Principio Furnace Foundation Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Principio Furnace Foundation Inc. Data shown is extracted from Form 990-PF filings.

EIN: 52-2325524

Foundation Overview

Based in Perryville, MD, Principio Furnace Foundation Inc has awarded 93 grants totaling $230,214 to organizations in Maryland. Individual grants range from $50 to $9,000, with a median award of $1,478.

Latest Tax Year
2024
Total Giving (all years)
$230,214
Total Assets
$268,549
Median Grant (all grants)
$1,478

Latest Form 990-PF Snapshot

Total Grants
5
Median Grant
$500
% Median Grant Decline
-89% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: May 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Relationship-Focused: 20%

1 of 5 recipients (20%) were new grantees. Foundation strongly favors organizations with proven track records. New partnerships develop slowly over time.

Geographic Focus
Maryland

100% of all grants are concentrated in Maryland, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Maryland, funding concentrates in Elkton (25%), Aberdeen (17%), North East (15%).

Funding Trajectory
-56%

Declining funding trend with 56% decrease over 8 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
General Purposes

Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Principio Furnace Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Cecil College Foundation $525 North East, MD, US Yearly Donation 2024
Charlestown Elementary School $4,673 Charlestown, MD, US General Operations 2024
Freedom Hills $461 Port Deposit, MD, US Therapeutic Riding Program 2024
Perryville Fire Dept $500 Perryville, MD, US General Operations 2024
Youth Empowerment Services $350 Elkton, MD, US General Operations 2024
Boy's And Girl's Club Of Cecil County $4,704 Aberdeen, MD, US General Operations 2023
Cecil College Foundation $5,225 North East, MD, US Yearly Donation 2023
Charlestown Elementary School $1,830 Charlestown, MD, US General Operations 2023
Freedom Hills $1,902 Port Deposit, MD, US Therapeutic Riding Program 2023
Habitat For Humanity Susquehanna $5,000 Bel Air, MD, US General Operations 2023
Perryville High School $7,000 Perryville, MD, US General Operations 2023
The Arc $2,000 Aberdeen, MD, US General Operations 2023
Ymca Of Cecil County $1,000 Elkton, MD, US General Operations 2023
Youth Empowerment Services $8,000 Elkton, MD, US General Operations 2023
Boy's And Girl's Club Of Cecil County $4,704 Aberdeen, MD, US General Operations 2023
Cecil College Foundation $5,225 North East, MD, US Yearly Donation 2023
Charlestown Elementary School $1,830 Charlestown, MD, US General Operations 2023
Freedom Hills $1,902 Port Deposit, MD, US Therapeutic Riding Program 2023
Habitat For Humanity Susquehanna $5,000 Bel Air, MD, US General Operations 2023
Perryville High School $7,000 Perryville, MD, US General Operations 2023
The Arc $2,000 Aberdeen, MD, US General Operations 2023
Ymca Of Cecil County $1,000 Elkton, MD, US General Operations 2023
Youth Empowerment Services $8,000 Elkton, MD, US General Operations 2023
Cecil County Christmas Parade $2,657 North East, MD, US General Operations 2022
Cecil College Foundation $1,000 North East, MD, US Yearly Donation 2022
Freedom Hills $1,000 Port Deposit, MD, US Therapeutic Riding Program 2022
Habitat For Humanity Susquehanna $5,000 Bel Air, MD, US General Operations 2022
Perryville High School $1,000 Perryville, MD, US General Operations 2022
The Arc $2,000 Aberdeen, MD, US General Operations 2022
Ymca Of Cecil County $1,000 Elkton, MD, US General Operations 2022
Youth Empowerment Services $8,000 Elkton, MD, US General Operations 2022
Cecil County Christmas Parade $2,657 North East, MD, US General Operations 2022
Cecil College Foundation $1,000 North East, MD, US Yearly Donation 2022
Freedom Hills $1,000 Port Deposit, MD, US Therapeutic Riding Program 2022
Habitat For Humanity Susquehanna $5,000 Bel Air, MD, US General Operations 2022
Perryville High School $1,000 Perryville, MD, US General Operations 2022
The Arc $2,000 Aberdeen, MD, US General Operations 2022
Ymca Of Cecil County $1,000 Elkton, MD, US General Operations 2022
Youth Empowerment Services $8,000 Elkton, MD, US General Operations 2022
Cecil County Christmas Parade $2,657 North East, MD, US General Operations 2022
Cecil College Foundation $1,000 North East, MD, US Yearly Donation 2022
Freedom Hills $1,000 Port Deposit, MD, US Therapeutic Riding Program 2022
Habitat For Humanity Susquehanna $5,000 Bel Air, MD, US General Operations 2022
Perryville High School $1,000 Perryville, MD, US General Operations 2022
The Arc $2,000 Aberdeen, MD, US General Operations 2022
Ymca Of Cecil County $1,000 Elkton, MD, US General Operations 2022
Youth Empowerment Services $8,000 Elkton, MD, US General Operations 2022
Boy's And Girl's Club Of Cecil County $6,535 Aberdeen, MD, US General Operations 2021
