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74 Foundation Inc. is a private corporation based in MANHATTAN BCH, CA. The foundation received its IRS ruling in 2017. It holds total assets of $139K. Annual income is reported at $173K. Total assets have decreased from $216K in 2019 to $139K in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. The foundation primarily funds organizations in Illinois, Virginia and Indiana. According to available records, 74 Foundation Inc. has made 16 grants totaling $128K, with a median grant of $2K. Annual giving has decreased from $24K in 2021 to $6K in 2023. Grantmaking activity was highest in 2022 with $98K distributed across 10 grants. Individual grants have ranged from $2K to $20K, with an average award of $8K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Virginia, Indiana, Utah, which account for 75% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$8K
Largest Grant
$20K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
74 Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in VA, IN, UT.
74 Foundation Inc. has distributed a total of $128K across 16 grants. The median grant size is $2K, with an average of $8K. Individual grants have ranged from $2K to $20K.
74 Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
74 Foundation Inc. is headquartered in MANHATTAN BCH, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Castonzo | Director | $0 | $0 | N/A |
| William Castonzo Ii | Director | $0 | $0 | N/A |
| Anthony S Castonzo | Secretary | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$139K
Fair Market Value
N/A
Net Worth
$139K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$128K
Average Grant
$8K
Median Grant
$2K
Unique Recipients
7
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christopher D Redding Youth Asthma FoundEducational Support | Lake Zurich, IL | $2K | 2023 |
| Indy HumaneAnimal Rescue Support | Indianapolis, IN | $2K | 2023 |
| Timmy Global HealthMedical Research | Greenwood, IN | $2K | 2023 |
| Fork Union Military AcademyEducational Support | Fork Union, VA | $20K | 2022 |
| Best Friends Animal SocietyAnimal Rescue Support | Kanab, UT | $13K | 2022 |
| Kids Voice Of IndianaCommunity Social Services | Indianapolis, IN | $2K | 2022 |
| Christopher D Redding Youth AsthmaEducational Support | Lake Zurich, IL | $2K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA