Fund for Education

ARDMORE, PA EIN: 23-6849172 Website

Fund for Education is a private foundation established in 1986, based in Ardmore, Pennsylvania. The foundation operates as a non-operating foundation that makes grants to preselected charitable organizations across multiple states, with a primary focus on education-related initiatives.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+0.2% YoY

Annual Giving

$81K

-1.9% YoY

Grant Count

-2.7% YoY

Avg Grant Size

$2K

+0.8% YoY

Under IRS private-foundation payout rules, Fund for Education reported a distributable amount of $82K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's grantmaking priorities center on education, with documented support for:

Education nonprofits
Science education and teachers
STEM education
COVID-19 disaster preparedness initiatives
Human services
Health care

Grantmaking

Annual distributions have ranged from $82,000 to $188,000 between 2020 and 2023. Peak grantmaking activity occurred in 2022 with $188,000 distributed across 70 grants. The foundation has supported 64 unique organizations to date.

Grant Range

$1,000

Average Grant

award: $2,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

Pennsylvania
California
Massachusetts
Colorado

These four states account for approximately 55% of all grants. Grantmaking reaches organizations across 13 states total.

Grant Distribution by State

California $150K (35%)

Pennsylvania $114K (27%)

Massachusetts $30K (7%)

New York $28K (6%)

Virginia $27K (6%)

Kentucky $25K (6%)

Colorado $16K (4%)

District of Columbia $15K (3%)

+5 more states

States

Arizona California Colorado District of Columbia Georgia Kentucky Massachusetts Minnesota North Carolina New York Pennsylvania Rhode Island Virginia

Cities

Albert LeaAmherstArdmoreArlingtonArlingtonvAtlantaBala CynwydBereaBlaineBostonBoulderCambridgeColorado SpringsDecaturDenverDevonDurhamEl CajonFlagstaffLos Angeles

Financial History

Multi-year comparison from IRS filings

Total Assets: $1,647,457 (as of most recent filing)
Annual Income: $85,000
Total Giving: $80,910
Asset Trend: Total assets decreased from $2,300,000 in 2011 to $1,647,457 in recent filings

Tax Status: Private foundation with tax-deductible contributions. IRS ruling year: 1986. EIN: 23-6849172.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,647,457	$1,644,979	$1,671,154
Revenue	$84,504	$57,060	$18,389
Expenses	$82,026	$83,235	$94,475
Qualifying Distributions	$80,910	$82,500	$93,785
Net Investment Income	$83,388	$56,325	$17,631
Distributable Amount	$81,732	$80,877	$83,933

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

188 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Rescue Task Force ($30,000), Jewish Family and Children's Service of Gr Phila ($8,000), Sharing Excess ($7,500).

Recipient	Purpose	Amount
ACLU PHILADELPHIA, PA	CHARITABLE	$500
BALA CYNWYD LIBRARY BALA CYNWYD, PA	CHARITABLE	$100
BRENNAN CENTER FOR JUSTICE NEW YORK, NY	CHARITABLE	$500
ARDEN THEATRE COMPANY PHILADELPHIA, PA	CHARITABLE	$5,000
ARDMORE FREE LIBRARY ARDMORE, PA	CHARITABLE	$250
ASHOKA ARLINGTONV, VA	CHARITABLE	$1,000
BEREA COLLEGE BEREA, KY	EDUCATIONAL	$5,000
ALTRUVISION PHILADELPHIA, PA	CHARITABLE	$5,000
E O WILSON BIODIVERSITY FOUNDATION DURHAM, NC	CHARITABLE	$250
FIRST BOOK WASHINGTON, DC	CHARITABLE	$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

Principal Officer: Paul M Prusky

The foundation is governed by 2 officers and trustees.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
STEVEN G PRUSKY	MANAGER	1	—
SUSAN M PRUSKY	TRUSTEE	—	—

Frequently Asked Questions

What does Fund for Education fund?

The foundation's grantmaking priorities center on education, with documented support for: • Education nonprofits • Science education and teachers • STEM education • COVID-19 disaster preparedness initiatives • Human services • Health care

How do I apply for a grant from Fund for Education?

**Grant Activity:** • Total assets: $1,647,457 • Annual giving: $80,910–$85,000 • Historical grantmaking: 187 grants totaling $442,000 • Median grant size: $1,000 • Individual grant range: $150–$42,000 • Average grant award: $2,000 **Recent Distribution Patterns:** Annual distributions have ranged from $82,000 to $188,000 between 2020 and 2023. Peak grantmaking activity occurred in 2022 with $188,000 distributed across 70 grants. The foundation has supported 64 unique organizations to date. **A…

Where does Fund for Education make grants?

The foundation primarily funds organizations in: • Pennsylvania • California • Massachusetts • Colorado These four states account for approximately 55% of all grants. Grantmaking reaches organizations across 13 states total.

What size grants does Fund for Education award?

In 2024, Fund for Education awarded 36 grants totaling $81K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Fund for Education required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Fund for Education reported a distributable amount of $82K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.