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
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
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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
No grants recorded for .
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.comData last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Degenstein Charitable Foundation on Grantable?
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