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Also known as: C/O MARCUM LLP
Joseph And Susan Gatto Foundation is a private trust based in MELVILLE, NY. The foundation received its IRS ruling in 1998. The principal officer is % The Foundation. It holds total assets of $7.4M. Annual income is reported at $470K. PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL. According to available records, Joseph And Susan Gatto Foundation has made 4 grants totaling $2M, with a median grant of $507K. The foundation has distributed between $495K and $511K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $511K distributed across 1 grants. Individual grants have ranged from $495K to $511K, with an average award of $505K. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL
REVENUE CODE SECTION 501(C)(3).
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CT.
Joseph And Susan Gatto Foundation has distributed a total of $2M across 4 grants. The median grant size is $507K, with an average of $505K. Individual grants have ranged from $495K to $511K.
Joseph And Susan Gatto Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joseph And Susan Gatto Foundation is headquartered in MELVILLE, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph D Gatto | TRUSTEE | $0 | $0 | $0 |
| Susan Gatto | TRUSTEE | $0 | $0 | $0 |
Total Giving
$508K
Total Assets
$7.2M
Fair Market Value
$9.6M
Net Worth
$7.2M
Grants Paid
$506K
Contributions
$0
Net Investment Income
$329K
Distribution Amount
$493K
Total: $6.2M
Total Grants
4
Total Giving
$2M
Average Grant
$505K
Median Grant
$507K
Unique Recipients
1
Most Common Grant
$495K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Statement ASEE STATEMENT A | See Statement A, CT | $506K | 2023 |
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