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SCRANTON AREA FOUNDATION INC

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Public nonprofit record

SCRANTON AREA FOUNDATION INC

EIN 23-2890364 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

SCRANTON AREA FOUNDATION STRIVES to ENHANCE THE QUALITY of LIFE IN NORTHEASTERN PENNSYLVANIA AS A STEWARD, BY DEVELOPING and MANAGING PERMANENT ENDOWMENT FUNDS; AS A GRANTMAKER, BY GIVING SUPPORT to ENABLE THE COMMUNITY to RESPOND to EMERGING and CHANGING NEEDS and OPPORTUNITIES; AS A CHARITABLE RESOURCE, BY ENCOURAGING and EDUCATING DONORS and PROVIDING A FLEXIBLE VEHICLE for INDIVIDUAL DONORS, NON-PROFIT ORGANIZATIONS and THE COMMUNITY AT LARGE; AS A CATALYST, BY MOBILIZING COMMUNITY LEADERSHIP IN RESPONSE to ISSUES. IT is A CHARITABLE RESOURCE THAT HAS BEEN CREATED BY and for THE PEOPLE of NORTHEASTERN PENNSYLVANIA to ASSIST DONORS to BUILD and SUSTAIN THEIR COMMUNITY WHILE CARRYING OUT THEIR CHARITABLE INTENT.

Money

Financial picture

Tax year 2024
Revenue$13,674,591
Expenses$9,975,201
Assets$73,472,109
Income$22,939,399
Contributions$9,939,672
Grants given$12,112,194
Average grant$20,120
Management$631,999
Executive compensation$159,502
Stocks and bonds$68,606,151
Accounting fees$25,250
Investing fees$298,756

About this charity

Recognized since
January 1997
Location
612 JEFFERSON AVENUE, SCRANTON, PA 18510
County
Lackawanna
In care of
LAURA DUCCESCHI
Primary officer
LAURA DUCCESCHI, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
MMQ & ASSOCIATES PC
NTEE classification
Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category
Grantmaking Foundations
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Activity
602000000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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