Joe Tassone Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DELMONT, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $813K in total assets. In 2024, it awarded 3 grants totaling $45K. Net investment income was $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$813K
-1.9% YoY
Annual Giving
$45K
-10.0% YoY
Grant Count
3
-57.1% YoY
Avg Grant Size
$15K
+110.0% YoY
Under IRS private-foundation payout rules, Joe Tassone Foundation Inc reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
About Joe Tassone Foundation Inc
Based on IRS filings
Joe Tassone Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DELMONT, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $813K in total assets. In 2024, it awarded 3 grants totaling $45K. Net investment income was $35K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $813,493 | $829,391 | $791,947 |
| Revenue | $34,958 | $98,535 | $-6,675 |
| Expenses | $48,715 | $61,091 | $63,413 |
| Qualifying Distributions | $48,713 | $50,795 | $52,545 |
| Net Investment Income | $34,956 | $88,439 | $9,211 |
| Distributable Amount | $40,554 | $40,173 | $42,918 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Foundation of Fayette Cou ($25,000), St John the Evangelist RC ($10,000), Geibel Catholic ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| St John the Evangelist RC Uniontown, PA | Church Donations | $10,000 |
| Geibel Catholic Connellsville, PA | Catholic School Scholarships | $10,000 |
| Community Foundation of Fayette Cou Uniontown, PA | Direct programming support. | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Earl Stevenson | Secretary | 2 | — |
| Constance Battglia | Director | 2 | — |
| Edward Rebitch | Treasurer | 2 | — |
| John R Hart | President | 2 | — |
| Jeff Strauch | Director | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Joe Tassone Foundation Inc?
Joe Tassone Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DELMONT, PA. It holds $813K in total assets as of 2024.
How large is Joe Tassone Foundation Inc?
As of 2024, Joe Tassone Foundation Inc holds $813K in total assets with $35K in annual revenue. It awarded 3 grants totaling $45K in 2024.
Where does Joe Tassone Foundation Inc operate?
Joe Tassone Foundation Inc has awarded grants in Pennsylvania.
What size grants does Joe Tassone Foundation Inc award?
In 2024, Joe Tassone Foundation Inc awarded 3 grants totaling $45K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Joe Tassone Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Joe Tassone Foundation Inc reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Joe Tassone Foundation Inc's EIN?
Joe Tassone Foundation Inc's EIN (Employer Identification Number) is 20-5846388. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Joe Tassone 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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