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Mario Family Foundation is a private corporation based in CHATHAM, NJ. The foundation received its IRS ruling in 1997. The principal officer is % Ernest Mario. It holds total assets of $26M. Annual income is reported at $5.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mario Family Foundation has made 71 grants totaling $6.9M, with a median grant of $95K. Annual giving has grown from $1.7M in 2020 to $5.2M in 2022. Individual grants have ranged from $3K to $500K, with an average award of $98K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in North Carolina, New Jersey, Maryland, which account for 65% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Mario Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 71 grants. Its grantmaking reaches organizations primarily in NC, NJ, MD.
Mario Family Foundation has distributed a total of $6.9M across 71 grants. The median grant size is $95K, with an average of $98K. Individual grants have ranged from $3K to $500K.
Mario Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mario Family Foundation is headquartered in CHATHAM, NJ. While based in NJ, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marylou Rowe | EXECUTIVE DIRECTOR | $21K | $0 | $21K |
| Jeremy K Mario | DIRECTOR | $5K | $0 | $5K |
| Jeffrey Spritzer | DIRECTOR | $5K | $0 | $5K |
| Christopher B Mario | DIRECTOR | $5K | $0 | $5K |
| Gregory G Mario | DIRECTOR | $3K | $0 | $3K |
Total Giving
$2.3M
Total Assets
$25.3M
Fair Market Value
$34.3M
Net Worth
$25.3M
Grants Paid
$1.9M
Contributions
$39K
Net Investment Income
$1.9M
Distribution Amount
$1.6M
Total: $23.2M
Total Grants
71
Total Giving
$6.9M
Average Grant
$98K
Median Grant
$95K
Unique Recipients
28
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rutgers Biomedical And Health SciencesEDUCATION | New Brunswick, NJ | $500K | 2022 |
| Trinity CollegeANNUAL FUND | Hartford, CT | $252K | 2022 |
| Us Naval Academy FoundationANNUAL BUILDING FUND | Annapolis, MD | $250K | 2022 |
| Duke University HealthFAMILY CHRONIC CARE IMPROVEMENT FD & MEDICAL CENTER | Durham, NC | $220K | 2022 |
| Duke University PediatricsHELP CHILDREN IMPROVE & EXPAND CARE | Durham, NC | $111K | 2022 |
| Samantha Ventimiglia |
| DIRECTOR |
| $3K |
| $0 |
| $3K |
| Dr Ernest Mario | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Open Table MinistryHELP PROVIDE HOUSING | Durham, NC | $105K | 2022 |
| Cristo Rey Network$50,000 - PUTTING EDUCATION TO WORK CAMPAIGN$50,000 - JOHN P FOLEY SJ LEGACY FUND | Chicago, IL | $100K | 2022 |
| Duke University Athletic AssocBASKETBALL LEGACY FUND | Durham, NC | $100K | 2022 |
| Naval Institute FoundationCONFERENCE CENTER PHOTO ARCHIVE ROOM | Annapolis, MD | $100K | 2022 |
| University Of Rhode Island - College Of PharmacyANNUAL FUND SUPPORT OF EDUCATION & RESEARCH | Kingston, RI | $100K | 2022 |
| Trustees Of The University Of PennsylvaniaPENN BAND ENDOWMENT FD | Philadelphia, PA | $100K | 2022 |
| Ssn 777 ClubOPERATING FUND & MUSEUM MEMORIAL | Durham, NC | $75K | 2022 |
| Duke UniversityMEDICAL SCHOLARSHIPS | Durham, NC | $70K | 2022 |
| Housing NantucketHELP PROVIDE QUALITY HOUSING | Nantucket, MA | $65K | 2022 |
| The Lawrenceville SchoolINTERNATIONAL TRAVEL FUND | Lawrenceville, NJ | $50K | 2022 |
| Palo Alto Historical AssocMILLIE MARIO MOVING IMAGES COLLECTION | Palo Alto, CA | $20K | 2022 |
| Spectrum For LivingHELP ADULTS WITH DISABILITIES | River Vale, NJ | $10K | 2022 |
| St Stephen And The Incarnation Episcopal ChurchOPERATING FUND | Washington, DC | $5K | 2022 |
| Rutgers School Of PharmacyEDUCATION | New Brunswick, NJ | $251K | 2020 |
| Trinity School Of Durham & Chapel HillTRINITY FUND | Durham, NC | $175K | 2020 |
| Institute For JusticeOPERATING FUND | Arlington, VA | $150K | 2020 |
| University Of PennsylvaniaPENN BAND | Philadelphia, PA | $100K | 2020 |
| American Pharmacists Association FoundationREMINGTON ENDOWMENT FUND | Washington, DC | $50K | 2020 |
| Duke University MedicineDEPARTMENT OF MEDICINE SCIENCE | Durham, NC | $50K | 2020 |
| American Foundation For Pharmaceutical EducOPERATING FUND | Washington, DC | $50K | 2020 |
| Ucsf FoundationUROLOGIC ONCOLOGY FUND | San Francisco, CA | $25K | 2020 |
| St Patricks Episcopal Day SchoolANNUAL OPERATING FUND | Washington, DC | $15K | 2020 |
| National Pku AllianceMEDICAL NEEDS FOR CHILDREN WITH PKU | Eau Claire, WI | $3K | 2020 |
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