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Remondi Family Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2007. The principal officer is % Foundation Source. It holds total assets of $29.9M. Annual income is reported at $6.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Remondi Family Foundation has made 12 grants totaling $11.7M, with a median grant of $137K. Annual giving has decreased from $11.6M in 2022 to $134K in 2023. Individual grants have ranged from $10K to $5.2M, with an average award of $979K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Massachusetts and Rhode Island and New York. Contributions to this foundation are tax-deductible.
Remondi Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in MA, RI, NY.
Remondi Family Foundation has distributed a total of $11.7M across 12 grants. The median grant size is $137K, with an average of $979K. Individual grants have ranged from $10K to $5.2M.
Remondi Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Remondi Family Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John F Remondi | TRUSTEE | $0 | $0 | $0 |
| Dorothy A Remondi | TRUSTEE | $0 | $0 | $0 |
| Stephen A Remondi | TRUSTEE | $0 | $0 | $0 |
| Joseph Mitchell | TRUSTEE | $0 | $0 | $0 |
| Christopher C Remondi | TRUSTEE | $0 | $0 | $0 |
Total Giving
$354K
Total Assets
$27M
Fair Market Value
$39.1M
Net Worth
$27M
Grants Paid
$134K
Contributions
$695K
Net Investment Income
$569K
Distribution Amount
$1.6M
Total: $9.2M
Total Grants
12
Total Giving
$11.7M
Average Grant
$979K
Median Grant
$137K
Unique Recipients
6
Most Common Grant
$150K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cathedral High School IncGENERAL | Boston, MA | $124K | 2023 |
| Academy Of The Holy NamesGENERAL | Albany, NY | $10K | 2023 |
| Adopt-A-Student FoundationGENERAL | Boston, MA | $5.2M | 2022 |
| Lawrence Catholic AcademyGENERAL | Lawrence, MA | $250K | 2022 |
| Camp Harbor View Foundation IncGENERAL | Boston, MA | $150K | 2022 |
| John J Remondi |
| TRUSTEE |
| $0 |
| $0 |
| $0 |
| Diane Defalco | TRUSTEE | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Women & Infants HospitalGENERAL |
| Warwick, RI |
| $100K |
| 2022 |
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