GLO-Tone Effect Foundation Inc

Private foundation · Grantmaker Glassboro, NJ EIN: 47-1415995

GLO-Tone Effect Foundation Inc is a private foundation, based in Glassboro, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $183K in total assets. In 2025, it awarded 3 grants totaling $30K. Net investment income was $10K.

Key facts about GLO-Tone Effect Foundation Inc

In short: GLO-Tone Effect Foundation Inc gave $30K across 3 grants in 2025 (avg $10K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.

EIN
47-1415995
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$29,500
Grants made (2025)
3
Average grant
$9,833
Median grant
$3,000
Total assets
$183,116
Primary geography
Pennsylvania (85% 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

$183K

-12.2% YoY

Annual Giving

$30K

+0.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$10K

+0.0% YoY

Under IRS private-foundation payout rules, GLO-Tone Effect Foundation Inc reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

How GLO-Tone Effect Foundation Inc gives

  • Giving fell 54% from 2022 to 2025. Method
  • In 2025 it paid out 205% 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

3states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

GlassboroHaddonfieldVillanovaNew JerseyPhiladelphiaStaten Island

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K2 grants2020 2 grants2021 5 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $15K (2021) to $64K (2022). In 2025 it made 3 grants totaling $30K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Villanova University: $25KVillanova University$25KRowan University: $3KRowan University$3KThe Bancroft School: $2KThe Bancroft School$2K

The largest 2025 recipient was Villanova University ($25K). Together the top 3 received $30K.

Grant Size Distribution

16 grants across all recorded years

15<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 16 (94%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Villanova University Villanova, PAFCN Endowed Scholarship$25,000
Rowan University Glassboro, NJAnthony Dimedio Memorial Scholarship$3,000
The Bancroft School New Jersey, NJButterfly Ball Bronze Sponsor$1,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$183,116$208,623$218,347
Revenue$6,935$24,154$39,806
Expenses$32,442$32,522$32,901
Qualifying Distributions$32,075$31,946$30,631
Net Investment Income$9,858$21,313$39,743
Distributable Amount$15,633$15,100$15,300

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

GLO-Tone Effect Foundation Inc is led by Lisa Dimedio, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Lisa Dimedio

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • John Flamma

    Secretary & Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mia Marrazza

    Vice President

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 GLO-Tone Effect Foundation Inc

How much does GLO-Tone Effect Foundation Inc give each year?

GLO-Tone Effect Foundation Inc gave $30K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $30K across 3 grants.

What is GLO-Tone Effect Foundation Inc's typical grant size?

GLO-Tone Effect Foundation Inc's median grant in 2025 was $3,000, and its average grant was $9,833, across 3 grants on its 2025 IRS Form 990-PF.

Where does GLO-Tone Effect Foundation Inc give grants?

GLO-Tone Effect Foundation Inc gives mostly in Pennsylvania: 85% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (15%).

Does GLO-Tone Effect Foundation Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on GLO-Tone Effect Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

How large is GLO-Tone Effect Foundation Inc?

GLO-Tone Effect Foundation Inc reported $183K in total assets on its 2025 IRS Form 990-PF. It paid out $32K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).

What is GLO-Tone Effect Foundation Inc's EIN?

GLO-Tone Effect Foundation Inc's EIN (Employer Identification Number) is 47-1415995. IRS Form 990 filing data is available on this page for 2020–2025.

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

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