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Torcivia Family Foundation Inc. is a private corporation based in RED BANK, NJ. The foundation received its IRS ruling in 1988. It holds total assets of $2.2M. Annual income is reported at $570K. According to available records, Torcivia Family Foundation Inc. has made 92 grants totaling $2.2M, with a median grant of $12K. Annual giving has grown from $987K in 2022 to $1.2M in 2023. Individual grants have ranged from $500 to $210K, with an average award of $24K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in New Jersey, Texas, Connecticut, which account for 77% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Torcivia Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 92 grants. Its grantmaking reaches organizations primarily in NJ, TX, CT.
Torcivia Family Foundation Inc. has distributed a total of $2.2M across 92 grants. The median grant size is $12K, with an average of $24K. Individual grants have ranged from $500 to $210K.
Torcivia Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Torcivia Family Foundation Inc. is headquartered in RED BANK, NJ. While based in NJ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Benedict Torcivia Jr | CO-PRESIDENT & SECRETARY | $0 | $0 | $0 |
| Joseph Torcivia | CO-PRESIDENT & TREASURER | $0 | $0 | $0 |
Total Giving
$535K
Total Assets
$2.5M
Fair Market Value
$3.1M
Net Worth
$2.5M
Grants Paid
$531K
Contributions
$0
Net Investment Income
$222K
Distribution Amount
$148K
Total Grants
92
Total Giving
$2.2M
Average Grant
$24K
Median Grant
$12K
Unique Recipients
24
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Cooper FoundationUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Camden, NJ | $75K | 2023 |
| Seton Hall UniversityUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | South Orange, NJ | $210K | 2023 |
| Monmouth UniversityUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | West Long Branch, NJ | $62K | 2023 |
| Foundation At NjitUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Newark, NJ | $50K | 2023 |
| Riverview Medical CenterUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. |
| 2020 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Red Bank, NJ |
| $50K |
| 2023 |
| Valley Hospital FoundationUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Ridgewood, NJ | $48K | 2023 |
| Overlook HospitalUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Summit, NJ | $30K | 2023 |
| Monmouth Medical Center FoundationUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Long Branch, NJ | $25K | 2023 |
| Reforest The Tropics IncUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Mystic, CT | $15K | 2023 |
| Ymca Of Monmouth CountyUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Shrewsbury, NJ | $12K | 2023 |
| American Heart AssociationUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Dallas, TX | $10K | 2023 |
| Rumson Country Day SchoolUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Rumson, NJ | $8K | 2023 |
| 911 Education AllianceUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Charleston, WV | $3K | 2023 |
| Lehigh UniversityUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Bethlehem, PA | $2K | 2023 |
| Hamilton CollegeUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Clinton, NY | $1K | 2023 |
| Independent College FundUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Summit, NJ | $1K | 2023 |
| Bayshore Medical Center FoundationUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Holmdel, NJ | $20K | 2022 |
| Jupiter Medical CenterUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Jupiter, FL | $16K | 2022 |
| Community YmcaUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Middletown, NJ | $10K | 2022 |
| NjitUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Newark, NJ | $10K | 2022 |
| The Michaels OrganizationUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Marlton, NJ | $10K | 2022 |
| Riverview Medical Center FoundationUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Red Bank, NJ | $3K | 2022 |
| The Juvenile Diabetes Research FoundationUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | New York, NY | $1K | 2022 |
| Njspba Strongest Ice Hockey TeamUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | Woodbridge, NJ | $500 | 2022 |
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