Hero Scholarship Fund of Marple Township is a private foundation focused on Academics, based in BROOMALL, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $835K in total assets. In 2024, it made $2K in qualifying distributions. Net investment income was $29K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$835K
+12.0% YoY
Revenue
$36K
-57.6% YoY
Qualifying Distributions
$2K
-65.7% YoY
Expenses
$10K
-92.1% YoY
Under IRS private-foundation payout rules, Hero Scholarship Fund of Marple Township reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About Hero Scholarship Fund of Marple Township
Based on IRS filings
Hero Scholarship Fund of Marple Township is a private foundation focused on Academics, based in BROOMALL, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $835K in total assets. In 2024, it made $2K in qualifying distributions. Net investment income was $29K.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $835,274 | $745,721 | $783,841 |
| Revenue | $36,297 | $85,535 | $-27,854 |
| Expenses | $10,110 | $127,852 | $118,699 |
| Qualifying Distributions | $2,405 | $7,018 | $5,996 |
| Net Investment Income | $28,592 | $78,738 | $15,013 |
| Distributable Amount | $39,023 | $35,405 | $42,187 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW MURRAY | PRESIDENT | 5 | — |
| VINCE DELVACCHIO JR | TREASURER | 5 | — |
| KYLE ENGELMAN | VICE PRESIDENT | 5 | — |
| MARIA TUCKER | SECRETARY | 5 | — |
| CHERYL STEBBINS | DIRECTOR | 5 | — |
| JIM BRADLEY | DIRECTOR | 5 | — |
| THOMAS GIANNANTONIO | DIRECTOR | 5 | — |
| ANDY TUCKER | DIRECTOR | 5 | — |
| JOSEPH MCGETIGAN | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hero Scholarship Fund of Marple Township?
Hero Scholarship Fund of Marple Township is a private foundation focused on Academics, based in BROOMALL, PA. It holds $835K in total assets as of 2024.
How large is Hero Scholarship Fund of Marple Township?
As of 2024, Hero Scholarship Fund of Marple Township holds $835K in total assets with $36K in annual revenue.
How much is Hero Scholarship Fund of Marple Township required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hero Scholarship Fund of Marple Township reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hero Scholarship Fund of Marple Township's EIN?
Hero Scholarship Fund of Marple Township's EIN (Employer Identification Number) is 23-2132780. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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