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Fusaro Charitable Foundation Inc. is a private corporation based in WORCESTER, MA. The foundation received its IRS ruling in 1957. It holds total assets of $1.1M. Annual income is reported at $118K. SCHOLARSHIP & AID. According to available records, Fusaro Charitable Foundation Inc. has made 21 grants totaling $158K, with a median grant of $5K. Annual giving has decreased from $15K in 2020 to $5K in 2023. Grantmaking activity was highest in 2022 with $91K distributed across 9 grants. Individual grants have ranged from $250 to $47K, with an average award of $8K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, Connecticut, which account for 76% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
SCHOLARSHIP & AID
SCHOLARSHIP & AID. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in NY, MA, CT.
Fusaro Charitable Foundation Inc. has distributed a total of $158K across 21 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $250 to $47K.
Fusaro Charitable Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (046056133) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Fusaro Charitable Foundation Inc. is headquartered in WORCESTER, MA. While based in MA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Altomare | TREAS/CLERK/ | $10K | $0 | $10K |
| Thomas Altomare | PRES/DIRECTO | $10K | $0 | $10K |
Total Giving
$43K
Total Assets
$1.1M
Fair Market Value
$1.2M
Net Worth
$1.1M
Grants Paid
$5K
Contributions
$0
Net Investment Income
$50K
Distribution Amount
$56K
Total: $935K
Total Grants
21
Total Giving
$158K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
17
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| YmcaDONATION/AID | Worcester, MA | $6K | 2020 |
| L3harris Flight SchoolSCHOLARSHIP/AID | Sanford, FL | $5K | 2023 |
| Team BrooklineAID | Brookline, MA | $500 | 2023 |
| Gaskoc Clerge FoundationDONATION/AID | Garden City, NY | $47K | 2022 |
| Seven Hills FoundationDONATION/AID | Worcester, MA | $14K |
SALT LAKE CTY, UT
OAK BROOK, IL
NEW HAVEN, CT
PLYMOUTH, MI
MECHANICSBURG, PA
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2022 |
| Fairfield UniversitySCHOLARSHIP/AID | Fairfield, CT | $10K | 2022 |
| St John'S High SchoolSCHOLARSHIP/AID | Shrewsbury, MA | $10K | 2022 |
| George Washington UniversitySCHOLARSHIP/AID | Washington, DC | $5K | 2022 |
| Us Dept Of EducationSCHOLARSHIP/AID | Washington, DC | $3K | 2022 |
| Datec TogetherDONATION/AID | Worcester, MA | $3K | 2022 |
| Hope For WorcesterDONATION/AID | Worcester, MA | $1K | 2022 |
| Ma Audubond SocietyDONATION/AID | Worcester, MA | $500 | 2022 |
| Gaskov Clerge FoundationDONATION/AID | Garden City, NY | $23K | 2021 |
| Michigan State UniversitySCHOLARSHIP/AID | East Lansing, MI | $5K | 2021 |
| GcsuSCHOLARSHIP/AID | Milledgeville, GA | $2K | 2021 |
| Regina SalveSCHOLARSHIP/AID | Worcester, MA | $4K | 2020 |
| 15-40 ConnectionDONATION/AID | Westboro, MA | $2K | 2020 |
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