Renee L Galdi Memorial Scholarship
Renee L Galdi Memorial Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILLINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25K
-1.6% YoY
Annual Giving
$2K
+0.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$1K
+0.0% YoY
Under IRS private-foundation payout rules, Renee L Galdi Memorial Scholarship reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
About Renee L Galdi Memorial Scholarship
Based on IRS filings
Renee L Galdi Memorial Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILLINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $2K.
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 | $25,491 | $25,917 | $26,857 |
| Revenue | $1,981 | $1,440 | $1,469 |
| Expenses | $2,407 | $2,380 | $2,355 |
| Qualifying Distributions | $2,000 | $2,000 | $2,000 |
| Net Investment Income | $1,538 | $1,051 | $1,081 |
| Distributable Amount | $1,038 | $1,039 | $1,136 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 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 Abigail Motta ($1,000), Ubeen Hyun ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABIGAIL MOTTA MILLINGTON, NJ | scholarship | $1,000 |
| UBEEN HYUN MILLINGTON, NJ | SCHOLARSHIP | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALFRED G GALDI | President | — | — |
| ANNETTE L TRACY | Secretary | — | — |
| DAVID S GALDI | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Renee L Galdi Memorial Scholarship?
Renee L Galdi Memorial Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILLINGTON, NJ. It holds $25K in total assets as of 2024.
How large is Renee L Galdi Memorial Scholarship?
As of 2024, Renee L Galdi Memorial Scholarship holds $25K in total assets with $2K in annual revenue. It awarded 2 grants totaling $2K in 2024.
Where does Renee L Galdi Memorial Scholarship operate?
Renee L Galdi Memorial Scholarship has awarded grants in New Jersey.
What size grants does Renee L Galdi Memorial Scholarship award?
In 2024, Renee L Galdi Memorial Scholarship awarded 2 grants totaling $2K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Renee L Galdi Memorial Scholarship required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Renee L Galdi Memorial Scholarship reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Renee L Galdi Memorial Scholarship's EIN?
Renee L Galdi Memorial Scholarship's EIN (Employer Identification Number) is 22-3765150. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.