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Pockets - A Family Foundation is a private trust based in HARRINGTON PK, NJ. The foundation received its IRS ruling in 2021. The principal officer is Maureen E Ferrara. It holds total assets of $1.6M. Annual income is reported at $559K. Total assets have grown from $695K in 2020 to $1.2M in 2023. The foundation is governed by 3 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. Grantmaking is concentrated in New Jersey. According to available records, Pockets - A Family Foundation has made 14 grants totaling $125K, with a median grant of $8K. Annual giving has decreased from $80K in 2022 to $45K in 2023. Individual grants have ranged from $5K to $20K, with an average award of $9K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in New Jersey and California and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$8K
Average Grant
$10K
Largest Grant
$20K
Based on 4 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.
Pockets - A Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NJ, CA, NY.
Pockets - A Family Foundation has distributed a total of $125K across 14 grants. The median grant size is $8K, with an average of $9K. Individual grants have ranged from $5K to $20K.
Pockets - A Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pockets - A Family Foundation is headquartered in HARRINGTON PK, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Maureen Ferrara | TRUSTEE | $0 | $0 | N/A |
| Christopher J Ferrara | TRUSTEE | $0 | $0 | N/A |
| Elizabeth A Ferrara | TRUSTEE | $0 | $0 | N/A |
Total Giving
$57K
Total Assets
$1.2M
Fair Market Value
$1.2M
Net Worth
$1.2M
Grants Paid
$45K
Contributions
N/A
Net Investment Income
$17K
Distribution Amount
$54K
Total: $178K
Total Grants
14
Total Giving
$125K
Average Grant
$9K
Median Grant
$8K
Unique Recipients
8
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New York Marine Rescue CenterTO SUPPORT MARINE CONSERVATION THROUGH EDUCATION, RESEARCH AND ADVOCACY VIA RESCUE/RELEASE OF MARINE LIFE IN THE NORTH ATLANTIC | Riverhead, NY | $10K | 2023 |
| New Jersey Conservation FoundationFOR THE PRESERVATION AND PROTECTION OF NATURAL LAND SPACES IN NEW JERSEY | Far Hills, NJ | $10K | 2023 |
| Island ConservationTO SUPPORT THE PRESERVATION AND PROTECTION OF ISLAND BIODIVERSITY WORLDWIDE BY HUMANE INVASIVE SPECIES REMOVAL | City Of Industry, CA | $10K | 2023 |
| Clean Ocean ActionTO SUPPORT THE ADVANCEMENT OF HEALTHIER MARINE WATERS OFF THE COASTS OF NY AND NJ | Long Branch, NJ | $5K | 2023 |
| Hackensack Riverkeeper IncTO SUPPORT THE EDUCATION/PROTECTION OF THE ENVIRONMENT SURROUNDING THE HACKENSACK RIVER WATERSHED | Hackensack, NJ | $5K | 2023 |
| The Raptor TrustTO SUPPORT EDUCATIONAL AND REHAB/RELEASE PROGRAMS FOR INJURED OR ORPHANED BIRDS | Millington, NJ | $5K | 2023 |
| Ironbound Community CorporationTO SUPPORT THE ENVIRONMENTAL JUSTICE AND ADVOCACY PROGRAM | Newark, NJ | $20K | 2022 |
| Habitat For Humanity Of Bergen CountyTO CONTRIBUTE TO THE CONSTRUCTION OF HOMES WITH LEED CERTIFICATION STATUS | Westwood, NJ | $10K | 2022 |