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Also known as: c/o Frank J Guarini
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Frank J Guarini Foundation is a private trust based in JERSEY CITY, NJ. The foundation received its IRS ruling in 2014. The principal officer is Frank J Guarini. It holds total assets of $2.9M. Annual income is reported at $127K. Total assets have grown from N/A in 2013 to $3M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Frank J Guarini Foundation has made 3 grants totaling $450K, with a median grant of $200K. The foundation has distributed between $200K and $250K annually from 2022 to 2023. Individual grants have ranged from $50K to $200K, with an average award of $150K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in 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.
Frank J Guarini Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NJ.
Frank J Guarini Foundation has distributed a total of $450K across 3 grants. The median grant size is $200K, with an average of $150K. Individual grants have ranged from $50K to $200K.
Frank J Guarini Foundation typically selects its grantees rather than accepting unsolicited proposals.
Frank J Guarini Foundation is headquartered in JERSEY CITY, NJ.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frank L Fekete | Trustee | $13K | $0 | $13K |
| Frank J Guarini | Trustee | $0 | $0 | N/A |
| Carol A Maurer | Trustee | $0 | $0 | N/A |
Total Giving
$146K
Total Assets
$3M
Fair Market Value
$3M
Net Worth
$3M
Grants Paid
$125K
Contributions
N/A
Net Investment Income
$102K
Distribution Amount
$148K
Total Grants
3
Total Giving
$450K
Average Grant
$150K
Median Grant
$200K
Unique Recipients
3
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Saint Peter'S UniversityGeneral Use | Jersey City, NJ | $200K | 2023 |
| John Cabot UniversityGuarini Art Center | Rome | $200K | 2022 |
| Jersey City Medical Center FoundationGeneral Use | Jersey City, NJ | $50K | 2022 |