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Charles P Downey Family Foundation is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2016. The principal officer is Charles P Downey. It holds total assets of $1.7M. Annual income is reported at $2.8M. Total assets have grown from $2.1M in 2019 to $2.6M 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 2016 to 2023. The foundation primarily funds organizations in Oregon, New Mexico and Nebraska. According to available records, Charles P Downey Family Foundation has made 12 grants totaling $2.4M, with a median grant of $125K. Annual giving has decreased from $2M in 2022 to $429K in 2023. Individual grants have ranged from $250 to $600K, with an average award of $201K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Nebraska and Colorado and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$21K
Average Grant
$114K
Largest Grant
$320K
Based on 3 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.
Charles P Downey Family 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 NE, CO, VA.
Charles P Downey Family Foundation has distributed a total of $2.4M across 12 grants. The median grant size is $125K, with an average of $201K. Individual grants have ranged from $250 to $600K.
Charles P Downey Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Charles P Downey Family Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles P Downey | PRES/TREAS/DIRECTOR | $0 | $0 | N/A |
| Judith C Downey | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Douglas C Downey | DIRECTOR | $0 | $0 | N/A |
| Julie Fleischer | DIRECTOR | $0 | $0 | N/A |
Total Giving
$452K
Total Assets
$2.6M
Fair Market Value
$2.9M
Net Worth
$2.6M
Grants Paid
$429K
Contributions
N/A
Net Investment Income
$68K
Distribution Amount
$139K
Total: $1.8M
Total Grants
12
Total Giving
$2.4M
Average Grant
$201K
Median Grant
$125K
Unique Recipients
6
Most Common Grant
$600K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Omaha Community Fdn (Ocf)UNRESTRICTED GENERAL | Omaha, NE | $160K | 2023 |
| Abide NetworkUNRESTRICTED GENERAL | Omaha, NE | $130K | 2023 |
| University Of Nebraska FoundationUNRESTRICTED GENERAL | Lincoln, NE | $89K | 2023 |
| Young LifeUNRESTRICTED GENERAL | Colorado Springs, CO | $50K | 2023 |
| Dundee Presbyterian ChurchUNRESTRICTED GENERAL | Omaha, NE | $600K | 2022 |
| Multiple System Atrophy CoalitionUNRESTRICTED GENERAL | Mclean, VA | $250 | 2022 |