Penn Community Bank Foundation
Penn Community Bank Foundation is the charitable arm of Penn Community Bank, based in Perkasie, Pennsylvania. It supports nonprofit community organizations through annual donations and grants, with the bank stating that it commits 5% of its net income back to the community.
Penn Community Bank Foundation at a glance
In short: Penn Community Bank Foundation gave $883K across 126 grants in 2024 (avg $7K), mostly in Pennsylvania. 35% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $882,890
- -6.6% vs 2023
- Grants made (2024)
- 126
- +15.6% vs 2023
- Average grant
- $7,007
- -19.2% vs 2023
- Median grant
- $5,000
- Total assets
- $8,084,934
- +15.2% vs 2023
- New grantees (estimate)
- 35% first-time grantees (44 of 126, 2024)
- Primary geography
- Pennsylvania (96% 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 Penn Community Bank Foundation
- How to Apply
-
The filing states that organizations may request consideration by letter detailing their activities. Awards are restricted to 501(c)(3) organizations in various counties throughout Pennsylvania.
- Contact
Application contact: William P Larkin Co Penn Comm Bk
Mailing address: 219 S Ninth St PO Box 176, Perkasie, PA 18944-0176
Phone: (215) 257-5035
Website: https://penncommunitybank.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Penn Community Bank Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was United Way Bucks County ($75K). Together the top 10 received $291K.
Grant Size Distribution
475 grants across all recorded years
The most common grant size was under $50K: 462 grants of 475 (97%).
Geographic Focus
Where this funder awards grants
The foundation’s mission describes its work as supporting communities across southeastern Pennsylvania. Its 2024 filing reports that 96% of grant dollars went to recipients in Pennsylvania; the remaining reported shares were North Carolina (1%), Maryland (1%), PW (1%), and Texas (0%).
Grant Distribution by State
Share of 2024 grant dollars across all 126 itemized grants.
Cities
Is Penn Community Bank Foundation open to new grantees?
35%
first-time grantees, 2024
In 2024, 44 of 126 grantees (35%) were first-time recipients. First grants averaged $5K; repeat grants $8K. How we count
Medians: $5K first-time, $5K repeat.
- 48% of 2024 grantees were also funded in 2023. Method
- Giving grew 41% from 2021 to 2024. Method
- In 2024 it paid out 232% of its IRS minimum distribution (the 5% rule). 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 $486K (2020) to $1.1M (2022). In 2024 it made 126 grants totaling $883K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| United Way Bucks County Fairless Hills, PA | Day of Service | $75,000 |
| Bucks County Opportunity Council Doylestown, PA | Day of Service | $43,000 |
| Family Services Association Langhorne, PA | Event Sponsorship | $30,000 |
| Willow Grove CDC Willow Grove, PA | Annual Operating Fund | $25,000 |
| Consumer Credit Counseling Service of Delaware Val Philadelphia, PA | Contribution | $25,000 |
| Bucks County Community College Newtown, PA | Annual Operating Fund | $23,600 |
| Habitat for Humanity of Bucks County Levittown, PA | Event Sponsorship | $20,000 |
| Bristol Riverside Theatre Bristol, PA | Annual Operating Funds | $17,000 |
| Network of Victim Assistance (NOVA) Jamison, PA | Contribution | $16,500 |
| Delaware Valley University Doylestown, PA | Grant | $16,000 |
Ready to take the next step with Penn Community Bank 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 | $8,084,934 | $1,969,594 | $904,413 | $882,890 | 126 | $882,890 | $1,054,144 | $380,083 |
| 2023 | $7,019,753 | $1,764,330 | $967,237 | $945,118 | 109 | $945,118 | $211,082 | $341,034 |
| 2022 | $6,222,660 | $1,848,001 | $1,086,085 | $1,055,847 | 108 | $1,055,847 | $203,801 | $307,824 |
| 2021 | $5,460,744 | $1,382,290 | $649,030 | $627,125 | 76 | $627,125 | $504,540 | $293,863 |
| 2020 | $4,727,484 | $676,308 | $501,623 | $486,255 | 56 | — | $228,894 | $238,871 |
Under IRS private-foundation payout rules, Penn Community Bank Foundation reported a distributable amount of $380K 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 mission is to make an “unparalleled contribution” to the communities it serves through sustaining annual donations and impactful grants to nonprofit organizations. Its giving strategy includes community enrichment, local business growth, economic self-sufficiency and opportunity, and disaster recovery and emergency services.
