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Five Below Foundation is a private corporation based in PHILADELPHIA, PA. The foundation received its IRS ruling in 2019. The principal officer is Five Below Inc.. It holds total assets of $3.3M. Annual income is reported at $1.1M. Total assets have grown from $400K in 2019 to $3.3M in 2023. The foundation is governed by 7 officers and trustees. The foundation operates in the area of environment. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2024. The foundation primarily funds organizations in Pennsylvania, California and Louisiana. According to available records, Five Below Foundation has made 77 grants totaling $2M, with a median grant of $15K. Annual giving has grown from $50K in 2021 to $507K in 2024. Grantmaking activity was highest in 2023 with $1.3M distributed across 42 grants. Individual grants have ranged from $250 to $260K, with an average award of $26K. The foundation has supported 37 unique organizations. The foundation primarily supports organizations in California, Pennsylvania, New Jersey, which account for 65% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$18K
Average Grant
$30K
Largest Grant
$100K
Based on 6 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.
Five Below Foundation primarily funds organizations in the area of environment. Based on available records, the foundation has funded 77 grants. Its grantmaking reaches organizations primarily in CA, PA, NJ.
Five Below Foundation has distributed a total of $2M across 77 grants. The median grant size is $15K, with an average of $26K. Individual grants have ranged from $250 to $260K.
Five Below Foundation typically selects its grantees rather than accepting unsolicited proposals.
Five Below Foundation is headquartered in PHILADELPHIA, PA. While based in PA, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ron Masciantonio | VICE PRESIDENT & SECRETARY | $0 | $0 | N/A |
| Judy Werthauser | PRESIDENT | $0 | $0 | N/A |
| Michael F Romanko | DIRECTOR | $0 | $0 | N/A |
| Carmelo Jalosjos | VICE PRESIDENT & TREASURER | $0 | $0 | N/A |
| Sarah Ks Auerbach | ASSISTANT SECRETARY | $0 | $0 | N/A |
| Krischelle Tennessen | DIRECTOR | $0 | $0 | N/A |
| Joel D Anderson | DIRECTOR | $0 | $0 | N/A |
Total Giving
$537K
Total Assets
$3.3M
Fair Market Value
$3.3M
Net Worth
$3.2M
Grants Paid
$507K
Contributions
$1.1M
Net Investment Income
$131K
Distribution Amount
$131K
Total Grants
77
Total Giving
$2M
Average Grant
$26K
Median Grant
$15K
Unique Recipients
37
Most Common Grant
$10K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Childrens Hospital Of Philadelphia FoundationGENERAL SUPPORT | Philadelphia, PA | $75K | 2024 |
| Operation WarmGENERAL SUPPORT | Mount Laurel, NJ | $60K | 2024 |
| Please Touch MuseumGENERAL SUPPORT | Philadelphia, PA | $30K | 2024 |
| Girls On The RunGENERAL SUPPORT | Charlotte, NC | $30K | 2024 |
| Boys And Girls Club Of AmericaGENERAL SUPPORT | Atlanta, GA | $25K | 2024 |
| Covenant House Pennsylvania Under 21GENERAL SUPPORT | Philadelphia, PA | $25K | 2024 |
| Babe Ruth League IncGENERAL SUPPORT | Hamilton, NJ | $25K | 2024 |
| Cradles And CrayonsGENERAL SUPPORT | Boston, MA | $25K | 2024 |
| Marty Lyons FoundationGENERAL SUPPORT | Bayshore, NY | $25K | 2024 |
| ElunaGENERAL SUPPORT | Philadelphia, PA | $25K | 2024 |
| Jdrf InternationalGENERAL SUPPORT | King Of Prussia, PA | $20K | 2024 |
| PhilabundanceGENERAL SUPPORT | Philadelphia, PA | $20K | 2024 |
| Unlocke The Light FoundationGENERAL SUPPORT | Newark, DE | $15K | 2024 |
| Total Experience FoundationGENERAL SUPPORT | Pitman, NJ | $15K | 2024 |
| Transplant FoundationGENERAL SUPPORT | Philadelphia, PA | $10K | 2024 |
| Breathing Room FoundationGENERAL SUPPORT | Elkins Park, PA | $10K | 2024 |
| Center City District FoundationGENERAL SUPPORT | Philadelphia, PA | $10K | 2024 |
| Philadelphia Youth BasketballGENERAL SUPPORT | Philadelphia, PA | $10K | 2024 |
| The Nemours FoundationGENERAL SUPPORT | Jacksonville, FL | $10K | 2024 |
| Sunrise Day Camps Association IncGENERAL SUPPORT | Oceanside, NY | $10K | 2024 |
| Jewish Community Centers Of ChicagoGENERAL SUPPORT | Northbrook, IL | $10K | 2024 |
| Nrf FoundationGENERAL SUPPORT | Washington, DC | $10K | 2024 |
| Chamber Of Commerce Of Southern New Jersey - Summer InstituteGENERAL SUPPORT | Vorhees, NJ | $6K | 2024 |
| The Church Of The Good Shepherd Cherry HillGENERAL SUPPORT | Cherry Hill, NJ | $4K | 2024 |
| City Year IncGENERAL SUPPORT | Boston, MA | $2K | 2024 |
| Stjohn Of God Community ServicesGENERAL SUPPORT | Westville, NJ | $250 | 2024 |
| Reading PartnersGENERAL SUPPORT | Oakland, CA | $260K | 2023 |
| Trevor ProjectGENERAL SUPPORT | West Hollywood, CA | $50K | 2023 |
| Philadelphia Parks AllianceGENERAL SUPPORT | Philadelphia, PA | $25K | 2023 |