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Looney Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2018. The principal officer is Foundation Source. It holds total assets of $735K. Annual income is reported at $217K. Total assets have grown from $306K in 2019 to $735K in 2024. 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 2024. According to available records, Looney Family Foundation has made 7 grants totaling $175K, with a median grant of $15K. Annual giving has decreased from $125K in 2020 to $50K in 2022. Individual grants have ranged from $10K to $100K, with an average award of $25K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
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.
Looney Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NY.
Looney Family Foundation has distributed a total of $175K across 7 grants. The median grant size is $15K, with an average of $25K. Individual grants have ranged from $10K to $100K.
Looney Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Looney Family Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elisabeth Looney | Dir, VP | $0 | $0 | N/A |
| Jonathan T Looney | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$735K
Fair Market Value
N/A
Net Worth
$735K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$175K
Average Grant
$25K
Median Grant
$15K
Unique Recipients
3
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hope Presbyterian ChurchGeneral & Unrestricted | Syracuse, NY | $15K | 2022 |
| Eagle Wings Academy Scholarships And Student SuppoGeneral & Unrestricted | Syracuse, NY | $10K | 2022 |
| Faith Heritage SchoolCapital Campaign | Syracuse, NY | $100K | 2020 |