Susquehanna Foundation
The Susquehanna Foundation is a private foundation established in 1994 as the corporate foundation of Susquehanna International Group, an options-trading company. Based in Bala Cynwyd, Pennsylvania, the foundation operates as a 501(c)(3) private foundation (EIN: 23-2732477) and represents a significant philanthropic entity in the Philadelphia region.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$599.2M
+0.2% YoY
Annual Giving
$83.0M
+657.1% YoY
Grant Count
28
-9.7% YoY
Avg Grant Size
$3.0M
+738.2% YoY
Mission & Focus Areas
The foundation gives primarily for education, hospitals, and children's services. Its grantmaking reflects libertarian principles and school choice advocacy, with particular emphasis on charter school expansion and education reform in the Philadelphia area. The foundation also supports causes related to voluntarism and grantmaking, human services, local government, community and civic engagement, scouting organizations, youth development, and leadership initiatives.
Grantmaking
The Susquehanna Foundation does not operate formal grant programs with defined application cycles. Grants are made at the discretion of the board of directors. The foundation typically makes 28-31 grants annually.
Grant Range
** $2,000 to $63,428,266
How to Apply
, prospective applicants should note that contact should be made only with relevant connections.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is primarily focused on Pennsylvania, New York, and Virginia, with particular emphasis on the Philadelphia area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $599,215,094
- Total Giving: $82,974,417
- Total Revenues: $16,594,078
- Total Expenses: $83,315,300
- Investment Income and Dividends: $16,594,078
Historical Data (2020):
- Revenue: $255,548,676
- Expenses: $9,995,064
- Assets: $477,256,748
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $599,215,094 | $598,123,739 | $494,452,990 |
| Revenue | $16,594,078 | $12,249,833 | $29,569,359 |
| Expenses | $83,315,300 | $11,152,519 | $25,144,037 |
| Qualifying Distributions | $82,974,417 | $10,960,054 | $21,514,774 |
| Net Investment Income | $16,594,078 | $12,243,333 | $94,860,866 |
| Distributable Amount | $30,006,342 | $26,967,619 | $25,910,053 |
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
162 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Arthur Dantchik serves as President of the foundation. Janine Yass, wife of Susquehanna International director Jeffrey Yass, is noted as a prominent influence on the foundation's strategic direction, particularly regarding charter schools and school choice initiatives.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARTHUR DANTCHIK | PRESIDENT | — | — |
| ANDREW FROST | VICE-PRESIDENT | — | — |
| JEFFREY YASS | VICE-PRESIDENT | — | — |
| ROBERT SACK | TREASURER | — | — |
| THEODORE BRYCE | SECRETARY | — | — |
| TIMOTHY J LESKA | ASSISTANT TREASURER | — | — |
| MARK DOOLEY | DIRECTOR | — | — |
Contact Information
Address: 401 E City Ave Suite 220, Bala Cynwyd, PA 19004-1117
Phone: 610-617-2635 or 610-617-2600
Tax-Exempt Status: Since April 1994
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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