Prospect Foundation Inc
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.
Key facts about Prospect Foundation Inc
- EIN
- 47-2627091
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $69,000
- Grants made (2024)
- 5
- Average grant
- $13,800
- Median grant
- $10,000
- Primary geography
- Indiana (64% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Prospect Foundation Inc funds
By grant dollars, the top recipient states for Prospect Foundation Inc's 5 itemized 2024 grants were Indiana (64%), New Jersey (14%) and Georgia (14%). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "Educational" (3 grants).
How Prospect Foundation Inc gives
- Giving grew 30% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Future Initiative ($34,000), Stuart Country Day School in New Jersey ($10,000), Indiana University Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Future Initiative WEST LAFAYETTE, IN | charitable | $34,000 |
| Stuart Country Day School in New Jersey PRINCETON, NJ | Educational | $10,000 |
| Indiana University Foundation Bloomington, IN | charitable | $10,000 |
| Emory University Atlanta, GA | Educational | $10,000 |
| New York Medical College Valhalla, NY | Educational | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Qin Yang | CEO | 2 | — |
| Cheng Du | CFO | 2 | — |
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.
Explore Open Grants
Browse active grant opportunities in Prospect Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.