Kathleen and Gerald Sheetz Foundation
Kathleen and Gerald Sheetz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALTOONA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 1 grants totaling $15K. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+219.2% YoY
Annual Giving
$15K
Grant Count
1
Avg Grant Size
$15K
Under IRS private-foundation payout rules, Kathleen and Gerald Sheetz Foundation reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.
About Kathleen and Gerald Sheetz Foundation
Based on IRS filings
Kathleen and Gerald Sheetz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALTOONA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 1 grants totaling $15K. Net investment income was $24K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,503,581 | $471,117 | $43,482 |
| Revenue | $1,087,663 | $469,670 | $200,785 |
| Expenses | $442,211 | $40,191 | $169,861 |
| Qualifying Distributions | $53,796 | $40,191 | $169,861 |
| Net Investment Income | $23,976 | — | — |
| Distributable Amount | $31,808 | $1,681 | $1,607 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Booker T Washington Revitalization Corporation ($14,541).
| Recipient | Purpose | Amount |
|---|---|---|
| BOOKER T WASHINGTON REVITALIZATION CORPORATION ALTOONA, PA | REVITALIZATION OF LOCAL PARK IN THE CITY OF ALTOONA | $14,541 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROLINE LITTLETON | CHAIR | 1 | — |
| ERIN ABEL | TREASURER | 1 | — |
| JAMIE LYNCH | SECRETARY | 1 | — |
| MEGAN SHEETZ | DIRECTOR | 1 | — |
| STAN SHEETZ | DIRECTOR | 1 | — |
| JOE SHEETZ | DIRECTOR | 1 | — |
| LOUIE SHEETZ | MEMBER | 1 | — |
| STEVE SHEETZ | MEMBER | 1 | — |
| ADAM SHEETZ | MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kathleen and Gerald Sheetz Foundation?
Kathleen and Gerald Sheetz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALTOONA, PA. It holds $1.5M in total assets as of 2024.
How large is Kathleen and Gerald Sheetz Foundation?
As of 2024, Kathleen and Gerald Sheetz Foundation holds $1.5M in total assets with $1.1M in annual revenue. It awarded 1 grants totaling $15K in 2024.
Where does Kathleen and Gerald Sheetz Foundation operate?
Kathleen and Gerald Sheetz Foundation has awarded grants in Pennsylvania.
What size grants does Kathleen and Gerald Sheetz Foundation award?
In 2024, Kathleen and Gerald Sheetz Foundation awarded 1 grants totaling $15K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Kathleen and Gerald Sheetz Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Kathleen and Gerald Sheetz Foundation reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kathleen and Gerald Sheetz Foundation's EIN?
Kathleen and Gerald Sheetz Foundation's EIN (Employer Identification Number) is 82-1160278. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Kathleen and Gerald Sheetz Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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