To provide fundraising and other support to further the charitable, educational, and scientific purposes of its controlling entity, mount nittany health system.
Key facts about The Foundation for Mount Nittany Medical Center Inc
In short: The Foundation for Mount Nittany Medical Center Inc gave $4.1M across 2 grants in 2025 (avg $2.0M), mostly in Pennsylvania. Source: 2025 IRS Form 990.
- EIN
- 57-1138956
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $4,058,285
- Grants made (2025)
- 2
- Average grant
- $2,029,143
- Median grant
- $2,029,143
- Total assets
- $33,011,417
- Primary geography
- Pennsylvania (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$33.0M
+36.1% YoY
Annual Giving
$4.1M
+11.7% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$2.0M
+11.7% YoY
How The Foundation for Mount Nittany Medical Center Inc gives
- Giving grew 121% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About The Foundation for Mount Nittany Medical Center Inc
Based on IRS filings
The Foundation for Mount Nittany Medical Center Inc is a public charity focused on Health, based in State College, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $33.0M in total assets. In 2025, it awarded 2 grants totaling $4.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $169K (2019) to $4.1M (2025). In 2025 it made 2 grants totaling $4.1M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Mount Nittany Medical Center ($3.9M). Together the top 2 received $4.1M.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 12 (42%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mount Nittany Medical Center State College, PA | Provide Financial Support to Affiliate | $3,891,747 |
| Centre County Children's Advocacy Center State College, PA | Provide Financial Support to Affiliate | $166,538 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $33,011,417 | $24,256,882 | $19,480,920 |
| Revenue | $11,238,335 | $7,629,084 | $6,254,654 |
| Expenses | $5,447,064 | $4,930,849 | $3,874,054 |
| Net Investment Income | $-110,481 | $34,336 | $-152,325 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS May 13, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Foundation for Mount Nittany Medical Center Inc is led by Kathleen Rhine, CEO, Officer & Director since 2023 (on filings since 2019); 1 of 11 officers listed in 2025 is compensated.
Officers on the 2025 filing
Kathleen Rhine
CEO, Officer & Director
President & CEO → CEO, Officer & Director, 2023
On filings since 2019
2 hrs/week
No compensation reported
Adrienne Krasowitz
Executive Director
On filings since 2023
40 hrs/week
$186K (2024) → $231K (2025)
William P. Hayes
Chair
Treasurer → Chair, 2022
On filings since 2019
2 hrs/week
No compensation reported
Lance Rose
Former CEO, Officer & Director
On filings since 2019
No compensation reported
Theodore Ziff MD
Director
On filings since 2019
2 hrs/week
No compensation reported
Beth Kalenak
Director
Treasurer → Director, 2023
On filings since 2022
2 hrs/week
No compensation reported
Ted Oyler
Director
On filings since 2022
2 hrs/week
No compensation reported
Kasandra A. Botti DO
Secretary
On filings since 2019
2 hrs/week
No compensation reported
Kay Kustanbauter
Vice Chair
Director → Vice Chair, 2022
On filings since 2019
2 hrs/week
No compensation reported
Bryan Roach
Executive Vice President & CFO
On filings since 2021
2 hrs/week
No compensation reported
Thomas J. Taricani
Treasurer
Director → Treasurer, 2022
On filings since 2021
2 hrs/week
No compensation reported
Former officers (12)
- Former: Paul Tomczuk (2019–2024) — Director
- Former: John Carder DDS (2019–2023) — Director
- Former: Simon Corby (2020–2023) — Former Executive Director
- Former: Michael Hawbaker (2019–2022) — Director
- Former: John Dutton PhD (2019–2021) — Chair
- Former: Jonathan Dranov MD (2019–2021) — Chair
- Former: Philip H. Sieg (2019–2021) — Director
- Former: Randy Tewksbury (2019–2021) — Former Senior Vice President Finance & CFO · Filing note: Until 419
- Former: Mimi Barash Coppersmith (2019–2020) — Director
- Former: Richard H. Dixon MD (2019–2020) — Director
- Former: Bryan Roach Begin (2020) — Executive Vice President & CFO
- Former: Matthew Hardy (2019) — Executive Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $231K, to Adrienne Krasowitz (Executive Director).
Frequently asked questions about The Foundation for Mount Nittany Medical Center Inc
How much does The Foundation for Mount Nittany Medical Center Inc give each year?
The Foundation for Mount Nittany Medical Center Inc gave $4.1M across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $3.6M across 2 grants.
How large is The Foundation for Mount Nittany Medical Center Inc?
The Foundation for Mount Nittany Medical Center Inc reported $33.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $11.2M.
What is The Foundation for Mount Nittany Medical Center Inc?
The Foundation for Mount Nittany Medical Center Inc is a public charity focused on Health, based in State College, PA. It holds $33.0M in total assets as of 2025.
Where does The Foundation for Mount Nittany Medical Center Inc operate?
The Foundation for Mount Nittany Medical Center Inc has awarded grants in Pennsylvania.
What is The Foundation for Mount Nittany Medical Center Inc's EIN?
The Foundation for Mount Nittany Medical Center Inc's EIN (Employer Identification Number) is 57-1138956. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching The Foundation for Mount Nittany Medical Center Inc by hand.
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