Picozzi Family Foundation Inc is a private foundation focused on Education, based in SUMMIT, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 1 grants totaling $83K. Net investment income was $66K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-1.2% YoY
Annual Giving
$83K
+22.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$83K
+22.1% YoY
About Picozzi Family Foundation Inc
Based on IRS filings
Picozzi Family Foundation Inc is a private foundation focused on Education, based in SUMMIT, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 1 grants totaling $83K. Net investment income was $66K.
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 | $1,848,453 | $1,870,232 | $1,978,486 |
| Revenue | $114,977 | $92,271 | $1,206,608 |
| Expenses | $136,756 | $130,366 | $97,773 |
| Qualifying Distributions | $109,929 | $99,601 | $39,500 |
| Net Investment Income | $65,971 | $68,988 | $53,405 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include High School College Students ($82,750).
| Recipient | Purpose | Amount |
|---|---|---|
| HIGH SCHOOL COLLEGE STUDENTS SUMMIT, NJ | ACADEMIC SCHOLAR PRIV HS & COLLEGE | $82,750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT PICOZZI | PRESIDENT | 5 | — |
| MICHAEL PICOZZI | VICE-PRESIDE | 5 | — |
| NICHOLAS CANNONE | TREASURER | 10 | — |
| HUGH BLAIR | SECRETARY | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Picozzi Family Foundation Inc?
Picozzi Family Foundation Inc is a private foundation focused on Education, based in SUMMIT, NJ. It holds $1.8M in total assets as of 2024.
How large is Picozzi Family Foundation Inc?
As of 2024, Picozzi Family Foundation Inc holds $1.8M in total assets with $115K in annual revenue. It awarded 1 grants totaling $83K in 2024.
Where does Picozzi Family Foundation Inc operate?
Picozzi Family Foundation Inc has awarded grants in New Jersey.
What size grants does Picozzi Family Foundation Inc award?
In 2024, Picozzi Family Foundation Inc awarded 1 grants totaling $83K — an average of about $83K per grant, based on its IRS Form 990 filings.
What is Picozzi Family Foundation Inc's EIN?
Picozzi Family Foundation Inc's EIN (Employer Identification Number) is 26-0146422. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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