Cecil College Foundation $4,500 North East, MD, US Yearly Donation 2021
Charlestown Elementary School $1,629 Charleston, MD, US General Operations 2021
Freedom Hills $1,000 Port Deposit, MD, US Therapeutic Riding Program 2021
Habitat For Humanity Susquehanna $7,500 Bel Air, MD, US General Operations 2021
The Arc $1,000 Aberdeen, MD, US General Operations 2021
Ymca Of Cecil County $1,000 Elkton, MD, US General Operations 2021
Youth Empowerment Services $9,000 Elkton, MD, US General Operations 2021
Perryville High School $200 Perryville, MD, US General Operations 2021
Boy's And Girl's Club Of Cecil County $2,007 Aberdeen, MD, US General Operations 2020
Cecil College Foundation $1,000 North East, MD, US Yearly Donation 2020
Chesapeake Heritage Conservancy $2,000 Havre De Grace, MD, US General Operations 2020
Freedom Hills $1,000 Port Deposit, MD, US Therapeutic Riding Program 2020
Habitat For Humanity Susquehanna $1,000 Bel Air, MD, US General Operations 2020
The Arc $1,000 Aberdeen, MD, US General Operations 2020
Ymca Of Cecil County $3,889 Elkton, MD, US General Operations 2020
Youth Empowerment Services $100 Elkton, MD, US General Operations 2020
Charlestown Elementary School $1,214 Charleston, MD, US General Operations 2020
Bepac $150 Elkton, MD, US General Operations 2018
Boy's And Girl's Club Of Cecil County $1,478 Aberdeen, MD, US General Operations 2018
Cecil College Foundation $1,000 North East, MD, US Yearly Donation 2018
Charlestown Elementry School $1,137 Charlestown, MD, US General Operations 2018
Chesapeake Heritage Conservancy $2,000 Havre De Grace, MD, US General Operations 2018
Elkton Central Library $805 Elkton, MD, US General Operations 2018
Freedom Hills $1,000 Port Deposit, MD, US Therapeutic Riding Program 2018
Habitat For Humanity Susquehanna $1,000 Bel Air, MD, US General Operations 2018
The Arc $1,000 Aberdeen, MD, US General Operations 2018
West Cecil Health Center $1,000 Conowingo, MD, US General Operations 2018
Ymca Of Cecil County $2,500 Elkton, MD, US General Operations 2018
Youth Empowerment Services $2,971 Elkton, MD, US General Operations 2018
Bepac $50 Elkton, MD, US General Operations 2017
Cecil College Foundation $1,000 North East, MD, US Yearly Donation 2017
Ryan's Birthday Party Foundation Inc $500 Colora, MD, US General Operations 2017
Freedom Hills $750 Port Deposit, MD, US Therapeutic Riding Program 2017
Habitat For Humanity Susquehanna $1,000 Bel Air, MD, US General Operations 2017
The Arc $1,000 Aberdeen, MD, US General Operations 2017
Ymca Of Cecil County $2,500 Elkton, MD, US General Operations 2017
Boy's And Girl's Club Of Cecil County $2,297 Aberdeen, MD, US General Operations 2017
Cecil College Foundation $1,000 North East, MD, US Yearly Donation 2016
Chesapeake Heritage Conservancy Inc $2,000 Havre De Grace, MD, US General Operations 2016
Habitat For Humanity Susquehanna $6,000 Bel Air, MD, US General Operations 2016
The Arc $1,500 Aberdeen, MD, US General Operations 2016
Ymca Of Cecil County $2,400 Elkton, MD, US General Operations 2016
Freedom Hills $750 Port Deposit, MD, US Therapeutic Riding Program 2016
Perryville Middle School $1,000 Perryville, MD, US Destination Imagination 2016
Bepac $50 Elkton, MD, US General Operations 2016

Foundations Similar to Principio Furnace Foundation Inc

Discover 5 foundations with comparable assets ($265,570-$270,503), similar grant patterns, and geographic focus in MD that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 87-1460806 | 8 grants awarded
$268,000
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$1,250
median grant
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Same state
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EIN: 31-1674132 | 80 grants awarded
$267,863
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$1,500
median grant
Baltimore, MD
Same state
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EIN: 26-1835493 | 21 grants awarded
$270,503
(≈ Similar)
$2,000
median grant
Baltimore, MD
Same state
100%
Excellent match

EIN: 52-2165377 | 162 grants awarded
$266,502
(≈ Similar)
$1,000
median grant
Owings Mills, MD
Same state
100%
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EIN: 52-2037182 | 50 grants awarded
$265,570
(≈ Similar)
$2,500
median grant
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Contact Information

Official contact details for Principio Furnace Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 52-2325524
Website N/A
Address 31 WARRINGTON RD Perryville, MD 21903-1722

Key People (3)

Board members, trustees, and key staff who oversee Principio Furnace Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President Gary A Stewart Jr
Treasurer Jeremy Lynch
Secretary Sarah Warrington Colenda

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Principio Furnace Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated May 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.