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The Spano Family Charitable Foundation Inc. is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2007. The principal officer is Foundation Source. It holds total assets of $481K. Annual income is reported at $35K. Total assets have decreased from $950K in 2011 to $481K in 2024. The foundation is governed by 6 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 2016 to 2024. The foundation primarily funds organizations in New Jersey, Pennsylvania and Maryland. According to available records, The Spano Family Charitable Foundation Inc. has made 15 grants totaling $57K, with a median grant of $4K. The foundation has distributed between $9K and $38K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $38K distributed across 8 grants. Individual grants have ranged from $500 to $8K, with an average award of $4K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in New Jersey, Maryland, Pennsylvania, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$2K
Largest Grant
$4K
Based on 4 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 Spano Family Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in NJ, MD, PA.
The Spano Family Charitable Foundation Inc. has distributed a total of $57K across 15 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $500 to $8K.
The Spano Family Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Spano Family Charitable Foundation Inc. is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas Gleckner | VP | $0 | $0 | N/A |
| Anthony T Psomas | VP | $0 | $0 | N/A |
| James Spano | VP, Dir | $0 | $0 | N/A |
| Joseph Spano | VP | $0 | $0 | N/A |
| Thomas Spano | Dir, Pres | $0 | $0 | N/A |
| Mary Spano Gleckner | Dir, Sec | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$481K
Fair Market Value
N/A
Net Worth
$481K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
15
Total Giving
$57K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Centrastate Healthcare FoundationCharitable Event | Freehold, NJ | $8K | 2023 |
| Pennsylvania Family InstituteGeneral & Unrestricted | Harrisburg, PA | $1K | 2023 |
| New England Parkinsons RideGeneral & Unrestricted | Merrimack, NH | $500 | 2023 |
| Community Options IncCharitable Event | Princeton, NJ | $5K | 2022 |
| St Vincent De Paul Of Baltimore IncCharitable Event | Baltimore, MD | $5K | 2022 |
| Collier ServicesGeneral & Unrestricted | Wickatunk, NJ | $4K | 2021 |
| Allaire Comm Farm A Nj Nonprofit CorporationCharitable Event | Wall Township, NJ | $1K | 2021 |