Five Below Foundation
Invitation OnlyPhiladelphia, Pennsylvania · EIN 82-5406623 · Private foundation
Grants paid (2024)$1.1M
Organizations funded28
Typical grant$20,000
Total assets$3.3M
Half of its grants to organizations were between $6,000 and $25,000.
From the return
How to apply
On its return for tax year 2024 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
53% of grants went outside Pennsylvania.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Reading Partners | Oakland, CA | General support | $300,000 |
| Boys and Girls Club of America | Atlanta, GA | General support | $150,000 |
| Make a Wish Foundation of America | Phoenix, AZ | General support | $100,000 |
| Eagles Autism Challenge | Philadelphia, PA | General support | $75,000 |
| Girls on the Run | Philadelphia, PA | General support | $60,000 |
| The Malcolm Jenkins Foundation | Piscataway, NJ | General support | $50,000 |
| Ch Pennsylvania Under 21 | Philadelphia, PA | General support | $25,000 |
| Cradles to Crayons | Boston, MA | General support | $25,000 |
| Eluna | Philadelphia, PA | General support | $25,000 |
| Philabundance | Philadelphia, PA | General support | $25,000 |
| Philadelphia Youth Basketball | Philadelphia, PA | General support | $25,000 |
| The Childrens Hospital of Philadelphia Foundation | Philadelphia, PA | General support | $25,000 |
| The Fund for the School District of Philadelphia | Philadelphia, PA | General support | $25,000 |
| Unlocke the Light Foundation | Newark, DE | General support | $25,000 |
| Operation Warm | Mount Laurel, NJ | General support | $20,000 |
| The Fishing School | Ne Washington, DC | General support | $20,000 |
| American Humane Association | Washington, DC | General support | $15,000 |
| Leveling the Playing Field | Washington, DC | General support | $15,000 |
| YMCA of Metrpolitan LA | Los Angeles, CA | General support | $15,000 |
| The Nemours Foundation | Jacksonville, FL | General support | $10,000 |
| Transplant Foundation | Philadelphia, PA | General support | $10,000 |
| Bounce Children's Foundation | Deerfield, IL | General support | $6,000 |
| Support Center for Child Advocates | Philadelphia, PA | General support | $5,000 |
| First Tee of Greater Philadelphia Inc | Philadelphia, PA | General support | $5,000 |
| Building Bridges for Brianna | Dallastown, PA | General support | $5,000 |
| Singing City | Philadelphia, PA | General support | $5,000 |
| The Church of the Good Shepherd Cherry Hill | Cherry Hill, NJ | General support | $4,500 |
| Tara Miller Melanoma Foundation | Margate, NJ | General support | $2,500 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $1,073,000 | 28 |
| 2023 | $506,750 | 26 |
Sources
- IRS Form 990-PF, tax year 2024, filed Dec 4, 2025 - IRS e-file batch, object ID 202503389349100705
- IRS Tax Exempt Organization Search for EIN 82-5406623
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.