Caruso Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WARREN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $549K in total assets. In 2024, it awarded 3 grants totaling $125K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$549K
+91.6% YoY
Annual Giving
$125K
+13.6% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$42K
+13.6% YoY
About Caruso Family Foundation Inc
Based on IRS filings
Caruso Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WARREN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $549K in total assets. In 2024, it awarded 3 grants totaling $125K. Net investment income was $13K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $549,418 | $286,792 | $266,768 |
| Revenue | $387,690 | $132,207 | $27,702 |
| Expenses | $125,064 | $112,183 | $42,320 |
| Qualifying Distributions | $125,000 | $110,000 | $40,000 |
| Net Investment Income | $12,690 | $4,629 | $2,692 |
| Distributable Amount | $16,714 | $13,150 | $14,773 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANTHONY CARUSO JR | TRUSTEE | 1 | — |
| ANTHONY CARUSO SR | TRUSTEE | 1 | — |
| CYNTHIA CARUSO | TRUSTEE | 1 | — |
| DOMENICK CARUSO | TRUSTEE | 1 | — |
| MICHAEL CARUSO | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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