Citizens Philanthropic Foundation Inc
Citizens Philanthropic Foundation Inc is a private foundation based in Short Hills, New Jersey. It supports nonprofit organizations addressing hunger, financial empowerment, and stronger communities through economic and workforce development, with the majority of its giving focused on New York and New Jersey.
Citizens Philanthropic Foundation Inc at a glance
In short: Citizens Philanthropic Foundation Inc gave $3.1M across 127 grants in 2024 (avg $24K), mostly in New York. 41% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,108,750
- +39.7% vs 2023
- Grants made (2024)
- 127
- -51.0% vs 2023
- Average grant
- $24,478
- +184.8% vs 2023
- Median grant
- $3,750
- Total assets
- $18,684,342
- +10.4% vs 2023
- New grantees (estimate)
- 41% first-time grantees (49 of 119, 2024)
- Primary geography
- New York (51% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Citizens Philanthropic Foundation Inc
- How to Apply
-
Organizations seeking funding must submit a preliminary application through the foundation’s online application process. The filing says the foundation supports nonprofits addressing its primary giving areas and focuses most of its giving in New York and New Jersey. The workforce development and financial empowerment program descriptions identify IRS-qualified 501(c)(3) organizations as eligible applicants.
- Contact
Application contact: Citizens Philanthropic Foundation
Mailing address: 101 Jfk Parkway, Short Hills, NJ 07078
Phone: (401) 282-3638
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Citizens Philanthropic Foundation Inc
Citizens Philanthropic Foundation Grant: Financial Empowerment
Citizens Philanthropic Foundation Inc
Amount
Varies
Deadline
Deadline not published
Citizens Philanthropic Foundation Grant: Workforce Development
Citizens Philanthropic Foundation Inc
Amount
Varies
Deadline
Deadline not published
Who Citizens Philanthropic Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Year up Inc ($500K). Together the top 10 received $1.8M.
Grant Size Distribution
844 grants across all recorded years
The most common grant size was under $50K: 804 grants of 844 (95%).
Geographic Focus
Where this funder awards grants
The foundation’s filing says the majority of its giving is focused in New York and New Jersey. In 2024, 51% of grant dollars went to recipients in New York, 30% to New Jersey, and 19% to Massachusetts.
Grant Distribution by State
Share of 2024 grant dollars across all 127 itemized grants.
Cities
Is Citizens Philanthropic Foundation Inc open to new grantees?
41%
first-time grantees, 2024
In 2024, 49 of 119 grantees (41%) were first-time recipients. First grants averaged $9K; repeat grants $38K. How we count
Medians: $1K first-time, $12K repeat.
- 52% of 2024 grantees were also funded in 2023. Method
- Giving grew 706% from 2021 to 2024. Method
- In 2024 it paid out 349% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $169K (2020) to $3.1M (2024). In 2024 it made 127 grants totaling $3.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Year up Inc Boston, MA | 2025 national partnership + adult workforce talent in New York and New Jersey | $500,000 |
| Local Initiatives Support Corporation New York, NY | Cbedcs brooklyn youth training program for offshore wind jobs | $300,000 |
| Queens Economic Development Corporation KEW Gardens, NY | Supporting Queens Night Market Small Businesses & Vendors | $300,000 |
| Urban League of Essex County Newark, NJ | Clean Energy Careers Preparation Program | $100,000 |
| New York Restoration Project New York, NY | Nyrp & citizens philanthropic foundation 2024 and 2025 corporate partnership | $100,000 |
| Pursuit Transformation Company Inc Long Island City, NY | Support for continuous growth of the pursuit fellowship until hire | $100,000 |
| Artists for Humanity Inc Boston, MA | AFH NYC | $100,000 |
| Local Initiatives Support Corporation Ecosystem Development Newark, NJ | Ecosystem Development | $100,000 |
| The Oasis Haven for Women & Children Inc Paterson, NJ | Empowering low-income minority women through the oasis workplace development program | $75,000 |
| Food Bank for New York City New York, NY | Income Tax Program (Vita) | $75,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $18,684,342 | $1,017,270 | $3,190,388 | $3,108,750 | 127 | $3,135,559 | $1,968,674 | $897,382 |
| 2023 | $16,928,371 | $1,089,973 | $2,384,982 | $2,226,060 | 259 | $2,234,060 | $2,811,702 | $790,147 |
| 2022 | $19,655,882 | $19,491,329 | $763,938 | $747,000 | 246 | $752,942 | $738,389 | $850,603 |
| 2021 | $2,240,332 | $288,938 | $389,869 | $385,500 | 145 | $385,725 | $288,808 | $351,973 |
| 2020 | $2,291,493 | $240,318 | $180,616 | $169,450 | 67 | — | $238,436 | $206,082 |
Under IRS private-foundation payout rules, Citizens Philanthropic Foundation Inc reported a distributable amount of $897K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s filing identifies fighting hunger, fostering financial empowerment, and strengthening communities through economic and workforce development as its primary giving areas. Its workforce development and financial empowerment grant programs describe support for nonprofits with measurable-impact programs; the program descriptions also emphasize diverse populations, collaboration with Citizens colleagues, and service in New Jersey and Metro New York. They identify IRS-qualified 501(c)(3) organizations as eligible applicants.
Examples of supported organizations illustrate these areas. Year Up describes its mission as helping young adults gain skills and support for careers and higher education. Queens Economic Development Corporation says it creates and retains jobs by assisting small businesses and promoting tourism and business development. Food Bank for New York City describes its work as empowering New Yorkers to achieve food security.
