Centre Foundation Inc.

Fiscal year ending 2024. Filed on November 13, 2025.

1377 Ridge Master Drive
State College, Pennsylvania 16803

Centre Foundation Inc. (EIN: 25-1782197) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Centre Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 10 total employees. Among the employees shown here, the average compensation is $169,497. The highest compensated employee at Centre Foundation Inc. is Molly Kunkel with fiscal year 2024 compensation of $179,293. Centre Foundation Inc. changed its name from Centre County Community Foundation Inc. in 2022.

Revenue, expenses, and employee compensation

Revenue

$8,389,686

Expenses

$7,253,338

Employee compensation

$911,345

Reported Compensated Employees

Molly Kunkel

President and Chief Executive Officer

$179,293

$170,111 from orgNo related comp$9,182 other

Carrie Ryan

Chief Financial Officer and Chief Operating Officer

$159,700

$144,142 from orgNo related comp$15,558 other

Non-Employee Board Members

Vice Chair and Secretary

Mission Statement

CENTRE FOUNDATION FORMED TO RECEIVE, HOLD AND ADMINISTER FUNDS FOR THE BENEFIT OF THE COMMUNITY. ENDOWMENT FUNDS GENERATE EARNINGS FOR GRANTS TO LOCAL 501(C)(3) ORGANIZATIONS FOR THE BENEFIT OF ARTS, HUMANITIES, CULTURE, EDUCATION, RECREATION AND SOCIAL SERVICE AGENCIES IN CENTRE COUNTY PENNSYLVANIA AND SURROUNDING REGIONS.