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Centofante Foundation is a private corporation based in REDONDO BEACH, CA. The foundation received its IRS ruling in 1989. It holds total assets of $75K. Annual income is reported at $1M. Total assets have decreased from $278K in 2011 to $69K in 2023. The foundation is governed by 6 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Centofante Foundation has made 6 grants totaling $3.1M, with a median grant of $511K. The foundation has distributed between $1M and $1M annually from 2020 to 2023. Individual grants have ranged from $3K to $1M, with an average award of $509K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in California. 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.
Centofante Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CA.
Centofante Foundation has distributed a total of $3.1M across 6 grants. The median grant size is $511K, with an average of $509K. Individual grants have ranged from $3K to $1M.
Centofante Foundation typically selects its grantees rather than accepting unsolicited proposals.
Centofante Foundation is headquartered in REDONDO BEACH, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James P Centofante | DIRECTOR | $0 | $0 | N/A |
| Mary J Centofante | PRESIDENT | $0 | $0 | N/A |
| Michelle A Katnik | DIRECTOR | $0 | $0 | N/A |
| Linda M Wenglikowski | SECRETARY | $0 | $0 | N/A |
| Jane F Centofante | DIRECTOR | $0 | $0 | N/A |
| Albert T Centofante | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1M
Total Assets
$69K
Fair Market Value
$75K
Net Worth
$69K
Grants Paid
$1M
Contributions
$1M
Net Investment Income
$2K
Distribution Amount
$8K
Total: $16K
Total Grants
6
Total Giving
$3.1M
Average Grant
$509K
Median Grant
$511K
Unique Recipients
3
Most Common Grant
$1M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Southern CaliforniaGENERAL CONTRIBUTION | Los Angeles, CA | $1M | 2023 |
| Swim With Mike FoundationGENERAL CONTRIBUTION | Pasadena, CA | $3K | 2023 |
| Usc Caruso Catholic CenterGRANT | Los Angeles, CA | $10K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA