Lombardi Paul J Char Trust

Private foundation · Grantmaker Pennington, NJ EIN: 01-0580707

Lombardi Paul J Char Trust is a private foundation, based in Pennington, NJ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $620K in total assets. In 2025, it awarded 1 grant totaling $26K. Net investment income was $51K.

Key facts about Lombardi Paul J Char Trust

In short: Lombardi Paul J Char Trust gave $26K across 1 grant in 2025 (avg $26K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.

EIN
01-0580707
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$26,141
Grants made (2025)
1
Average grant
$26,141
Median grant
$26,141
Total assets
$619,692
Primary geography
New Jersey (100% 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

$620K

+3.3% YoY

Annual Giving

$26K

+9.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$26K

+9.4% YoY

Under IRS private-foundation payout rules, Lombardi Paul J Char Trust reported a distributable amount of $33K for 2025 — the minimum it must pay out in qualifying distributions.

How Lombardi Paul J Char Trust gives

  • Giving held roughly steady from 2022 to 2025 (+15%). Method
  • In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

New BrunswickMemphis

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $4K (2021) to $26K (2025). In 2025 it made 1 grant totaling $26K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

St Peter's Foundation: $26KSt Peter's Foundation$26K

The largest 2025 recipient was St Peter's Foundation ($26K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
St Peter's Foundation New Brunswick, NJUnrestricted General$26,141

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$619,692$599,616$624,002
Revenue$57,299$9,741$-722
Expenses$37,217$34,141$34,286
Qualifying Distributions$30,409$29,806$30,240
Net Investment Income$50,673$11,651$10,345
Distributable Amount$33,018$32,063$29,546

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Lombardi Paul J Char Trust's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Bank Of America N A

    Co-Trustee

    Co-Trustee → Trustee, 2020

    Trustee → Co-Trustee, 2024

    On filings since 2019

    2 hrs/week

    $8K (2019) → $9K (2025)

  • Jean Duffy

    Co-Trustee

    On filings since 2019

    2 hrs/week

    $2K (2019) → $2K (2025)

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America N a — Co-Trustee: $9KBank of America N aCo-Trustee$9KJean Duffy — Co-Trustee: $2KJean DuffyCo-Trustee$2K

The highest reported compensation on the 2025 filing was $9K, to Bank of America N a (Co-Trustee). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Lombardi Paul J Char Trust

How much does Lombardi Paul J Char Trust give each year?

Lombardi Paul J Char Trust gave $26K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $24K across 1 grant.

How large is Lombardi Paul J Char Trust?

Lombardi Paul J Char Trust reported $620K in total assets on its 2025 IRS Form 990-PF. It paid out $30K in qualifying distributions that year, against a required minimum of $33K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Lombardi Paul J Char Trust operate?

Lombardi Paul J Char Trust has awarded grants in New Jersey, Tennessee.

What is Lombardi Paul J Char Trust's EIN?

Lombardi Paul J Char Trust's EIN (Employer Identification Number) is 01-0580707. IRS Form 990 filing data is available on this page for 2019–2025.

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

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