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Also known as: FOUNDATION INC
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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. Total assets have grown from $5.9M in 2011 to $60.1M in 2023. The foundation is governed by 6 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. The foundation primarily funds organizations in Delaware and Pennsylvania. 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.
Smallest Grant
$100
Median Grant
$3K
Average Grant
$355K
Largest Grant
$4.8M
Based on 24 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.
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 | N/A |
| Rocco A Abessinio | DIRECTOR | $0 | $0 | N/A |
| Joanne F Fabrizio | DIRECTOR | $0 | $0 | N/A |
| Vincent T Abessinio | DIRECTOR | $0 | $0 | N/A |
| Peter G Abessinio | DIRECTOR | $0 | $0 | N/A |
| Mary D Cool | DIRECTOR | $0 | $0 | N/A |
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. | 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 |
| Junior Board Of Christiana Care IncNURSING INNOVATION 2022 PROGRAM | Wilmington, DE | $500 | 2022 |
| Filitalia FoundationTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Philadelphia, PA | $500 | 2022 |
| National Ms SocietyTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Philadelphia, PA | $435 | 2022 |
| The Michael C Rothberg September 11th Memorial Scholarship IncTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Sharon, MA | $250 | 2022 |
| Assumption AcademyTO HELP FUND THE ORGANIZATION'S OPERATING BUDGET. | Strafford, PA | $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 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA