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Cilento Family Foundation Inc. is a private corporation based in AVALON, NJ. The foundation received its IRS ruling in 1993. The principal officer is % Dominic J Cilento. It holds total assets of $2.3M. Annual income is reported at $57K. Bay Atlantic Symphony Atlantic City, NJ Support classical music education. According to available records, Cilento Family Foundation Inc. has made 12 grants totaling $180K, with a median grant of $12K. Annual giving has grown from $61K in 2021 to $120K in 2022. Individual grants have ranged from $8K to $29K, with an average award of $15K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Bay Atlantic Symphony Atlantic City, NJ Support classical music education
Expenses: $8K
St Augustine College Preparatory School Richland, NJ Educational support for two students
Expenses: $12K
Our Lady of Mercy Academy Newfield NJ Educational support for two students
Expenses: $12K
Cumberland County Campus Educational Foundation Vineland, NJ Educational support for five students
Expenses: $29K
Bay Atlantic Symphony Atlantic City, NJ Support classical music education. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NJ.
Cilento Family Foundation Inc. has distributed a total of $180K across 12 grants. The median grant size is $12K, with an average of $15K. Individual grants have ranged from $8K to $29K.
Awards limited to a fraction of tuition.
Cilento Family Foundation Inc. is headquartered in AVALON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rosemary B Cilento | Vice President | $0 | $0 | $0 |
| Dominic J Cilento | Treasurer | $0 | $0 | $0 |
| Milena R Reckseit | Secretary | $0 | $0 | $0 |
Total Giving
$56K
Total Assets
$1.8M
Fair Market Value
$1.8M
Net Worth
$1.8M
Grants Paid
$55K
Contributions
$62K
Net Investment Income
$23K
Distribution Amount
$0
Total: $1.8M
Total Grants
12
Total Giving
$180K
Average Grant
$15K
Median Grant
$12K
Unique Recipients
5
Most Common Grant
$12K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cumberland County Campus College FoundationEducation Support for Five Students | Vineland, NJ | $29K | 2022 |
| Our Lady Of Mercy AcademyEducation Support for Two Students | Newfield, NJ | $12K | 2022 |
| St Augustine College Preparatory SchoolEducation Support for Two Students | Richland, NJ | $12K | 2022 |
| Bay Atlantic SymphonySupport Classical Music Education | Atlantic City, NJ | $8K | 2022 |
| Cumberland County Campus Educational FoundationEducational Support for Five Students | Vineland, NJ |
SOMERS POINT, NJ
OCEAN CITY, NJ
HAWTHORNE, NJ
BRONX, NY
SOMERS POINT, NJ
| $29K |
| 2021 |
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