Punxsutawney Area College Trust

PUNXSUTAWNEY, PA EIN: 25-6054525

Academics Students Education Higher education Undergraduate education

Punxsutawney Area College Trust is a private foundation focused on Academics, based in PUNXSUTAWNEY, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 2 grants totaling $91K. Net investment income was $22K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

-2.5% YoY

Annual Giving

$91K

+30.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$46K

+30.0% YoY

Under IRS private-foundation payout rules, Punxsutawney Area College Trust reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.

About Punxsutawney Area College Trust

Based on IRS filings

Focus Areas

Academics Students Education Higher education Undergraduate education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $412K (100%)

States

Pennsylvania

Cities

IndinaPunxsutawney

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,173,024	$1,203,028	$1,157,662
Revenue	$39,940	$4,067	$58,733
Expenses	$117,531	$112,195	$105,144
Qualifying Distributions	$91,000	$70,000	$70,000
Net Investment Income	$21,573	$25,123	$19,868
Distributable Amount	$58,210	$57,783	$62,948

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Foundation for Iup ($51,000), Foundation for Iup ($40,000).

Recipient	Purpose	Amount
FOUNDATION FOR IUP INDINA, PA	CONTRIBUTIONS	$51,000
FOUNDATION FOR IUP PUNXSUTAWNEY, PA	SCHOLARSHIPS	$40,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TOM FRANTZ	PRESIDENT	—	—
WILLIAM COOPER	VICE PRESIDE	—	—
COLLEEN CASADAY	SECRETARY	—	—
PHYLLIS BYERLY	TREASURER	1	—

Subject Areas

Focus areas based on grantmaking activity

Academics Students Education Higher education Undergraduate education

Frequently Asked Questions

What is Punxsutawney Area College Trust?

Punxsutawney Area College Trust is a private foundation focused on Academics, based in PUNXSUTAWNEY, PA. It holds $1.2M in total assets as of 2024.

How large is Punxsutawney Area College Trust?

As of 2024, Punxsutawney Area College Trust holds $1.2M in total assets with $40K in annual revenue. It awarded 2 grants totaling $91K in 2024.

Where does Punxsutawney Area College Trust operate?

Punxsutawney Area College Trust has awarded grants in Pennsylvania.

What size grants does Punxsutawney Area College Trust award?

In 2024, Punxsutawney Area College Trust awarded 2 grants totaling $91K — an average of about $46K per grant, based on its IRS Form 990 filings.

How much is Punxsutawney Area College Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Punxsutawney Area College Trust reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Punxsutawney Area College Trust's EIN?

Punxsutawney Area College Trust's EIN (Employer Identification Number) is 25-6054525. IRS Form 990 filing data is available on this page for 2020–2024.