The Carol J. Adragna Family Foundation is an independent foundation based in Depew, New York. The foundation was established to honor Carol J. Adragna's memory and legacy through charitable giving, with a primary focus on supporting music education and scholarships.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.2M
+9.5% YoY
Annual Giving
$339K
-17.8% YoY
Grant Count
71
-14.5% YoY
Avg Grant Size
$5K
-3.9% YoY
Mission & Focus Areas
The foundation's mission is to honor Carol J. Adragna's memory by providing college scholarships to high school seniors involved in music. The foundation was created to support students who are college-bound for careers in music.
Carol J. Adragna was a music teacher and director who taught music education in both public and Catholic schools for thirty-four years. The foundation reflects her dedication to helping students flourish in their musical talent and endeavors.
Grantmaking
The foundation provides funding for scholarships. Recent grant activity includes:
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Geographic Focus
Where this funder awards grants
The foundation operates in New York, with a primary focus on the local Depew and Erie County area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,161,093 | $7,451,332 | $6,788,151 |
| Revenue | $179,928 | $118,633 | $134,982 |
| Expenses | $432,351 | $485,913 | $458,989 |
| Qualifying Distributions | $354,729 | $422,344 | $382,004 |
| Net Investment Income | $112,411 | $121,212 | $92,014 |
| Distributable Amount | $401,011 | $352,119 | $357,568 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's leadership team includes:
- Jeffrey Adragna - Trustee
- Lori Foster - Trustee
- David Gutowski - Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LORI FOSTER | TRUSTEE | 2 | $10,900 |
| DAVID E GUTOWSKI | TRUSTEE | 2 | $10,500 |
Contact Information
- Location: PO Box 46, Depew, NY 14043-0046
- Phone: 716-601-7793
- EIN: 27-6968082
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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