Principio Furnace Foundation Inc
PERRYVILLE, MD EIN: 52-2325524
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$230K
-3.9% YoY
Annual Giving
$37K
+69.3% YoY
Grant Count
9
+12.5% YoY
Avg Grant Size
$4K
+50.5% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $229,631 | $238,954 | $220,632 |
| Revenue | $123,015 | $190,824 | $152,929 |
| Expenses | $133,667 | $172,644 | $153,714 |
| Qualifying Distributions | $133,667 | $172,644 | $153,714 |
| Net Investment Income | — | — | — |
| Distributable Amount | $450 | $396 | $198 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Principio Furnace Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY A STEWART JR | PRESIDENT | 0.25 | — |
| JEREMY LYNCH | TREASURER | 0.25 | — |
| SARAH WARRINGTON COLENDA | SECRETARY | 32 | $38,400 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Maryland $104K (100%)
States
Cities
AberdeenBel AirCharlestonCharlestownElktonHavre De GraceNorth EastPerryvillePort Deposit
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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