The Athena Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WASHINGTON, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $311K in total assets. In 2025, it awarded 3 grants totaling $18K. Net investment income was $14K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$311K
-1.0% YoY
Annual Giving
$18K
+133.3% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$6K
+55.6% YoY
Under IRS private-foundation payout rules, The Athena Foundation reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.
About The Athena Foundation
Based on IRS filings
The Athena Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WASHINGTON, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $311K in total assets. In 2025, it awarded 3 grants totaling $18K. Net investment income was $14K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $310,865 | $313,972 | $305,210 |
| Revenue | $14,393 | $16,262 | $11,632 |
| Expenses | $17,500 | $7,500 | $20,000 |
| Qualifying Distributions | $17,500 | $7,500 | $20,000 |
| Net Investment Income | $14,393 | $16,262 | — |
| Distributable Amount | $15,297 | $14,992 | $15,460 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Whitemarsh Township Parks ($10,000), Whitemarsh Police Officers Benevolent Assn ($5,000), Barren Hill Volunteer Fire Company ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Whitemarsh Police Officers Benevolent Assn Lafayette Hill, PA | Supporting Local Causes & Charities | $5,000 |
| Barren Hill Volunteer Fire Company Lafayette Hill, PA | Supports localfire prevention | $2,500 |
| Whitemarsh Township Parks Lafayette Hill, PA | Supports local public parks and publicrecreation facilities and events | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Athena Karabots | Chairperson | 1 | — |
| Andrea Duloc | Vice President | 0.5 | — |
| Despina McNulty | President | 0.5 | — |
| William Bonner | Secretary & Treasurer | 0.5 | — |
| Constance Kolkka | Vice President | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Athena Foundation?
The Athena Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WASHINGTON, PA. It holds $311K in total assets as of 2025.
How large is The Athena Foundation?
As of 2025, The Athena Foundation holds $311K in total assets with $14K in annual revenue. It awarded 3 grants totaling $18K in 2025.
Where does The Athena Foundation operate?
The Athena Foundation has awarded grants in Pennsylvania.
What size grants does The Athena Foundation award?
In 2025, The Athena Foundation awarded 3 grants totaling $18K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Athena Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Athena Foundation reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Athena Foundation's EIN?
The Athena Foundation's EIN (Employer Identification Number) is 80-0066027. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Athena Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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