Also known as: FOUNDATION INC
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The@Joseph And Carolyn Demarco Foundation Inc. is a private corporation based in PHILADELPHIA, PA. The foundation received its IRS ruling in 1999. The principal officer is John C Hook. It holds total assets of $2M. Annual income is reported at $947K. Total assets have grown from $1.3M in 2011 to $2M in 2023. 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 2020 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, The@Joseph And Carolyn Demarco Foundation Inc. has made 42 grants totaling $576K, with a median grant of $10K. The foundation has distributed between $121K and $191K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $191K distributed across 9 grants. Individual grants have ranged from $2K to $100K, with an average award of $14K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Pennsylvania, New York, New Jersey, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$12K
Largest Grant
$25K
Based on 11 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@Joseph And Carolyn Demarco Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 42 grants. Its grantmaking reaches organizations primarily in PA, NY, NJ.
The@Joseph And Carolyn Demarco Foundation Inc. has distributed a total of $576K across 42 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $2K to $100K.
The@Joseph And Carolyn Demarco Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The@Joseph And Carolyn Demarco Foundation Inc. is headquartered in PHILADELPHIA, PA. While based in PA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeffrey J Idler | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Sara A Scanlan | DIRECTOR | $0 | $0 | N/A |
Total Giving
$147K
Total Assets
$2M
Fair Market Value
$2.4M
Net Worth
$2M
Grants Paid
$121K
Contributions
$149K
Net Investment Income
$119K
Distribution Amount
$108K
Total: $570K
Total Grants
42
Total Giving
$576K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
23
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Urban Promise MinistriesGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Camden, NJ | $35K | 2023 |
| Come To Believe NetworkGRANT | New York, NY | $20K | 2023 |
| Temple University School Of DentistryGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Philadelphia, PA | $13K | 2023 |
| Villanova UniversityGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Villanova, PA | $13K | 2023 |
| St Matthias ChurchGRANT TO OTHER 501 (C)(3) ORGANIZATION | Bala Cynwyd, PA | $13K | 2023 |
| Marina Orth FoundationGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Washington, DC | $10K | 2023 |
| Carson Valley Children'S AidGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Flourtown, PA | $5K | 2023 |
| College Settlement Of PhiladelphiaGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Horsham, PA | $5K | 2023 |
| Our Mother Of Consolation CyoGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Philadelphia, PA | $4K | 2023 |
| Mother'S HomeGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Darby, PA | $4K | 2023 |
| Madison Square Boy'S & Girl'S Club FoundationGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Brooklyn, NY | $100K | 2022 |
| Boys & Girls Clubs Of Gloucester County IncGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Glassboro, NJ | $25K | 2022 |
| Adoption CenterGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Philadelphia, PA | $10K | 2022 |
| George Washington High SchoolGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Philadelphia, PA | $6K | 2022 |
| Norwood Fontbonne AcademyGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Philadelphia, PA | $20K | 2021 |
| Girls FirstGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Norristown, PA | $10K | 2021 |
| Starfinder FoundationGRANT TO ANOTHER 501 (C)(3) ORGANIZATION | Philadelphia, PA | $10K | 2021 |
| Our Mother Of Consolation SchoolGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Philadelphia, PA | $5K | 2021 |
| Als Hope FoundationGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Philadelphia, PA | $25K | 2020 |
| Natural LandsGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Media, PA | $25K | 2020 |
| Parkesburg Point Youth CenterGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Parkesburg, PA | $8K | 2020 |
| God'S Child ProjectGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Bismark, ND | $5K | 2020 |
| Peter'S PlaceGRANT TO ANOTHER 501(C)(3) ORGANIZATION | Radnor, PA | $3K | 2020 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA