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Federici Family Foundation is a private corporation based in NEWTOWN, PA. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $2.1M. Annual income is reported at $338K. Total assets have grown from $713K in 2021 to $2.4M 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 2021 to 2023. According to available records, Federici Family Foundation has made 8 grants totaling $532K, with a median grant of $75K. Annual giving has decreased from $322K in 2022 to $210K in 2023. Individual grants have ranged from $1K to $110K, with an average award of $67K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in New York and Pennsylvania and New Jersey. 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.
Federici Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY, PA, NJ.
Federici Family Foundation has distributed a total of $532K across 8 grants. The median grant size is $75K, with an average of $67K. Individual grants have ranged from $1K to $110K.
Federici Family Foundation typically selects its grantees rather than accepting unsolicited proposals. Must be a 501(c)(3) charitable organization.
Federici Family Foundation is headquartered in NEWTOWN, PA. While based in PA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William J Federici | President | $0 | $0 | N/A |
| Susan C Federici | Secretary | $0 | $0 | N/A |
| Nicholas W Federici | Vice President | $0 | $0 | N/A |
| James A Federici | Vice President | $0 | $0 | N/A |
Total Giving
$220K
Total Assets
$2.4M
Fair Market Value
$2.2M
Net Worth
$2.4M
Grants Paid
$210K
Contributions
$756K
Net Investment Income
$15K
Distribution Amount
$86K
Total: $2.2M
Total Grants
8
Total Giving
$532K
Average Grant
$67K
Median Grant
$75K
Unique Recipients
4
Most Common Grant
$110K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Institute For Cancer ResearchCharitable Contribution | New York, NY | $110K | 2023 |
| Travis Manion FoundationCharitable Contribution | Doylestown, PA | $100K | 2023 |
| Rutgers University FoundationCharitable Contribution | New Brunswick, NJ | $50K | 2022 |
| Temple University Lewis Katz SchoolCharitable Contribution | Philadelphia, PA | $1K | 2022 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA