Private foundation · EIN 47-2627091 · W Lafayette, Indiana · Philanthropy & grantmaking

Prospect Foundation Inc

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2023 Form 990-PF: 5 grants paid, $69K total, median $10K. 40% of grants stayed in Indiana.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2023
5
$69K
Median grant
$10K
Stays in IN
40%
of grants
Deadline
—
Assets
$3.0M

Grants paid in 2023

5 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Future InitiativeWest Lafayette, INcharitable$34K
Stuart Country Day School in New JerseyPrinceton, NJEducational$10K
Indiana University FoundationBloomington, INcharitable$10K
Emory UniversityAtlanta, GAEducational$10K
New York Medical CollegeValhalla, NYEducational$5,000

By state: Indiana 2 · New Jersey 1 · Georgia 1 · New York 1

About this foundation

Prospect Foundation Inc is a private grantmaking foundation in W Lafayette, Indiana, administered in care of Qin Yang, tax-exempt since 2015. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Prospect Foundation Inc accept grant applications?

No. On its 2023 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Prospect Foundation Inc give each year?

In tax year 2023 it paid $69K across 5 grants, a median of $10K.

Where does Prospect Foundation Inc give?

Indiana (2 grants), New Jersey (1 grants), Georgia (1 grants) and elsewhere, per its latest filing.

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