Joseph C and Phyllis T Charitable Foundation Inc

Foundation · Grantmaker BELMONT, NY EIN: 84-4099693

Joseph C and Phyllis T Charitable Foundation Inc is a private foundation focused on Education, based in BELMONT, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $407K in total assets. In 2024, it awarded 15 grants totaling $30K. Net investment income was $42K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$407K

+24.5% YoY

Annual Giving

$30K

+7.1% YoY

Grant Count

15

+7.1% YoY

Avg Grant Size

$2K

+0.0% YoY

About Joseph C and Phyllis T Charitable Foundation Inc

Based on IRS filings

Joseph C and Phyllis T Charitable Foundation Inc is a private foundation focused on Education, based in BELMONT, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $407K in total assets. In 2024, it awarded 15 grants totaling $30K. Net investment income was $42K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AlmondAngelicaBelmontGenesee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$33K$67K$100K$133K20202021202220232024
Metric202420232022
Total Assets$407,400$327,127$274,632
Revenue$121,083$78,153$101,654
Expenses$31,233$28,350$20,192
Qualifying Distributions$30,950$28,750$20,000
Net Investment Income$41,583$11,393$3,938
Distributable Amount$9,639

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$15K$23K$30K2 grants20208 grants202110 grants202214 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Jade Rounds$2KAvery Grusendorf$2KLeahlah Greene$2KRaygon Haggstrom$2KAdison Grusendorf$2KKiri Bogle$2KSavannah Warner$2KMoriah Clendum$2KKylee Lorow$2KJacob Rizzo$2K

Grant Size Distribution

49 grants across all recorded years

49<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jade Rounds ($2,000), Avery Grusendorf ($2,000), Leahlah Greene ($2,000).

RecipientPurposeAmount
Jade Rounds Angelica, NYOngoing Scholarship$2,000
Avery Grusendorf Angelica, NYOngoing Scholarship$2,000
Leahlah Greene Angelica, NMOn-going scholarship$2,000
Raygon Haggstrom Angelica, NYOngoing Scholarship$2,000
Adison Grusendorf Belmont, NYOngoing Scholarship$2,000
Kiri Bogle Belmont, NYOngoing Scholarship$2,000
Savannah Warner Belmont, NYOngoing Scholarship$2,000
Moriah Clendum Belmont, NYOngoing Scholarship$2,000
Kylee Lorow Almond, NYOngoing Scholarship$2,000
Jacob Rizzo Belmont, NYOngoing Scholarship$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Sherry HerdmanPresident3
Glenn HerdmanTreasurer2
Josie PrestonDirector1
Madison HerdmanDirector1
Karen HerdmanSecretary1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Joseph C and Phyllis T Charitable Foundation Inc?

Joseph C and Phyllis T Charitable Foundation Inc is a private foundation focused on Education, based in BELMONT, NY. It holds $407K in total assets as of 2024.

How large is Joseph C and Phyllis T Charitable Foundation Inc?

As of 2024, Joseph C and Phyllis T Charitable Foundation Inc holds $407K in total assets with $121K in annual revenue. It awarded 15 grants totaling $30K in 2024.

Where does Joseph C and Phyllis T Charitable Foundation Inc operate?

Joseph C and Phyllis T Charitable Foundation Inc has awarded grants in New Mexico, New York, Pennsylvania.

What size grants does Joseph C and Phyllis T Charitable Foundation Inc award?

In 2024, Joseph C and Phyllis T Charitable Foundation Inc awarded 15 grants totaling $30K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is Joseph C and Phyllis T Charitable Foundation Inc's EIN?

Joseph C and Phyllis T Charitable Foundation Inc's EIN (Employer Identification Number) is 84-4099693. 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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