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Visceglia-Summit Associates Foundation is a private corporation based in EDISON, NJ. The foundation received its IRS ruling in 1955. It holds total assets of $581K. Annual income is reported at $52K. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Grantmaking is concentrated in New Jersey. According to available records, Visceglia-Summit Associates Foundation has made 22 grants totaling $69K, with a median grant of $1K. The foundation has distributed between $32K and $37K annually from 2022 to 2023. Individual grants have ranged from $310 to $11K, with an average award of $3K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in New Jersey, South Carolina, Pennsylvania, which account for 82% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$3K
Average Grant
$3K
Largest Grant
$10K
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.
Visceglia-Summit Associates Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in NJ, SC, PA.
Visceglia-Summit Associates Foundation has distributed a total of $69K across 22 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from $310 to $11K.
Visceglia-Summit Associates Foundation typically selects its grantees rather than accepting unsolicited proposals.
Visceglia-Summit Associates Foundation is headquartered in EDISON, NJ. While based in NJ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John B Visceglia | PRESIDENT | $0 | $0 | N/A |
| Katherine Visceglia | TRUSTEE | $0 | $0 | N/A |
| John V Visceglia | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
$42K
Total Assets
$588K
Fair Market Value
$825K
Net Worth
$588K
Grants Paid
$32K
Contributions
N/A
Net Investment Income
$41K
Distribution Amount
$28K
Total: N/A
Total Grants
22
Total Giving
$69K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
20
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hackensack Meridian HealthHOSPITAL & HEALTH | Edison, NJ | $10K | 2023 |
| Dabo'S All In Team FoundationEDUCATION & CULTURAL | Clemson, SC | $10K | 2023 |
| Ocean Medical Center FoundationHOSPITAL & MEDICAL | Edison, NJ | $8K | 2023 |
| Manasquan Lady WarriorsYOUTH GUIDANCE & CARE | Manasquan, NJ | $3K | 2023 |
| Liv Morro Memorial FoundationEDUCATIONAL & WELFARE | Manasquan, NJ | $2K | 2023 |
| Manasquan High SchoolEDUCATION & CULTURAL | Manasquan, NJ | $6K | 2022 |
| Brielle Fire Company 1 IncCOMMUNITY & WELFARE | Brielle, NJ | $5K | 2022 |
| Moravian UniversityEDUCATION & CULTURAL | Bethlehem, PA | $5K | 2022 |
| Mhs Central FundEDUCATION & CULTURAL | Manasquan, NJ | $3K | 2022 |
| Scott F Tave Memorial ScholarshipCOMMUNITY & WELFARE | Spring Lake, NJ | $1K | 2022 |
| SquanathonYOUTH GUIDANCE & CARE | Manasquan, NJ | $1K | 2022 |
| Alzheimer'S AssociationHOSPITAL & HEALTH | Charlotte, NC | $1K | 2022 |
| St Jude Children'S ResearchHOSPITAL & HEALTH | Memphis, TN | $500 | 2022 |
| Alzheimer'S Foundation OfHOSPITAL & HEALTH | New York, NY | $500 | 2022 |
| Chop FoundationYOUTHCARE & MEDICAL | Philadephia, PA | $500 | 2022 |
| K9s For WarriorsCOMMUNITY & WELFARE | Ponte Vedra, FL | $500 | 2022 |
| Mark A Virag FoundationCOMMUNITY & WELFARE | Rahway, NJ | $500 | 2022 |
| Positive For Life FoundationCOMMUNITY & CULTURAL | Cranford, NJ | $500 | 2022 |
| Save Rescue ShelterCOMMUNITY & WELFARE | Toms River, NJ | $500 | 2022 |
| Grand Strand Miracel LeadersEDUCATIONAL & CULTURAL | Myrtle Beach, SC | $310 | 2022 |