Ppd Corporate Foundation

WILMINGTON, NC EIN: 83-3158521

Ppd Corporate Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, NC. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $1.1M. Net investment income was $8K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$1.1M

+484.4% YoY

Grant Count

1

-96.8% YoY

Avg Grant Size

$1.1M

+18015.9% YoY

Under IRS private-foundation payout rules, Ppd Corporate Foundation reported a distributable amount of $52K for 2022 — the minimum it must pay out in qualifying distributions.

About Ppd Corporate Foundation

Based on IRS filings

Ppd Corporate Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, NC. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $1.1M. Net investment income was $8K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AustinBostonBrookfieldChapel HillCharlotteChicagoCincinnatiDurhamEdgewoodHenricoMadisonMemphisMiddletonMorrisvilleNew YorkNewtonNorristownRaleighRichmondRye Brook

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$305K$609K$914K$1M202020212022
Metric202220212020
Total Assets$1,105,078$1,067,873
Revenue$8,202$230,532$1,061,813
Expenses$1,107,280$198,795$117,667
Qualifying Distributions$1,103,287$188,795
Net Investment Income$8,202
Distributable Amount$51,816$56,960$32,304

Giving Over Time

Total grant dollars and number of grants per year

$0$276K$552K$827K$1M26 grants202031 grants20211 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2022

FIDELITY INVESTMENTS CHA…$1.1M

Grant Size Distribution

58 grants across all recorded years

57<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Fidelity Investments Charitable Gift Fund ($1,103,287).

RecipientPurposeAmount
FIDELITY INVESTMENTS CHARITABLE GIFT FUND BOSTON, MAOPERATIONS$1,103,287

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
ANGIE BREWERTREASURER, DIRECTOR1
HANK GEROCKSECRETARY, DIRECTOR1
MERON MATHIASCHAIR, DIRECTOR1
MADELINE STANTONASSISTANT TREASURER1
PETER ZACCHERIAOFFICER1
MEAGHAN STANICKOFFICER1
STEPHANIE COLTONASSISTANT SECRETARY1
CHRISTINA ZACCAROASSISTANT SECRETARY1
MAURA A SPELLMANASSISTANT TREASURER1
MICHAEL K MICHAUDASSISTANT SECRETARY1
JAMES E BRUNIASSISTANT SECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ppd Corporate Foundation?

Ppd Corporate Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, NC. It holds — in total assets as of 2022.

Where does Ppd Corporate Foundation operate?

Ppd Corporate Foundation has awarded grants in Illinois, Kentucky, Massachusetts, North Carolina, New York, Ohio, Pennsylvania, Tennessee, Texas, Virginia, Wisconsin.

What size grants does Ppd Corporate Foundation award?

In 2022, Ppd Corporate Foundation awarded 1 grants totaling $1.1M — an average of about $1.1M per grant, based on its IRS Form 990 filings.

How much is Ppd Corporate Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Ppd Corporate Foundation reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ppd Corporate Foundation's EIN?

Ppd Corporate Foundation's EIN (Employer Identification Number) is 83-3158521. IRS Form 990 filing data is available on this page for 2020–2022.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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