Fund for Education
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
36
-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.
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
States
Cities
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.
| 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.
What is Fund for Education's EIN?
Fund for Education's EIN (Employer Identification Number) is 23-6849172. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fund for Education's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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