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Also known as: FAMILY FOUNDATION
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Arlene And Frank Certo Family Foundation is a private trust based in HOBE SOUND, FL. The foundation received its IRS ruling in 2008. The principal officer is Arlene Certo. It holds total assets of $96K. Annual income is reported at $24K. Total assets have grown from $1K in 2011 to $80K in 2023. The foundation is governed by 2 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 2016 to 2023. Grantmaking is concentrated in Florida. According to available records, Arlene And Frank Certo Family Foundation has made 11 grants totaling $117K, with a median grant of $15K. The foundation has distributed between $26K and $61K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $61K distributed across 6 grants. Individual grants have ranged from $500 to $20K, with an average award of $11K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$15K
Average Grant
$10K
Largest Grant
$15K
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.
Arlene And Frank Certo Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in FL.
Arlene And Frank Certo Family Foundation has distributed a total of $117K across 11 grants. The median grant size is $15K, with an average of $11K. Individual grants have ranged from $500 to $20K.
Arlene And Frank Certo Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Arlene And Frank Certo Family Foundation is headquartered in HOBE SOUND, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arlene Certo | TRUSTEE | $0 | $0 | N/A |
| Frank Certo | TRUSTEE | $0 | $0 | N/A |
Total Giving
$28K
Total Assets
$80K
Fair Market Value
$262K
Net Worth
$80K
Grants Paid
$26K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$582
Total Grants
11
Total Giving
$117K
Average Grant
$11K
Median Grant
$15K
Unique Recipients
3
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Diocese Of Palm BeachLUMEN CHRISTI SCHOLARSHIPS | Palm Beach Gardens, FL | $15K | 2023 |
| St Christophers Catholic ChurchCONTRIBUTION | Hobe Sound, FL | $800 | 2023 |
| Daniel Griffin MemorialFINANCIAL AID | Hobe Sound, FL | $500 | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL