The Ithan Foundation Inc
The Ithan Foundation Inc is a private foundation, based in West Conshohocken, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $6.3M in total assets. In 2025, it awarded 4 grants totaling $281K. Net investment income was $593K.
Key facts about The Ithan Foundation Inc
In short: The Ithan Foundation Inc gave $281K across 4 grants in 2025 (avg $70K), top state Maryland. Source: 2025 IRS Form 990-PF.
- EIN
- 23-2896573
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $280,872
- Grants made (2025)
- 4
- Average grant
- $70,218
- Median grant
- $70,218
- Total assets
- $6,293,268
- Primary geography
- Maryland (25% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$6.3M
+3.7% YoY
Annual Giving
$281K
+19.9% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$70K
+19.9% YoY
Under IRS private-foundation payout rules, The Ithan Foundation Inc reported a distributable amount of $382K for 2025 — the minimum it must pay out in qualifying distributions.
How The Ithan Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−7%). Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with The Ithan Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $234K (2024) to $390K (2023). In 2025 it made 4 grants totaling $281K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Baltimore Community Foundation ($70K). Together the top 4 received $281K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was in the $50–100K range: 20 grants of 20 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Baltimore Community Foundation Baltimore, MD | Grant to Another 501(C)(3) Organization | $70,218 |
| Community Funds Inc New York, NY | Grant to Another 501(C)(3) Organization | $70,218 |
| Gulf Coast Community Foundation Venice, FL | Grant to Another 501(C)(3) Organization | $70,218 |
| The Community Foundation Boulder County Boulder, CO | Grant to Another 501(C)(3) Organization | $70,218 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $6,293,268 | $6,067,254 | $5,153,069 |
| Revenue | $613,266 | $1,250,830 | $356,254 |
| Expenses | $387,252 | $318,947 | $472,990 |
| Qualifying Distributions | $366,581 | $299,235 | $454,292 |
| Net Investment Income | $592,595 | $1,231,118 | $337,556 |
| Distributable Amount | $381,662 | $345,753 | $331,587 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS December 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
Leadership & Key People
Officers and directors from IRS filings
The Ithan Foundation Inc is led by Colin Gardner V, President & Director on every filing since 2020; 3 of 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Colin Gardner V
President & Director
On filings since 2020
2 hrs/week
$15K (2022) → $20K (2025)
Jennifer Gardner Glose
Treasurer & Director
On filings since 2020
2 hrs/week
$15K (2022) → $20K (2025)
Kristin L. Gardner
Vice President & Director
On filings since 2020
2 hrs/week
$15K (2022) → $0 (2025)
Susannah A. Gardner
Secretary & Director
On filings since 2020
2 hrs/week
$15K (2022) → $20K (2025)
Data from IRS Form 990 filings, 2020–2025. "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 $20K, to Colin Gardner V (President/Director). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Ithan Foundation Inc
How much does The Ithan Foundation Inc give each year?
The Ithan Foundation Inc gave $281K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $234K across 4 grants.
What is The Ithan Foundation Inc's typical grant size?
The Ithan Foundation Inc's median grant in 2025 was $70,218, and its average grant was $70,218, across 4 grants on its 2025 IRS Form 990-PF.
Where does The Ithan Foundation Inc give grants?
The Ithan Foundation Inc's top state is Maryland, with 25% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (25%) and Florida (25%).
Does The Ithan Foundation Inc give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on The Ithan Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Grant to Another 501(C)(3) Organization" (4 grants).
How large is The Ithan Foundation Inc?
The Ithan Foundation Inc reported $6.3M in total assets on its 2025 IRS Form 990-PF. It paid out $367K in qualifying distributions that year, against a required minimum of $382K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Ithan Foundation Inc's EIN?
The Ithan Foundation Inc's EIN (Employer Identification Number) is 23-2896573. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Ithan Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in The Ithan Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Pennsylvania
Virginia B Toulmin Charitable
Cresskill, NJ
The Virginia B. Toulmin Foundation funds community organizations focused on women’s and girls’ health and empowerment, disadvantaged youth, and the performing arts, especially opportunities for women and girls in the arts. Its 2024 grants ranged from $2,500 to $250,000, with a median of $57,500, and went mainly to organizations in New York and Florida. Funding is by invitation only; it does not accept unsolicited requests.
