The Audrey S Knewstub Foundation

Private foundation · Grantmaker Rosemont, PA EIN: 23-1675419
Community and economic developmentCommunity improvementCommunity organizing

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.

The Audrey S Knewstub Foundation at a glance

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.

Annual giving (2026)
$40,500
+35.0% vs 2025
Grants made (2026)
4
+100.0% vs 2025
Average grant
$10,125
-32.5% vs 2025
Median grant
$4,750
Total assets
$1,260,466
+3.9% vs 2025
Primary geography
Pennsylvania (100% of itemized 2026 grant dollars)
Latest 990 filing
Form 990-PF, 2026 View filing

Data from IRS Form 990-PF, 2026; updated September 2026.

Who The Audrey S Knewstub Foundation funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2026

Life Science Cares: $30KLife Science Cares$30KHorizons at Episcopal Academy: $8KHorizons at Episcopal Academy$8KCovenant House Pennsylvania: $2KCovenant House Pennsylvania$2KAlzheimers Association: $2KAlzheimers Association$2K

The largest 2026 recipient was Life Science Cares ($30K). Together the top 4 received $41K.

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2026 grant dollars across all 4 itemized grants.

Cities

PhiladelphiaSkippackBryn MawrChester SpringsMerion StationNewtown SquarWashingtonWilmington

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2019 4 grants2020 3 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025 4 grants2026

From 2019 to 2026, annual grant giving ranged from $20K (2022) to $58K (2020). In 2026 it made 4 grants totaling $41K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Life Science Cares Philadelphia, PAGeneral operations$29,500
Horizons at Episcopal Academy Newtown Squar, PAGeneral operations$7,500
Covenant House Pennsylvania Philadelphia, PAGeneral operations$2,000
Alzheimers Association Philadelphia, PAGeneral operations$1,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2026$1,260,466$49,147$65,475$40,5004$65,125$24,522$62,279
2025$1,213,542$48,650$53,652$30,0002$53,453$25,197$59,932
2024$1,206,893$48,357$54,602$30,0002$54,602$23,755$57,341
2023$1,145,253$50,784$48,221$25,0002$47,721$28,063$54,688
2022$1,187,777$48,345$43,159$20,0002$43,105$25,570$58,364
2021$1,160,355$52,246$66,116$42,6143—$31,671$55,303
2020$1,073,383$36,674$80,921$57,6664—$23,825$55,831
2019$1,149,560$42,030$51,033$31,5001—$23,593$56,416

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.

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

Marguerite Kraftson — President: $18KMarguerite KraftsonPresident$18K

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.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS January 30, 2020)
  2. Added Form 990-PF for fiscal year 2026 (received by the IRS August 6, 2026)
  3. IRS filings on file for fiscal years 2020–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Audrey S Knewstub Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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