The Audrey S Knewstub Foundation
The Audrey S Knewstub Foundation is a private foundation focused on Community and economic development, based in Rosemont, PA. IRS filing data is available from 2019 through 2026. As of 2026, the organization holds $1.3M in total assets. In 2026, it awarded 4 grants totaling $41K. Net investment income was $25K.
Key facts about The Audrey S Knewstub Foundation
In short: The Audrey S Knewstub Foundation gave $41K across 4 grants in 2026 (avg $10K), mostly in Pennsylvania. Source: 2026 IRS Form 990-PF.
- EIN
- 23-1675419
- Latest 990 filing
- Form 990-PF, 2026
- Annual giving (2026)
- $40,500
- Grants made (2026)
- 4
- Average grant
- $10,125
- Median grant
- $4,750
- Total assets
- $1,260,466
- Primary geography
- Pennsylvania (100% of itemized 2026 grant dollars)
Data from IRS Form 990-PF, 2026; updated September 2026.
Financial Overview
From 2026 IRS Form 990-PF · View filing
Total Assets
$1.3M
+3.9% YoY
Annual Giving
$41K
+35.0% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$10K
-32.5% YoY
Under IRS private-foundation payout rules, The Audrey S Knewstub Foundation reported a distributable amount of $62K for 2026 — the minimum it must pay out in qualifying distributions.
How The Audrey S Knewstub Foundation gives
- Giving grew 62% from 2023 to 2026. Method
- In 2026 it paid out 105% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2026, annual grant giving ranged from $20K (2022) to $58K (2020). In 2026 it made 4 grants totaling $41K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2026
The largest 2026 recipient was Life Science Cares ($30K). Together the top 4 received $41K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Life Science Cares Philadelphia, PA | General operations | $29,500 |
| Horizons at Episcopal Academy Newtown Squar, PA | General operations | $7,500 |
| Covenant House Pennsylvania Philadelphia, PA | General operations | $2,000 |
| Alzheimers Association Philadelphia, PA | General operations | $1,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Assets | $1,260,466 | $1,213,542 | $1,206,893 |
| Revenue | $49,147 | $48,650 | $48,357 |
| Expenses | $65,475 | $53,652 | $54,602 |
| Qualifying Distributions | $65,125 | $53,453 | $54,602 |
| Net Investment Income | $24,522 | $25,197 | $23,755 |
| Distributable Amount | $62,279 | $59,932 | $57,341 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS January 30, 2020)
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 6, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
The Audrey S Knewstub Foundation is led by Marguerite Kraftson, President on every filing since 2019 — the only officer listed, and compensated.
Officers on the 2026 filing
Marguerite Kraftson
President
On filings since 2019
5 hrs/week
$15K (2022) → $18K (2026)
Data from IRS Form 990 filings, 2019–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $18K, to Marguerite Kraftson (President).
Frequently asked questions about The Audrey S Knewstub Foundation
How much does The Audrey S Knewstub Foundation give each year?
The Audrey S Knewstub Foundation gave $41K across 4 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $30K across 2 grants.
What is The Audrey S Knewstub Foundation's typical grant size?
The Audrey S Knewstub Foundation's median grant in 2026 was $4,750, and its average grant was $10,125, across 4 grants on its 2026 IRS Form 990-PF.
Where does The Audrey S Knewstub Foundation give grants?
The Audrey S Knewstub Foundation gives mostly in Pennsylvania: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Philadelphia, PA (3 grants).
Does The Audrey S Knewstub Foundation give general operating support?
Yes: 100% of The Audrey S Knewstub Foundation's 2026 grants with a stated purpose (4 of 4) were for general or operating support, per its 2026 IRS Form 990-PF.
How large is The Audrey S Knewstub Foundation?
The Audrey S Knewstub Foundation reported $1.3M in total assets on its 2026 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $62K (roughly 5% of its investment assets).
What is The Audrey S Knewstub Foundation?
The Audrey S Knewstub Foundation is a private foundation focused on Community and economic development, based in Rosemont, PA. It holds $1.3M in total assets as of 2026.
What is The Audrey S Knewstub Foundation's EIN?
The Audrey S Knewstub Foundation's EIN (Employer Identification Number) is 23-1675419. IRS Form 990 filing data is available on this page for 2019–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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