//
Also known as: C/O Mandel Fekete & Bloom CPAs
Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Frank J Guarini Foundation Inc. is a private corporation based in ISELIN, NJ. The foundation received its IRS ruling in 1999. The principal officer is Mandel Fekete & Bloom. It holds total assets of $2.6M. Annual income is reported at $299K. Total assets have grown from $547K in 2011 to $2.5M in 2023. The foundation is governed by 6 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 2020 to 2023. The foundation primarily funds organizations in New Jersey, New Hampshire and New York. According to available records, Frank J Guarini Foundation Inc. has made 12 grants totaling $72K, with a median grant of $3K. Annual giving has grown from $15K in 2022 to $56K in 2023. Individual grants have ranged from $100 to $35K, with an average award of $6K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in New Jersey and District of Columbia and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$2K
Average Grant
$7K
Largest Grant
$25K
Based on 10 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 J Guarini Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NJ, DC, VA.
Frank J Guarini Foundation Inc. has distributed a total of $72K across 12 grants. The median grant size is $3K, with an average of $6K. Individual grants have ranged from $100 to $35K.
Frank J Guarini Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Frank J Guarini Foundation Inc. is headquartered in ISELIN, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
Track this funder — get alerted when new grants match
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frank J Guarini | President | $0 | $0 | N/A |
| Carol Maurer | Trustee | $0 | $0 | N/A |
| Mark Spedaliere | Trustee | $0 | $0 | N/A |
| Douglas Maurer | Trustee | $0 | $0 | N/A |
| Cmarie Mangin | Vice President/Asst Sect | $0 | $0 | N/A |
| Frank L Fekete | Secretary/Treasurer | $0 | $0 | N/A |
Total Giving
$71K
Total Assets
$2.5M
Fair Market Value
$4.5M
Net Worth
$2.5M
Grants Paid
$56K
Contributions
N/A
Net Investment Income
$291K
Distribution Amount
$220K
Total: $220K
Total Grants
12
Total Giving
$72K
Average Grant
$6K
Median Grant
$3K
Unique Recipients
8
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Saint Peter'S UniversityDonation to Hearts & Minds Scholarship Dinner/Cornacchia Scholarship | Jersey City, NJ | $35K | 2023 |
| Hudson River Performing Arts Center IncUnrestricted Donation | Weehawken, NJ | $10K | 2023 |
| New Jersey City University FoundationUnrestricted Donation | Jersey City, NJ | $5K | 2023 |
| John Cabot UniversityUnrestricted Donation | Rome | $5K | 2023 |
| Multiple System Atrophy CoalitionUnrestricted Donation | Mclean, VA | $1K | 2023 |
| New Jersey Deputy Fire Chiefs AssociationUnrestricted Donation | Jersey City, NJ | $100 | 2023 |
| Jersey City Police Athletic LeagueUnrestricted Donation | Jersey City, NJ | $100 | 2023 |
| National Italian American FoundationDonation to fund scholarship and education progam | Washington, DC | $5K | 2022 |