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Also known as: C/O Princeton Family Office
Bacchetta Foundation is a private corporation based in NATIONAL PARK, NJ. The foundation received its IRS ruling in 2012. The principal officer is % Andrew Milstein. It holds total assets of $19.1M. Annual income is reported at $4.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bacchetta Foundation has made 18 grants totaling $8.9M, with a median grant of $252K. The foundation has distributed between $2.6M and $3.5M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $3.5M distributed across 6 grants. Individual grants have ranged from $21K to $1.6M, with an average award of $524K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, New Jersey, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Bacchetta Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NY, MA, NJ.
Bacchetta Foundation has distributed a total of $8.9M across 18 grants. The median grant size is $252K, with an average of $524K. Individual grants have ranged from $21K to $1.6M.
Bacchetta Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bacchetta Foundation is headquartered in NATIONAL PARK, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Andrew Milstein | President | $0 | $0 | $0 |
| Carol Milstein | Vice President | $0 | $0 | $0 |
Total Giving
$2.6M
Total Assets
$20.4M
Fair Market Value
$24.8M
Net Worth
$20.4M
Grants Paid
$2.6M
Contributions
$0
Net Investment Income
$1.4M
Distribution Amount
$1.2M
Total: $13.7M
Total Grants
18
Total Giving
$8.9M
Average Grant
$524K
Median Grant
$252K
Unique Recipients
7
Most Common Grant
$21K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| International Ocd FoundationResearch Grant | Boston, MA | $1.3M | 2023 |
| Crohns & Colitis FoundationUlcerative Colitis Genetics Iniative | New York, NY | $833K | 2023 |
| The Mount Sinai Medical CenterMedical Research | New York, NY | $252K | 2023 |
| Jewish Family And Children'S ServicesSocial Services | Princeton, NJ | $112K | 2023 |
| Abrams Hebrew AcademyScholarships | Yardley, PA | $68K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2015 | 990PF | View |
| The Jewish Federation Of Princeton Mercer BucksSocial Welfare | Princeton, NJ | $25K | 2023 |
| Jewish Communal FundPhilanthropic Account Funding | New York, NY | — | 2023 |
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