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Frascella Family Foundationcorporation is a private corporation based in GREENWICH, CT. The foundation received its IRS ruling in 2007. The principal officer is Tony Frascella. It holds total assets of $693K. Annual income is reported at $10K. Total assets have decreased from $1.4M in 2011 to $693K in 2024. The foundation is governed by 3 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 2024. Funding is distributed across 4 states, including Connecticut, Pennsylvania, New Jersey. According to available records, Frascella Family Foundationcorporation has made 23 grants totaling $660K, with a median grant of $20K. Annual giving has grown from $178K in 2020 to $387K in 2023. Individual grants have ranged from $1K to $100K, with an average award of $29K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Connecticut, Pennsylvania, District of Columbia, which account for 87% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$23K
Average Grant
$23K
Largest Grant
$50K
Based on 8 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.
Frascella Family Foundationcorporation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in CT, PA, DC.
Frascella Family Foundationcorporation has distributed a total of $660K across 23 grants. The median grant size is $20K, with an average of $29K. Individual grants have ranged from $1K to $100K.
Frascella Family Foundationcorporation typically selects its grantees rather than accepting unsolicited proposals.
Frascella Family Foundationcorporation is headquartered in GREENWICH, CT. While based in CT, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anthony Frascella | Director/Treas | $0 | $0 | N/A |
| Jennifer Kratt Frascella | Director/Pres | $0 | $0 | N/A |
| Charlean Kratt | Director/Sec | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$693K
Fair Market Value
N/A
Net Worth
$693K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
23
Total Giving
$660K
Average Grant
$29K
Median Grant
$20K
Unique Recipients
13
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Walter And Patti Blenko Scholarship FundEducation | Bethel Park, PA | $2K | 2023 |
| American Rescue ProjectHumanitarian Aid | Washington, DC | $100K | 2023 |
| The Frederick Gunn SchoolEducation | Washington, CT | $87K | 2023 |
| Carnegie Mellon UniversityEducation | Pittsburgh, PA | $50K | 2023 |
| Convent Of The Sacred HeartEducation | Greenwich, CT | $50K | 2023 |
| University Of PennsylvaniaEducation | Philadelphia, PA | $50K | 2023 |
| Princeton UniversityEducation | Princeton, NJ | $25K | 2023 |
| Friends Of Greenwich CrewStudent Athletics | Cos Cob, CT | $17K | 2023 |
| Ywca GreenwichSocial Programs for Women | Greenwich, CT | $3K | 2023 |
| Global Lyme AllianceLyme Disease Research | Stamford, CT | $3K | 2023 |
| Sealegacy Foundation IncEnvironmental Conservation | Jupiter, FL | $1K | 2023 |
| Ywca Of GreenwichSocial Programs for Women | Greenwich, CT | $20K | 2020 |
| Gettysburg CollegeEducation | Gettysburg, PA | $3K | 2020 |