Ben Franklin Technology Partners Ne Pa

BETHLEHEM, PA EIN: 23-2517422 Website

OUR MISSION IS TO PROMOTE, SUSTAIN AND INVEST IN THE TRANSFORMATION OF OUR REGIONAL ECONOMY THROUGH INNOVATION AND PARTNERING. WE BUILD LONG-TERM RELATIONSHIPS WITH OUR CLIENTS BY APPLYING EXPERTISE, CREATIVITY, AND FOCUSED RESOURCES TO ADDRESS BUSINESS CHALLENGES. AS THE COMMONWEALTH'S TECHNOLOGY LEADER, WE LEVERAGE OUR CREDIBILITY AND DISTINCTIVENESS TO PROMOTE HIGH-VALUE BUSINESS GROWTH AND ECONOMIC DEVELOPMENT.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$66.3M

+0.3% YoY

Annual Giving

$479K

+18.9% YoY

Grant Count

28

+7.7% YoY

Avg Grant Size

$17K

+10.4% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$14M20202021202220232024
Metric202420232022
Total Assets$66,334,468$66,138,901$62,281,890
Revenue$9,957,018$9,432,353$12,276,721
Expenses$11,762,513$10,938,433$7,869,096
Qualifying Distributions
Net Investment Income$1,868,202$1,587,995$6,995,583
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$201K$402K$603K$804K37 grants202035 grants202118 grants202226 grants202328 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FOLLETT$48KBOND METAL SURPLUS INC$35KFM BROWN$25KHUMAN ACTIVE TECHNOLOGY$25KPOWERRAIL$25KPRECISION MEDICAL$25KSILBERLINE MANUFACTURING$25KEAM MOSCA$22KLEVAN MACHINE CO$21KUNIVERSAL COMPRESSED AIR$21K

Grant Size Distribution

144 grants across all recorded years

144<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Ben Franklin Technology Partners Ne Pa fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Angelo J VallettaCEO/President$311KKathy Ann MinnichEVP/CAO/CFO/Treasurer/Secy$193KWayne BarzCIO/Asst Treasurer/Asst Secy$155KKenneth OkrepkieRegional Mgr Pocono$128KMelanie KohlerChief Technology Officer$123K

From 2024 filing

NameTitleHoursCompensation
Nathaniel UrbanBoard Member2
Angelo J VallettaCEO/President40$311,092
Kathy Ann MinnichEVP/CAO/CFO/Treasurer/Secy40$192,584
Wayne BarzCIO/Asst Treasurer/Asst Secy40$154,669
Kenneth OkrepkieRegional Mgr Pocono40$127,707
Melanie KohlerChief Technology Officer40$123,126
Barbara LampeVice Chairman2
Jan HellerBoard Chairman2
Kenneth P GuitoBoard Member2
Patricia JohnsonBoard Member2
R Chadwick Paul JrBoard Member2
Glen BressnerBoard Member2
Robert OsterBoard Member2
Dr Jill MurrayBoard Member2
Philip Crowley EsqBoard Member2
Jacqueline HollenbachBoard Member2
Eric SchnabelBOARD MEMBER BEGAN JUNE 20232
David VawdreyBOARD MEMBER BEGAN SEP 20232

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

AllentownBallyBathBernvilleBerwickBethlehemBirdsboroBlandonBoyertownCarbondaleCenter ValleyDuryeaEast StroudsburgEastonFleetwoodGilbertsvilleHamburgHarrisburgHazelHonesdale

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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