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Also known as: THE LOIS E & NEIL J GAGNON FOUNDATION)
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The Gagnon Family Foundation Inc. is a private corporation based in BERNARDSVILLE, NJ. The foundation received its IRS ruling in 1994. It holds total assets of $58.7M. Annual income is reported at $6.9M. Total assets have grown from $14.3M in 2010 to $58.7M in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in New Jersey and Florida. According to available records, The Gagnon Family Foundation Inc. has made 68 grants totaling $8.1M, with a median grant of $20K. Annual giving has grown from $3.3M in 2021 to $4.8M in 2022. Individual grants have ranged from $1K to $1.5M, with an average award of $119K. The foundation has supported 28 unique organizations. The foundation primarily supports organizations in New Jersey, Pennsylvania, New York, which account for 62% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$10K
Average Grant
$88K
Largest Grant
$1.5M
Based on 27 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.
The Gagnon Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 68 grants. Its grantmaking reaches organizations primarily in NJ, PA, NY.
The Gagnon Family Foundation Inc. has distributed a total of $8.1M across 68 grants. The median grant size is $20K, with an average of $119K. Individual grants have ranged from $1K to $1.5M.
The Gagnon Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Gagnon Family Foundation Inc. is headquartered in BERNARDSVILLE, NJ. While based in NJ, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Neil J Gagnon | PRESIDENT | $0 | $0 | N/A |
| Brian Gagnon | DIRECTOR | $0 | $0 | N/A |
| Lois E Gagnon | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$58.7M
Fair Market Value
N/A
Net Worth
$58.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
68
Total Giving
$8.1M
Average Grant
$119K
Median Grant
$20K
Unique Recipients
28
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| HeartworksGENERAL SUPPORT | Basking Ridge, NJ | $100K | 2022 |
| Foundation For Morristown Medical CenterGENERAL SUPPORT | Morristown, NJ | $1.5M | 2022 |
| Somerset Hills YmcaGENERAL SUPPORT | Basking Ridge, NJ | $250K | 2022 |
| Community In CrisisGENERAL SUPPORT | Bernardsville, NJ | $125K | 2022 |
| Lafayette CollegeGENERAL SUPPORT | Easton, PA | $100K | 2022 |
| Seton Hall PrepGENERAL SUPPORT | West Orange, NJ | $67K | 2022 |
| The Smiley FoundationGENERAL SUPPORT | New York, NY | $50K | 2022 |
| Achilles InternationalGENERAL SUPPORT | New York, NY | $25K | 2022 |
| American Federation For Children Growth FundGENERAL SUPPORT | Washington, DC | $25K | 2022 |
| Boys & Girls Club Of NewarkGENERAL SUPPORT | Newark, NJ | $25K | 2022 |
| Lee Pesky Learning CenterGENERAL SUPPORT | Boise, ID | $20K | 2022 |
| Kindersmile FoundationGENERAL SUPPORT | Bloomfield, NJ | $20K | 2022 |
| Children & CompanyGENERAL SUPPORT | Columbia, MD | $10K | 2022 |
| Bright Minds Foundation Of HowardGENERAL SUPPORT | Ellicott City, MD | $10K | 2022 |
| Hagedorn Little Village SchoolGENERAL SUPPORT | Seaford, NY | $10K | 2022 |
| Equity 4 Howard CountyGENERAL SUPPORT | Columbia, MD | $10K | 2022 |
| Boys And Girls Club Of Collier CountyGENERAL SUPPORT | Naples, FL | $10K | 2022 |
| Mendham Township PoliceGENERAL SUPPORT | Brookside, NJ | $10K | 2022 |
| Florida Lions Eye ClinicGENERAL SUPPORT | Bonita Springs, FL | $5K | 2022 |
| International Society Of TransportUKRAINE RELIEF FUND | Chicago, IL | $5K | 2022 |
| Bernardsville Fire CompanyGENERAL SUPPORT | Bernardsville, NJ | $5K | 2022 |
| Ralston Engine Co No 1GENERAL SUPPORT | Mendham, NJ | $5K | 2022 |
| Live Like Lou FoundationGENERAL SUPPORT | Oxford, OH | $2K | 2022 |