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Frank And Rena Priolo Foundation is a private corporation based in CHALFONT, PA. The foundation received its IRS ruling in 2014. The principal officer is Leonard L Shober. It holds total assets of $839K. Annual income is reported at $1.7M. Total assets have grown from N/A in 2014 to $790K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of community development. 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 Pennsylvania and New York. According to available records, Frank And Rena Priolo Foundation has made 11 grants totaling $65K, with a median grant of $5K. Annual giving has grown from $15K in 2020 to $25K in 2023. Grantmaking activity was highest in 2022 with $25K distributed across 4 grants. Individual grants have ranged from $5K to $10K, with an average award of $6K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Pennsylvania and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$5K
Based on 3 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.
Frank And Rena Priolo Foundation primarily funds organizations in the area of community development. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in PA, NY.
Frank And Rena Priolo Foundation has distributed a total of $65K across 11 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $5K to $10K.
Frank And Rena Priolo Foundation typically selects its grantees rather than accepting unsolicited proposals.
Frank And Rena Priolo Foundation is headquartered in CHALFONT, PA. While based in PA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Martin A Priolo | PRESIDENT AND SECRETARY | $0 | $0 | N/A |
| Richard F Priolo | VICE-PRESIDENT AND TREASUR | $0 | $0 | N/A |
Total Giving
$37K
Total Assets
$790K
Fair Market Value
$1.1M
Net Worth
$790K
Grants Paid
$25K
Contributions
$86K
Net Investment Income
$12K
Distribution Amount
$48K
Total: $722K
Total Grants
11
Total Giving
$65K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Williamson College Of The TradesOPERATIONS | Media, PA | $10K | 2023 |
| Bucks County Association For The BlindOPERATIONS | Newtown, PA | $5K | 2023 |
| Overbrook School For The BlindOPERATIONS | Philadelphia, PA | $5K | 2023 |
| Guiding Eyes For The BlindTRAINING BUDGET | Yorktown Heights, NY | $5K | 2023 |