The Indiana State Capitol

Form 990-PFTax year 2023EIN 47-2627091

Prospect Foundation Inc

A private foundation in West Lafayette, IN. Its return for tax year 2023 lists 5 grants and $69,000 paid in grants.

Tax year 2023 (period ending Nov 30, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2023

    $69,000

    Grants listed
    5
    Assets, end of year
    $3,040,241
  • Tax year 2022

    $49,000

    Grants listed
    6
    Assets, end of year
    $2,843,775
  • Tax year 2021

    $27,000

    Grants listed
    5
    Assets, end of year
    $2,687,007
  • Tax year 2020

    $53,000

    Grants listed
    4
    Assets, end of year
    $1,997,490
  • Tax year 2019

    $25,500

    Grants listed
    6
    Assets, end of year
    $1,602,053

Grants paid in 2023

5 grants, largest first

As listed on the return.

  1. Future InitiativeW Lafayette, IN

    charitable

    $34,000
  2. Stuart Country Day School in New JerseyPrinceton, NJ

    Educational

    $10,000
  3. Indiana University FoundationBloomington, IN

    charitable

    $10,000
  4. Emory UniversityAtlanta, GA

    Educational

    $10,000
  5. New York Medical CollegeValhalla, NY

    Educational

    $5,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking1 grant $34,00077% of the total
  2. Education1 grant $10,00023% of the total

By State

Grants to organizations with a US address, latest year.

  1. Indiana2 grants $44,000
  2. Georgia1 grant $10,000
  3. New Jersey1 grant $10,000
  4. New York1 grant $5,000

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Qin YangCEO Hours 2Pay $0
  • Cheng DuCFO Hours 2Pay $0

The return

More foundations

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