Romete Private Family Foundation
Romete Private Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 1 grants totaling $45K. Net investment income was $75K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.2M
+0.6% YoY
Annual Giving
$45K
-86.4% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$45K
-72.7% YoY
About Romete Private Family Foundation
Based on IRS filings
Romete Private Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 1 grants totaling $45K. Net investment income was $75K.
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 | $3,247,426 | $3,228,700 | $3,359,806 |
| Revenue | $94,604 | $236,948 | $293,754 |
| Expenses | $80,246 | $365,207 | $482,044 |
| Qualifying Distributions | $58,182 | $344,042 | $451,576 |
| Net Investment Income | $74,603 | $217,435 | $270,462 |
| Distributable Amount | $196,708 | $179,253 | $216,288 |
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
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL J ROMERSA | PRESIDENT | 2 | — |
| MARTIN FESTA | VICE PRESIDENT | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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