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Arc Foundation Inc. is a private corporation based in ALLENTOWN, NJ. The foundation received its IRS ruling in 1992. It holds total assets of $443K. Annual income is reported at $82K. Total assets have grown from $78K in 2011 to $401K in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2018 to 2023. Grantmaking is concentrated in New Jersey. According to available records, Arc Foundation Inc. has made 103 grants totaling $123K, with a median grant of $900. The foundation has distributed between $26K and $66K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $66K distributed across 54 grants. Individual grants have ranged from N/A to $3K, with an average award of $1K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in New Jersey, New York, Florida, which account for 81% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$1K
Average Grant
$1K
Largest Grant
$3K
Based on 26 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.
Arc Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 103 grants. Its grantmaking reaches organizations primarily in NJ, NY, FL.
Arc Foundation Inc. has distributed a total of $123K across 103 grants. The median grant size is $900, with an average of $1K. Individual grants have ranged from N/A to $3K.
Requests for funds to support charitable activities that further the foundation's purpose will be considered. Normally the foundation will not consider requests for general fundraising drives.
Arc Foundation Inc. is headquartered in ALLENTOWN, NJ. While based in NJ, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| August Fasolino Jr | TRUSTEE | $0 | $0 | N/A |
| Cheryle Fasolino | TRUSTEE | $0 | $0 | N/A |
| Shelley Stroehlein | TRUSTEE | $0 | $0 | N/A |
Total Giving
$27K
Total Assets
$401K
Fair Market Value
$209K
Net Worth
$401K
Grants Paid
$26K
Contributions
$57K
Net Investment Income
$8K
Distribution Amount
$18K
Total Grants
103
Total Giving
$123K
Average Grant
$1K
Median Grant
$900
Unique Recipients
33
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyCHARITABLE | Trenton, NJ | $2K | 2023 |
| Parish Of St Isidore The FarmerCHARITABLE | New Egypt, NJ | $3K | 2023 |
| FulfillCHARITABLE | Neptune, NJ | $2K | 2023 |
| Trenton Area Soup KitchenCHARITABLE | Trenton, NJ | $2K | 2023 |
| HomefrontCHARITABLE | Lawrenceville, NJ | $2K | 2023 |
| Ocean'S Harbor HouseCHARITABLE | Toms River, NJ | $2K | 2023 |
| OasisCHARITABLE | Paterson, NJ | $2K | 2023 |
| Lunch BreakCHARITABLE | Red Bank, NJ | $2K | 2023 |
| Mercer Street Friends FoodbankCHARITABLE | Trenton, NJ | $1K | 2023 |
| Coar Peace MissionCHARITABLE | Wickliffe, OH | $1K | 2023 |
| St Anthony Shelter For RenewalCHARITABLE | Bronx, NY | $1K | 2023 |
| Rescue Mission Of TrentonCHARITABLE | Trenton, NJ | $1K | 2023 |
| Lutheran Social MinistriesCHARITABLE | Burlington, NJ | $900 | 2023 |
| Visions And PathwaysCHARITABLE | Bridgewater, NJ | $900 | 2023 |
| Franciscian Renewal MinistriesCHARITABLE | Bronx, NY | $700 | 2023 |
| Allentown Food PantryCHARITABLE | Allentown, NJ | $600 | 2023 |
| Food For The PoorCHARITABLE | Coconut Creek, FL | $600 | 2023 |
| Compassion & ChoicesCHARITABLE | Etna, NH | $500 | 2023 |
| Hinnant Community Outreach CenterCHARITABLE | Micro, NC | $500 | 2023 |
| Eva'S VillageCHARITABLE | Paterson, NJ | $400 | 2023 |
| Monmouth County SpcaCHARITABLE | Eatontown, NJ | $400 | 2023 |
| Anchor HouseCHARITABLE | Trenton, NJ | $300 | 2023 |
| Your Grandmother'S CupboardCHARITABLE | Toms River, NJ | $200 | 2023 |
| World VisionCHARITABLE | Tacoma, WA | $175 | 2023 |
| Allentown Presbyterian ChurchCHARITABLE | Allentown, NJ | $2K | 2022 |
| St George Unrainian Orthodox ChurchCHARITABLE | Yardville, NJ | $1K | 2022 |