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Also known as: C/O CAROLYN FEROLITO
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Hidden Ponds Foundation Inc. is a private corporation based in NEW VERNON, NJ. The foundation received its IRS ruling in 1999. The principal officer is Maier Markey & Justic Llp. It holds total assets of $80K. Annual income is reported at N/A. Total assets have decreased from $266K in 2010 to $80K in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, Hidden Ponds Foundation Inc. has made 4 grants totaling $55K, with a median grant of $10K. Annual giving has grown from $20K in 2023 to $35K in 2024. Individual grants have ranged from $10K to $25K, with an average award of $14K. 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.
Hidden Ponds Foundation Inc. primarily funds organizations in the area of human services. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NJ.
Hidden Ponds Foundation Inc. has distributed a total of $55K across 4 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $10K to $25K.
Hidden Ponds Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Hidden Ponds Foundation Inc. is headquartered in NEW VERNON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carolyn J Ferolito | PRESIDENT | $0 | $0 | N/A |
| John M Ferolito | VICE PRESIDENT | $0 | $0 | N/A |
| Ciro Scalera | SEC/TRES | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$80K
Fair Market Value
N/A
Net Worth
$80K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$55K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
3
Most Common Grant
$10K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Atlantic Health System Foundation For Morristown Medical CenterIN SUPPORT OF MORRISTOWN MEDICAL CENTER'S MISSION TO CONTINUOUSLY EXPAND VITAL PROGRAMS AND SERVICES, ENHANCE CLINICAL EDUCATION, PRIORITIZE EXCELLENCE IN PATIENT CARE. | Morristown, NJ | $25K | 2024 |
| Pg Chambers SchoolIN SUPPORT OF PGCS'S MISSION TO BE A LEADER IN THE FIELD OF SPECIAL EDUCATION AND THERAPY SERVICES FOR CHILDREN WITH DEVELOPMENTAL DISABILITIES. | Cedar Knolls, NJ | $10K | 2024 |
| Parker Family Health CenterTO SUPPORT THE PARKER FAMILY HEALTH CENTER COMMITMENT TO SERVE AS AN INITIAL HEALTH CARE ACCESS POINT, MAKING IT POSSIBLE FOR UNINSURED PATIENTS TO ESTABLISH THE ROUTINE RELATIONSHIP WITH A MEDICAL CAREGIVER THAT INSURED PATIENTS ENJOY WITH A PRIMARY PHYSICIAN. | Red Bank, NJ | $10K | 2023 |