Pizzo Family Foundation Inc

BRIDGEWATER, NJ EIN: 86-1238201

Pizzo Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRIDGEWATER, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 20 grants totaling $373K. Net investment income was $254K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.8M

-4.1% YoY

Annual Giving

$373K

+99.0% YoY

Grant Count

20

+233.3% YoY

Avg Grant Size

$19K

-40.3% YoY

Under IRS private-foundation payout rules, Pizzo Family Foundation Inc reported a distributable amount of $578K for 2024 — the minimum it must pay out in qualifying distributions.

About Pizzo Family Foundation Inc

Based on IRS filings

Pizzo Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRIDGEWATER, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 20 grants totaling $373K. Net investment income was $254K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Asbury ParkBasking RidgeBedminsterBernardsvilleCoconut CreekHagerstownHollywoodJacksonvilleManasquanMendhamMorristownNew YorkNorth MiamiPt Pleasant BeachSecaucusSpring LakeStaten IslandTinton FallsToms RiverWarren

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$5M$8M$10M2021202220232024
Metric202420232022
Total Assets$9,769,017$10,182,973$10,016,738
Revenue$40,690$433,253$9,117,428
Expenses$454,646$257,018$118,958
Qualifying Distributions$379,761$193,509$106,435
Net Investment Income$254,321$179,716$59,701
Distributable Amount$578,339$515,789$119,924

Giving Over Time

Total grant dollars and number of grants per year

$0$93K$187K$280K$373K0 grants20215 grants20226 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST MARY'S ABBEY$65KVILLA WALSH ACADEMY$60KDELBARTON FUND$50KTHE RELIGIOUS TEACHERS F…$50KAMERICAN CANCER SOCIETY$20KLEUKEMIA AND LYMPHOMA SO…$15KLAUREN'S KIDS$10KOPERATION BEACHHEAD$10KHOPE THROUGH EDUCATION$10KINSPIRE WOMENS CENTER$10K

Grant Size Distribution

31 grants across all recorded years

23<$50K8$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Mary's Abbey ($65,000), Villa Walsh Academy ($60,000), Delbarton Fund ($50,000).

RecipientPurposeAmount
DELBARTON FUND MORRISTOWN, NJTO TRANSFORM THE EDUCATIONAL EXPERIENCE FOR EVERY STUDENT EVERY DAY$50,000
LAUREN'S KIDS HOLLYWOOD, FLTO EDUCATE ADULTS AND CHILDREN ABOUT SEXUAL ABUSE AND TO HELP SURVIVORS HEAL WITH GUIDANCE AND SUPPORT$10,000
OPERATION BEACHHEAD MANASQUAN, NJA NON PROFIT ORGANIZATON THAT OFFERS VETERANS, TROOPS AND DISABLED INDIVIDUALS ADAPTIVE RECREATIONAL SPORTS AND ACTIVITIES.$10,000
VILLA WALSH ACADEMY MORRISTOWN, NJTO PROMOTE CHRISTIAN EDUCATION OF YOUTH AND ADULTS.$60,000
THE RELIGIOUS TEACHERS FILIPPINI MORRISTOWN, NJTO PROMOTE CHRISTIAN EDUCATION OF YOUTH AND ADULTS.$50,000
HOPE THROUGH EDUCATION BEDMINSTER, NJPROVIDES ACADEMICALLY EXCELLENT, VALUES-BASED EDUCATION TO UNDERPRIVILEGED CHILDREN IN CENTRAL NEW JERSEY.$10,000
LIFE CAMP MORRISTOWN, NJTO PROMOTE EDUCATION AND LEARNING$5,000
INSPIRE WOMENS CENTER WARREN, NJTO SERVE WOMEN EXPERIENCING PLANNED AND UNPLANNED PREGNANCIES.$10,000
TUNNELS TO TOWER STATEN ISLAND, NYHELPING AMERICA'S HEROES BY PROVIDING MORTGAGE FREE HOMES TO GOLD STAR AND FALLEN FIRST RESPONDERS FAMILIES WITH YOUNG CHILDREN.$10,000
TRI COUNTY SCHOLARSHIP MENDHAM, NJPROVIDES OPPORTUNTITIES FOR FINANCIALLY NEEDY NJ CHILDREN BY OFFERING SCHOLARSHIPS TO BETTER, SAFER AND VALUES-BASED INDEPENDENT SCHOOLS.$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT HUTCHINSDIRECTOR1
KENNETH S PIZZO JRDIRECTOR1
MEAGHAN PIZZOEXECUTIVE DIRECTOR1
DEBORAH MARSELLATRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Pizzo Family Foundation Inc?

Pizzo Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRIDGEWATER, NJ. It holds $9.8M in total assets as of 2024.

How large is Pizzo Family Foundation Inc?

As of 2024, Pizzo Family Foundation Inc holds $9.8M in total assets with $41K in annual revenue. It awarded 20 grants totaling $373K in 2024.

Where does Pizzo Family Foundation Inc operate?

Pizzo Family Foundation Inc has awarded grants in Florida, Maryland, New Jersey, New York.

What size grants does Pizzo Family Foundation Inc award?

In 2024, Pizzo Family Foundation Inc awarded 20 grants totaling $373K — an average of about $19K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pizzo Family Foundation Inc reported a distributable amount of $578K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Pizzo Family Foundation Inc's EIN?

Pizzo Family Foundation Inc's EIN (Employer Identification Number) is 86-1238201. 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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