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Larini Family Foundation Inc. is a private corporation based in BERNARDSVILLE, NJ. The foundation received its IRS ruling in 1999. The principal officer is Ernest J Larini. It holds total assets of $649K. Annual income is reported at $159K. Total assets have decreased from $1.1M in 2011 to $732K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in New Jersey, New York and Indiana. According to available records, Larini Family Foundation Inc. has made 18 grants totaling $140K, with a median grant of $3K. Annual giving has decreased from $94K in 2022 to $46K in 2023. Individual grants have ranged from $500 to $50K, with an average award of $8K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in New Jersey, New York, Pennsylvania, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$25K
Average Grant
$25K
Largest Grant
$42K
Based on 5 grants from the most recent 990-PF filing.
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.
Larini Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NJ, NY, PA.
Larini Family Foundation Inc. has distributed a total of $140K across 18 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $500 to $50K.
Larini Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Larini Family Foundation Inc. is headquartered in BERNARDSVILLE, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Veronica Larini | V. PRESIDENT | $0 | $0 | N/A |
| Ernest Larini | PRESIDENT | $0 | $0 | N/A |
Total Giving
$53K
Total Assets
$732K
Fair Market Value
$1.3M
Net Worth
$732K
Grants Paid
$46K
Contributions
N/A
Net Investment Income
$25K
Distribution Amount
$61K
Total Grants
18
Total Giving
$140K
Average Grant
$8K
Median Grant
$3K
Unique Recipients
13
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kevin J Hannaford Sr FoundationCHARITABLE | Spring Lake, NJ | $1K | 2023 |
| Molloy UniversityCHARITABLE | Rockville Centre, NY | $24K | 2023 |
| Hemophilia AssocCHARITABLE | East Brunswick, NJ | $5K | 2023 |
| Chester County Community FoundationCHARITABLE | West Chester, PA | $4K | 2023 |
| Save Long Beach Island IncCHARITABLE | Surf City, NJ | $3K | 2023 |
| Embrace Kids FoundationCHARITABLE | New Brunswick, NJ | $2K | 2023 |
| Shannon Daley Memorial FundCHARITABLE | Whitehouse Station, NJ | $2K | 2023 |
| All Hallows High SchoolCHARITABLE | Bronx, NY | $1K | 2023 |
| Tunnel To Towers FoundationCHARITABLE | Staten Island, NY | $1K | 2023 |
| Cornell CenterCHARITABLE | Ithaca, NY | $1K | 2023 |
| Alzheimer'S AssociationCHARITABLE | Arlington, VA | $500 | 2023 |
| Foundation For Morris Medical CenteCHARITABLE | Morristown, NJ | $50K | 2022 |
| Community In CrisisCHARITABLE | Bernardsville, NJ | $5K | 2022 |