Private Foundation · NJ · Private Grantmaking Foundations
Peter Magnone Foundation
Fort Lee, NJ · EIN 832889496 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$888K
Total Giving
$75K
Grants on File
9
Average Grant
$8K
Giving Radius
Where Peter Magnone Foundation Has Given
Section I
How to Apply
An applicant's background information such as financial statements, brochure, mission statement as well as a letter as to how and for what purpose a grant will be sent are required.
On Unsolicited Proposals yes
Restrictions
There is no restriction.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Denville, NJ | $25K | 2019 |
| Bronx, NY | $3K | 2019 |
| Palisades Park, NJ | $1K | 2019 |
| Saddle Brook, NJ | $20K | 2020 |
| Bronx, NY | $13K | 2020 |
| Newton, NJ | $2K | 2021 |
| Gallup, NM | $5K | 2021 |
| Bronx, NY | $3K | 2022 |
| Fort Lee, NJ | $3K | 2023 |
9 grants total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $827K | — | $144K | $4K |
| 2022 | $687K | — | $581 | $3K |
| 2021 | $690K | — | $40K | $9K |
| 2020 | $658K | — | $9K | $40K |
| 2019 | $11K | — | $42K | $31K |
| 2018 | $1 | — | $1 | — |
Section VII
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