The Ithan Foundation Inc

WEST CONSHOHOCKEN, PA EIN: 23-2896573

The Ithan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST CONSHOHOCKEN, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.1M in total assets. In 2024, it awarded 4 grants totaling $234K. Net investment income was $1.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.1M

+17.7% YoY

Annual Giving

$234K

-39.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$59K

-39.9% YoY

Under IRS private-foundation payout rules, The Ithan Foundation Inc reported a distributable amount of $346K for 2024 — the minimum it must pay out in qualifying distributions.

About The Ithan Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with The Ithan Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $352K (25%)

Florida $352K (25%)

New York $352K (25%)

Maryland $352K (25%)

States

Colorado Florida Maryland New York

Cities

BaltimoreBoulderNew YorkVenice

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,067,254	$5,153,069	$5,271,363
Revenue	$1,250,830	$356,254	$179,372
Expenses	$318,947	$472,990	$394,635
Qualifying Distributions	$299,235	$454,292	$376,242
Net Investment Income	$1,231,118	$337,556	$160,979
Distributable Amount	$345,753	$331,587	$343,058

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

20 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Baltimore Community Foundation ($58,588), Community Funds Inc ($58,588), Gulf Coast Community Foundation ($58,588).

Recipient	Purpose	Amount
BALTIMORE COMMUNITY FOUNDATION BALTIMORE, MD	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$58,588
COMMUNITY FUNDS INC NEW YORK, NY	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$58,588
GULF COAST COMMUNITY FOUNDATION VENICE, FL	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$58,588
THE COMMUNITY FOUNDATION BOULDER COUNTY BOULDER, CO	GRANT TO ANOTHER 501(C)(3) ORGANIZATION	$58,588

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
COLIN GARDNER V	PRESIDENT/DIRECTOR	2	$17,500
SUSANNAH A GARDNER	SECRETARY/DIRECTOR	2	$17,500
KRISTIN L GARDNER	VICE PRESIDENT/DIRECTOR	2	—
JENNIFER GARDNER GLOSE	TREASURER/DIRECTOR	2	$17,500

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Ithan Foundation Inc?

The Ithan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST CONSHOHOCKEN, PA. It holds $6.1M in total assets as of 2024.

How large is The Ithan Foundation Inc?

As of 2024, The Ithan Foundation Inc holds $6.1M in total assets with $1.3M in annual revenue. It awarded 4 grants totaling $234K in 2024.

Where does The Ithan Foundation Inc operate?

The Ithan Foundation Inc has awarded grants in Colorado, Florida, Maryland, New York.

What size grants does The Ithan Foundation Inc award?

In 2024, The Ithan Foundation Inc awarded 4 grants totaling $234K — an average of about $59K per grant, based on its IRS Form 990 filings.

How much is The Ithan Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ithan Foundation Inc reported a distributable amount of $346K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.