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Also known as: C/O Princeton Family Office
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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. Total assets have grown from $9.1M in 2011 to $19.1M in 2024. 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 2015 to 2024. The foundation primarily funds organizations in New York, New Jersey and Pennsylvania. 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.
Smallest Grant
$65K
Median Grant
$319K
Average Grant
$569K
Largest Grant
$1.6M
Based on 5 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.
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 | N/A |
| Carol Milstein | Vice President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$19.1M
Fair Market Value
N/A
Net Worth
$19.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
18
Total Giving
$8.9M
Average Grant
$524K
Median Grant
$252K
Unique Recipients
7
Most Common Grant
$319K
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 |
| The Jewish Federation Of Princeton Mercer BucksSocial Welfare | Princeton, NJ | $25K | 2023 |
| Jewish Communal FundPhilanthropic Account Funding | New York, NY | — | 2023 |