PTS Foundation
PTS Foundation is a private grantmaking foundation established in 1998 and based in Plymouth Meeting, Pennsylvania. The foundation was created as a follow-up to the Lois U. Horvitz Foundation. It operates as a 501(c)(3) organization with no employees, relying on volunteer leadership to direct its philanthropic activities.
Key facts about PTS Foundation
- EIN
- 23-2930670
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,317,500
- Grants made (2024)
- 15
- Average grant
- $87,833
- Median grant
- $40,000
- New grantees (estimate)
- 7% first-time grantees (1 of 15, 2024)
- Total assets
- $22,534,292
- Primary geography
- Pennsylvania (90% of itemized 2024 grant dollars)
- How to apply
- No specific application procedures or deadlines are documented in available sources. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who PTS Foundation funds
By grant dollars, the top recipient states for PTS Foundation's 15 itemized 2024 grants were Pennsylvania (90%). The most frequent recipient cities were Philadelphia, PA (7 grants). None of its 15 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Support the Organization and Its Programs" (15 grants).
Is PTS Foundation open to new grantees?
7%
first-time grantees, 2024
In 2024, 1 of 15 grantees (7%) were first-time recipients. First grants averaged $50K; repeat grants $91K. How we count
Medians: $50K first-time, $40K repeat.
- 93% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−11%). Method
- In 2024 it paid out 71% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with PTS Foundation
- How to evaluate PTS Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to PTS Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.5M
+21.4% YoY
Annual Giving
$1.3M
-14.1% YoY
Grant Count
15
+0.0% YoY
Avg Grant Size
$88K
-14.1% YoY
Under IRS private-foundation payout rules, PTS Foundation reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not maintain a published mission statement. However, its grantmaking priorities focus on:
- Education
- Higher education
- Health (including in-patient medical care, hospital care, and specialty hospital care)
- Children and youth
- Human services
- Community and economic development
- Arts and culture
- Civil rights
Grantmaking
Grant Range
$5,000–$300,000
Average Grant
$382 (based on historical data)
Review Cycle
are documented in available sources.
How to Apply
**
Ready to take the next step with PTS Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports projects across multiple states and cities, with particular emphasis on Pennsylvania and the Philadelphia area. Geographic reach includes:
- Pennsylvania (primary focus)
- Ohio
- Texas
- Additional funding in: DC, Florida, Maryland, Minnesota, New York
Specific cities funded include: Austin, Baltimore, Boynton Beach, Bryn Mawr, Center City, Cleveland, New York, Philadelphia, Plymouth Meeting, Shaker Heights, and Washington.
Grant Distribution by State
Share of all 15 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $18,557,527
- Total revenues: $8,587,052
- Total expenses: $1,600,011
- Total liabilities: $0
- Grants, contributions, and other revenue: $4,423,033
- Investment income and dividends: $466,378
- Net gain from sale of non-inventory assets: $3,697,641
Contact Information:
- Address: 450 Plymouth Rd Ste 305, Plymouth Meeting, PA 19462
- Telephone: 610-825-4300
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,534,292 | $18,557,527 | $14,704,524 |
| Revenue | $5,789,550 | $8,587,052 | $2,993,802 |
| Expenses | $1,468,365 | $1,600,011 | $1,535,848 |
| Qualifying Distributions | $1,333,366 | $1,560,471 | $1,523,456 |
| Net Investment Income | $1,357,980 | $4,164,473 | $1,615,855 |
| Distributable Amount | $1,889,383 | $1,273,477 | $1,179,115 |
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 10 recipients in 2024
Grant Size Distribution
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Netter - Center for Community Partnerships ($300,000), Wistar Institute ($275,000), Philadelphia City Rowing Inc ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NETTER - CENTER FOR COMMUNITY PARTNERSHIPS Philadelphia, PA | TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS | $300,000 |
| WISTAR INSTITUTE Philadelphia, PA | TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS | $275,000 |
