Favaro Family Foundation Inc
Preselected recipients only
Favaro Family Foundation Inc is a private foundation in Bronxville, New York. In tax year 2024 it gave $180,600 in 12 grants; the typical grant was $10,000 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$180,600
- Number of grants12
- Typical grant$10,000
- Largest grant$50,000
- Assets$2.4 million
- New grantees33%
Giving in 2024 was up from $143,446 the year before.
33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $143,446 | 13 | $2.2 million |
| 2024 | $180,600 | 12 | $2.4 million |
How to apply
Favaro Family 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 Favaro Family Foundation Inc funds
Where it gives
Its grants went to recipients in 5 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 3 | $75,000 |
| New Jersey | 1 | $45,000 |
| New York | 6 | $40,600 |
| Pennsylvania | 1 | $15,000 |
| Massachusetts | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Give Well | General support | $50,000 |
| Princeton University | Annual giving to help fund operations and programs. | $45,000 |
| Stanford University | General support | $20,000 |
| International Refugee Assistance Project | General support | $15,000 |
| National Philanthropic Trust | General support | $15,000 |
| New York-Presbyterian Lawrence Hospital Center | General support | $10,000 |
| The Possibility Project | General support | $10,000 |
| Americas Foundation | General support | $5,000 |
| Ibis Reproductive Health | General support | $5,000 |
| Nypirg | General support | $2,600 |
| Middle East Children's Institute | General support | $2,000 |
| Nwbccc | General support | $1,000 |
Officers and trustees
- Alexander P Favaro
- Cristina C Favaro
- Elizabeth I Favaro
- Kenneth R Favaro
- Nicolas J Favaro
Questions people ask
Does Favaro Family Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Favaro Family Foundation Inc give?
$180,600 in tax year 2024, across 12 grants, with a typical grant of $10,000.
Who runs Favaro Family Foundation Inc?
Its 2024 filing lists Alexander P Favaro (Director), Cristina C Favaro (Director), Elizabeth I Favaro (Secre/Director) and Kenneth R Favaro (Chairman/Direc.) among 5 officers and trustees.
What does Favaro Family Foundation Inc fund?
Based on its grants, mainly education and health.