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The Frank De Angeli Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $10.5M. Annual income is reported at $6.1M. Total assets have grown from $995K in 2022 to $4M in 2023. The foundation is governed by 4 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 2022 to 2023. According to available records, The Frank De Angeli Family Foundation has made 5 grants totaling $10K, with a median grant of $2K. Individual grants have ranged from $1K to $3K, with an average award of $2K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
The Frank De Angeli Family Foundation reported 5 individual grants totaling $10,000 in 2023 across its IRS Form 990-PF filings, with a median grant of $2,000. Half of those grants fell between $2,000 and $2,500. Its most recent available filing, for fiscal year 2023, reports $32,042 in total giving.
Grantmaking is concentrated in MD, which received 5 of the 5 grants on record (100 percent). Of its 5 distinct grantees, 0 percent received funding more than once, so repeat relationships are the exception rather than the norm.
Computed from 5 individual grant records (2023) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
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.
The Frank De Angeli 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 MD.
The Frank De Angeli Family Foundation has distributed a total of $10K across 5 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $1K to $3K.
The Frank De Angeli Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Frank De Angeli Family Foundation is headquartered in WILMINGTON, DE.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jane De Angeli | Pres, Dir, Sec, Treas | $0 | $0 | N/A |
| Kazuko De Angeli | Dir, VP | $0 | $0 | N/A |
| Kieran Mark Kindig | Dir | $0 | $0 | N/A |
| James Meredith Ashmore Tait | Dir, Treas | $0 | $0 | N/A |
Total Giving
$32K
Total Assets
$4M
Fair Market Value
$4.1M
Net Worth
$4M
Grants Paid
$10K
Contributions
$3M
Net Investment Income
$42K
Distribution Amount
$72K
Total: $3.2M
Total Grants
5
Total Giving
$10K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
5
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| R S MulugetaScholarship Grant | Baltimore, MD | $3K | 2023 |
| A MergaScholarship Grant | College Park, MD | $3K | 2023 |
| E NiftalemScholarship Grant | Baltimore, MD | $2K | 2023 |
| B LudenyoScholarship Grant | Baltimore, MD | $2K | 2023 |
| D EnyiScholarship Grant | College Park, MD | $1K | 2023 |
WILMINGTON, DE
WILMINGTON, DE
WILMINGTON, DE