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Also known as: C/O ELIZABETH FAVARO
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Favaro Family Foundation Inc. is a private corporation based in BRONXVILLE, NY. The foundation received its IRS ruling in 2007. The principal officer is Kenneth R Favaro. It holds total assets of $2M. Annual income is reported at $334K. Total assets have grown from $253K in 2011 to $2.1M in 2023. The foundation is governed by 5 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 California, New York and Massachusetts. According to available records, Favaro Family Foundation Inc. has made 27 grants totaling $222K, with a median grant of $5K. Annual giving has grown from $78K in 2022 to $143K in 2023. Individual grants have ranged from $900 to $50K, with an average award of $8K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in California, New York, Pennsylvania, which account for 74% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$260
Median Grant
$1K
Average Grant
$4K
Largest Grant
$15K
Based on 7 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.
Favaro Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in CA, NY, PA.
Favaro Family Foundation Inc. has distributed a total of $222K across 27 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $900 to $50K.
Favaro Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Favaro Family Foundation Inc. is headquartered in BRONXVILLE, NY. While based in NY, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicolas J Favaro | DIRECTOR | $0 | $0 | N/A |
| Kenneth R Favaro | CHAIRMAN/DIREC. | $0 | $0 | N/A |
| Elizabeth I Favaro | SECRE/DIRECTOR | $0 | $0 | N/A |
| Cristina C Favaro | DIRECTOR | $0 | $0 | N/A |
| Alexander P Favaro | DIRECTOR | $0 | $0 | N/A |
Total Giving
$151K
Total Assets
$2.1M
Fair Market Value
$2.2M
Net Worth
$2.1M
Grants Paid
$143K
Contributions
$120K
Net Investment Income
$85K
Distribution Amount
$100K
Total: $2M
Total Grants
27
Total Giving
$222K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
17
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Give WellGENERAL SUPPORT | San Francisco, CA | $50K | 2023 |
| Little Sisters Of The PoorGENERAL SUPPORT | Bronx, NY | $900 | 2023 |
| National Philanthropic TrustGENERAL SUPPORT | Jenkintown, PA | $20K | 2023 |
| International Refugee Assistance ProjectGENERAL SUPPORT | New York, NY | $15K | 2023 |
| Americas FoundationGENERAL SUPPORT | Chula Vista, CA | $10K | 2023 |
| Nuclear Threat InitiativeGENERAL SUPPORT | Washington, DC | $10K | 2023 |
| The Boma ProjectGENERAL SUPPORT | Manchester Center, VT | $10K | 2023 |
| The Possibility ProjectGENERAL SUPPORT | New York, NY | $10K | 2023 |
| Oakland Community Land TrustGENERAL SUPPORT | Oakland, CA | $5K | 2023 |
| Ibis Reproductive HealthGENERAL SUPPORT | Cambridge, MA | $5K | 2023 |
| Hot Bread KitchenGENERAL SUPPORT | New York, NY | $4K | 2023 |
| NypirgGENERAL SUPPORT | New York, NY | $3K | 2023 |
| Middle East Children'S InstituteGENERAL SUPPORT | Locust Valley, NY | $1K | 2023 |
| Stanford UniversityGENERAL PURPOSE | Stanford, CA | $7K | 2022 |
| City At Peace NationalTO ASSIST IN FUNDING OPERATIONS AND PROGRAMS. | New York, NY | $5K | 2022 |
| Alliance For Safety And JusticeGENERAL PURPOSE | Oakland, CA | $5K | 2022 |
| Bereavement Center Of WestchesterGENERAL PURPOSE | Scarsdale, NY | $2K | 2022 |