The Cestone Family Foundation Inc
The Cestone Family Foundation Inc is a private foundation established in 1997 and based in Pennington, New Jersey. The foundation operates as a family foundation with a focus on philanthropic giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.1M
-0.9% YoY
Annual Giving
$706K
+30.6% YoY
Grant Count
19
-17.4% YoY
Avg Grant Size
$37K
+58.1% YoY
Mission & Focus Areas
The foundation supports arts, education, health, religion, and social services on the East Coast of the United States.
Grantmaking
The foundation is an active grantmaker with recent grants including:
Ready to take the next step with The Cestone Family Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation prioritizes funding on the East Coast of the United States, with a particular presence in New Jersey and New York based on recent grant activity.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $8,070,304
- Total revenues: $776,237
- Total expenses: $849,430
- Number of employees: 1
As of 2023:
- Total assets: $8,143,497
- Total giving: $540,500
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,070,304 | $8,143,497 | $8,660,977 |
| Revenue | $776,237 | $190,689 | $641,194 |
| Expenses | $849,430 | $709,742 | $674,743 |
| Qualifying Distributions | $788,850 | $654,271 | $609,513 |
| Net Investment Income | $671,913 | $154,410 | $535,938 |
| Distributable Amount | $507,109 | $450,115 | $461,151 |
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
145 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
Michele Cestone serves as President of the foundation with an annual compensation of $75,000.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARIA A CESTONE | PRESIDENT/DIRECTOR | 1 | — |
| MICHELE J CESTONE | TREASURER/DIRECTOR | 35 | $75,000 |
Contact Information
The foundation can be reached through Bank of America Private Bank at:
- PO Box 1517, Pennington, NJ 08534-0681
- Telephone: 646-855-1011
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Stephen J Machuta Scholarship Trust
PENNINGTON, NJ
Assets
$1.9M
Grants
1
Total Given
$70K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Cestone Family Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities