The Sprocket Foundation is a private foundation established in Pennsylvania and based in New Hope, PA. It operates as a 501(c)(3) organization and primarily funds recipient operating activities through unrestricted charitable grants.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$20.5M
-9.7% YoY
Annual Giving
$2.0M
+2.3% YoY
Grant Count
25
+0.0% YoY
Avg Grant Size
$81K
+2.3% YoY
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Science Teachers
- STEM Education
- Journalism
Grantmaking
The remaining 21 grants totaled $1,780,000.
Grant Range
s:** Typical awards range from $25,000 to $275,000.
Ready to take the next step with The Sprocket Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, California, and Pennsylvania.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $20,501,130
- Total Giving: $2,020,000
- Total Revenues: $339,044
- Total Expenses: $2,363,590
- Investment Income and Dividends: $421,482
Staffing: The foundation operates with 0 employees.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $20,501,130 | $22,706,294 | $24,266,768 |
| Revenue | $339,044 | $-321,340 | $2,710,968 |
| Expenses | $2,363,590 | $2,291,740 | $2,366,548 |
| Qualifying Distributions | $2,181,211 | $2,145,051 | $2,109,115 |
| Net Investment Income | $239,118 | $328,735 | $549,668 |
| Distributable Amount | $1,144,958 | $1,145,967 | $1,499,337 |
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 2023
Grant Size Distribution
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN MCDONNELL | TRUSTEE | 4 | — |
| JILL MCDONNELL | TRUSTEE | 4 | — |
Contact Information
- Address: PO Box 190, New Hope, PA 18938-0190
- Telephone: 215-297-8875
- EIN: 77-0669399
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Best Little Cat House in PA
HARRISBURG, PA
Assets
$281K
Grants
0
Total Given
—
The Irene P Sorbara Charitable Foundation
PITTSBURGH, PA
Assets
$2.5M
Grants
2
Total Given
$131K
Penn and Lisa Seiple Conservancy
SUNBURY, PA
Assets
$1.5M
Grants
0
Total Given
—
Daniel M Tabas Family Foundation
HAVERFORD, PA
Assets
$8.0M
Grants
9
Total Given
$86K
John Griner Charitable Trust
PITTSBURGH, PA
Assets
$394K
Grants
1
Total Given
$20K
Shaffer Family Charitable Trust
BETHLEHEM, PA
Assets
$7.1M
Grants
15
Total Given
$610K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Sprocket Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities