This fund appears to be focused on sustaining and reorganizing its own institutional infrastructure and supporting nearby senior housing/long‑term care providers. The majority of giving was a very large one‑time transfer to create the Saunders House Foundation, with a secondary substantial grant used to forgive debt for Bryn Mawr Terrace, a regional eldercare community. Gifts suggest a local, mission‑driven emphasis on supporting older adult services and ensuring financial stability of affiliated or nearby care providers.
Highly concentrated, one‑time large grants: primarily a major organizational transfer to establish an affiliated foundation, plus a single large debt‑forgiveness award; few grants overall and focused on institutional/organizational stability rather than many small grants.
$31.4M
$7M
$21.3M
$39.4M
Most grants fall between $10.1M and $21.3M, with a median of $15.7M.
25th Percentile
$10.1M
Median
$15.7M
75th Percentile
$21.3M
About 100% of grants go to recipients in PA.
JOHN FREDERICKS
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Notable grantees: Saunders House Foundation, Bryn Mawr Terrace
2024
Source: IRS Form 990-PF, fiscal year 2024.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| SAUNDERS HOUSE FOUNDATION | COLLEGEVILLE, PA | $26,878,551 | 2024 | CREATION OF THE SAUNDERS HOUSE FOUNDATION |
| BRYN MAWR TERRACE | BRYN MAWR, PA | $4,488,587 | 2024 | FORGIVENESS OF DEBT |
SAUNDERS HOUSE FOUNDATION
$26,878,551CREATION OF THE SAUNDERS HOUSE FOUNDATION
BRYN MAWR TERRACE
$4,488,587FORGIVENESS OF DEBT