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Also known as: C/O HUGH BLAIR
Picozzi Family Foundation Inc. is a private corporation based in SUMMIT, NJ. The foundation received its IRS ruling in 2007. The principal officer is % Hugh Blair. It holds total assets of $1.8M. Annual income is reported at $1.1M. PROVIDED COLLEGE SCHOLARSHIPS TO QUALIFIED COLLEGE & HIGH SCHOOL GRADUATES & PRIVATE HIGH SCHOOL ACADEMIC SCHOLARSHIPS TO INNER-CITY AND FINANCIALLY NEEDY STUDENTS. According to available records, Picozzi Family Foundation Inc. has made 4 grants totaling $189K, with a median grant of $41K. Annual giving has decreased from $122K in 2022 to $68K in 2023. Individual grants have ranged from $40K to $68K, with an average award of $47K. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
PROVIDED COLLEGE SCHOLARSHIPS TO QUALIFIED COLLEGE & HIGH SCHOOL GRADUATES & PRIVATE HIGH SCHOOL ACADEMIC SCHOLARSHIPS TO INNER-CITY AND FINANCIALLY NEEDY STUDENTS
Expenses: $34K
PROVIDED COLLEGE SCHOLARSHIPS TO QUALIFIED COLLEGE & HIGH SCHOOL GRADUATES & PRIVATE HIGH SCHOOL ACADEMIC SCHOLARSHIPS TO INNER-CITY AND FINANCIALLY NEEDY STUDENTS. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NJ.
Picozzi Family Foundation Inc. has distributed a total of $189K across 4 grants. The median grant size is $41K, with an average of $47K. Individual grants have ranged from $40K to $68K.
Picozzi Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Picozzi Family Foundation Inc. is headquartered in SUMMIT, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hugh Blair | SECRETARY | $0 | $0 | $0 |
| Nicholas Cannone | TREASURER | $0 | $0 | $0 |
| Robert Picozzi | PRESIDENT | $0 | $0 | $0 |
| Michael Picozzi | VICE-PRESIDE | $0 | $0 | $0 |
Total Giving
$130K
Total Assets
$1.9M
Fair Market Value
$1.9M
Net Worth
$1.9M
Grants Paid
$68K
Contributions
$0
Net Investment Income
$69K
Distribution Amount
$0
Total: $0
Total Grants
4
Total Giving
$189K
Average Grant
$47K
Median Grant
$41K
Unique Recipients
1
Most Common Grant
$41K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| High School College StudentsACADEMIC SCHOLAR PRIV HS & COLLEGE | Summit, NJ | $68K | 2023 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
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