Paragano Family Foundation Inc 5484-05-42

PHILADELPHIA, PA EIN: 22-2483286

Paragano Family Foundation Inc is a private, non-operating foundation based in Philadelphia, Pennsylvania. Incorporated in 1983, the foundation maintains its administrative office at Glenmede Trust Company, 1650 Market Street, Suite 1200, Philadelphia, PA 19103. The foundation is designated as a 501(c)(3) tax-exempt charitable organization and has been tax-exempt since December 1983.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.3M

+1.7% YoY

Annual Giving

$734K

-8.8% YoY

Grant Count

41

+17.1% YoY

Avg Grant Size

$18K

-22.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities focus primarily on:

  • Roman Catholic churches and religious orders
  • Religious agencies, particularly those serving youth
  • Health initiatives
  • Education

The foundation emphasizes support for youth services and religious activities aligned with Catholic institutions and causes.

Grantmaking

The foundation made 32 grants totaling $734,223 in 2024.

Ready to take the next step with Paragano Family Foundation Inc 5484-05-42?

Geographic Focus

Where this funder awards grants

The foundation's grantmaking focuses primarily on:

  • New Jersey
  • New York
  • Texas

Grant Distribution by State

16states
+8 more states

Cities

AmericusBaltimoreBedminsterBernardsBernardsvilleBostonChathamChicagoColumbiaCranfordDallasEmmausFar HillsHillsideHoustonLawrencevilleLivingstonMadisonMaplewoodMorristown

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

Metric Amount
Total Assets $8,317,476
Total Revenues $941,683
Total Expenses $798,676
Investment Income & Dividends $250,950
Net Gain from Sale of Non-Inventory Assets $690,733
Total Liabilities $0

Staffing: The foundation operates with zero employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$259K$518K$777K$1M20202021202220232024
Metric202420232022
Total Assets$8,317,476$8,175,713$8,793,777
Revenue$941,683$257,374$364,570
Expenses$798,676$867,849$580,194
Qualifying Distributions$749,124$819,324$516,824
Net Investment Income$892,220$208,956$316,099
Distributable Amount$450,604$442,655$487,853

Giving Over Time

Total grant dollars and number of grants per year

$0$201K$402K$604K$805K1 grants202039 grants202130 grants202235 grants202341 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

South Street Theater Com…$200KMayo Clinic$100KTrustees of Newark Academy$63KMorristown Memorial Heal…$58KOverlook Foundation$50KThe University of Texas …$20KMorris Habitat for Human…$20KSave the Music Foundation$20KDoctors Without Borders …$15KMemorial Sloan-Kettering…$15K

Grant Size Distribution

146 grants across all recorded years

131<$50K8$50–100K6$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is governed by two trustees:

  • Eileen Paragano
  • Suzanne Paragano Kane

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
EILEEN PARAGANOTRUSTEE1
SUZANNE PARAGANO KANETRUSTEE1
ANDREW HUNTTRUSTEE1

Related Funders

Similar funders by location and focus area

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

What could you do with Paragano Family Foundation Inc 5484-05-42 on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities