Peco Foundation
Peco Foundation is a private foundation whose IRS filing lists its location as New York, NY. Its website describes it as a global foundation focused on healthcare, education, and technology, and lists its headquarters in Washington, DC.
Peco Foundation at a glance
In short: Peco Foundation gave $1.7M across 158 grants in 2024 (avg $11K), mostly in New York. 16% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,704,107
- -5.8% vs 2023
- Grants made (2024)
- 158
- -3.7% vs 2023
- Average grant
- $10,785
- -2.3% vs 2023
- Median grant
- $5,000
- Total assets
- $8,759,938
- +14.7% vs 2023
- New grantees (estimate)
- 16% first-time grantees (26 of 158, 2024)
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Peco Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Co One Penn Plaza 6Th Floor 660, New York, NY 10119
Phone: (212) 997-0600
Website: https://pecofoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Peco Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was US Ski & Snowboard Association ($148K). Together the top 10 received $592K.
Grant Size Distribution
822 grants across all recorded years
The most common grant size was under $50K: 791 grants of 822 (96%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that 100% of grant dollars went to recipients whose listed state was New York. The recipient list includes organizations with varied activities, including arts and culture, human services, education, and conservation.
Grant Distribution by State
Share of 2024 grant dollars across all 158 itemized grants.
States
Cities
Is Peco Foundation open to new grantees?
16%
first-time grantees, 2024
In 2024, 26 of 158 grantees (16%) were first-time recipients. First grants averaged $6K; repeat grants $12K. How we count
Medians: $5K first-time, $8K repeat.
- 78% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+10%). Method
- In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.6M (2021) to $1.8M (2023). In 2024 it made 158 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| US Ski & Snowboard Association New York, NY | General Purpose | $148,000 |
| Wood River Community YMCA New York, NY | General Purpose | $96,272 |
| Middlebury College New York, NY | General Purpose | $60,000 |
| Sun Valley Culinary Institute New York, NY | General Purpose | $55,000 |
| City Harvest Inc New York, NY | General Purpose | $50,000 |
| Suir New York, NY | General Purpose | $50,000 |
| The Metropolitan Museum of Art New York, NY | General Purpose | $40,000 |
| Sun Valley Ski Education Foundation New York, NY | General Purpose | $37,500 |
| Amnesty International New York, NY | General Purpose | $30,000 |
| Ballet Sun Valley New York, NY | General Purpose | $25,000 |
Ready to take the next step with Peco Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $8,759,938 | $3,083,810 | $1,923,383 | $1,704,107 | 158 | $1,704,107 | $2,920,284 | $1,932,809 |
| 2023 | $7,638,225 | $2,003,677 | $1,980,832 | $1,809,880 | 164 | $1,809,880 | $1,865,787 | $1,768,587 |
| 2022 | $7,617,974 | $1,802,845 | $1,979,186 | $1,794,881 | 169 | $1,794,881 | $1,660,540 | $1,799,559 |
| 2021 | $7,554,718 | $2,133,560 | $1,745,639 | $1,550,483 | 166 | $1,553,644 | $1,984,562 | $1,779,731 |
| 2020 | $7,065,127 | $1,509,652 | $1,810,264 | $1,642,372 | 165 | — | $1,376,167 | $1,597,934 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s website says its mission is to advance healthcare, education, and technology for a brighter, more equitable world. It describes focus areas that include expanding healthcare access, supporting education, bridging digital divides, and strengthening communities.
Its 2024 grants included support for organizations with varied missions. For example, Young Concert Artists says its mission is to launch young classical musicians’ careers and expand classical music’s reach; the Coalition for the Homeless describes its work as advocacy and direct services for people experiencing homelessness; and the New-York Historical Society says it collects, preserves, and interprets materials related to U.S. and New York history. Storm King Art Center describes its work as exhibiting and conserving modern and contemporary art, particularly large-scale sculpture in a landscape setting.
Grantmaking
In 2024, the foundation reported 158 grants totaling $1,704,107. Grant amounts ranged from $375 to $148,000, with a median of $5,000. The largest grants included $148,000 to US Ski & Snowboard Association, $96,272 to Wood River Community YMCA, $60,000 to Middlebury College, $55,000 to Sun Valley Culinary Institute, and $50,000 each to City Harvest Inc. and SUIR. The filing listed the purposes of these grants as “general purpose.”
Other 2024 recipients included the Metropolitan Museum of Art ($40,000), Amnesty International ($30,000), Ballet Sun Valley ($25,000), and International Mountain Bicycling Association ($25,000). Among additional grants, Young Concert Artists received $20,000, the Coalition for the Homeless received $15,000, and the New York Historical Society and Storm King Art Center each received $12,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Peter Curran as president and Constance Curran McPhee as vice-president.
Peco Foundation is led by Peter Curran, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Peter Curran
President
On filings since 2020
5 hrs/week
No compensation reported
Constance Curran McPhee
Vice President
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Peco Foundation
How much does Peco Foundation give each year?
Peco Foundation gave $1.7M across 158 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.8M across 164 grants.
What is Peco Foundation's typical grant size?
Peco Foundation's median grant in 2024 was $5,000, and its average grant was $10,785, across 158 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Peco Foundation that year got $6K on average.
Where does Peco Foundation give grants?
Peco Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (158 grants).
Does Peco Foundation give general operating support?
Yes: 100% of Peco Foundation's 2024 grants with a stated purpose (158 of 158) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Peco Foundation's largest grantees?
Peco Foundation's largest 2024 grantees include US Ski & Snowboard Association ($148,000), Wood River Community YMCA ($96,272) and Middlebury College ($60,000), according to its 2024 IRS Form 990-PF. Together they received 18% of its itemized 2024 grant dollars.
How large is Peco Foundation?
Peco Foundation reported $8.8M in total assets on its 2024 IRS Form 990-PF. It paid out $1.7M in qualifying distributions that year, against a required minimum of $1.9M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Peco Foundation fund?
The foundation’s website says its mission is to advance healthcare, education, and technology for a brighter, more equitable world. It describes focus areas that include expanding healthcare access, supporting education, bridging digital divides, and strengthening communities. See mission & focus areas ↑
How do I apply for a grant from Peco Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Peco Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Peco Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/peco-foundation-morg_69bb2b2182d34cbd9df3f3a69bd431f4
BibTeX
@misc{grantable_237031675_2026,
author = {{Grantable}},
title = {{Peco Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/peco-foundation-morg_69bb2b2182d34cbd9df3f3a69bd431f4},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Peco Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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