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Gibbons Scattone Family Foundation is a private corporation based in JERICHO, NY. The foundation received its IRS ruling in 2018. It holds total assets of $11.5M. Annual income is reported at $4.7M. Total assets have grown from $4.2M in 2018 to $10.9M in 2023. The foundation is governed by 2 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 York and Illinois. According to available records, Gibbons Scattone Family Foundation has made 40 grants totaling $4.8M, with a median grant of $70K. Annual giving has decreased from $1.3M in 2020 to $580K in 2023. Grantmaking activity was highest in 2022 with $2M distributed across 16 grants. Individual grants have ranged from $25K to $750K, with an average award of $121K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in New York and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$85K
Average Grant
$163K
Largest Grant
$750K
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.
Gibbons Scattone Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in NY, IL.
Gibbons Scattone Family Foundation has distributed a total of $4.8M across 40 grants. The median grant size is $70K, with an average of $121K. Individual grants have ranged from $25K to $750K.
Gibbons Scattone Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gibbons Scattone Family Foundation is headquartered in JERICHO, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Judith Gibbons | PRESIDENT | $0 | $0 | N/A |
| Francesco Scattone | TREASURER | $0 | $0 | N/A |
Total Giving
$659K
Total Assets
$10.9M
Fair Market Value
$12.5M
Net Worth
$10.9M
Grants Paid
$580K
Contributions
N/A
Net Investment Income
$287K
Distribution Amount
$589K
Total: $9M
Total Grants
40
Total Giving
$4.8M
Average Grant
$121K
Median Grant
$70K
Unique Recipients
10
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stony Brook FoundationEDUCATION | Stony Brook, NY | $100K | 2020 |
| East Harlem Tutorial ProgramUNRESTRICTED | New York, NY | $200K | 2023 |
| National Museum Of MathematicsUNRESTRICTED | New York, NY | $100K | 2023 |
| Robinhood FoundationASSIST THE POOR | New York, NY | $100K | 2023 |
| Coalition For HomelessUNRESTRICTED | New York, NY | $70K | 2023 |
| Food Bank For New York CityUNRESTRICTED | New York, NY | $30K | 2023 |
| City Meals On WheelsUNRESTRICTED | New York, NY | $30K | 2023 |
| Henry Street SettlementUNRESTRICTED | Manhattan, NY | $25K | 2023 |
| The Childrens Aid SocietyUNRESTRICTED | New York, NY | $25K | 2023 |
| The Barack Obama FoundationUNRESTRITED | Chicago, IL | $200K | 2022 |