Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Montani Fam Charitable Foundation Trust Agreement is a private trust based in LEWISTON, NY. The foundation received its IRS ruling in 2018. The principal officer is Larry Montani. It holds total assets of $2.7M. Annual income is reported at $1.1M. 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 2020 to 2023. The foundation primarily funds organizations in New York, Massachusetts and Georgia. According to available records, Montani Fam Charitable Foundation Trust Agreement has made 28 grants totaling $1.2M, with a median grant of $28K. Annual giving has grown from $275K in 2020 to $600K in 2022. Individual grants have ranged from $5K to $110K, with an average award of $42K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in New York and Massachusetts and Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$50K
Average Grant
$49K
Largest Grant
$100K
Based on 6 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.
Montani Fam Charitable Foundation Trust Agreement primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in NY, MA, GA.
Montani Fam Charitable Foundation Trust Agreement has distributed a total of $1.2M across 28 grants. The median grant size is $28K, with an average of $42K. Individual grants have ranged from $5K to $110K.
Montani Fam Charitable Foundation Trust Agreement typically selects its grantees rather than accepting unsolicited proposals.
Montani Fam Charitable Foundation Trust Agreement is headquartered in LEWISTON, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Montani | TRUSTEE | $0 | $0 | N/A |
| Larry Montani | TRUSTEE | $0 | $0 | N/A |
Total Giving
$361K
Total Assets
$2.9M
Fair Market Value
$3.3M
Net Worth
$2.9M
Grants Paid
$343K
Contributions
N/A
Net Investment Income
$167K
Distribution Amount
$267K
Total: $2.6M
Total Grants
28
Total Giving
$1.2M
Average Grant
$42K
Median Grant
$28K
Unique Recipients
10
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Niagara UniversityMICHAEL AND AUGUSTA BRANNEN SCHOLARSHIP FUND | Niagara University, NY | $110K | 2022 |
| Catholic Charities Of BuffaloGENERAL | Buffalo, NY | $65K | 2022 |
| Heart Love And SoulGENERAL | Niagara Falls, NY | $55K | 2022 |
| University At Buffalo FoundationGENERAL | Buffalo, NY | $25K | 2022 |
| The Boston HomeGENERAL | Dorchester Center, MA | $25K | 2022 |
| Hand In Hand Of GlynnGENERAL | Brunswick, GA | $8K | 2022 |
| College Of Coastal Georgia Foundation IncGENERAL | Brunswick, GA | $8K | 2022 |
| Mount St Mary'S Hospital FoundationGENERAL | Lewiston, NY | $5K | 2022 |
| St Williams Catholic ChurchGENERAL | St Simons Island, GA | $15K | 2021 |
| St Peter Roman Catholic ChurchGENERAL | Lewiston, NY | $10K | 2020 |