Satell Family Foundation

KING OF PRUSSIA, PA EIN: 23-7769039 Website

The Satell Family Foundation is a private foundation based in King of Prussia, Pennsylvania. Established in 1995, it operates as a 501(c)(3) organization and functions as a grantmaking foundation supporting various charitable causes.

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

+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 April 2026.

Mission & Focus Areas

The foundation does not provide a publicly stated mission statement. However, its grantmaking focuses on:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services
Arts and cultural preservation
Historic buildings
Creative writing and journalism

Grantmaking

The foundation made 35 grants in the most recent reporting year, with 21 grants totaling approximately $2.25 million documented.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

Pennsylvania
Florida
New York

Grant Distribution by State

Pennsylvania $3.7M (64%)

Maryland $432K (8%)

New York $424K (7%)

Florida $393K (7%)

Massachusetts $211K (4%)

New Jersey $196K (3%)

Oregon $150K (3%)

District of Columbia $135K (2%)

+3 more states

States

Connecticut District of Columbia Florida Georgia Massachusetts Maryland New Jersey New York Ohio Oregon Pennsylvania

Cities

ArdmoreAtlantaBala CynwydBaltimoreBeavertonBergenfieldBethesdaBlue BellCedarhurstChagrin FallsCherry HillConshohockenEastonFlushingFort WashingtonHaddonfieldJupiterLansdowneMediaMiquon

Financial History

Multi-year comparison from IRS filings

Most Recent Data (2024):

Total Assets: $8,803,993
Total Giving: $2,570,062
Total Revenues: $5,098,360
Total Expenses: $2,827,842
Number of Employees: 0

Previous Year Data (2023):

Total Assets: $7,760,000
Total Revenue: $2,485,000
Total Expenses: $1,510,000

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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

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

170 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mann Center for the Performing Arts ($1,625,000), Drexel University ($371,811), Temple B'nai Israel ($104,873).

Recipient	Purpose	Amount
ADMIRALS COVE FOUNDATION JUPITER, FL	GENERAL USE/ NO RESTRICTIONS	$13,501
ALPERT JFS WEST PALM BEACH, FL	GENERAL USE/ NO RESTRICTIONS	$5,000
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY PHILADELPHIA, PA	GENERAL USE/ NO RESTRICTIONS	$25,000
ASSOCIATION OF FUNDRAISING PROFESSIONALS HADDONFIELD, NJ	GENERAL USE/ NO RESTRICTIONS	$700
BREAKTHROUGH T1D NEW YORK, NY	GENERAL USE/ NO RESTRICTIONS	$1,900
CROHN'S & COLITIS FOUNDATION WESTERN PENNSYLVANIA PITTSBURGH, PA	GENERAL USE/ NO RESTRICTIONS	$2,500
DREXEL UNIVERSITY PHILADELPHIA, PA	GENERAL USE/ NO RESTRICTIONS	$371,811
ELWYN FOUNDATION MEDIA, PA	GENERAL USE/ NO RESTRICTIONS	$1,500
FIRST PRESBYTERIAN CHURCH OF LANSDOWNE LANSDOWNE, PA	GENERAL USE/ NO RESTRICTIONS	$150
GLOBAL PHILADELPHIA PHILADELPHIA, PA	GENERAL USE/ NO RESTRICTIONS	$4,000

Leadership & Key People

Leadership team and compensation from IRS filings

Edward M. Satell - Listed as trustee/founder

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
EDWARD M SATELL	TRUSTEE	0.5	—
REGINA BLACK-LENNOX	DIRECTOR OF PHILANTHROPY	4	$26,856

Contact Information

Address: 660 American Ave, Suite 102, King of Prussia, PA 19406-4032

Phone: 610-695-8600

EIN: 23-7769039

Frequently Asked Questions

What does Satell Family Foundation fund?

The foundation does not provide a publicly stated mission statement. However, its grantmaking focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Arts and cultural preservation • Historic buildings • Creative writing and journalism

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

**Grant Amounts:** Typical awards range from $150 to $1,625,000. **Recent Grants (2024):** • Mann Center for the Performing Arts: $1,625,000 (General Use/No Restrictions) • Drexel University: $371,811 (General Use/No Restrictions) • Jewish Federation of Greater Philadelphia: $60,000 (General Use/No Restrictions) The foundation made 35 grants in the most recent reporting year, with 21 grants totaling approximately $2.25 million documented. **Grant Type:** Grants are designated for general use wi…

Where does Satell Family Foundation make grants?

The foundation primarily funds organizations in: • Pennsylvania • Florida • New York

What size grants does Satell Family Foundation award?

In 2024, Satell Family Foundation awarded 35 grants totaling $2.6M — an average of about $73K per grant, based on its IRS Form 990 filings.

How much is Satell Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Satell Family Foundation reported a distributable amount of $632K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.