Prospect Foundation Inc

WEST LAFAYETTE, IN EIN: 47-2627091

Prospect Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WEST LAFAYETTE, IN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 5 grants totaling $69K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$69K

+40.8% YoY

Grant Count

5

-16.7% YoY

Avg Grant Size

$14K

+69.0% YoY

About Prospect Foundation Inc

Based on IRS filings

Prospect Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WEST LAFAYETTE, IN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 5 grants totaling $69K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AtlantaBloomingtonDanvilleIndianapolisLogansportMishawakaPRINCETONPrincetonSan FranciscoValhallaWEST LAFAYETTEWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$17K$35K$52K$69K6 grants20204 grants20215 grants20226 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Future Initiative$34KStuart Country Day Schoo…$10KIndiana University Found…$10KEmory University$10KNew York Medical College$5K

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Future Initiative ($34,000), Stuart Country Day School in New Jersey ($10,000), Indiana University Foundation ($10,000).

RecipientPurposeAmount
Stuart Country Day School in New Jersey PRINCETON, NJEducational$10,000
Indiana University Foundation Bloomington, INcharitable$10,000
New York Medical College Valhalla, NYEducational$5,000
Emory University Atlanta, GAEducational$10,000
Future Initiative WEST LAFAYETTE, INcharitable$34,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
QIN YANGCEO2
CHENG DUCFO2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Prospect Foundation Inc?

Prospect Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WEST LAFAYETTE, IN. It holds — in total assets as of 2024.

Where does Prospect Foundation Inc operate?

Prospect Foundation Inc has awarded grants in California, District of Columbia, Georgia, Indiana, New Jersey, New York.

What size grants does Prospect Foundation Inc award?

In 2024, Prospect Foundation Inc awarded 5 grants totaling $69K — an average of about $14K per grant, based on its IRS Form 990 filings.

What is Prospect Foundation Inc's EIN?

Prospect Foundation Inc's EIN (Employer Identification Number) is 47-2627091. IRS Form 990 filing data is available on this page for 2020–2024.

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

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