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Also known as: INC C/O PORZIO BROMBERG & NEWMAN PC
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Arthur And Barbara Vitarius Foundation Inc. is a private corporation based in MORRISTOWN, NJ. The foundation received its IRS ruling in 2003. The principal officer is Porzio Bromberg & Newman Pc. It holds total assets of $185K. Annual income is reported at $16K. Total assets have decreased from $248K in 2010 to $185K in 2023. The foundation is governed by 4 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 2020 to 2024. According to available records, Arthur And Barbara Vitarius Foundation Inc. has made 7 grants totaling $92K, with a median grant of $4K. Annual giving has grown from $17K in 2021 to $75K in 2023. Individual grants have ranged from $1K to $61K, with an average award of $13K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
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.
Arthur And Barbara Vitarius Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NJ.
Arthur And Barbara Vitarius Foundation Inc. has distributed a total of $92K across 7 grants. The median grant size is $4K, with an average of $13K. Individual grants have ranged from $1K to $61K.
Arthur And Barbara Vitarius Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Arthur And Barbara Vitarius Foundation Inc. is headquartered in MORRISTOWN, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara J Vitarius | Secretary/Treasurer/Ttee | $0 | $0 | N/A |
| Jonathan J Vitarius | Co-President/Trustee | $0 | $0 | N/A |
| James A Vitarius | Co-President/Trustee | $0 | $0 | N/A |
| Sophia Vitarius | Trustee | $0 | $0 | N/A |
Total Giving
$4K
Total Assets
$185K
Fair Market Value
$542K
Net Worth
$185K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$14K
Distribution Amount
$25K
Total: $160K
Total Grants
7
Total Giving
$92K
Average Grant
$13K
Median Grant
$4K
Unique Recipients
4
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Raptor TrustGeneral Support | Millington, NJ | $61K | 2023 |
| Community Food Bank Of NjGeneral Support | Hillside, NJ | $10K | 2023 |
| Stevens Institute Of TechnologyGeneral Support | Hoboken, NJ | $4K | 2023 |
| Gsp Rescue ServiceGENERAL SUPPORT | Oak Ridge, NJ | $1K | 2021 |