R&r Family Foundation Inc is a private foundation focused on Education, based in LEDGEWOOD, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 6 grants totaling $236K. Net investment income was $335K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+17.6% YoY
Annual Giving
$236K
+44.5% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$39K
-3.7% YoY
Under IRS private-foundation payout rules, R&r Family Foundation Inc reported a distributable amount of $100K for 2024 — the minimum it must pay out in qualifying distributions.
About R&r Family Foundation Inc
Based on IRS filings
R&r Family Foundation Inc is a private foundation focused on Education, based in LEDGEWOOD, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 6 grants totaling $236K. Net investment income was $335K.
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 | $2,291,628 | $1,948,771 | $2,061,872 |
| Revenue | $234,914 | $118,221 | $318,110 |
| Expenses | $250,411 | $176,178 | $323,504 |
| Qualifying Distributions | $241,822 | $167,174 | $308,500 |
| Net Investment Income | $335,394 | $43,983 | $230,954 |
| Distributable Amount | $99,914 | $95,185 | $110,958 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Scarc ($120,000), The Growing Stage ($40,000), Pope John High School ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SCARC AUGUSTA, NJ | SUPPORT OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES | $120,000 |
| NEWTON MEDICAL CENTER FOUNDATION NEWTON, NJ | MEDICAL AND RESEARCH ASSISTANCE | $17,500 |
| BLAIR ACADEMY BLAIRSTOWN, NJ | GENERAL CHARITABLE | $18,000 |
| POPE JOHN HIGH SCHOOL SPARTA, NJ | SUPPORT OF EDUCATION | $25,000 |
| THE GROWING STAGE NEWTON, NJ | SUPPORTING THEATER FOR CHILDREN IN NJ | $40,000 |
| UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PA | EDUCATION | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHRYN P ROMANO | SECRETARY/TRUSTEE | 0.5 | — |
| DOMINICK J ROMANO | CO-PRESIDENT/TRUSTEE | 0.5 | — |
| DAVID P ROMANO | CO-PRESIDENT/TRUSTEE | 0.5 | — |
| NINA A ROMANO | VICE PRESIDENT/TRUSTEE | 0.5 | — |
| JOE CAVALERI | TREASURER/TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is R&r Family Foundation Inc?
R&r Family Foundation Inc is a private foundation focused on Education, based in LEDGEWOOD, NJ. It holds $2.3M in total assets as of 2024.
How large is R&r Family Foundation Inc?
As of 2024, R&r Family Foundation Inc holds $2.3M in total assets with $235K in annual revenue. It awarded 6 grants totaling $236K in 2024.
Where does R&r Family Foundation Inc operate?
R&r Family Foundation Inc has awarded grants in New Jersey, Pennsylvania.
What size grants does R&r Family Foundation Inc award?
In 2024, R&r Family Foundation Inc awarded 6 grants totaling $236K — an average of about $39K per grant, based on its IRS Form 990 filings.
How much is R&r Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, R&r Family Foundation Inc reported a distributable amount of $100K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is R&r Family Foundation Inc's EIN?
R&r Family Foundation Inc's EIN (Employer Identification Number) is 32-0217970. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in R&r Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.