| PHILADELPHIA CITY ROWING INC Plymouth Meeting, PA | TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS | $250,000 |
| WRITTERS MATTER Philadelphia, PA | TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS | $137,500 |
| PHILADELPHIA MURAL ART ADVOCATES Philadelphia, PA | TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS | $77,500 |
| CEASEFIREPA EDUCATION FUND Philadelphia, PA | TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS | $50,000 |
| TEACH FOR AMERICA Philadelphia, PA | TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS | $50,000 |
| CITIZENS FOR RESPONSIBILITY AND ETHICS IN WASHINGTON Washington, DC | TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS | $40,000 |
| CLEVELAND CLINIC FOUNDATION PALLIATIVE MEDICINE GRANT Cleveland, OH | TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS | $40,000 |
| CHILDREN'S LITERACY INITIATIVE Philadelphia, PA | TO SUPPORT THE ORGANIZATION AND ITS PROGRAMS | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Pam H. Schneider – Director & Chairperson (volunteer, no compensation)
- Milton S. Schneider – Director, President, Secretary & Treasurer (volunteer, no compensation)
- Karen A. Bozzelli – Assistant Secretary (volunteer, no compensation)
The foundation is supported by Pam H. Schneider.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Pam H Schneider | Director & Chairperson | 1 | — |
| Milton S Schneider | DIRECTOR,PRES,SEC & Treas | 1 | — |
| Andrew S Schneider | Assistant Secretary | 1 | — |
| Alvin B Hemmingsen | Assistant Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does PTS Foundation fund?
The foundation does not maintain a published mission statement. However, its grantmaking priorities focus on: • Education • Higher education • Health (including in-patient medical care, hospital care, and specialty hospital care) • Children and youth • Human services • Community and economic development • Arts and culture • Civil rights
How do I apply for a grant from PTS Foundation?
No specific application procedures or deadlines are documented in available sources. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does PTS Foundation make grants?
The foundation supports projects across multiple states and cities, with particular emphasis on Pennsylvania and the Philadelphia area. Geographic reach includes: • Pennsylvania (primary focus) • Ohio • Texas • Additional funding in: DC, Florida, Maryland, Minnesota, New York Specific cities funded include: Austin, Baltimore, Boynton Beach, Bryn Mawr, Center City, Cleveland, New York, Philadelphia, Plymouth Meeting, Shaker Heights, and Washington.
What size grants does PTS Foundation award?
In 2024, PTS Foundation awarded 15 grants totaling $1.3M — an average of about $88K per grant, based on its IRS Form 990 filings.
How much is PTS Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, PTS Foundation reported a distributable amount of $1.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is PTS Foundation's EIN?
PTS Foundation's EIN (Employer Identification Number) is 23-2930670. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in PTS Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The William Penn Foundation
Philadelphia, PA
Assets
$3.4B
Grants
1,027
Total Given
$148.8M
The Philadelphia Foundation
Philadelphia, PA
Assets
$704.6M
Grants
715
Total Given
$39.1M
WK Kellogg Foundation
Battle Creek, MI
Assets
$454.4M
Grants
1,778
Total Given
$286.5M
Community Foundation
Memphis, TN
Assets
$953.1M
Grants
761
Total Given
$134.3M
The Chicago Community Trust
Chicago, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
The Cigna Group Foundation
Philadelphia, PA
Assets
$127.2M
Grants
4,075
Total Given
$14.1M
Chubb Charitable Foundation
Philadelphia, PA
Assets
$74.9M
Grants
3,719
Total Given
$6.3M
Lincoln Financial Foundation Inc
Radnor, PA
Assets
$6.2M
Grants
2,479
Total Given
$8.3M
The Pittsburgh Foundation
Pittsburgh, PA
Assets
$1.5B
Grants
1,132
Total Given
$64.0M
Dick's Sporting Goods Foundation
Coraopolis, PA
Assets
$34.5M
Grants
964
Total Given
$18.0M
Hillman Family Foundations
Pittsburgh, PA
Assets
$1.9B
Grants
814
Total Given
$88.8M
Pidc Financing Corporation
Philadelphia, PA
Assets
$6.7M
Grants
774
Total Given
$16.4M
More Funders in Pennsylvania
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.