The Frank J Guarini Trust
Preselected recipients only
The Frank J Guarini Trust is a private foundation in Jersey City, New Jersey. In tax year 2024 it gave $92,500 in 5 grants; the typical grant was $20,000 and the largest $35,000. 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$92,500
- Number of grants5
- Typical grant$20,000
- Largest grant$35,000
- Assets$2.0 million
- New grantees80%
Giving in 2024 was down from $100,000 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 | $100,000 | 1 | $2.0 million |
| 2024 | $92,500 | 5 | $2.0 million |
How to apply
The Frank J Guarini Trust 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 The Frank J Guarini Trust funds
Where it gives
Its US grants went to recipients in 3 states, the most to New Jersey. It also paid $25,000 in 1 grant to recipients outside the US.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 2 | $45,000 |
| North Carolina | 1 | $20,000 |
| New York | 1 | $2,500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| St Peter's University | Donation for the Hearts & Minds and Cornacchia Scholarship Fund | $35,000 |
| John Cabot University | Donation for the John Cabot University General Fund | $25,000 |
| Gioblastoma Foundation | General Fund | $20,000 |
| Hudson Riverfront Performing Arts Center Inc | 20th Anniversary,General Fund | $10,000 |
| National Organization of Italian American Women | General Fund | $2,500 |
Officers and trustees
- Frank J Guarini
Questions people ask
Does The Frank J Guarini Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Frank J Guarini Trust give?
$92,500 in tax year 2024, across 5 grants, with a typical grant of $20,000.
Who runs The Frank J Guarini Trust?
Its 2024 filing lists Frank J Guarini (Trustee).
What does The Frank J Guarini Trust fund?
Based on its grants, mainly education.