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Also known as: FOUNDATION INC
Rocco A And Mary Abessinio Foundation Inc. is a private corporation based in CONCORDVILLE, PA. The foundation received its IRS ruling in 2002. The principal officer is % Richards Layton & Finger Pa. It holds total assets of $69.1M. Annual income is reported at $3.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Rocco A And Mary Abessinio Foundation Inc. has made 70 grants totaling $14M, with a median grant of $3K. Annual giving has decreased from $8.5M in 2020 to $917K in 2023. Individual grants have ranged from $100 to $4.8M, with an average award of $200K. The foundation has supported 41 unique organizations. The foundation primarily supports organizations in Delaware, Rhode Island, Florida, which account for 67% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Rocco A And Mary Abessinio Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 70 grants. Its grantmaking reaches organizations primarily in DE, RI, FL.
Rocco A And Mary Abessinio Foundation Inc. has distributed a total of $14M across 70 grants. The median grant size is $3K, with an average of $200K. Individual grants have ranged from $100 to $4.8M.
Rocco A And Mary Abessinio Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Rocco A And Mary Abessinio Foundation Inc. is headquartered in CONCORDVILLE, PA. While based in PA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary F Abessinio | DIRECTOR | $0 | $0 | $0 |
| Rocco A Abessinio | DIRECTOR | $0 | $0 | $0 |
| Joanne F Fabrizio | DIRECTOR | $0 | $0 | $0 |
| Vincent T Abessinio | DIRECTOR | $0 | $0 | $0 |
| Peter G Abessinio | DIRECTOR | $0 | $0 | $0 |
Total Giving
$2.1M
Total Assets
$60.1M
Fair Market Value
$60.1M
Net Worth
$51.6M
Grants Paid
$2.1M
Contributions
$10M
Net Investment Income
$1.9M
Distribution Amount
$2.4M
Total: $51.6M
Total Grants
70
Total Giving
$14M
Average Grant
$200K
Median Grant
$3K
Unique Recipients
41
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Paul'S Catholic ChurchRESTORING THE PAST, EMBRACING THE FUTURE CAMPAIGN | Wilmington, DE | $2K | 2021 |
| Salesianum SchoolSTADIUM RECONSTRUCTION PROJECT | Wilmington, DE | $500K | 2023 |
| Archmere AcademyPERFORMING ARTS CENTER | Claymont, DE | $200K | 2023 |
| The Ministry Of Caring IncTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Wilmington, DE | $61K | 2023 |
| Palm Beach SymphonyTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. |
| Mary D Cool |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| West Palm Beach, FL |
| $15K |
| 2023 |
| Catholic Charities IncTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Wilmington, DE | $9K | 2023 |
| Boca Raton Regional Hospital FoundationTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Boca Raton, FL | $8K | 2023 |
| St Rocco Catholic ChurchTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Paoli, PA | $5K | 2023 |
| Sojourner'S PlaceTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Wilmington, DE | $500 | 2023 |
| Unicorn Children'S FoundationTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Boca Raton, FL | $500 | 2023 |
| Congregation Beth ShalomTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Wilmington, DE | $100 | 2023 |
| Catholic Action For Faith And FamilyDENY HOLY COMMUNION? PHASE I PROGRAM | San Diego, CA | $25K | 2022 |
| Villanova UniversityRENOVATION FUND | Villanova, PA | $20K | 2022 |
| Mcc Foundation IncTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Wilmington, DE | $4K | 2022 |
| Order Of Malta - Federal Association UsaANNUAL STEWARDSHIP APPEAL | Washington, DC | $1K | 2022 |
| Filitalia FoundationTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Philadelphia, PA | $500 | 2022 |
| Junior Board Of Christiana Care IncNURSING INNOVATION 2022 PROGRAM | Wilmington, DE | $500 | 2022 |
| National Ms SocietyTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Philadelphia, PA | $435 | 2022 |
| Assumption AcademyTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Strafford, PA | $250 | 2022 |
| The Michael C Rothberg September 11th Memorial Scholarship IncTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Sharon, MA | $250 | 2022 |
| St Norbert SchoolTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Paoli, PA | $200 | 2022 |
| Ursuline AcademyTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Wilmington, DE | $100 | 2022 |
| Florida Atlantic University Foundation IncATHLETIC ARENA RENOVATIONS CAMPAIGN | Boca Raton, FL | $1M | 2021 |
| Christiana Care Health System IncWILMINGTON CAMPUS CAMPAIGN | Wilmington, DE | $100K | 2021 |
| Rotary Club Downtown Boca Raton Fund IncTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Boca Raton, FL | $1K | 2021 |
| Boca Raton Regional Hospital Foundation IncOUT-PATIENT DIABETES SELF-MANAGEMENT EDUCATION PROGRAM | Boca Raton, FL | $1K | 2021 |
| South County Food Pantry IncTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Venice, FL | $250 | 2021 |
| Alzheimer'S AssociationTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Harrisburg, PA | $200 | 2021 |
| America'S KeswickTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Whiting, NJ | $100 | 2021 |
| Vanguard Charitable Endowment ProgramCREATION OF DONOR ADVISED FUND. | Warwick, RI | $4.8M | 2020 |
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