Its grantees include organizations working in a range of fields. For example, Bucks County Opportunity Council says its mission is to reduce poverty and promote economic self-sufficiency; Ann Silverman Community Health Clinic says it provides free medical, dental, behavioral health, and social services to low-income, uninsured Bucks County residents. Other 2024 grantees included Bucks County Community College, which says its foundation funds support instructional resources, facilities, scholarships, cultural activities, and special projects; Heritage Conservancy, which describes its work as preserving open spaces, natural resources, and historic heritage; and Rolling Harvest Food Rescue, which aims to increase access to donated fresh produce and other healthy foods at hunger-relief sites.
Grantmaking
In 2024, the foundation reported 126 grants totaling $882,890. Awards ranged from $250 to $75,000, with a median grant of $5,000. Among the largest grants were $75,000 to United Way Bucks County for Day of Service, $43,000 to Bucks County Opportunity Council for Day of Service, $30,000 to Family Services Association for event sponsorship, $25,000 to Willow Grove CDC for its annual operating fund, and $25,000 to Consumer Credit Counseling Service of Delaware Valley as a contribution.
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation’s 2024 filing lists William P. Larkin Jr. as chairman of the board, Stephanie Schwartzberg as general counsel and secretary, Charles Field as EVP and CFO, Jeane M. Vidoni as president and CEO, and Bernard Tynes as executive director.
Penn Community Bank Foundation is led by JEANE M Vidoni, President & CEO on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
JEANE M Vidoni
President & CEO
On filings since 2020
No compensation reported
Bernard Tynes
Executive Director
On filings since 2022
No compensation reported
William P. Larkin Jr.
Chairman of the Board
On filings since 2020
No compensation reported
Charles Field
Executive Vice President & CFO
On filings since 2020
No compensation reported
Stephanie Schwartzberg
General Counsel & Secretary
On filings since 2020
No compensation reported
Former officers (5)
- Former: Bruce Iacobucci (2020–2023) — Vice Chairman of the Board
- Former: Joshua Biller (2023) — Treasurer
- Former: Dorothy Jaworski (2020–2022) — Treasurer
- Former: Ross Choate (2022) — Vice Chair Board of Trustees
- Former: Todd Hurley (2020–2021) — Executive Director
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 Penn Community Bank Foundation
How much does Penn Community Bank Foundation give each year?
Penn Community Bank Foundation gave $883K across 126 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $945K across 109 grants.
What is Penn Community Bank Foundation's typical grant size?
Penn Community Bank Foundation's median grant in 2024 was $5,000, and its average grant was $7,007, across 126 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Penn Community Bank Foundation that year got $5K on average.
Where does Penn Community Bank Foundation give grants?
Penn Community Bank Foundation gives mostly in Pennsylvania: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Doylestown, PA (30 grants), Philadelphia, PA (11 grants), Allentown, PA (8 grants) and Bristol, PA (6 grants).
Does Penn Community Bank Foundation give general operating support?
Yes: 14% of Penn Community Bank Foundation's 2024 grants with a stated purpose (18 of 126) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Grant" (70 grants), "Event Sponsorship" (21 grants) and "Contribution" (12 grants).
Who are Penn Community Bank Foundation's largest grantees?
Penn Community Bank Foundation's largest 2024 grantees include United Way Bucks County ($75,000), Bucks County Opportunity Council ($43,000) and Family Services Association ($30,000), according to its 2024 IRS Form 990-PF. Together they received 17% of its itemized 2024 grant dollars.
How large is Penn Community Bank Foundation?
Penn Community Bank Foundation reported $8.1M in total assets on its 2024 IRS Form 990-PF. It paid out $883K in qualifying distributions that year, against a required minimum of $380K (roughly 5% of its investment assets).
What does Penn Community Bank Foundation fund?
The foundation’s mission is to make an “unparalleled contribution” to the communities it serves through sustaining annual donations and impactful grants to nonprofit organizations. See mission & focus areas ↑
How do I apply for a grant from Penn Community Bank Foundation?
The filing states that organizations may request consideration by letter detailing their activities. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Penn Community Bank Foundation's EIN?
Penn Community Bank Foundation's EIN (Employer Identification Number) is 23-2984663. IRS Form 990 filing data is available on this page for 2020–2024.
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
Live grants for the work Penn Community Bank Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Penn Community Bank Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Penn Community Bank Foundation funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/penn-community-bank-foundation-morg_ce89e65bf904421ab405dfe7c84444d9
BibTeX
@misc{grantable_232984663_2026,
author = {{Grantable}},
title = {{Penn Community Bank Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/penn-community-bank-foundation-morg_ce89e65bf904421ab405dfe7c84444d9},
note = {Accessed 2026-10-19. 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 Penn Community Bank 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.
Penn Community Bank Foundation down — hundreds of funders to go?