Joseph D Loconti Foundation is a private trust based in MANCHESTER, NH. The foundation received its IRS ruling in 2019. The principal officer is % Jo Anne Garvey. It holds total assets of $6.1M. Annual income is reported at $1.5M. The foundation operates in the area of human services. According to available records, Joseph D Loconti Foundation has made 4 grants totaling $1.1M, with a median grant of $63K. Annual giving has grown from $135K in 2021 to $1M in 2022. Individual grants have ranged from $10K to $1M, with an average award of $284K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Tennessee and New Hampshire and Massachusetts. Contributions to this foundation are tax-deductible.
Joseph D Loconti Foundation 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 TN, NH, MA.
Joseph D Loconti Foundation has distributed a total of $1.1M across 4 grants. The median grant size is $63K, with an average of $284K. Individual grants have ranged from $10K to $1M.
Joseph D Loconti Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joseph D Loconti Foundation is headquartered in MANCHESTER, NH. While based in NH, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jo Anne Garvey | Trustee | $0 | $0 | $0 |
| Rachael Garvey | Trustee | $0 | $0 | $0 |
| Joseph Rossi | Trustee | $0 | $0 | $0 |
Total Giving
$531K
Total Assets
$6M
Fair Market Value
$5.8M
Net Worth
$6M
Grants Paid
$500K
Contributions
$0
Net Investment Income
$226K
Distribution Amount
$283K
Total Grants
4
Total Giving
$1.1M
Average Grant
$284K
Median Grant
$63K
Unique Recipients
4
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Jude Children'S Research HospitaCONSTRUCTION OF RESEARCH LABORATORIES | Memphis, TN | $1M | 2022 |
| New Hapshire Food BankGENERAL USE OF THE ORGANIZATION | Manchester, NH | $100K | 2021 |
| Born To RunGeneral use of the organization | Medfield, MA | $25K | 2021 |
| The Friends ProgramGENERAL USE OF THE ORGANIZATION | Concord, NH | $10K | 2021 |
| 2019 | 990PF | View |
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