Foundation's EIN?
Degenstein Charitable Foundation's EIN (Employer Identification Number) is 23-6661599. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Degenstein Charitable Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Virgil P Warren Fdn Tr Ua
ORLANDO, FL
Assets
$4.2M
Grants
14
Total Given
$96K
Palm Valley Academy Parent-teacher
PONTE VEDRA, FL
Assets
$261K
Grants
1
Total Given
$78K
The Fritch Foundation
FT LAUDERDALE, FL
Assets
—
Grants
17
Total Given
$167K
Leiman Asterisk Foundation Inc
DELRAY BEACH, FL
Assets
$1.2M
Grants
2
Total Given
$62K
Rachel Memorial Foundation
SANTA RSA BCH, FL
Assets
—
Grants
6
Total Given
$10K
My Brother'ssister's Keeper Charitable
ROYAL PALM BEACH, FL
Assets
$462K
Grants
1
Total Given
$50K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Degenstein Charitable Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Degenstein Charitable Foundation to a real strategy.