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James And Loretta Colotto Foundation Inc. is a private corporation based in HACKENSACK, NJ. The foundation received its IRS ruling in 2001. The principal officer is Bowen & Bowen. It holds total assets of $2.3M. Annual income is reported at $534K. Total assets have decreased from $3.4M in 2011 to $2.3M in 2024. The foundation is governed by 3 officers and trustees. INVESTMENT INCOME AND CORPUS DISTRIBUTED TO 501(c)(3) CHARITABLE ORGANIZATIONS. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in New Jersey, New York and Maryland. According to available records, James And Loretta Colotto Foundation Inc. has made 79 grants totaling $590K, with a median grant of $6K. The foundation has distributed between $292K and $298K annually from 2022 to 2023. Individual grants have ranged from $500 to $30K, with an average award of $7K. The foundation has supported 40 unique organizations. The foundation primarily supports organizations in New Jersey, Maryland, New York, which account for 72% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$6K
Average Grant
$8K
Largest Grant
$30K
Based on 35 grants from the most recent 990-PF filing.
INVESTMENT INCOME AND CORPUS DISTRIBUTED TO 501(c)(3) CHARITABLE ORGANIZATIONS
INVESTMENT INCOME AND CORPUS DISTRIBUTED TO 501(c)(3) CHARITABLE ORGANIZATIONS. Based on available records, the foundation has funded 79 grants. Its grantmaking reaches organizations primarily in NJ, MD, NY.
James And Loretta Colotto Foundation Inc. has distributed a total of $590K across 79 grants. The median grant size is $6K, with an average of $7K. Individual grants have ranged from $500 to $30K.
James And Loretta Colotto Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is 9/30.
James And Loretta Colotto Foundation Inc. is headquartered in HACKENSACK, NJ. While based in NJ, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Scicutella | Vice President | $24K | $0 | $24K |
| Michael Gilmartin | Secretary | $24K | $0 | $24K |
| Peter G Bowen | President | $24K | $0 | $24K |
Total Giving
N/A
Total Assets
$2.3M
Fair Market Value
N/A
Net Worth
$2.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
79
Total Giving
$590K
Average Grant
$7K
Median Grant
$6K
Unique Recipients
40
Most Common Grant
$6K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mt CarmelGENERAL USE | Trenton, NJ | $11K | 2023 |
| Renew InternationalGENERAL USE | Plainfield, NJ | $30K | 2023 |
| Mercy Home For Boys GirlsGENERAL USE | Chicago, IL | $22K | 2023 |
| Ewuaso Kedong Catholic ChurchGENERAL USE | Ngong Hills | $20K | 2023 |
| Catholic Relief ServicesGENERAL USE | Baltimore, MD | $18K | 2023 |
| Haiti Solidarity Network Of North EGENERAL USE | Jersey City, NJ | $16K | 2023 |
| Sma FathersGENERAL USE | Tenafly, NJ | $14K | 2023 |
| St Cecilia Roman Catholic ChrcGENERAL USE | Englewood, NJ | $12K | 2023 |
| Villa Marie ClaireGENERAL USE | Saddle River, NJ | $12K | 2023 |
| St Mary Of The AssumptionGENERAL USE | Elizabeth, NJ | $11K | 2023 |
| Madonna ChurchGENERAL USE | Fort Lee, NJ | $10K | 2023 |
| St Paul'S Grammar SchoolGENERAL USE | Princeton, NJ | $9K | 2023 |
| Missionaries Of CharityGENERAL USE | Bronx, NY | $8K | 2023 |
| St Joseph'S Home For The ElderlyGENERAL USE | Totowa, NJ | $7K | 2023 |
| St Thomas The Apostle ChurchGENERAL USE | Cherry Valley, NY | $7K | 2023 |
| Mount St Mary'S SeminaryGENERAL USE | Emmitsburg, MD | $6K | 2023 |
| Sudan ReliefGENERAL USE | Washington, DC | $6K | 2023 |
| Holy Redeemer Health SystemGENERAL USE | Huntingdon Valley, PA | $6K | 2023 |
| Catholic Charities UsaGENERAL USE | Alexandria, VA | $6K | 2023 |
| Our Lady Of Czestochowa ChurchGENERAL USE | Jersey City, NJ | $6K | 2023 |
| Trinity MissionsGENERAL USE | Silver Springs, MD | $6K | 2023 |
| Catholic CharitiesGENERAL USE | Trenton, NJ | $6K | 2023 |
| CnewaGENERAL USE | New Yrok, NY | $5K | 2023 |
| Bedford Hills Correctional FacilityGENERAL USE | Bedford Hills, NY | $5K | 2023 |
| Unboundchristian Fnd For ChildagingGENERAL USE | Kansas City, MO | $5K | 2023 |
| City Of St JudeGENERAL USE | Montgomery, AL | $4K | 2023 |
| The JosephitesGENERAL USE | Baltimore, MD | $4K | 2023 |
| The Basilica Ofst Mary'S Star Of ThGENERAL USE | Key West, FL | $4K | 2023 |
| Assumption College For SistersGENERAL USE | Denville, NJ | $4K | 2023 |
| Our Lady Of MercyGENERAL USE | Park Ridge, NJ | $4K | 2023 |
| St Paul Apostle ChurchGENERAL USE | Jersey City, NJ | $4K | 2023 |
| St Margaret Of AntiochGENERAL USE | Pearl River, NY | $3K | 2023 |
| Sacred Heart Southern MissionGENERAL USE | Walls, MS | $3K | 2023 |
| Caroline House IncGENERAL USE | Bridgeport, CT | $3K | 2023 |
| Saint Vincent AcademyGENERAL USE | Newark, NJ | $3K | 2023 |
| Marydell Faith Life CenterGENERAL USE | Nyack, NY | $2K | 2023 |
| The Paulist PressGENERAL USE | Mahwah, NJ | $2K | 2023 |
| Aid To The Church In NeedGENERAL USE | Brooklyn, NY | $2K | 2023 |
| Sisters Of Charity Of Saint ElizabeGENERAL USE | Convent Station, NJ | $2K | 2023 |
| Catholic Research ResourcesGENERAL USE | Madison, WI | $500 | 2023 |