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Rudolph J Torello Foundation Inc. is a private corporation based in OAKHURST, NJ. The foundation received its IRS ruling in 2001. The principal officer is Witman Stadtmauer & Michaels Pa. It holds total assets of $841K. Annual income is reported at $992K. Total assets have decreased from $1.7M in 2011 to $999K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in New Jersey, Massachusetts and New York. According to available records, Rudolph J Torello Foundation Inc. has made 26 grants totaling $321K, with a median grant of $10K. The foundation has distributed between $144K and $177K annually from 2022 to 2023. Individual grants have ranged from $2K to $85K, with an average award of $12K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in New Jersey, New York, Massachusetts, which account for 81% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$15K
Largest Grant
$85K
Based on 12 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.
Rudolph J Torello Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in NJ, NY, MA.
Rudolph J Torello Foundation Inc. has distributed a total of $321K across 26 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $2K to $85K.
Rudolph J Torello Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Rudolph J Torello Foundation Inc. is headquartered in OAKHURST, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Claudio Innocenti | PRESIDENT | $0 | $0 | N/A |
| Douglas M Duritza | SECRETARY | $0 | $0 | N/A |
| Frank J Collette | TREASURER | $0 | $0 | N/A |
Total Giving
$179K
Total Assets
$999K
Fair Market Value
$2.6M
Net Worth
$999K
Grants Paid
$144K
Contributions
N/A
Net Investment Income
$50K
Distribution Amount
$124K
Total Grants
26
Total Giving
$321K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
21
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dwight-Englewood SchoolD-E FUND IN SUPPORT DWEIGHT-ENGLEWOOD SCHOOL, A COEDUCATIONAL, PRESCHOOL THROUGH GRADE 12. | Englewood, NJ | $50K | 2023 |
| Milton AcademyEARLY CHILDHOOD EDUCATION PROGRAMS. | Milton, MA | $10K | 2023 |
| Jajja'S KidsEARLY CHILDHOOD EDUCATION FOR YOUNG STUDENTS IN NEED. | Lantham, NY | $10K | 2023 |
| Kingsley Montessori SchoolEARLY CHILDHOOD EDUCATION PROGRAMS. | Boston, MA | $10K | 2023 |
| The Bay SchoolEARLY CHILDHOOD EDUCATION PROGRAMS. | Blue Hill, ME | $10K | 2023 |
| Rye Country Day SchoolEARLY CHILDHOOD EDUCATION PROGRAMS. | Rye, NY | $10K | 2023 |
| George Stevens AcademyEDUCATIONAL PROGRAMS. | Blue Hill, ME | $10K | 2023 |
| Monmouth County Child Advocacy CenterSUPPORT FOR CHILDREN WHO HAVE BEEN AFFECTED BY CHILD ABUSE AND NEGLECT. | Freehold, NJ | $8K | 2023 |
| St Catharine & St Margaret ParishRELIGIOUS COMMUNITY SUPPORT. | Spring Lake, NJ | $5K | 2023 |
| Monmouth ArtsART EDUCATION AND OUTREACH PROGRAMS. | Red Bank, NJ | $5K | 2023 |
| Island Heritage TrustNATURAL HERITAGE PRESERVATION. | Deer Isle, ME | $5K | 2023 |
| Memorial Ambulance CorpsCOMMUNITY PARAMEDICINE PROGRAMS FOR INDIVIDUALS IN NEED. | Deer Isle, ME | $5K | 2023 |
| Eastern Monmouth Area Chamber Of Commerce FoundationSTUDENT SCHOLARSHIP PROGRAM. | Red Bank, NJ | $4K | 2023 |
| Lunch BreakYOUTH SERVICES PROGRAMS. | Red Bank, NJ | $2K | 2023 |
| Jajjas Kids IncGENERAL | Latham, NY | $10K | 2022 |
| St Catherine & St Margaret ParishGENERAL | Spring Lake, NJ | $10K | 2022 |
| Eastern Monmouth Area Chamber Of Commerce Educational FoundationGENERAL | Red Bank, NJ | $7K | 2022 |
| Monmouth Council InGENERAL | Morganville, NJ | $5K | 2022 |
| The Children'S Dyslexia Centers IncGENERAL | Lexington, MA | $5K | 2022 |
| Boston AnthenaeumGENERAL | Boston, MA | $2K | 2022 |
| Chenoa ManorGENERAL | Avondale, PA | $2K | 2022 |