Way Foundation Inc is a private foundation established in 2018, with headquarters in New Oxford, Pennsylvania and a registered address in Wilmington, Delaware. The foundation operates as a 501(c)(3) organization and focuses on grantmaking to support charitable causes across multiple sectors including education, health, religion, fitness, and environmental initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$28.4M
+14.7% YoY
Annual Giving
$1.5M
+30.7% YoY
Grant Count
29
-6.5% YoY
Avg Grant Size
$52K
+39.7% YoY
Mission & Focus Areas
Mission: Promote total health, education and the joy of living by supporting communities and providing resources, beginning locally and expanding globally.
Core Values: The foundation is committed to connecting with its past to influence its future; encouraging leadership with integrity; generating meaningful change; demonstrating civic and personal responsibility; and maintaining and protecting natural resources.
Primary Funding Areas:
- Children and youth development, including leadership and civic engagement development, and trauma prevention
- International studies
- Overall health, including research, healthy eating, and fitness
- Trauma treatment for veterans
- Core legacy programming with emphasis on the Hanover, Pennsylvania area
- Foundation leadership development
Grantmaking
Grants are available for time-limited and/or project-specific expenses of charitable 501(c)(3) non-profit organizations, educational bodies, and government agencies. The foundation is particularly interested in projects that:
Grant Range
$20,000
Average Grant
$42,600
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation prioritizes grantmaking within the Hanover, Pennsylvania area as part of its core legacy program, while also funding nationally and internationally.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total assets: $24,810,004
- Total revenues: $5,839,350
- Total expenses: $1,306,674
- Total grants, contributions, etc.: $4,342,559
- Investment income and dividends: $550,414
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $28,445,201 | $24,810,004 | $20,277,328 |
| Revenue | $5,356,613 | $5,839,350 | $554,372 |
| Expenses | $1,721,416 | $1,306,674 | $1,316,828 |
| Qualifying Distributions | $1,579,913 | $1,215,990 | $1,221,956 |
| Net Investment Income | $892,051 | $1,399,117 | $476,584 |
| Distributable Amount | $1,806,012 | $1,359,314 | $1,178,348 |
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
141 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Trustees:
- Steven Yelland – President
- Ann Adornetto – Vice President
- Amy Yelland – Secretary
- Mike Adornetto – Treasurer
- Susan Rupp – Member-at-Large
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ann Adornetto | Dir, VP, Pres | 1 | — |
| Michael Adornetto | Dir, Treas | 1 | — |
| Susan Rupp | Member-at-Large | 1 | — |
| Amy Yelland | Dir, Sec | 1 | — |
| Steven Yelland | Dir, Pres, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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