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Joseph And Grace Mazzarella Educational Foundation Trust is a private trust based in BRICK, NJ. The foundation received its IRS ruling in 2000. The principal officer is Sin Fitzsimmons Cantoli West. It holds total assets of $6.3M. Annual income is reported at $241K. Total assets have grown from $77K in 2011 to $6.3M in 2024. The foundation is governed by 3 officers and trustees. Scholarships. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in New Jersey. According to available records, Joseph And Grace Mazzarella Educational Foundation Trust has made 21 grants totaling $828K, with a median grant of $25K. Annual giving has grown from $375K in 2022 to $453K in 2023. Individual grants have ranged from $3K to $178K, with an average award of $39K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$20K
Median Grant
$20K
Average Grant
$28K
Largest Grant
$60K
Based on 9 grants from the most recent 990-PF filing.
Scholarships
Scholarships. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in NJ.
Joseph And Grace Mazzarella Educational Foundation Trust has distributed a total of $828K across 21 grants. The median grant size is $25K, with an average of $39K. Individual grants have ranged from $3K to $178K.
Joseph And Grace Mazzarella Educational Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Joseph And Grace Mazzarella Educational Foundation Trust is headquartered in BRICK, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dr Michael Lepis | TRUSTEE | $0 | $0 | N/A |
| Mari Ann Pepe | TRUSTEE | $0 | $0 | N/A |
| Joann M Gordon | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$6.3M
Fair Market Value
N/A
Net Worth
$6.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
21
Total Giving
$828K
Average Grant
$39K
Median Grant
$25K
Unique Recipients
11
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Individual ScholarshipsSCHOLARSHIP COMMITTEE | Brick, NJ | $178K | 2023 |
| Toms River Regional School DistrictSCHOLARSHIPCOMMITTEE | Toms River, NJ | $75K | 2023 |
| Brick Memorial High SchoolSCHOLARSHIPCOMMITTEE | Brick, NJ | $25K | 2023 |
| Brick High SchoolSCHOLARSHIPCOMMITTEE | Brick, NJ | $25K | 2023 |
| Donovan CatholicSCHOLARSHIPCOMMITTEE | Toms River, NJ | $25K | 2023 |
| Point Boro High SchoolSCHOLARSHIPCOMMITTEE | Point Pleasant, NJ | $25K | 2023 |
| Manasquan High SchoolSCHOLARSHIPCOMMITTE | Manasquan, NJ | $25K | 2023 |
| St RoseSCHOLARSHIP COMMITTE | Belmar, NJ | $25K | 2023 |
| Central RegionalSCHOLARSHIPCOMMITTEE | Bayville, NJ | $25K | 2023 |
| Pt Pleasant Bd Of EdSCHOLARSHIPCOMMITTEE | Point Pleasant Beach, NJ | $25K | 2023 |
| Point Pleasant Beach HsSCHOLARSHIPCOMMITTEE | Point Pleasant Beach, NJ | $3K | 2022 |