Ray & Elsie Catena Family Foundation Inc
Ray & Elsie Catena Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EDISON, NJ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $20.3M in total assets. In 2024, it awarded 9 grants totaling $591K. Net investment income was $912K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.3M
+1.6% YoY
Annual Giving
$591K
Grant Count
9
Avg Grant Size
$66K
Under IRS private-foundation payout rules, Ray & Elsie Catena Family Foundation Inc reported a distributable amount of $995K for 2024 — the minimum it must pay out in qualifying distributions.
About Ray & Elsie Catena Family Foundation Inc
Based on IRS filings
Ray & Elsie Catena Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EDISON, NJ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $20.3M in total assets. In 2024, it awarded 9 grants totaling $591K. Net investment income was $912K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $20,321,139 | $20,000,000 |
| Revenue | $922,072 | $20,000,000 |
| Expenses | $600,933 | — |
| Qualifying Distributions | $591,000 | — |
| Net Investment Income | $912,139 | — |
| Distributable Amount | $994,868 | $71,581 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Riverview Medical Center Foundation ($250,000), The Boomer Esiason Foundation ($115,000), Salesian Sisters of Saint John Bosco ($78,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RIVERVIEW MEDICAL CENTER FOUNDATION Edison, NJ | General program support | $250,000 |
| THE BOOMER ESIASON FOUNDATION Bethesda, MD | General program support | $115,000 |
| SALESIAN SISTERS OF SAINT JOHN BOSCO NORTH HALEDON, NJ | General program support | $78,000 |
| MONMOUTH CONSERVATION FOUNDATION Middletown, NJ | General program support | $57,000 |
| ALL SAINTS MEMORIAL CHURCH Providence, RI | General program support | $50,000 |
| Hackensack Meridian Health Medical Center Edison, NJ | General program support for the JOHN K. LLOYD NURSING scholarship | $20,000 |
| Pirrello Family Foundation 501c3 Corp Manahawkin, NJ | General program support - cancer fundraiser | $10,000 |
| SAFE WAY OUT Mount Laurel, NJ | General program support | $10,000 |
| LUNCH BREAK INC Red Bank, NJ | General program support | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAYMOND CATENA | PRESIDENT, TRUSTEE | 1 | — |
| ELSIE CATENA | VP, SEC, TRUSTEE | 1 | — |
| SANDRA CATENA BUCHANAN | TREASURER, TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ray & Elsie Catena Family Foundation Inc?
Ray & Elsie Catena Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EDISON, NJ. It holds $20.3M in total assets as of 2024.
How large is Ray & Elsie Catena Family Foundation Inc?
As of 2024, Ray & Elsie Catena Family Foundation Inc holds $20.3M in total assets with $922K in annual revenue. It awarded 9 grants totaling $591K in 2024.
Where does Ray & Elsie Catena Family Foundation Inc operate?
Ray & Elsie Catena Family Foundation Inc has awarded grants in Maryland, New Jersey, Rhode Island.
What size grants does Ray & Elsie Catena Family Foundation Inc award?
In 2024, Ray & Elsie Catena Family Foundation Inc awarded 9 grants totaling $591K — an average of about $66K per grant, based on its IRS Form 990 filings.
How much is Ray & Elsie Catena Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ray & Elsie Catena Family Foundation Inc reported a distributable amount of $995K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ray & Elsie Catena Family Foundation Inc's EIN?
Ray & Elsie Catena Family Foundation Inc's EIN (Employer Identification Number) is 93-4436103. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Ray & Elsie Catena 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.
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