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Sanzone Family Foundation is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2017. The principal officer is Thomas Sanzone. It holds total assets of $3M. Annual income is reported at $555K. The foundation is governed by 2 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 2018 to 2023. The foundation primarily funds organizations in New York and Florida. According to available records, Sanzone Family Foundation has made 5 grants totaling $43K, with a median grant of $10K. Annual giving has grown from $10K in 2022 to $33K in 2023. Individual grants have ranged from $5K to $13K, with an average award of $9K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Florida and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$4K
Largest Grant
$10K
Based on 16 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.
Sanzone Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in FL, NY.
Sanzone Family Foundation has distributed a total of $43K across 5 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $5K to $13K.
Sanzone Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sanzone Family Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas J Sanzone | DIRECTOR | $0 | $0 | N/A |
| Lisa Sanzone | DIRECTOR | $0 | $0 | N/A |
Total Giving
$57K
Total Assets
$3M
Fair Market Value
$3.1M
Net Worth
$3M
Grants Paid
$33K
Contributions
N/A
Net Investment Income
$92K
Distribution Amount
$143K
Total: $564K
Total Grants
5
Total Giving
$43K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jacksonville Humane SocietyUNRESTRICTED GENERAL | Jacksonville, FL | $13K | 2023 |
| Cathedral Arts Project IncUNRESTRICTED GENERAL | Jacksonville, FL | $10K | 2023 |
| SpcaUNRESTRICTED GENERAL | New York, NY | $5K | 2023 |
| Betty Griffin CenterUNRESTRICTED GENERAL | St Augustine, FL | $5K | 2023 |
| Amaryllis Farm Equine Rescue IncUNRESTRICTED GENERAL | Southampton, NY | $10K | 2022 |