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Also known as: Foundation Inc
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Alfred E And Marylynn@Festa Family Foundation Inc. is a private corporation based in MIDLOTHIAN, VA. The foundation received its IRS ruling in 2017. The principal officer is Hortenstine And Mccown Cpas Pc. It holds total assets of $6.1M. Annual income is reported at $2.9M. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. Funding is distributed across 6 states, including Maryland, District of Columbia, Florida. According to available records, Alfred E And Marylynn@Festa Family Foundation Inc. has made 25 grants totaling $2.1M, with a median grant of $20K. Annual giving has grown from $480K in 2021 to $1.6M in 2022. Individual grants have ranged from $10K to $625K, with an average award of $83K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Maryland, Virginia, New York, which account for 84% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$25K
Average Grant
$101K
Largest Grant
$350K
Based on 7 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.
Alfred E And Marylynn@Festa Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in MD, VA, NY.
Alfred E And Marylynn@Festa Family Foundation Inc. has distributed a total of $2.1M across 25 grants. The median grant size is $20K, with an average of $83K. Individual grants have ranged from $10K to $625K.
Alfred E And Marylynn@Festa Family Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (813794716) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Alfred E And Marylynn@Festa Family Foundation Inc. is headquartered in MIDLOTHIAN, VA. While based in VA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marylynn Festa | Director | $0 | $0 | N/A |
| Kaitlyn M Festa | Director | $0 | $0 | N/A |
| Kyle A Festa | Director | $0 | $0 | N/A |
| Fred Festa | Director | $0 | $0 | N/A |
| Colleen Festa Wingate | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$6.1M
Fair Market Value
N/A
Net Worth
$6.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
25
Total Giving
$2.1M
Average Grant
$83K
Median Grant
$20K
Unique Recipients
13
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Us Naval AcademyEducation | Annapolis, MD | $625K | 2022 |
| The Childrens HospitalMedical Research | Richmond, VA | $50K | 2022 |
| Oswego College FoundationCommunity Assistance | Oswego, NY | $50K | 2022 |
| George W Yu FoundationMedical Research | Annapolis, MD | $20K | 2022 |
| Cystic Fibrosis FoundationMedical Research | Richmond, VA | $20K | 2022 |
| William And Mary Athletic FoundatioCommunity Assistance | Williamsburg, VA | $10K | 2022 |
| Laughlin Family FoundationCommunity Assistance | Gambrills, MD | $10K | 2022 |
| Blue AngelsCommunity Assistance | Pensacola, FL | $10K | 2022 |
| Lupus Foundation Of AmericaMedical Research | Washington, DC | $100K | 2021 |
| The Generals KidsCommunity Assistance | Powhatan, VA | $25K | 2021 |
| Rick Herrema FoundationCommunity Assistance | Fayetteville, NC | $15K | 2021 |
| Virginians For VeteransCommunity Assistance | Midlothian, VA | $10K | 2021 |
| Spur'N Up HopeCommunity Assistance | Amelia Court House, VA | $10K | 2021 |