Centofante Foundation

Foundation · Grantmaker Redondo Beach, CA EIN: 33-0361839

Centofante Foundation is a private foundation, based in Redondo Beach, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $279K in total assets. In 2025, it awarded 1 grant totaling $20K. Net investment income was $12K.

Key facts about Centofante Foundation

In short: Centofante Foundation gave $20K across 1 grant in 2025 (avg $20K), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
33-0361839
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$20,000
Grants made (2025)
1
Average grant
$20,000
Median grant
$20,000
Total assets
$279,415
Primary geography
California (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$279K

+272.2% YoY

Annual Giving

$20K

-98.0% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$20K

-96.1% YoY

Under IRS private-foundation payout rules, Centofante Foundation reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.

How Centofante Foundation gives

  • Giving fell 98% from 2022 to 2025. Method
  • In 2025 it paid out 394% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

Los AngelesPasadenaTorrance

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M2 grants20192 grants20200 grants20212 grants20222 grants20232 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Swim with Mike Foundation: $20KSwim with Mike Foundation$20K

Grant Size Distribution

7 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
SWIM WITH MIKE FOUNDATION Pasadena, CAGENERAL CONTRIBUTION$20,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2019202020212022202320242025
Metric202520242023
Total Assets$279,415$75,081$69,366
Revenue$226,324$1,027,615$1,017,417
Expenses$21,990$1,021,900$1,024,350
Qualifying Distributions$21,087$1,021,050$1,023,525
Net Investment Income$11,693$1,765$1,592
Distributable Amount$5,354$4,223$7,872

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS August 3, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 6, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 21, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 26, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 3, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Centofante Foundation is led by Albert T. Centofante, President since 2025 (on filings since 2019); none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Albert T. Centofante

    President

    Director → President, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • James P. Centofante

    Director

    On filings since 2019

    No compensation reported

  • Jane F. Centofante

    Director

    On filings since 2019

    No compensation reported

  • Michelle A. Katnik

    Director

    On filings since 2019

    No compensation reported

  • Linda M. Wenglikowski

    Secretary

    On filings since 2019

    No compensation reported

Former officers (1)
  • Former: Mary J. Centofante (2019–2024) — President

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Centofante Foundation

How much does Centofante Foundation give each year?

Centofante Foundation gave $20K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.0M across 2 grants.

How large is Centofante Foundation?

Centofante Foundation reported $279K in total assets on its 2025 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).

Where does Centofante Foundation operate?

Centofante Foundation has awarded grants in California.

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 2019–2025.

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

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