Satell Family Foundation logo

Satell Family Foundation

Foundation · Grantmaker King of Prussia, PA EIN: 23-7769039 Website

The Satell Family Foundation is a private foundation based in King of Prussia, Pennsylvania. In its 2024 filing, it reported 35 grants totaling $2,570,062, supporting organizations including arts and cultural institutions, a university, Jewish organizations, and civic and educational organizations.

Key facts about Satell Family Foundation

In short: Satell Family Foundation gave $2.6M across 35 grants in 2024 (avg $73K), mostly in Pennsylvania. 46% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
23-7769039
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,570,062
Grants made (2024)
35
Average grant
$73,430
Median grant
$8,000
New grantees (estimate)
46% first-time grantees (16 of 35, 2024)
Total assets
$8,803,993
Primary geography
Pennsylvania (85% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No

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.

Quick answers about Satell Family Foundation

How much does Satell Family Foundation give each year?

Satell Family Foundation gave $2.6M across 35 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.4M across 33 grants.

What is Satell Family Foundation's typical grant size?

Satell Family Foundation's median grant in 2024 was $8,000, and its average grant was $73,430, across 35 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Satell Family Foundation that year got $5K on average.

Where does Satell Family Foundation give grants?

Satell Family Foundation gives mostly in Pennsylvania: 85% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Philadelphia, PA (11 grants), West Palm Beach, FL (3 grants), Jupiter, FL (2 grants) and New York, NY (2 grants).

Does Satell Family Foundation give general operating support?

Yes: 100% of Satell Family Foundation's 2024 grants with a stated purpose (35 of 35) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Satell Family Foundation's largest grantees?

Satell Family Foundation's largest 2024 grantees include Mann Center for the Performing Arts ($1,625,000), Drexel University ($371,811) and Temple B'nai Israel ($104,873), according to its 2024 IRS Form 990-PF. Together they received 82% of its itemized 2024 grant dollars.

How large is Satell Family Foundation?

Satell Family Foundation reported $8.8M in total assets on its 2024 IRS Form 990-PF. It paid out $2.8M in qualifying distributions that year, against a required minimum of $632K (roughly 5% of its investment assets).

Is Satell Family Foundation open to new grantees?

46%

first-time grantees, 2024

In 2024, 16 of 35 grantees (46%) were first-time recipients. First grants averaged $5K; repeat grants $131K. How we count

Medians: $2K first-time, $21K repeat.

  • 49% of 2024 grantees were also funded in 2023. Method
  • Giving grew 184% from 2021 to 2024. Method
  • In 2024 it paid out 443% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (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 Satell Family Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.8M

+13.4% YoY

Annual Giving

$2.6M

+85.9% YoY

Grant Count

35

+6.1% YoY

Avg Grant Size

$73K

+75.3% YoY

Under IRS private-foundation payout rules, Satell Family Foundation reported a distributable amount of $632K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied missions. For example, Drexel University describes its mission as preparing students for professional and civic lives and applying its expertise to society’s problems. The National Liberty Museum says it aims to illuminate the strength and fragility of liberty, while the Museum of the American Revolution shares stories about the people and events behind America’s ongoing experiment in liberty, equality, and self-government. The World Affairs Council describes its mission as advancing global understanding and relationships through conversation.

Grantmaking

In 2024, the foundation reported 35 grants totaling $2,570,062. Grant amounts ranged from $150 to $1,625,000, with a median grant of $8,000. The largest awards included $1,625,000 to the Mann Center for the Performing Arts and $371,811 to Drexel University, both for general use with no restrictions. Other notable grants included $104,873 to Temple B’nai Israel, $80,000 to the Jewish Federation of Greater Palm Beach County, and $60,000 to the Jewish Federation of Greater Philadelphia; each was listed for general use with no restrictions.

Your AI grants department

Ready to take the next step with Satell Family Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

In 2024, Pennsylvania recipients received 85% of grant dollars. Florida received 5%, Maryland 4%, Oregon 2%, and New York 1%.

Grant Distribution by State

11states

Share of all 35 itemized 2024 grant dollars.

