Pascarella Family Foundation Inc

BASKING RIDGE, NJ EIN: 22-3835381

Pascarella Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BASKING RIDGE, NJ. IRS filing data is available from 2020 through 2023. In 2023, it awarded 11 grants totaling $86K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$86K

+17022.4% YoY

Grant Count

11

+1000.0% YoY

Avg Grant Size

$8K

+1456.6% YoY

Under IRS private-foundation payout rules, Pascarella Family Foundation Inc reported a distributable amount of $2K for 2023 — the minimum it must pay out in qualifying distributions.

About Pascarella Family Foundation Inc

Based on IRS filings

Pascarella Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BASKING RIDGE, NJ. IRS filing data is available from 2020 through 2023. In 2023, it awarded 11 grants totaling $86K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

Basking RidgeBurlingtonCliftonDorsetKetteringMadisonManchesterMemphisMorristownMorrstownNew YorkRiversideStirlingVeronaWarrenWest Orange

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$37K$74K$111K$148K2020202120222023
Metric202320222021
Total Assets$140,719$155,733
Revenue$-52,897$-12,161$134,599
Expenses$87,822$1,134$18,798
Qualifying Distributions$85,612$500$17,035
Net Investment Income$122,005
Distributable Amount$1,742$5,010$1,866

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$43K$64K$86K8 grants20206 grants20211 grants202211 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

ST VINCENT DEPAUL RC CHU…$35KGOOD COUNSEL HOMES$10KINSPIRE FAMILY LIFE CENTER$10KMARKET STREET MISSION$10KCATHOLIC CHARITIES$6KAUTISM SPEAKS$5KFNDN FOR MORRISTOWN MEDI…$5KFRANCISCAN MEDIA$2KST JUDE HOSPITAL$2KNEW JERSEY THEATRE ALLIA…$1K

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include St Vincent Depaul Rc Church ($34,612), Good Counsel Homes ($10,000), Inspire Family Life Center ($10,000).

RecipientPurposeAmount
AUTISM SPEAKS NEW YORK, NYUNRESTRICTED$5,000
CATHOLIC CHARITIES CLIFTON, NJUNRESTRICTED$6,000
FNDN FOR MORRISTOWN MEDICAL CENTER MORRISTOWN, NJUNRESTRICTED$5,000
FRANCISCAN MEDIA KETTERING, OHUNRESTRICTED$2,000
FRIENDS OF BERNARDS TWP LIBRARY BASKING RIDGE, NJUNRESTRICTED$500
GOOD COUNSEL HOMES RIVERSIDE, NJUNRESTRICTED$10,000
INSPIRE FAMILY LIFE CENTER WARREN, NJUNRESTRICTED$10,000
MARKET STREET MISSION MORRISTOWN, NJUNRESTRICTED$10,000
NEW JERSEY THEATRE ALLIANCE WEST ORANGE, NJUNRESTRICTED$1,000
ST JUDE HOSPITAL MEMPHIS, TNUNRESTRICTED$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
MARYANN PASCARELLATRUSTEE
MICHAEL PASCARELLATRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Pascarella Family Foundation Inc?

Pascarella Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BASKING RIDGE, NJ. It holds — in total assets as of 2023.

Where does Pascarella Family Foundation Inc operate?

Pascarella Family Foundation Inc has awarded grants in New Jersey, New York, Ohio, Tennessee, Vermont.

What size grants does Pascarella Family Foundation Inc award?

In 2023, Pascarella Family Foundation Inc awarded 11 grants totaling $86K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Pascarella Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Pascarella Family Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Pascarella Family Foundation Inc's EIN?

Pascarella Family Foundation Inc's EIN (Employer Identification Number) is 22-3835381. IRS Form 990 filing data is available on this page for 2020–2023.

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

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