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Barbara & Julian Cherubini Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is % Foundation Source. It holds total assets of $11.4M. Annual income is reported at $2.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Barbara & Julian Cherubini Foundation has made 12 grants totaling $2M, with a median grant of $60K. The foundation has distributed between $970K and $1M annually from 2022 to 2023. Individual grants have ranged from $15K to $675K, with an average award of $165K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Massachusetts and New York and Rhode Island. Contributions to this foundation are tax-deductible.
Barbara & Julian Cherubini Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in MA, NY, RI.
Barbara & Julian Cherubini Foundation has distributed a total of $2M across 12 grants. The median grant size is $60K, with an average of $165K. Individual grants have ranged from $15K to $675K.
Barbara & Julian Cherubini Foundation typically selects its grantees rather than accepting unsolicited proposals.
Barbara & Julian Cherubini Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicole A Cherubini | Dir, Treas | $0 | $0 | $0 |
| Alexandra A Cherubini | Dir, Sec | $0 | $0 | $0 |
| Barbara A Cherubini | Dir, Pres | $0 | $0 | $0 |
Total Giving
$1.1M
Total Assets
$11.6M
Fair Market Value
$12.8M
Net Worth
$11.6M
Grants Paid
$1M
Contributions
$0
Net Investment Income
$1.6M
Distribution Amount
$586K
Total: $10.7M
Total Grants
12
Total Giving
$2M
Average Grant
$165K
Median Grant
$60K
Unique Recipients
5
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Massachusetts General HospitalCherubini Family Endowed Chair in Neurology fund | Boston, MA | $675K | 2023 |
| Michael J Fox Foundation For Parkinsons ResearchShuck Parkinsons fund | New York, NY | $300K | 2023 |
| Rhode Island School Of DesignCeramic Department Scholarship fund | Providence, RI | $20K | 2023 |
| Institute Of Contemporary ArtFund For The Future II | Boston, MA | $20K | 2023 |
| Boston Philharmonic Orchestra CorporationInterpretations Program | Boston, MA | $15K |
| 2022 |
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