EIN 23-2186644

Pennsylvania College of Technology Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1981
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Pennsylvania College of Technology Foundation operates with a mission to secure financial and other types of support to assist the college in providing hands-on technical education. The foundation administers over 350 scholarship funds that support various majors, some of which were established in honor or memory of Penn College alumni, students, faculty, and friends. Additionally, partnerships with business and industry are a longstanding aspect of the foundation's work.
Total revenues
$3,806,126
2023
Total expenses
$2,087,140
2023
Total assets
$27,419,929
2023
Num. employees
0
2023

Program areas at Pennsylvania College of Technology Foundation

The Foundation currently administers more than 350 scholarship funds, supporting various majors, some of which were established in honor or memory of penn College alumni, students, faculty, and friends. Partnerships with business and industry are a long-standing tradition of Pennsylvania College of Technology (pct) and the Foundation works to develop and sustain mutually beneficial relationships with business and industry. These partnerships are integral to providing our students with the level of instruction needed to support workforce requirements. Continued on schedule o.program service expenditures represent grant allocations and expenses provided to pct for the benefit of students through direct financial assistance in the form of scholarships; the enhancement of academic programs, including the subsidizing of equipment and Technology purchases, and the funding of experiential learning opportunities; the support of k-12 outreach efforts; and the supplemental funding of the madigan library and the dr. welch workshop-a makerspace at penn College.

Grants made by Pennsylvania College of Technology Foundation

GranteeGrant descriptionAmount
Pennsylvania College of TechnologyTo Support the Programs, Services, and Activities of PCT, It's Facilities, Staff, and Students.$841,499

Who funds Pennsylvania College of Technology Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Upmc GroupGeneral Support$102,500
The Brook J Lenfest FoundationLenfest Scholars Program$99,935
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$41,275
...and 6 more grants received

Personnel at Pennsylvania College of Technology Foundation

NameTitleCompensation
Kyle A SmithExecutive Director$74,147
Christopher E KeiserSecretary$0
Raymond R MattieSecond Vice Chairperson$0
Linda K AlbertsFirst Vice Chairperson$0
Loni N KlineDirector and Vice President College Relati$43,427
...and 6 more key personnel

Financials for Pennsylvania College of Technology Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,772,021
Program services$0
Investment income and dividends$796,567
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$257,661
Net income from fundraising events$-20,123
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,806,126

Form 990s for Pennsylvania College of Technology Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-27990View PDF
2022-062023-04-25990View PDF
2021-062022-03-24990View PDF
2020-062021-04-14990View PDF
2019-062020-08-26990View PDF
...and 9 more Form 990s

Organizations like Pennsylvania College of Technology Foundation

OrganizationLocationRevenue
Barton County Community College FoundationGreat Bend, KS$2,226,558
Danville Community College Educational FoundationDanville, VA$1,971,956
Sterling Schools FoundationSterling, IL$1,221,484
Morehead State University FoundationMorehead, KY$6,483,169
Chadron State FoundationChadron, NE$2,681,948
Northwest Florida State College FoundationNiceville, FL$4,377,130
Bristol Community College FoundationFall River, MA$2,292,691
Vincennes University FoundationVincennes, IN$4,521,962
Rend Lake College FoundationIna, IL$1,499,624
Union County College FoundationCranford, NJ$2,036,985
Data update history
May 17, 2024
Updated personnel
Identified 2 new personnel
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $1,130 from AmazonSmile Foundation
November 26, 2023
Received grants
Identified 3 new grant, including a grant for $23,000 from RPM Foundation
September 23, 2023
Received grants
Identified 2 new grant, including a grant for $25,000 from Little League Baseball - Parent Org Do Not Change Address
July 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsState / local levelEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
1 College Ave
Williamsport, PA 17701
Metro area
Williamsport, PA
County
Lycoming County, PA
Website URL
pct.edu/ 
Phone
(570) 320-8020
IRS details
EIN
23-2186644
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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