The Poole Foundation
The Poole Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STATE COLLEGE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $713K in total assets. In 2024, it awarded 25 grants totaling $135K. Net investment income was $286K.
Key facts about The Poole Foundation
- EIN
- 20-6383808
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $134,892
- Grants made (2024)
- 25
- Average grant
- $5,396
- Median grant
- $1,000
- New grantees (estimate)
- 40% first-time grantees (10 of 25, 2024)
- Total assets
- $713,349
- Primary geography
- Pennsylvania (78% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Poole Foundation funds
By grant dollars, the top recipient states for The Poole Foundation's 25 itemized 2024 grants were Pennsylvania (78%) and Ohio (15%). The most frequent recipient cities were State College, PA (11 grants) and Washington, DC (2 grants). None of its 25 grants with a stated purpose were described as general or operating support. Recurring purposes include "Public Purpose" (25 grants).
Is The Poole Foundation open to new grantees?
40%
first-time grantees, 2024
In 2024, 10 of 25 grantees (40%) were first-time recipients. First grants averaged $1K; repeat grants $8K. How we count
Medians: $750 first-time, $2K repeat.
- 48% of 2024 grantees were also funded in 2023. Method
- Giving fell 45% from 2021 to 2024. Method
- In 2024 it paid out 436% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$713K
+26.8% YoY
Annual Giving
$135K
-47.4% YoY
Grant Count
25
+78.6% YoY
Avg Grant Size
$5K
-70.5% YoY
Under IRS private-foundation payout rules, The Poole Foundation reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About The Poole Foundation
Based on IRS filings
The Poole Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STATE COLLEGE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $713K in total assets. In 2024, it awarded 25 grants totaling $135K. Net investment income was $286K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 25 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $713,349 | $562,678 | $814,918 |
| Revenue | $287,433 | $6,465 | $61,600 |
| Expenses | $136,762 | $258,705 | $246,536 |
| Qualifying Distributions | $134,892 | $256,259 | $243,500 |
| Net Investment Income | $285,638 | $19,643 | $59,785 |
| Distributable Amount | $30,934 | $42,124 | $53,648 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Penn State ($53,000), Cleveland Clinic ($20,000), Geisinger Health Foundation ($11,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PENN STATE UNIVERSITY PARK, PA | PUBLIC PURPOSE | $53,000 |
| CLEVELAND CLINIC CLEVELAND, OH | PUBLIC PURPOSE | $20,000 |
| GEISINGER HEALTH FOUNDATION DANVILLE, PA | PUBLIC PURPOSE | $11,000 |
| ALEXIS DE TOCQUIEVILLE SOCIETY STATE COLLEGE, PA | PUBLIC PURPOSE | $10,000 |
| SPECIAL OLYMPICS OF PA STATE COLLEGE, PA | PUBLIC PURPOSE | $10,000 |
| BPS FOUNDATION BISMARCK, ND | PUBLIC PURPOSE | $5,000 |
| JUNIATA VALLEY COUNCIL BSA REEDSVILLE, PA | PUBLIC PURPOSE | $5,000 |
| PETS COME FIRST CENTRE HALL, PA | PUBLIC PURPOSE | $5,000 |
| STRAWBERRY FIELDS STATE COLLEGE, PA | PUBLIC PURPOSE | $2,500 |
| AMERICAN CANCER SOCIETY STATE COLLEGE, PA | PUBLIC PURPOSE | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert E Poole Jr | Trustee | — | — |
| Sandra L Poole | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Poole Foundation?
The Poole Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STATE COLLEGE, PA. It holds $713K in total assets as of 2024.
How large is The Poole Foundation?
As of 2024, The Poole Foundation holds $713K in total assets with $287K in annual revenue. It awarded 25 grants totaling $135K in 2024.
Where does The Poole Foundation operate?
The Poole Foundation has awarded grants in District of Columbia, Maryland, North Dakota, New Jersey, New York, Ohio, Pennsylvania.
What size grants does The Poole Foundation award?
In 2024, The Poole Foundation awarded 25 grants totaling $135K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Poole Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Poole Foundation reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Poole Foundation's EIN?
The Poole Foundation's EIN (Employer Identification Number) is 20-6383808. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Poole Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.