Principio Furnace Foundation Inc
Preselected recipients only
Principio Furnace Foundation Inc is a private foundation in Perryville, Maryland. In tax year 2024 it gave $6,509 in 5 grants; the typical grant was $500 and the largest $4,673. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$6,509
- Number of grants5
- Typical grant$500
- Largest grant$4,673
- Assets$268,549
- New grantees20%
Giving in 2024 was down from $36,661 the year before.
20% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $36,661 | 9 | $229,631 |
| 2024 | $6,509 | 5 | $268,549 |
How to apply
Principio Furnace Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Principio Furnace Foundation Inc funds
Where it gives
All of its grants went to recipients in Maryland.
| State | Grants | Amount |
|---|---|---|
| Maryland | 5 | $6,509 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Charlestown Elementary School | General operations | $4,673 |
| Cecil College Foundation | Yearly donation | $525 |
| Perryville Fire Dept | General operations | $500 |
| Freedom Hills | Therapeutic riding program | $461 |
| Youth Empowerment Services | General operations | $350 |
Officers and trustees
- Gary A Stewart Jr
- Jeremy Lynch
- Sarah Warrington Colenda
Questions people ask
Does Principio Furnace Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Principio Furnace Foundation Inc give?
$6,509 in tax year 2024, across 5 grants, with a typical grant of $500.
Who runs Principio Furnace Foundation Inc?
Its 2024 filing lists Gary A Stewart Jr (President), Jeremy Lynch (Treasurer) and Sarah Warrington Colenda (Secretary).
What does Principio Furnace Foundation Inc fund?
Based on its grants, mainly education.