Favaro Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRONXVILLE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 12 grants totaling $181K. Net investment income was $79K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-1.7% YoY
Annual Giving
$181K
+25.9% YoY
Grant Count
12
-7.7% YoY
Avg Grant Size
$15K
+36.4% YoY
Under IRS private-foundation payout rules, Favaro Family Foundation Inc reported a distributable amount of $117K for 2024 — the minimum it must pay out in qualifying distributions.
About Favaro Family Foundation Inc
Based on IRS filings
Favaro Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRONXVILLE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 12 grants totaling $181K. Net investment income was $79K.
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 | $2,039,658 | $2,075,257 | $2,071,733 |
| Revenue | $153,665 | $154,341 | $155,501 |
| Expenses | $189,264 | $150,817 | $63,941 |
| Qualifying Distributions | $187,129 | $147,281 | $39,219 |
| Net Investment Income | $79,089 | $84,526 | $96,710 |
| Distributable Amount | $117,120 | $100,084 | $92,870 |
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
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Give Well ($50,000), Princeton University ($45,000), Stanford University ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAS FOUNDATION CHULA VISTA, CA | GENERAL SUPPORT | $5,000 |
| GIVE WELL SAN FRANCISCO, CA | GENERAL SUPPORT | $50,000 |
| IBIS REPRODUCTIVE HEALTH CAMBRIDGE, MA | GENERAL SUPPORT | $5,000 |
| INTERNATIONAL REFUGEE ASSISTANCE PROJECT NEW YORK, NY | GENERAL SUPPORT | $15,000 |
| MIDDLE EAST CHILDREN'S INSTITUTE LOCUST VALLEY, NY | GENERAL SUPPORT | $2,000 |
| NATIONAL PHILANTHROPIC TRUST JENKINTOWN, PA | GENERAL SUPPORT | $15,000 |
| NEW YORK-PRESBYTERIAN LAWRENCE HOSPITAL CENTER BRONXVILLE, NY | GENERAL SUPPORT | $10,000 |
| NWBCCC BRONX, NY | GENERAL SUPPORT | $1,000 |
| NYPIRG NEW YORK, NY | GENERAL SUPPORT | $2,600 |
| PRINCETON UNIVERSITY PRINCETON, NJ | ANNUAL GIVING TO HELP FUND OPERATIONS AND PROGRAMS. | $45,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEXANDER P FAVARO | DIRECTOR | 1 | — |
| CRISTINA C FAVARO | DIRECTOR | 0.1 | — |
| ELIZABETH I FAVARO | SECRE/DIRECTOR | 1 | — |
| KENNETH R FAVARO | CHAIRMAN/DIREC. | 0.1 | — |
| NICOLAS J FAVARO | DIRECTOR | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Favaro Family Foundation Inc?
Favaro Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRONXVILLE, NY. It holds $2.0M in total assets as of 2024.
How large is Favaro Family Foundation Inc?
As of 2024, Favaro Family Foundation Inc holds $2.0M in total assets with $154K in annual revenue. It awarded 12 grants totaling $181K in 2024.
Where does Favaro Family Foundation Inc operate?
Favaro Family Foundation Inc has awarded grants in California, District of Columbia, Massachusetts, New Jersey, New York, Pennsylvania, Vermont.
What size grants does Favaro Family Foundation Inc award?
In 2024, Favaro Family Foundation Inc awarded 12 grants totaling $181K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Favaro Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Favaro Family Foundation Inc reported a distributable amount of $117K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Favaro Family Foundation Inc's EIN?
Favaro Family Foundation Inc's EIN (Employer Identification Number) is 20-8048409. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Favaro Family 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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