Frank J Guarini Foundation
Preselected recipients only
Frank J Guarini Foundation is a private foundation in Jersey City, New Jersey. In tax year 2024 it gave $140,000 in 10 grants; the typical grant was $8,000 and the largest $50,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$140,000
- Number of grants10
- Typical grant$8,000
- Largest grant$50,000
- Assets$2.9 million
- New grantees80%
Giving in 2024 was up from $125,000 the year before.
80% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $125,000 | 2 | $3.0 million |
| 2024 | $140,000 | 10 | $2.9 million |
How to apply
Frank J Guarini Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Frank J Guarini Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to Pennsylvania.
| State | Grants | Amount |
|---|---|---|
| Pennsylvania | 1 | $50,000 |
| New Jersey | 5 | $45,500 |
| Florida | 1 | $24,000 |
| District of Columbia | 1 | $8,000 |
| New York | 1 | $7,500 |
| Massachusetts | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Lafayette College | Unrestricted Donation | $50,000 |
| Jersey City Medical Center Foundation | Unrestricted Donation | $25,000 |
| John Cabot University | Arts Center | $24,000 |
| Saint Peter's University | Cornacchia Endowed Scholarship | $8,000 |
| Hudson River Performing Art Center | Unrestricted Donation | $8,000 |
| National Italian American Foundation | Unrestricted Donation | $8,000 |
| The TOLI Foundation | Unrestricted Donation | $7,500 |
| The Catherine J Malatesta Foundation | Unrestricted Donation | $5,000 |
| American Foundation for Suicide Prevention | Unrestricted Donation | $2,500 |
| Special Olympics of New Jersey | Unrestricted Donation | $2,000 |
Officers and trustees
- Frank J Guarini
- Carol A Maurer
- Frank L Fekete
Questions people ask
Does Frank J Guarini Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Frank J Guarini Foundation give?
$140,000 in tax year 2024, across 10 grants, with a typical grant of $8,000.
Who runs Frank J Guarini Foundation?
Its 2024 filing lists Frank J Guarini (Trustee), Carol A Maurer (Trustee) and Frank L Fekete (Trustee).
What does Frank J Guarini Foundation fund?
Based on its grants, mainly education and arts and culture.