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Petrovic-Gubin Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2020. It holds total assets of $11.8M. Annual income is reported at $2.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Petrovic-Gubin Foundation has made 19 grants totaling $770K, with a median grant of $50K. Annual giving has decreased from $570K in 2022 to $200K in 2023. Individual grants have ranged from $10K to $75K, with an average award of $41K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in California, Ohio, Massachusetts, which account for 58% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Petrovic-Gubin Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in CA, OH, MA.
Petrovic-Gubin Foundation has distributed a total of $770K across 19 grants. The median grant size is $50K, with an average of $41K. Individual grants have ranged from $10K to $75K.
Petrovic-Gubin Foundation typically selects its grantees rather than accepting unsolicited proposals.
Petrovic-Gubin Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Shacey M Petrovic | CO-TRUSTEE | $0 | $0 | $0 |
| Nathan M Gubin | CO-TRUSTEE | $0 | $0 | $0 |
Total Giving
$350K
Total Assets
$11M
Fair Market Value
$11.9M
Net Worth
$11M
Grants Paid
$200K
Contributions
$2.1M
Net Investment Income
$1.6M
Distribution Amount
$429K
Total: $0
Total Grants
19
Total Giving
$770K
Average Grant
$41K
Median Grant
$50K
Unique Recipients
8
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Diabetes AssociationUNRESTRICTED GENERAL | Arlington, VA | $10K | 2022 |
| Partners In HealthUNRESTRICTED GENERAL | Boston, MA | $50K | 2023 |
| T-1 Today Inc (Children With Diabetes)UNRESTRICTED GENERAL | Chester, OH | $50K | 2023 |
| Bank Of America Charitable Grant FundUNRESTRICTED GENERAL | Dallas, TX | $50K | 2023 |
| The Diatribe FoundationUNRESTRICTED GENERAL | San Francisco, CA |
| $25K |
| 2023 |
| Employ MilwaukeeUNRESTRICTED GENERAL | Milwaukee, WI | $25K | 2023 |
| Taking Control Of Your DiabetesUNRESTRICTED GENERAL | Solano Beach, CA | $75K | 2022 |
| Walkers Point Youth And Family CenterUNRESTRICTED GENERAL | Milwaukee, WI | $25K | 2022 |
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