Centre Foundation

Centre Foundation

State College, PA 16803
Tax ID25-1782197

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About this organization

Revenue

$10,501,287

Expenses

$3,572,708

Mission

To inspire and facilitate a culture of giving which creates a vibrant community.

About

Centre Foundation believes in the organizations that are creating a better future for Centre County and the donors who support them. We work to inspire philanthropy, build endowments, create community engagement, strengthen organizations through training and research, fund transformative projects, and convene effective partnerships around community issues. Each year, Centre Foundation distributes grants to over 200 organizations. Programs support all kinds of work, across all nonprofit sectors and focuses including: arts, humanities, culture, education, social services and conservation. We provide annual community support through our innovative giving and granting programs including: Centre Gives, Centre Inspires, Centre Pact, giving circle, field of interest grants, and scholarships to universities and trade schools. Centre Foundation is accredited through the national standards for U.S. community foundations.

Interesting data from their 2020 990 filing

The non-profit's aim, as indicated in the filing, is “Community foundation formed to receive, hold and administer funds for the benefit of the community. endowment funds generate earnings for grants to local 501(c)(3) organizations for the benefit of arts, humanities, culture, education, recreation and social service agencies in centre county pennsylvania and surrounding regions.”.

When referring to its functions, they were specified as: “To inspire and facilitate a culture of giving which creates a vibrant community.”.

  • The non-profit has reported their operating state as PA, as required by law.
  • As stated in the filing, the non-profit's address in 2020 was 1377 RIDGE MASTER DRIVE, STATE COLLEGE, PA, 16803.
  • The non-profit's form reports a total of 7 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $6,928,579.
  • The organization has 16 independent voting members.
  • The organization was formed in 1995.
  • The organization pays $413,191 in salary, compensation, and benefits to its employees.
  • The organization pays $190,202 in fundraising expenses.

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