Peco Foundation
PECO Foundation is a private foundation established in 1969 and based in New York City, NY. The foundation operates as a 501(c)(3) organization dedicated to advancing healthcare, education, and technology on a global scale through collaborative and innovative approaches.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.8M
+14.7% YoY
Annual Giving
$1.7M
-5.8% YoY
Grant Count
158
-3.7% YoY
Avg Grant Size
$11K
-2.3% YoY
Under IRS private-foundation payout rules, Peco Foundation reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission centers on caring for health, nurturing minds, and connecting the world. Primary funding areas include:
- Healthcare: Innovation in healthcare initiatives and wellness promotion
- Education: Educational endeavors and knowledge dissemination
- Technology: IT solutions and technological innovations that bridge global gaps
- Arts and Culture: Support for community-based arts and culture organizations
- Human Services: Grants supporting human services initiatives
The foundation emphasizes three core pillars: empowerment through education, healthcare, and technology; innovation in sustainable, forward-thinking solutions; and global access to quality services across borders.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation has a global scope, with particular activity noted in New York and Southeastern Pennsylvania. Funding interests emphasize expanding access to quality healthcare, education, and technology across borders.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $7,638,225 (as of 2023)
- Total Annual Giving: $1,809,880 (2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,759,938 | $7,638,225 | $7,617,974 |
| Revenue | $3,083,810 | $2,003,677 | $1,802,845 |
| Expenses | $1,923,383 | $1,980,832 | $1,979,186 |
| Qualifying Distributions | $1,704,107 | $1,809,880 | $1,794,881 |
| Net Investment Income | $2,920,284 | $1,865,787 | $1,660,540 |
| Distributable Amount | $1,932,809 | $1,768,587 | $1,799,559 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include City Harvest Inc ($50,000), Amnesty International ($30,000), Ballet Sun Valley ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 122 EAST 66TH STREET FOUNDATION NEW YORK, NY | GENERAL PURPOSE | $6,000 |
| 4S EDUCATION FOUNDATION NEW YORK, NY | GENERAL PURPOSE | $10,000 |
| ADDISON GALLERY OF AMERICAN ART NEW YORK, NY | GENERAL PURPOSE | $5,000 |
| AMAZON CONSERVATION TEAM NEW YORK, NY | GENERAL PURPOSE | $3,500 |
| AMERICAN ANTIQUARIAN SOCIETY NEW YORK, NY | GENERAL PURPOSE | $2,000 |
| AMERICAN CIVIL LIBERTIES UNION NEW YORK, NY | GENERAL PURPOSE | $4,900 |
| AMERICAN FEDERATION OF ARTS NEW YORK, NY | GENERAL PURPOSE | $10,000 |
| AMERICAN FRIENDS OF NATIONAL PORTRAIT GALLERY NEW YORK, NY | GENERAL PURPOSE | $6,000 |
| AMERICAN FRIENDS OF THE BRITISH MUSEUM NEW YORK, NY | GENERAL PURPOSE | $10,000 |
| AMNESTY INTERNATIONAL NEW YORK, NY | GENERAL PURPOSE | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER CURRAN | PRESIDENT | 5 | — |
| CONSTANCE CURRAN MCPHEE | VICE-PRESIDENT | 5 | — |
Contact Information
- Phone: 212-997-0600
- Email: [email protected]
- Address: One Penn Plaza, 6th Floor, 660 New York City, NY 10119
Frequently Asked Questions
What does Peco Foundation fund?
The foundation's mission centers on caring for health, nurturing minds, and connecting the world. Primary funding areas include: • **Healthcare**: Innovation in healthcare initiatives and wellness promotion • **Education**: Educational endeavors and knowledge dissemination • **Technology**: IT solutions and technological innovations that bridge global gaps • **Arts and Culture**: Support for community-based arts and culture organizations • **Human Services**: Grants supporting human services in…
How do I apply for a grant from Peco Foundation?
**Grant Amounts**: Typical awards range from $100 to $264,500. **Annual Giving**: Total giving in the most recent fiscal year (2023) was $1,809,880. **Recent Activity**: The foundation has announced grants supporting community-based arts and culture organizations in Southeastern Pennsylvania, with recent grant distributions exceeding $150,000 to 19 community-based arts organizations.
Where does Peco Foundation make grants?
The foundation has a global scope, with particular activity noted in New York and Southeastern Pennsylvania. Funding interests emphasize expanding access to quality healthcare, education, and technology across borders.
What size grants does Peco Foundation award?
In 2024, Peco Foundation awarded 158 grants totaling $1.7M — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Peco Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Peco Foundation reported a distributable amount of $1.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Peco Foundation's EIN?
Peco Foundation's EIN (Employer Identification Number) is 23-7031675. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Peco Foundation'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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