Assets
$147.1M
Grants
84
Total Given
$7.0M
Venable Foundation Inc
Baltimore, MD
The Venable Foundation supports nonprofits working in arts and culture, education, health, human services, legal services, the environment, workforce development, and youth programs, with particular interest in legal assistance and underserved communities. Grants are typically around $10,000 (2024 awards ranged from $7,500 to $100,000) and support communities near Venable offices, including Baltimore, Washington, DC, New York, Los Angeles, San Francisco, Chicago, Miami, and Denver. It accepts letters of interest from applicants, with eligibility varying by location; its materials describe a competitive application process three times a year.
Assets
$466K
Grants
198
Total Given
$2.7M
Robin Hood Foundation
New York, NY
Robin Hood funds high-impact organizations addressing poverty and economic mobility, including work in education, basic needs, employment, housing, health care, and legal services, primarily for low-income New Yorkers in New York City. Its 2024 grants ranged from $17,000 to $5.36 million, with a median of about $309,000. It does not accept unsolicited requests; eligible organizations can submit an expression of interest, and other opportunities may be announced periodically.
Assets
$334.5M
Grants
249
Total Given
$126.3M
The Baltimore Orioles Foundation Inc
Baltimore, MD
The Baltimore Orioles Foundation funds youth baseball and softball in Baltimore City and supports charitable organizations across a range of areas, primarily in Maryland. Its 2024 grants had a median of $4,000, though awards ranged from $100 to over $1.1 million. It accepts written requests; contact the foundation to apply.
Assets
$2.8M
Grants
51
Total Given
$1.6M
Boston Foundation Inc
Boston, MA
The Boston Foundation funds equity-focused work in child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer awards from up to $15,000 to $50,000; it accepts applications through some competitive initiatives, but whether it accepts unsolicited requests generally is not stated.
Assets
$2.1B
Grants
2,375
Total Given
$228.4M
Open Society Institute
New York, NY
The Open Society Institute funds organizations, movements, coalitions, networks, and some individuals working on human rights, democracy, equity, and justice worldwide. Its 2024 grants had a median of $15,000, though awards varied widely; application processes differ by program, and the profile does not state whether unsolicited requests are accepted.
Assets
$5.4B
Grants
559
Total Given
$146.9M
Freedom Together Foundation
New York, NY
The foundation funds work to strengthen multiracial democracy and build community and worker power, racial and gender justice, movement infrastructure, reproductive health, medical research, and community institutions. In 2024, its grants ranged from $5,000 to $14 million, with a median of $500,000; its largest shares went to organizations in Washington, DC, New York, California, Massachusetts, and Illinois. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$3.4B
Grants
595
Total Given
$470.0M
The Pittsburgh Foundation
Pittsburgh, PA
The Pittsburgh Foundation funds basic needs, racial equity and social justice, environmental action, arts and culture, and economic mobility, primarily for organizations located in or serving Allegheny County, Pennsylvania. Its 2024 grants had a median of $18,576, though awards varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$1.5B
Grants
1,132
Total Given
$64.0M
The William Penn Foundation
Philadelphia, PA
The William Penn Foundation funds arts and culture, children and families, civic engagement, the environment and public spaces, and workforce training across the Philadelphia region. Its 2024 grants ranged from $45 to $7.78 million, with a median of $50,000. It accepts unsolicited requests through a limited open-application process, though it recommends applying through a relevant RFP when available.
Assets
$3.4B
Grants
1,027
Total Given
$148.8M
Dick's Sporting Goods Foundation
Coraopolis, PA
The DICK’S Sporting Goods Foundation primarily funds youth sports programs that reduce barriers to participation, with additional support for public lands and outdoor access. Its 2025 grants had a median of $5,000, though awards ranged from $626 to $2.5 million, and its Sports Matter program supports eligible organizations across the U.S. Sports Matter opportunities are by invitation only.
Assets
$34.5M
Grants
964
Total Given
$18.0M
Hillman Family Foundations
Pittsburgh, PA
The 18 independently operated Hillman foundations fund varied projects—including arts, health, education, workforce development, and community development—with priorities and geographic reach that differ by foundation. In 2024, grants ranged from $75 to $5 million, with a median award of $20,000. The stated application process begins with a brief letter of intent through the online portal; no deadline is listed.
Assets
$1.9B
Grants
814
Total Given
$88.8M
More Funders in Pennsylvania
The Ithan Foundation Inc down — hundreds of funders to go?