Grantmaking
In 2024, the foundation made 127 grants totaling $3,108,750. Grant amounts ranged from $500 to $500,000, with a median of $3,750. The largest grants included $500,000 to Year Up for a national partnership and adult workforce talent in New York and New Jersey; $300,000 to Local Initiatives Support Corporation for a Brooklyn youth training program for offshore wind jobs; and $300,000 to Queens Economic Development Corporation to support Queens Night Market small businesses and vendors.
Other examples include $100,000 to Urban League of Essex County for a clean energy careers preparation program, $100,000 to Pursuit Transformation Company for continued growth of its fellowship, and $75,000 to Food Bank for New York City for its VITA income tax program.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Michelle Hecht as president; Keri Santos as vice president and director of corporate giving; Chris Grenier as secretary; and Dan Astolfi as treasurer. It also lists Reza Aghamirzadeh, Nuno dos Santos, Susan LaMonica, Domenick Cama, Kevin Cummings, and Rebecca O’Connell as members.
Citizens Philanthropic Foundation Inc's 2024 filing lists 9 officers; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Keri Santos
Vice President & Director of Corp Giving
On filings since 2022
1.9 hrs/week
No compensation reported
Domenick Cama
Member
Trustee → Member, 2022
On filings since 2020
0.2 hrs/week
No compensation reported
Kevin Cummings
Member
Trustee & President → Member, 2022
On filings since 2020
0.2 hrs/week
No compensation reported
Chris Grenier
Secretary
On filings since 2022
1.7 hrs/week
No compensation reported
Dan Astolfi
Treasurer
On filings since 2022
0.3 hrs/week
No compensation reported
Nuno Dos Santos
Member
On filings since 2022
0.2 hrs/week
No compensation reported
Reza Aghamirzadeh
Member
On filings since 2022
0.2 hrs/week
No compensation reported
Susan Lamonica
Member
On filings since 2022
0.2 hrs/week
No compensation reported
Rebecca O'Connell
Member
New on the 2024 filing
0.2 hrs/week
No compensation reported
Former officers (12)
- Former: Michelle Hecht (2022–2024) — President · Filing note: Ended 10/2022
- Former: Rebecca O'Connell Joined Dec (2023) — Member
- Former: Alfred Diblasio Jr. (2020–2022) — Trustee · Filing note: Ended 4/2022
- Former: Eric Lear (2020–2022) — Trustee · Filing note: Ended 4/2022
- Former: James Kilgore (2020–2022) — Trustee · Filing note: Ended 4/2022
- Former: Michael Smith (2020–2022) — Trustee & Treasurer · Filing note: Ended 4/2022
- Former: Michele N. Siekerka Esq. (2020–2022) — Trustee · Filing note: Ended 4/2022
- Former: Peter A. Inverso (2020–2022) — Trustee & Chairman · Filing note: Ended 4/2022
- Former: Roger Herrigel (2020–2022) — Trustee & Secretary · Filing note: Ended 4/2022
- Former: Victoria Magliacane (2020–2022) — Trustee · Filing note: Ended 4/2022
- Former: William Walsh Jr. (2020–2022) — Trustee · Filing note: Ended 4/2022
- Former: Barbara Cottam (2022) — President · Filing note: Ended 10/2022
Data from IRS Form 990 filings, 2020–2024. "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 Citizens Philanthropic Foundation Inc
How much does Citizens Philanthropic Foundation Inc give each year?
Citizens Philanthropic Foundation Inc gave $3.1M across 127 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.2M across 259 grants.
What is Citizens Philanthropic Foundation Inc's typical grant size?
Citizens Philanthropic Foundation Inc's median grant in 2024 was $3,750, and its average grant was $24,478, across 127 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Citizens Philanthropic Foundation Inc that year got $9K on average.
Where does Citizens Philanthropic Foundation Inc give grants?
Citizens Philanthropic Foundation Inc gives mostly in New York: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New Jersey (30%) and Massachusetts (19%). The most frequent recipient cities were New York, NY (18 grants), Brooklyn, NY (10 grants), Trenton, NJ (8 grants) and Newark, NJ (6 grants).
Does Citizens Philanthropic Foundation Inc give general operating support?
Occasionally: 4% of Citizens Philanthropic Foundation Inc's 2024 grants with a stated purpose (5 of 127) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Citizens Philanthropic Foundation Inc's largest grantees?
Citizens Philanthropic Foundation Inc's largest 2024 grantees include Year up Inc ($500,000), Local Initiatives Support Corporation ($320,000 across 2 grants) and Queens Economic Development Corporation ($300,000), according to its 2024 IRS Form 990-PF. Together they received 36% of its itemized 2024 grant dollars.
How large is Citizens Philanthropic Foundation Inc?
Citizens Philanthropic Foundation Inc reported $18.7M in total assets on its 2024 IRS Form 990-PF. It paid out $3.1M in qualifying distributions that year, against a required minimum of $897K (roughly 5% of its investment assets).
What does Citizens Philanthropic Foundation Inc fund?
The foundation’s filing identifies fighting hunger, fostering financial empowerment, and strengthening communities through economic and workforce development as its primary giving areas. See mission & focus areas ↑
How do I apply for a grant from Citizens Philanthropic Foundation Inc?
Organizations seeking funding must submit a preliminary application through the foundation’s online application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Citizens Philanthropic Foundation Inc's EIN?
Citizens Philanthropic Foundation Inc's EIN (Employer Identification Number) is 56-2582815. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Citizens Philanthropic Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Citizens Philanthropic Foundation Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/citizens-philanthropic-foundation-inc-morg_7ee34094dad94421b9d91cefe07aa52c
BibTeX
@misc{grantable_562582815_2026,
author = {{Grantable}},
title = {{Citizens Philanthropic Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/citizens-philanthropic-foundation-inc-morg_7ee34094dad94421b9d91cefe07aa52c},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Citizens Philanthropic Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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