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Serenbetz Family Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 1998. The principal officer is % Foundation Source. It holds total assets of $21.9M. Annual income is reported at $8.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Serenbetz Family Foundation Inc. has made 43 grants totaling $2.8M, with a median grant of $60K. The foundation has distributed between $885K and $1M annually from 2021 to 2023. Individual grants have ranged from $10K to $275K, with an average award of $66K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Connecticut, New York, California, which account for 95% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Serenbetz Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in CT, NY, CA.
Serenbetz Family Foundation Inc. has distributed a total of $2.8M across 43 grants. The median grant size is $60K, with an average of $66K. Individual grants have ranged from $10K to $275K.
Serenbetz Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Serenbetz Family Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christin E Weberman | Trustee, Sec | $0 | $0 | $0 |
| Cynthia L Serenbetz | Trustee, VP | $0 | $0 | $0 |
| George Hunter Serenbetz | Trustee | $0 | $0 | $0 |
| Jean B Serenbetz | Treas, Trustee | $0 | $0 | $0 |
| Margaret Skyler Serenbetz | Trustee | $0 | $0 | $0 |
Total Giving
$1.1M
Total Assets
$21.9M
Fair Market Value
$24.7M
Net Worth
$21.9M
Grants Paid
$1M
Contributions
$10K
Net Investment Income
$745K
Distribution Amount
$1.2M
Total: $13.1M
Total Grants
43
Total Giving
$2.8M
Average Grant
$66K
Median Grant
$60K
Unique Recipients
14
Most Common Grant
$40K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harlem AcademyGeneral & Unrestricted | New York, NY | $100K | 2023 |
| Waterside School Incgeneral purposes, Angel Scholarship Fund, and Thelma R. Serenbetz Endowed Scholarship Fund | Stamford, CT | $215K | 2023 |
| Reach Prep IncGeneral & Unrestricted | Stamford, CT | $115K | 2023 |
| Horizons Student Enrichment ProgramGeneral & Unrestricted | New Canaan, CT | $110K | 2023 |
| First GraduateGeneral & Unrestricted |
| Paul H Serenbetz | Trustee, Pres | $0 | $0 | $0 |
| Robert C Serenbetz | Trustee | $0 | $0 | $0 |
| Stuart W Serenbetz | Trustee | $0 | $0 | $0 |
| William Tucker Serenbetz | Trustee | $0 | $0 | $0 |
| Warren L Serenbetz Iii | Trustee | $0 | $0 | $0 |
| Warren L Serenbetz Jr | Trustee | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| San Francisco, CA |
| $100K |
| 2023 |
| Family & Childrens Agency IncAspire Program | Norwalk, CT | $70K | 2023 |
| The Carver IncGeneral & Unrestricted | Norwalk, CT | $70K | 2023 |
| St Vincents Services IncAmerican Dreams Program | Brooklyn, NY | $70K | 2023 |
| Cottey CollegeGlobal Immersion Program | Nevada, MO | $40K | 2023 |
| Save The Children Federation IncKinderboost Kindergarten Readiness Program | Fairfield, CT | $40K | 2023 |
| The New York Opportunity Network IncGeneral & Unrestricted | New York, NY | $30K | 2023 |
| Hudson River Community Sailing IncGeneral & Unrestricted | New York, NY | $30K | 2023 |
| Taft School CorporationRed Rhino Fund | Watertown, CT | $10K | 2023 |
| Carver Foundation Of Norwalk IncGeneral & Unrestricted | Norwalk, CT | $40K | 2021 |
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