The Gerald and Carol Galgano Foundation Inc
Preselected recipients only
The Gerald and Carol Galgano Foundation Inc is a private foundation in Belmar, New Jersey. In tax year 2024 it gave $55,014 in 7 grants; the typical grant was $10,000 and the largest $16,514. 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$55,014
- Number of grants7
- Typical grant$10,000
- Largest grant$16,514
- Assets$289,731
- New grantees14%
Giving in 2024 was down from $109,000 the year before.
14% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $109,000 | 10 | $274,046 |
| 2024 | $55,014 | 7 | $289,731 |
How to apply
The Gerald and Carol Galgano Foundation Inc 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 Gerald and Carol Galgano Foundation Inc funds
Where it gives
Its grants went to recipients in 3 states, the most to New York.
| State | Grants | Amount |
|---|---|---|
| New York | 2 | $20,000 |
| New Jersey | 4 | $18,500 |
| Pennsylvania | 1 | $16,514 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Muhlenberg College | Education | $16,514 |
| Cento Amici | Education | $11,500 |
| Caring at Columbia | Charitable | $10,000 |
| Faces at NYU Langone Health | Charitable | $10,000 |
| Summit Speech School | Charitable | $2,500 |
| Princeton Child Development Center | Charitable | $2,500 |
| Hurley Family Foundation | Charitable | $2,000 |
Officers and trustees
- Carol L Galgano
- Gerald A Galgano
- Jim Galgano
- Cheryl Galgano
Questions people ask
Does The Gerald and Carol Galgano Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Gerald and Carol Galgano Foundation Inc give?
$55,014 in tax year 2024, across 7 grants, with a typical grant of $10,000.
Who runs The Gerald and Carol Galgano Foundation Inc?
Its 2024 filing lists Carol L Galgano (Trustee), Gerald A Galgano (Trustee), Jim Galgano (Trustee) and Cheryl Galgano (Trustee).
What does The Gerald and Carol Galgano Foundation Inc fund?
Based on its grants, mainly education.