Also known as: C/O JP MORGAN
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Csp Family Foundation is a private corporation based in SUMMIT, NJ. The foundation received its IRS ruling in 2004. The principal officer is Sonal C Patel. It holds total assets of $14.6M. Annual income is reported at $4.8M. Total assets have grown from $1.1M in 2011 to $14.5M 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 2017 to 2023. The foundation primarily funds organizations in Delaware, New Jersey and Pennsylvania. According to available records, Csp Family Foundation has made 85 grants totaling $2.9M, with a median grant of $15K. Annual giving has decreased from $1M in 2020 to $775K in 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 30 grants. Individual grants have ranged from $250 to $331K, with an average award of $34K. The foundation has supported 43 unique organizations. The foundation primarily supports organizations in Delaware, New Jersey, Pennsylvania, which account for 59% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$15K
Average Grant
$35K
Largest Grant
$331K
Based on 30 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.
Csp Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 85 grants. Its grantmaking reaches organizations primarily in DE, NJ, PA.
Csp Family Foundation has distributed a total of $2.9M across 85 grants. The median grant size is $15K, with an average of $34K. Individual grants have ranged from $250 to $331K.
Csp Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Csp Family Foundation is headquartered in SUMMIT, NJ. While based in NJ, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sumitra Patel | DIRECTOR | $0 | $0 | N/A |
| Divya Patel | VICE-PRESIDE | $0 | $0 | N/A |
| Apurva Patel | DIRECTOR | $0 | $0 | N/A |
| Sonal Sheppard | DIRECTOR | $0 | $0 | N/A |
Total Giving
$846K
Total Assets
$14.5M
Fair Market Value
$18.1M
Net Worth
$14.5M
Grants Paid
$775K
Contributions
N/A
Net Investment Income
$444K
Distribution Amount
$846K
Total: $14.2M
Total Grants
85
Total Giving
$2.9M
Average Grant
$34K
Median Grant
$15K
Unique Recipients
43
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| PantheraGENERAL | New York, NY | $10K | 2023 |
| Tower Hill SchoolGENERAL | Wilmington, DE | $170K | 2023 |
| Eva'S VillageGENERAL | Paterson, NJ | $120K | 2023 |
| National Philanthropic TrustGENERAL | Jenkintown, PA | $105K | 2023 |
| The Nature ConservancyGENERAL | Arlington, VA | $50K | 2023 |
| The Arc Of Bergen And Passaic CountGENERAL | Hackensack, NJ | $50K | 2023 |
| Share Our StrengthGENERAL | Baltimore, MD | $50K | 2023 |
| Maui Food BankGENERAL | Wailuku, HI | $30K | 2023 |
| Buddha Dog Rescue And RecoveryGENERAL | Blairstown, NJ | $20K | 2023 |
| Lincoln Park Food PantryGENERAL | Lincoln Park, NJ | $20K | 2023 |
| Greg Olsen FoundationGENERAL | Ft Lauderdale, FL | $20K | 2023 |
| St Jude Children'S Research HospitGENERAL | Memphis, TN | $20K | 2023 |
| Boykin Spaniel Rescue IncGENERAL | Fredericksbury, VA | $15K | 2023 |
| The Elephant SanctuaryGENERAL | Hohenwald, TN | $10K | 2023 |
| Forgotten CatsGENERAL | Greenville, DE | $10K | 2023 |
| Ymca Of DelawareGENERAL | Wilimington, DE | $10K | 2023 |
| Boys And Girls Club Of DelawareGENERAL | Wilmington, DE | $10K | 2023 |
| Step Up Women'S NetworkGENERAL | Los Angeles, CA | $10K | 2023 |
| Faithful Friends AnimalGENERAL | Wilmington, DE | $8K | 2023 |
| Delaware Volunteer Legal ServicesGENERAL | Wilmington, DE | $7K | 2023 |
| Meals On Wheels DelawareGENERAL | Wilminton, DE | $6K | 2023 |
| Smile TrainGENERAL | Washington, DC | $6K | 2023 |
| Food Bank Of DelawareGENERAL | Newark, DE | $5K | 2023 |
| Lutheran Community ServicesGENERAL | Wilmington, DE | $3K | 2023 |
| Whyy IncGENERAL | Philadelphia, PA | $3K | 2023 |
| Covenant House PennsylvaniaGENERAL | Philadelphia, PA | $1K | 2023 |
| Borough Of Lincoln ParkGENERAL | Lincoln Park, NJ | $50K | 2022 |
| Cam Newton FoundationGENERAL | Atlanta, GA | $25K | 2022 |
| Cedars Sinai Medical CenterGENERAL | Los Angeles, CA | $25K | 2022 |
| W Cary Edwards FoundationGENERAL | Franklin Lakes, NJ | $20K | 2022 |
| St Hubert'S Animal Welfare CenterGENERAL | Madison, NJ | $20K | 2022 |