//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Nearing Butremuk Family Foundation Inc. is a private corporation based in CARMEL, NY. The foundation received its IRS ruling in 2009. The principal officer is Joseph Demarzo. It holds total assets of $572K. Annual income is reported at $231K. Total assets have decreased from $1M in 2011 to $620K in 2023. The foundation is governed by 5 officers and trustees. Arc greater hudson. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in New York. According to available records, Nearing Butremuk Family Foundation Inc. has made 15 grants totaling $375K, with a median grant of $25K. Annual giving has decreased from $250K in 2022 to $125K in 2023. Individual grants have ranged from $20K to $30K, with an average award of $25K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$16K
Largest Grant
$30K
Based on 4 grants from the most recent 990-PF filing.
Sawyer foundation
Expenses: $25K
Putnam recreation for handicapped
Expenses: $15K
Parkside preschool
Expenses: $25K
Cooley foundation 15000 arc greater hudson valley 30000
Expenses: $45K
Arc greater hudson. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in NY.
Nearing Butremuk Family Foundation Inc. has distributed a total of $375K across 15 grants. The median grant size is $25K, with an average of $25K. Individual grants have ranged from $20K to $30K.
Nearing Butremuk Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Nearing Butremuk Family Foundation Inc. is headquartered in CARMEL, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lance Demarzo | DIRECTOR | $0 | $0 | N/A |
| Joan Demarzo | VICE PRESIDENT TREASURER | $0 | $0 | N/A |
| Susan Demarzo | DIRECTOR | $0 | $0 | N/A |
| Joseph Demarzo | PRESIDENT | $0 | $0 | N/A |
| Patte Horn | DIRECTOR | $0 | $0 | N/A |
Total Giving
$136K
Total Assets
$620K
Fair Market Value
$863K
Net Worth
$620K
Grants Paid
$125K
Contributions
N/A
Net Investment Income
$25K
Distribution Amount
N/A
Total: $552K
Total Grants
15
Total Giving
$375K
Average Grant
$25K
Median Grant
$25K
Unique Recipients
7
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sawyer FoundationPRESCHOOL DONATION | Carmel, NY | $25K | 2023 |
| Cooley FoundationDISABILITIES | Carmel, NY | $30K | 2023 |
| Greater Hudson ArcSCHOOL DONATION | Callicoon, NY | $30K | 2023 |
| Park Pre SchoolPRESCHOOL RESPITE | Carmel, NY | $20K | 2023 |
| Putnam Rec ProgramsSCHOOL DONATION | Callicoon, NY | $20K | 2023 |
| Arc Of Mid HudsonPRESCHOOL RESPITE | Carmel, NY | $30K | 2022 |
| SawyerPRESCHOOL DONATION | Carmel, NY | $25K | 2022 |