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Also known as: FOUNDATION INC
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Wayne And Jill Canastra Family Foundation Inc. is a private trust based in SOUTH ORANGE, NJ. The foundation received its IRS ruling in 2015. The principal officer is Robert Kosicki. It holds total assets of $566K. Annual income is reported at $1.1M. The foundation is governed by 4 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 2017 to 2023. Grantmaking is concentrated in New Jersey. According to available records, Wayne And Jill Canastra Family Foundation Inc. has made 9 grants totaling $1.1M, with a median grant of $26K. Annual giving has decreased from $995K in 2021 to $142K in 2022. Individual grants have ranged from $14K to $950K, with an average award of $126K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$26K
Average Grant
$24K
Largest Grant
$30K
Based on 3 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.
Wayne And Jill Canastra Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NJ.
Wayne And Jill Canastra Family Foundation Inc. has distributed a total of $1.1M across 9 grants. The median grant size is $26K, with an average of $126K. Individual grants have ranged from $14K to $950K.
Wayne And Jill Canastra Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Wayne And Jill Canastra Family Foundation Inc. is headquartered in SOUTH ORANGE, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dayna Canastra Robbins | CO-TREASURER | $0 | $0 | N/A |
| Wayne Canastra | PRESIDENT | $0 | $0 | N/A |
| Jill Canastra | SECRETARY | $0 | $0 | N/A |
| Devon Canastra | CO-TREASURER | $0 | $0 | N/A |
Total Giving
$736K
Total Assets
$180K
Fair Market Value
$180K
Net Worth
$180K
Grants Paid
$736K
Contributions
$703K
Net Investment Income
$8K
Distribution Amount
N/A
Total Grants
9
Total Giving
$1.1M
Average Grant
$126K
Median Grant
$26K
Unique Recipients
4
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Higher GroundSUPPORT | West Orage, NJ | $15K | 2022 |
| Rider UniversitySUPPORT | Lawrenceville, NJ | $30K | 2022 |
| Jewish Federation Of Greater Metrowest NjSUPPORT | Whippany, NJ | $26K | 2022 |
| B'Nai ShalomSUPPORT | West Orage, NJ | $14K | 2021 |