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Tedesco Family Private Foundation is a private trust based in HOBOKEN, NJ. The foundation received its IRS ruling in 2006. The principal officer is Francis A Tedesco. It holds total assets of $4.3M. Annual income is reported at $799K. The foundation is governed by 5 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 2015 to 2021. The foundation primarily funds organizations in New Jersey and New York. According to available records, Tedesco Family Private Foundation has made 12 grants totaling $462K, with a median grant of $11K. Individual grants have ranged from $1K to $175K, with an average award of $39K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in New Jersey, District of Columbia, New York, which account for 83% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$12K
Largest Grant
$25K
Based on 7 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.
Tedesco Family Private Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NJ, DC, NY.
Tedesco Family Private Foundation has distributed a total of $462K across 12 grants. The median grant size is $11K, with an average of $39K. Individual grants have ranged from $1K to $175K.
Tedesco Family Private Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tedesco Family Private Foundation is headquartered in HOBOKEN, NJ. While based in NJ, the foundation distributes grants to organizations across 5 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Francis Tedesco | TRUSTEE | $0 | $0 | N/A |
| Mark Tedesco | TRUSTEE | $0 | $0 | N/A |
| Joseph F Ferrara | TRUSTEE | $0 | $0 | N/A |
| Thomas Santucci | TRUSTEE | $0 | $0 | N/A |
| Harris Kantor | TRUSTEE | $0 | $0 | N/A |
Total Giving
$134K
Total Assets
$4.7M
Fair Market Value
$5.2M
Net Worth
$4.7M
Grants Paid
$83K
Contributions
N/A
Net Investment Income
$134K
Distribution Amount
$240K
Total Grants
12
Total Giving
$462K
Average Grant
$39K
Median Grant
$11K
Unique Recipients
9
Most Common Grant
$25K
of 2020 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Peter'S PrepCAMPUS RENOVATION | Jersey City, NJ | $175K | 2020 |
| Bergen Family CenterAFTER SCHOOL AND SUMMER TEEN PROGRAM | Englewood, NJ | $25K | 2020 |
| Hoboken Public EducationGENERAL FUND | Hoboken, NJ | $25K | 2020 |
| Ed Randall'S Fans For The CureGENERAL FUND | Larchmont, NY | $13K | 2020 |
| Georgetown UniversityNHS DEAN'S FUNDFOR STRATEGIC INITIAT | Washington, DC | $10K | 2020 |
| Sti Cares FoundationSCHOLARSHIP FUND | Daniel Island, SC | $5K | 2020 |
| Elizabeth Morrow SchoolANNUAL GIVING FUND | Englewood, NJ | $4K | 2020 |
| Connie Dwyer Breast CancerGENERAL FUND | Short Hills, NJ | $3K | 2020 |
| The Mayhem NationCOOPERSTOWN DREAMS PARK 2021 SUMMER | Lakewood Ranch, FL | $1K | 2020 |