The PEC Foundation
The mission of PEC Foundation is to oversee, invest, and make qualifying grants to the following Pennsylvania nonprofit corporations: hopephl and hopephl community development corporation.
The PEC Foundation at a glance
- Total assets
- $10,876,703
- +10.7% vs 2024
- Revenue (2025)
- $227,236
- -22.2% vs 2024
- Net investment income (2025)
- $227,236
- -22.2% vs 2024
- Expenses (2025)
- $25,440
- +4.6% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The PEC Foundation funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $100–250K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $200K (2020) to $200K (2021). In 2021 it made 1 grant totaling $200K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| People's Emergency Center Philadelphia, PA | Rent subsidy for pec clients residing in rowan house and operating grant to pec | $200,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $10,876,703 | $227,236 | $25,440 | — | — | $227,236 |
| 2024 | $9,822,825 | $292,206 | $24,329 | — | — | $292,206 |
| 2023 | $7,364,774 | $203,812 | $28,081 | — | — | $179,812 |
| 2022 | $6,447,398 | $356,608 | $16,711 | — | — | $356,608 |
| 2021 | $7,143,380 | $188,746 | $221,365 | $200,000 | 1 | $188,746 |
| 2020 | $5,938,266 | $33,697 | $220,059 | $200,000 | 1 | $33,697 |
About The PEC Foundation
Based on IRS filings
The PEC Foundation is a public charity focused on Housing & Shelter, based in Philadelphia, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $10.9M in total assets. Net investment income was $227K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The PEC Foundation is led by Kathleen Desmond, President - Hopephl since 2023 (on filings since 2020); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kathleen Desmond
President - Hopephl
President - Pec → President - Hopephl, 2023
On filings since 2020
2 hrs/week
No compensation reported
Pamela Hansen
Chair
On filings since 2024
2 hrs/week
No compensation reported
Steve Fahringer
Director
On filings since 2020
2 hrs/week
No compensation reported
Steven Scaduto
Director
On filings since 2023
2 hrs/week
No compensation reported
Trina Smith
Director
On filings since 2023
2 hrs/week
No compensation reported
Former officers (8)
- Former: Blair Boroch (2023–2024) — Director
- Former: Christine Jacobs (2020–2023) — Treasurer
- Former: Ellen Brotman (2020–2023) — Board Chair
- Former: Pam Hansen (2023) — Director
- Former: Damien Ghee (2020–2022) — Director
- Former: Greg El (2020–2022) — Director
- Former: Michael Pahides (2020–2022) — Director
- Former: Timothy Klarich (2020–2022) — Vice President Finance - Pec
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.
Frequently asked questions about The PEC Foundation
How large is The PEC Foundation?
The PEC Foundation reported $10.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $227K.
What is The PEC Foundation?
The PEC Foundation is a public charity focused on Housing & Shelter, based in Philadelphia, PA. It holds $10.9M in total assets as of 2025.
Where does The PEC Foundation operate?
The PEC Foundation has awarded grants in Pennsylvania.
What is The PEC Foundation's EIN?
The PEC Foundation's EIN (Employer Identification Number) is 23-2851068. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 16, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The PEC Foundation's focus areas in our free grants database
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Figures come from The PEC 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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