Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Danowitz Family Charitable Foundation is a private corporation based in NEWTOWN SQ, PA. The foundation received its IRS ruling in 2021. The principal officer is Michael Danowitz. It holds total assets of $2.4M. Annual income is reported at $947K. Total assets have grown from $614K in 2021 to $1.6M in 2023. The foundation is governed by 2 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 2021 to 2023. According to available records, Danowitz Family Charitable Foundation has made 11 grants totaling $78K, with a median grant of $5K. Annual giving has grown from $5K in 2022 to $73K in 2023. Individual grants have ranged from $3K to $15K, with an average award of $7K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in North Carolina, New York, Colorado, which account for 91% of all grants. Grantmaking reaches organizations across 4 states. 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.
Danowitz Family Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NC, NY, CO.
Danowitz Family Charitable Foundation has distributed a total of $78K across 11 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $3K to $15K.
Danowitz Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Danowitz Family Charitable Foundation is headquartered in NEWTOWN SQ, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Danowitz | PRESIDENTTREASURER | $0 | $0 | N/A |
| Erica S Danowitz | VICE PRESIDENTSECRETARY | $0 | $0 | N/A |
Total Giving
$80K
Total Assets
$1.6M
Fair Market Value
$1.9M
Net Worth
$1.6M
Grants Paid
$73K
Contributions
$603K
Net Investment Income
$133K
Distribution Amount
$72K
Total: $1.6M
Total Grants
11
Total Giving
$78K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cornell LibraryACCESS TO BOOKS | Ithaca, NY | $15K | 2023 |
| Equal Justice FoundationACCESS TO LAW | Colorado Springs, CO | $10K | 2023 |
| Duke UniversityEDUCATIONAL | Durham, NC | $10K | 2023 |
| Temple Sholom In BroomallLOCAL AND CIVIC EDUCATION | Broomall, PA | $10K | 2023 |
| Cornell UniversityEDUCATION | Ithaca, NY | $5K | 2023 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA