Formento Family Foundation

PEORIA, AZ EIN: 87-3699028

Formento Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PEORIA, AZ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 11 grants totaling $220K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

-10.2% YoY

Annual Giving

$220K

+50.7% YoY

Grant Count

11

+22.2% YoY

Avg Grant Size

$20K

+23.3% YoY

About Formento Family Foundation

Based on IRS filings

Formento Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PEORIA, AZ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 11 grants totaling $220K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

BaltimoreChicagoCoconut CreekGlendaleLaveenMemphisPhoenixShafter

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$413K$825K$1M$2M2021202220232024
Metric202420232022
Total Assets$1,363,130$1,518,099$1,361,750
Revenue$65,031$345,349
Expenses$220,000$146,000$138,250
Qualifying Distributions$220,000$146,000$138,250
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$55K$110K$165K$220K0 grants20219 grants20229 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST VINCENT DE PAUL$47KST MARYS FOOD BANK$43KFOOD FOR THE POOR$39KCATHOLIC RELIEF SERVICES$39KBILLY'S PLACE$16KTHE FRANCISCAN FRIARS$9KSISTER FOR LIFE$7KCONGREGATION OF HOLY CROSS$6KNPH USA$6KTIA FOUNDATION$6K

Grant Size Distribution

29 grants across all recorded years

29<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Vincent De Paul ($46,500), St Marys Food Bank ($43,000), Food for the Poor ($39,000).

RecipientPurposeAmount
BILLY'S PLACE GLENDALE, AZTO PROVIDE SUPPORT TO CHILDREN AND THEIR FAMILIES THROUGH THEIR GRIEF JOURNEY.$16,000
CATHOLIC RELIEF SERVICES BALTIMORE, MDGENERAL SUPPORT$38,500
CONGREGATION OF HOLY CROSS PHOENIX, AZTO SUPPORT ONGOING OPERATIONS AND THE CHARISM OF HOLY CROSS.$6,000
FOOD FOR THE POOR COCONUT CREEK, FLTO HELP WITH FUNDING AND FURTHER THEIR MISSIONHELP US SERVE THOSE IN EXTREME POVERTY. WITH YOUR HELP, TO HELP THOSE IN EXTREME POVERTY.$39,000
ALL SEATED IN A BARN SHAFTER, CAGENERAL SUPPORT$3,000
NPH USA CHICAGO, ILTO PROVIDE PHYSICAL, EMOTIONAL AND SPIRITUAL SUPPORT ON A LONG-TERM BASIS TO DISADVANTAGED CHILDREN.$6,000
ST MARYS FOOD BANK PHOENIX, AZTO HELP FEED HUNGRY FAMILIES THROUGHOUT PHOENIX AND NINE ARIZONA COUNTIES.$43,000
ST VINCENT DE PAUL PHOENIX, AZTO FEED A HUNGRY NEIGHBOR.$46,500
THE FRANCISCAN FRIARS LAVEEN, AZTO SUPPORT AND HELP GOD'S PEOPLE, SHARING THE MESSAGE OF RECONCILIATION, UNITY AND AT-ONE-MENT ON THREE CONTINENTS.$9,000
TIA FOUNDATION PHOENIX, AZTO PROVIDE A LIFETIME OF MEDICAL CARE TO SOME OF THE POOREST PEOPLE IN THE MOST REMOTE AREAS MEXICO.$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
NICHOLAS FORMENTOTRUSTEE
BARABARA FORMENTOTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Formento Family Foundation?

Formento Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PEORIA, AZ. It holds $1.4M in total assets as of 2024.

How large is Formento Family Foundation?

As of 2024, Formento Family Foundation holds $1.4M in total assets with $65K in annual revenue. It awarded 11 grants totaling $220K in 2024.

Where does Formento Family Foundation operate?

Formento Family Foundation has awarded grants in Arizona, California, Florida, Illinois, Maryland, Tennessee.

What size grants does Formento Family Foundation award?

In 2024, Formento Family Foundation awarded 11 grants totaling $220K — an average of about $20K per grant, based on its IRS Form 990 filings.

What is Formento Family Foundation's EIN?

Formento Family Foundation's EIN (Employer Identification Number) is 87-3699028. IRS Form 990 filing data is available on this page for 2021–2024.

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Related Funders

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

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