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Town Title Foundation Inc. is a private corporation based in PARAMUS, NJ. The foundation received its IRS ruling in 2021. The principal officer is Christopher Rotio. It holds total assets of $30K. Annual income is reported at $309K. Total assets have grown from $11K in 2021 to $125K 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 2022 to 2024. According to available records, Town Title Foundation Inc. has made 18 grants totaling $370K, with a median grant of $500. Annual giving has decreased from $263K in 2023 to $108K in 2024. Individual grants have ranged from $100 to $125K, with an average award of $21K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in New Jersey. 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.
Town Title Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NJ.
Town Title Foundation Inc. has distributed a total of $370K across 18 grants. The median grant size is $500, with an average of $21K. Individual grants have ranged from $100 to $125K.
Town Title Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Town Title Foundation Inc. is headquartered in PARAMUS, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Ciambrone | TRUSTEE | $0 | $0 | N/A |
| Christopher Rotio | PRESIDENT & | $0 | $0 | N/A |
| Joshua Thomson | TRUSTEE | $0 | $0 | N/A |
Total Giving
$365K
Total Assets
$125K
Fair Market Value
$125K
Net Worth
$125K
Grants Paid
$108K
Contributions
$483K
Net Investment Income
$151
Distribution Amount
$7K
Total Grants
18
Total Giving
$370K
Average Grant
$21K
Median Grant
$500
Unique Recipients
10
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hackensack Meridian HealthUNRESTRICTED | Hackensack, NJ | $100K | 2024 |
| Seton Hall UniversityUNRESTRICTED | South Orange, NJ | $5K | 2024 |
| Joseph Cicalese Memorial ScholarshiUNRESTRICTED | Newark, NJ | $2K | 2024 |
| Holy Name Medical CenterUNRESTRICTED | Teaneck, NJ | $500 | 2024 |
| Pillar Care ContinuumUNRESTRICTED | East Hanover, NJ | $500 | 2024 |
| Blue Knights Nj Chapter XvUNRESTRICTED | Brielle, NJ | $250 | 2024 |
| Woodcliff Lake Baseball AssociationUNRESTRICTED | Woodcliff Lake, NJ | $500 | 2023 |
| Wills Good Work FoundationUNRESTRICTED | Ridgewood, NJ | $500 | 2023 |
| Stanley M Levine FoundationUNRESTRICTED | Paterson, NJ | $150 | 2023 |
| Ramsey High SchoolUNRESTRICTED | Ramsey, NJ | $100 | 2023 |