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Also known as: C/O RONETCO SUPERMARKETS INC
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R & R Family Foundation Inc. is a private corporation based in LEDGEWOOD, NJ. The foundation received its IRS ruling in 2008. The principal officer is David P Romano. It holds total assets of $2.5M. Annual income is reported at $1M. Total assets have decreased from $3.2M in 2011 to $1.9M in 2022. The foundation is governed by 5 officers and trustees. The foundation operates in the area of education. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New Jersey. According to available records, R & R Family Foundation Inc. has made 19 grants totaling $906K, with a median grant of $20K. Annual giving has decreased from $597K in 2021 to $309K in 2022. Individual grants have ranged from $2K to $288K, with an average award of $48K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$15K
Average Grant
$31K
Largest Grant
$130K
Based on 10 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.
R & R Family Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in NJ.
R & R Family Foundation Inc. has distributed a total of $906K across 19 grants. The median grant size is $20K, with an average of $48K. Individual grants have ranged from $2K to $288K.
The application deadline is NONE.. Any awards given must be used for a qualifying charitable purpose.
R & R Family Foundation Inc. is headquartered in LEDGEWOOD, NJ.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joe Cavaleri | TREASURER/TRUSTEE | $0 | $0 | N/A |
| Kathryn P Romano | SECRETARY/TRUSTEE | $0 | $0 | N/A |
| Dominick J Romano | CO-PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| David P Romano | CO-PRESIDENT/TRUSTEE | $0 | $0 | N/A |
| Nina A Romano | VICE PRESIDENT/TRUSTEE | $0 | $0 | N/A |
Total Giving
$176K
Total Assets
$1.9M
Fair Market Value
$1.9M
Net Worth
$1.9M
Grants Paid
$163K
Contributions
$111K
Net Investment Income
$44K
Distribution Amount
$95K
Total: $1.8M
Total Grants
19
Total Giving
$906K
Average Grant
$48K
Median Grant
$20K
Unique Recipients
13
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Growing StageSUPPORTING THEATER FOR CHILDREN IN NJ | Newton, NJ | $130K | 2022 |
| ScarcSUPPORT OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES | Augusta, NJ | $77K | 2022 |
| Newton Memorial HospitalMEDICAL AND RESEARCH ASSISTANCE | Newton, NJ | $27K | 2022 |
| Pope John High SchoolSUPPORT OF EDUCATION | Sparta, NJ | $25K | 2022 |
| St Vincent Catholic ChurchRELIGIOUS SUPPORT | Madison, NJ | $20K | 2022 |
| Project Self SufficiencyASSISTANCE TO SINGLE PARENTS, TEEN PARENTS AND PARENTS IN NEED | Newton, NJ | $10K | 2022 |
| Jersey Battered Women'S Shelter (Jbws)SUPPORT OF ABUSED WOMEN AND CHILDREN | Morristown, NJ | $8K | 2022 |
| Birth HavenSUPPORT OF PREGNANT WOMEN | Newton, NJ | $5K | 2022 |
| Morristown Medical Center FoundationMEDICAL RESEARCH AND IMPROVING PATIENTS LIVES | Morristown, NJ | $5K | 2022 |
| Karen Ann Quinlan Charitable FoundationHOSPICE CARE AND SUPPORT | Newton, NJ | $2K | 2022 |
| Blair AcademyGENERAL CHARITABLE | Blairstown, NJ | $288K | 2021 |
| Boys Scouts Of AmericaGENERAL CHARITABLE | Rockaway, NJ | $50K | 2021 |
| Papermill PlayhouseGENERAL CHARITABLE | Millburn, NJ | $10K | 2021 |