Arc Foundation Inc
Arc Foundation Inc is a private foundation, based in ALLENTOWN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $443K in total assets. In 2024, it awarded 28 grants totaling $39K. Net investment income was $20K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$443K
+10.7% YoY
Annual Giving
$39K
+46.1% YoY
Grant Count
28
+16.7% YoY
Avg Grant Size
$1K
+25.2% YoY
Under IRS private-foundation payout rules, Arc Foundation Inc reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About Arc Foundation Inc
Based on IRS filings
Arc Foundation Inc is a private foundation, based in ALLENTOWN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $443K in total assets. In 2024, it awarded 28 grants totaling $39K. Net investment income was $20K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $443,499 | $400,785 | $363,030 |
| Revenue | $82,021 | $65,058 | $69,130 |
| Expenses | $39,307 | $27,303 | $34,071 |
| Qualifying Distributions | $38,577 | $26,409 | $33,135 |
| Net Investment Income | $19,833 | $8,058 | $7,070 |
| Distributable Amount | $19,220 | $18,334 | $16,304 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
130 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Parish of St Isidore the Farmer ($4,331), Oasis ($2,200), Fulfill ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLENTOWN FOOD PANTRY ALLENTOWN, NJ | CHARITABLE | $1,500 |
| CHILDREN'S HOME SOCIETY OF NJ TRENTON, NJ | CHARITABLE | $800 |
| COAR PEACE MISSION WICKLIFFE, OH | CHARITABLE | $1,100 |
| COMPASSION & CHOICES ETNA, NH | CHARITABLE | $400 |
| COMPASSION INTERNATIONAL COLORADO SPRINGS, CO | CHARITABLE | $591 |
| EVA'S VILLAGE PATERSON, NJ | CHARITABLE | $1,000 |
| FOOD FOR THE POOR COCONUT CREEK, FL | CHARITABLE | $900 |
| FRANCISCIAN RENEWAL MINISTRIES BRONX, NY | CHARITABLE | $1,600 |
| FULFILL NEPTUNE, NJ | CHARITABLE | $2,000 |
| HINNANT COMMUNITY OUTREACH CENTER MICRO, NC | CHARITABLE | $1,800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AUGUST FASOLINO JR | TRUSTEE | — | — |
| CHERYLE FASOLINO | TRUSTEE | — | — |
| SHELLEY STROEHLEIN | TRUSTEE | — | — |
Frequently Asked Questions
How large is Arc Foundation Inc?
As of 2024, Arc Foundation Inc holds $443K in total assets with $82K in annual revenue. It awarded 28 grants totaling $39K in 2024.
Where does Arc Foundation Inc operate?
Arc Foundation Inc has awarded grants in Colorado, District of Columbia, Florida, North Carolina, Nebraska, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Washington.
What size grants does Arc Foundation Inc award?
In 2024, Arc Foundation Inc awarded 28 grants totaling $39K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Arc Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Arc Foundation Inc reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Arc Foundation Inc's EIN?
Arc Foundation Inc's EIN (Employer Identification Number) is 52-1790846. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Arc Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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