Aquino Family Charitable Foundation Inc

SPRING LAKE, NJ EIN: 27-1516648

Aquino Family Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRING LAKE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 25 grants totaling $50K. Net investment income was $28K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

-9.6% YoY

Annual Giving

$50K

-54.8% YoY

Grant Count

25

-3.8% YoY

Avg Grant Size

$2K

-53.0% YoY

Under IRS private-foundation payout rules, Aquino Family Charitable Foundation Inc reported a distributable amount of $59K for 2024 — the minimum it must pay out in qualifying distributions.

About Aquino Family Charitable Foundation Inc

Based on IRS filings

Aquino Family Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRING LAKE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 25 grants totaling $50K. Net investment income was $28K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AlbanyAllentownAmherstAtlantaBelmarBrentwoodBrick TownshipBuffaloCaroga LakeCarteretCateretChathamClawsonColrainDepewDouglasEdwardsElmaGarden CityGetzville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$40K$81K$121K$162K20202021202220232024
Metric202420232022
Total Assets$1,025,325$1,134,812$1,162,056
Revenue$-32,636$132,812$128,252
Expenses$76,851$144,570$122,849
Qualifying Distributions$69,550$135,412$60,139
Net Investment Income$28,170$75,439$59,937
Distributable Amount$59,409$54,294$60,112

Giving Over Time

Total grant dollars and number of grants per year

$0$27K$55K$82K$110K19 grants202034 grants202121 grants202226 grants202325 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AUTISM NEW JERSEY$10KBUFFALO PRENATAL PERINAT…$5KST MARY'S HIGH SCHOOL$4KFRIENDLY SONS OF THE SHI…$3KBOYS & GIRLS CLUB$3KCAROGA ARTS COLLECTIVE$2KUNIQUE THEATRE COMPANY$2KMONMOUTH COUNTY HUNT$2KTUNNEL TO TOWERS$2KMJV FOUNDATION$2K

Grant Size Distribution

125 grants across all recorded years

125<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Autism New Jersey ($10,000), Buffalo Prenatal Perinatal Network ($5,000), St Mary's High School ($3,540).

RecipientPurposeAmount
AUTISM NEW JERSEY ROBBINSVILLE, NJGENERAL DONATION FOR UNRESTRICTED USE$10,000
BLUEPATH SERVICE DOGS WAPPINGERS FALLS, NYGENERAL DONATIONS FOR UNRESTRICTED USE$500
BOYS & GIRLS CLUB BUFFALO, NYGENERAL DONATIONS FOR UNRESTRICTED USE$3,000
BUFFALO PRENATAL PERINATAL NETWORK BUFFALO, NYGENERAL DONATION FOR UNRESTRICTED USE$5,000
CAROGA ARTS COLLECTIVE CAROGA LAKE, NYGENERAL DONATION FOR UNRESTRICTED USE$2,000
CROHN'S & COLITIS FOUNDATION NEW YORK, NYGENERAL DONATION FOR UNRESTRICTED USE$1,300
FRIENDLY SONS OF THE SHILLELAGH BELMAR, NJGENERAL DONATIONS FOR UNRESTRICTED USE$3,153
PLYMOUTH CROSSROADS LANCASTER, NYGENERAL DONATION FOR UNRESTRICTED USE$1,500
SHARING NETWORK NEW PROVIDENCE, NJGENERAL DONATION FOR UNRESTRICTED USE$1,500
ST MARY'S HIGH SCHOOL LANCASTER, NYGENERAL DONATION FOR UNRESTRICTED USE$3,540

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL AQUINOPRESIDENT1
CHERYL AQUINOVICE PRESIDENT1
MARK AQUINOSECRETARY1
PAT CIPOLLATREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Aquino Family Charitable Foundation Inc?

Aquino Family Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRING LAKE, NJ. It holds $1.0M in total assets as of 2024.

How large is Aquino Family Charitable Foundation Inc?

As of 2024, Aquino Family Charitable Foundation Inc holds $1.0M in total assets with $-32,636 in annual revenue. It awarded 25 grants totaling $50K in 2024.

Where does Aquino Family Charitable Foundation Inc operate?

Aquino Family Charitable Foundation Inc has awarded grants in Colorado, Georgia, Indiana, Massachusetts, Michigan, New Jersey, New York, Ohio, Oklahoma, Tennessee.

What size grants does Aquino Family Charitable Foundation Inc award?

In 2024, Aquino Family Charitable Foundation Inc awarded 25 grants totaling $50K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Aquino Family Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Aquino Family Charitable Foundation Inc reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Aquino Family Charitable Foundation Inc's EIN?

Aquino Family Charitable Foundation Inc's EIN (Employer Identification Number) is 27-1516648. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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