Centofante Foundation
Centofante Foundation is a private foundation, based in REDONDO BEACH, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $75K in total assets. In 2024, it awarded 2 grants totaling $1.0M. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$75K
+8.2% YoY
Annual Giving
$1.0M
-0.2% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$510K
-0.2% YoY
Under IRS private-foundation payout rules, Centofante Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Centofante Foundation
Based on IRS filings
Centofante Foundation is a private foundation, based in REDONDO BEACH, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $75K in total assets. In 2024, it awarded 2 grants totaling $1.0M. Net investment income was $2K.
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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 | $75,081 | $69,366 | $76,299 |
| Revenue | $1,027,615 | $1,017,417 | $1,001,395 |
| Expenses | $1,021,900 | $1,024,350 | $1,023,670 |
| Qualifying Distributions | $1,021,050 | $1,023,525 | $1,022,870 |
| Net Investment Income | $1,765 | $1,592 | $595 |
| Distributable Amount | $4,223 | $7,872 | $4,296 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Southern California ($1,000,000), Swim With Mike Foundation ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SWIM WITH MIKE FOUNDATION PASADENA, CA | GENERAL CONTRIBUTION | $20,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA LOS ANGELES, CA | GENERAL CONTRIBUTION | $1,000,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY J CENTOFANTE | PRESIDENT | — | — |
| LINDA M WENGLIKOWSKI | SECRETARY | — | — |
| JAMES P CENTOFANTE | DIRECTOR | — | — |
| JANE F CENTOFANTE | DIRECTOR | — | — |
| ALBERT T CENTOFANTE | DIRECTOR | 1 | — |
| MICHELLE A KATNIK | DIRECTOR | — | — |
Frequently Asked Questions
How large is Centofante Foundation?
As of 2024, Centofante Foundation holds $75K in total assets with $1.0M in annual revenue. It awarded 2 grants totaling $1.0M in 2024.
Where does Centofante Foundation operate?
Centofante Foundation has awarded grants in California.
What size grants does Centofante Foundation award?
In 2024, Centofante Foundation awarded 2 grants totaling $1.0M — an average of about $510K per grant, based on its IRS Form 990 filings.
How much is Centofante Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Centofante Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Centofante Foundation's EIN?
Centofante Foundation's EIN (Employer Identification Number) is 33-0361839. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Centofante Foundation'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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