//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Locasto Family Foundation is a private corporation based in PARADISE VLY, AZ. The foundation received its IRS ruling in 2001. The principal officer is George W Locasto. It holds total assets of $1.5M. Annual income is reported at $1.6M. Total assets have grown from $354K in 2011 to $731K in 2023. The foundation is governed by 3 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. According to available records, The Locasto Family Foundation has made 11 grants totaling $105K, with a median grant of $2K. Annual giving has decreased from $58K in 2020 to $35K in 2023. Individual grants have ranged from N/A to $55K, with an average award of $10K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Arizona and Illinois. Contributions to this foundation are tax-deductible.
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 Locasto Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in AZ, IL.
The Locasto Family Foundation has distributed a total of $105K across 11 grants. The median grant size is $2K, with an average of $10K. Individual grants have ranged from N/A to $55K.
The Locasto Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Locasto Family Foundation is headquartered in PARADISE VLY, AZ. While based in AZ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charlene Locasto | SECRETARY | $0 | $0 | N/A |
| Christine Wear | VICE PRESIDENT | $0 | $0 | N/A |
| George W Locasto | PRESIDENT | $0 | $0 | N/A |
Total Giving
$36K
Total Assets
$731K
Fair Market Value
$1.4M
Net Worth
$731K
Grants Paid
$35K
Contributions
N/A
Net Investment Income
$74K
Distribution Amount
$56K
Total: $702K
Total Grants
11
Total Giving
$105K
Average Grant
$10K
Median Grant
$2K
Unique Recipients
7
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Society Of St Vincent De PaulUNRESTRICTED | Phoenix, AZ | $20K | 2023 |
| Lurie Children'S HospitalUNRESTRICTED | Chicago, IL | $15K | 2023 |
| American Heart AssociationUNRESTRICTED | Chicago, IL | N/A | 2023 |
| Special OlympicsUNRESTRICTED | Chicago, IL | N/A | 2023 |
| Oak Park-River Forest Infant Welfare SocietyUNRESTRICTED | Oak Park, IL | $2K | 2022 |
| Evans Scholars FoundationUNRESTRICTED | Golf, IL | $500 | 2022 |
| Horizons For YouthUNRESTRICTED | Chicago, IL | $250 | 2020 |
TUCSON, AZ
PHOENIX, AZ
PARADISE VLY, AZ