Cities

PhiladelphiaNew YorkJupiterWayneWest Palm BeachStorrsEastonPalm BeachSunriseWest CaldwellPalm Beach GardensWashingtonBethesdaFlushingNewtonBeavertonCedarhurstCherry HillMiquonNeedham

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $8,803,993 $5,098,360 $2,827,842 $2,570,062
2023 $7,764,575 $2,485,478 $1,510,743 $1,382,386
2022 $8,106,003 $160,713 $558,492 $516,124
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M20202021202220232024
Metric202420232022
Total Assets$8,803,993$7,764,575$8,106,003
Revenue$5,098,360$2,485,478$160,713
Expenses$2,827,842$1,510,743$558,492
Qualifying Distributions$2,799,189$1,492,232$532,714
Net Investment Income$2,795,535$285,548$141,410
Distributable Amount$632,233$516,242$519,782

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M35 grants202032 grants202135 grants202233 grants202335 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Mann Center for the Performing Arts: $1.6MMann Center for the PerformingArts$1.6MDrexel University: $372KDrexel University$372KTemple B'nai Israel: $105KTemple B'nai Israel$105KJewish Federation of Greater Palm Beach County: $80KJewish Federation of GreaterPalm Beach County$80KJewish Federation of Greater Philadelphia: $60KJewish Federation of GreaterPhiladelphia$60KJewish News Syndicate: $50KJewish News Syndicate$50KWorld Affairs Council: $50KWorld Affairs Council$50KAmerican Friends of the Hebrew University: $25KAmerican Friends of the HebrewUniversity$25KThe Foundation for Defense of Democracies: $25KThe Foundation for Defense ofDemocracies$25KTivka Children's Home: $23KTivka Children's Home$23K

Grant Size Distribution

170 grants across all recorded years

143<$50K14$50–100K9$100–250K3$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MANN CENTER FOR THE PERFORMING ARTS Philadelphia, PAGENERAL USE/ NO RESTRICTIONS$1,625,000
DREXEL UNIVERSITY Philadelphia, PAGENERAL USE/ NO RESTRICTIONS$371,811
TEMPLE B'NAI ISRAEL Easton, MDGENERAL USE/ NO RESTRICTIONS$104,873
JEWISH FEDERATION OF GREATER PALM BEACH COUNTY West Palm Beach, FLGENERAL USE/ NO RESTRICTIONS$80,000
JEWISH FEDERATION OF GREATER PHILADELPHIA Philadelphia, PAGENERAL USE/ NO RESTRICTIONS$60,000
JEWISH NEWS SYNDICATE Beaverton, ORGENERAL USE/ NO RESTRICTIONS$50,000
WORLD AFFAIRS COUNCIL Philadelphia, PAGENERAL USE/ NO RESTRICTIONS$50,000
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY Philadelphia, PAGENERAL USE/ NO RESTRICTIONS$25,000
THE FOUNDATION FOR DEFENSE OF DEMOCRACIES Washington, DCGENERAL USE/ NO RESTRICTIONS$25,000
TIVKA CHILDREN'S HOME West Caldwell, NJGENERAL USE/ NO RESTRICTIONS$22,500

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Edward M. Satell as trustee and Regina Black-Lennox as director of philanthropy.

Satell Family Foundation's 2024 filing lists 2 officers; 1 of 2 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Regina Black-Lennox

    Director of Philanthropy

    On filings since 2023

    4 hrs/week

    $29K (2023) → $27K (2024)

  • Edward M. Satell

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Regina Black-Lennox — Director of Philanthropy: $27KRegina Black-LennoxDirector of Philanthropy$27K

Contact

Mailing address: 660 American Avenue 102, King Of Prussia, PA 19406
Phone: (610) 695-8600
Website: https://satellinstitute.org

Frequently Asked Questions

What does Satell Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied missions. For example, Drexel University describes its mission as preparing students for professional and civic lives and applying its expertise to society’s problems. The National Liberty Museum says it aims to illuminate the strength and fragility of liberty, while the Museum of the American Revolution shares stories about the people and events behind America’s ongoing experiment in liberty,…

How do I apply for a grant from Satell Family Foundation?

In 2024, the foundation reported 35 grants totaling $2,570,062. Grant amounts ranged from $150 to $1,625,000, with a median grant of $8,000. The largest awards included $1,625,000 to the Mann Center for the Performing Arts and $371,811 to Drexel University, both for general use with no restrictions. Other notable grants included $104,873 to Temple B’nai Israel, $80,000 to the Jewish Federation of Greater Palm Beach County, and $60,000 to the Jewish Federation of Greater Philadelphia; each was l…

What is Satell Family Foundation's EIN?

Satell Family Foundation's EIN (Employer Identification Number) is 23-7769039. IRS Form 990 filing data is available on this page for 2020–2024.

Does Satell Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Explore Open Grants

Browse active grant opportunities in Satell Family Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in Pennsylvania

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Your AI grants department

Here's the math on researching Satell Family Foundation by hand.