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Also known as: % PEAPACK PRIVATE FAMILY OFFICE SERVICES
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Sabatino Family Foundation Inc. is a private corporation based in MORRISTOWN, NJ. The foundation received its IRS ruling in 2019. It holds total assets of $1.5M. Annual income is reported at $612K. Total assets have decreased from $1.9M in 2019 to $1.5M in 2024. The foundation is governed by 3 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 2024. The foundation primarily funds organizations in District of Columbia, Pennsylvania and Florida. According to available records, Sabatino Family Foundation Inc. has made 19 grants totaling $465K, with a median grant of $25K. Annual giving has decreased from $120K in 2020 to $80K in 2024. Grantmaking activity was highest in 2022 with $180K distributed across 8 grants. Individual grants have ranged from $5K to $70K, with an average award of $24K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in District of Columbia, Florida, Pennsylvania, which account for 79% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$25K
Average Grant
$40K
Largest Grant
$70K
Based on 3 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.
Sabatino Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in DC, FL, PA.
Sabatino Family Foundation Inc. has distributed a total of $465K across 19 grants. The median grant size is $25K, with an average of $24K. Individual grants have ranged from $5K to $70K.
Sabatino Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Sabatino Family Foundation Inc. is headquartered in MORRISTOWN, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| THOMAS J ROSS JR | Director | $0 | $0 | N/A |
| JOAN T SABATINO | Treasurer | $0 | $0 | N/A |
| THOMAS J SABATINO JR | President & CEO | $0 | $0 | N/A |
Total Giving
$80K
Total Assets
$1.5M
Fair Market Value
$2M
Net Worth
$1.5M
Grants Paid
$80K
Contributions
N/A
Net Investment Income
$126K
Distribution Amount
$96K
Total: $1.4M
Total Grants
19
Total Giving
$465K
Average Grant
$24K
Median Grant
$25K
Unique Recipients
8
Most Common Grant
$25K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| SOUTH FLORIDA WILDLIFE CENTERGENERAL | FORT LAUDERDALE, FL | $25K | 2024 |
| LITTLE TRAVERSE BAY HUMANE SOCIETYGENERAL | HARBOR SPRINGS, MI | $20K | 2024 |
| K9S FOR WARRIORS INCGENERAL | PONTE VERDE, FL | $15K | 2024 |
| BEACHES EMERGENCY ASSISTANCE MINISTGENERAL | JACKSONVILLE BEACH, FL | $10K | 2024 |
| TRUSTEES OF THE UNIVERSITY OF PAGENERAL | PHILADELPHIA, PA | $10K | 2024 |
| Humane Society Of The United StatesGENERAL | Washington, DC | $50K | 2023 |
| Great Lakes Center For The ArtsGENERAL | Bay Harbor, MI | $10K | 2023 |
| All Star Pet RescueGENERAL | Linden, NJ | $5K | 2022 |