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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Foundation Property Inc.

Foundation Property Inc.

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

1377 Ridge Master Drive
State College, Pennsylvania 16803

Foundation Property Inc. (EIN: 25-1873198) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Foundation Property Inc., a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $179,293. The highest compensated employee at Foundation Property Inc. is Molly Kunkel with fiscal year 2024 compensation of $179,293.

Revenue, expenses, and employee compensation

Revenue

$13,405

Expenses

$20,773

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Molly Kunkel
President and Chief Executive Officer
$179,293
$0 $170,111 $9,182

Benchmark Employee Compensation

Non-Employee Board Members

Cari Gustafson
Secretary
Ellen Kline
Director
Joe Dionisio
Treasurer
Kate Bennett Truitt
Director
Tom Songer
Chair

Mission Statement

THE PURPOSE OF THE CORPORATION IS TO RECEIVE GIFTS FROM THE PUBLIC, AND USE THOSE GIFTS TOGETHER WITH PART OR ALL OF THE INCOME AND/OR APPRECIATION TO MAKE GRANTS TO OR IN SUPPORT OF NON-PROFIT ORGANIZATIONS WHO ARE EXEMPT FROM TAX UNDER IRC SECTION 501 (C)(3)

Revisions to this organization profile

November 13, 2025:
2024 Foundation Property Inc. 990 filed
November 12, 2024:
2023 Foundation Property Inc. 990 filed
November 14, 2023:
2022 Foundation Property Inc. 990 filed

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