The Citta Foundation Inc logo

The Citta Foundation Inc

TOMS RIVER, NJ EIN: 59-2635738 Website

The Citta Foundation is a private foundation established in 1986 in Florida and currently based in Toms River, New Jersey. It operates as a 501(c)(3) organization dedicated to uplifting and supporting the local community through annual donations to charitable and educational organizations. The foundation was founded by Joseph and Regina Citta and continues to honor their legacy through strategic philanthropic efforts.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.8M

+15.0% YoY

Annual Giving

$517K

+33.6% YoY

Grant Count

59

+1.7% YoY

Avg Grant Size

$9K

+31.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to uplift and support the local community through annual donations to charitable and educational organizations, with a particular emphasis on the needs of Ocean County, New Jersey.

The foundation supports a diverse range of charitable and educational causes, including:

  • Youth development organizations (Boy Scouts of America, Girl Scouts of the Jersey Shore)
  • Food security and hunger relief (Fulfill, Hunger Foundation of Southern Ocean, Meals on Wheels of Ocean County)
  • Housing and community development (Habitat for Humanity, home repair initiatives)
  • Healthcare and wellness (Community Medical Center, Hope Sheds Light)
  • Social services (Salvation Army, Family Promise of Southern Ocean, Ocean's Harbor House)
  • Education (Ocean County College Foundation)
  • Youth mentorship (Just Believe, Inc.)
  • Community wellness (YMCA)

Grantmaking

The foundation made 47 grants in 2023, with total giving of $386,550. Recent notable grants include:

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Geographic Focus

Where this funder awards grants

The foundation's primary geographic focus is Ocean County, New Jersey, where it concentrates its philanthropic efforts to support local organizations and community needs.

Grant Distribution by State

4states

Cities

AdelphiaAsbury ParkBarnegatBayvilleBellows FallBellows FallsClarkClintonCoconut CreekFairfieldForked RiverFreeholdGallowayGlen MillsHarrisburgIsland HeightsJacksonLakewoodLanoka HarborManahawken

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending December 31, 2023:

  • Total Assets: $8,496,669
  • Total Revenue: $471,426
  • Total Expenses: $474,107
  • Total Grants Made: $386,550
  • Net Income: -$2

Revenue Breakdown (2023):

  • Grants, contributions, etc.: $182,152
  • Investment income and dividends: $142,438
  • Net rental income: $18,794
  • Net gain from sale of non-inventory assets: $95,265

Year-over-Year Changes (2023 vs. 2022):

  • Total grants and contributions decreased 24.3%
  • Investment income and dividends increased 20%
  • Net rental income increased 32.6%
  • Net gain from sale of non-inventory assets increased 185.5%

The foundation has zero liabilities and operates with no employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$281K$562K$844K$1M20202021202220232024
Metric202420232022
Total Assets$9,769,865$8,496,669$7,278,977
Revenue$454,900$471,426$439,987
Expenses$1,022,582$474,107$562,242
Qualifying Distributions$516,500$386,550$474,713
Net Investment Income$150,825$201,717$109,685
Distributable Amount$468,289$346,673$377,807

Giving Over Time

Total grant dollars and number of grants per year

$0$129K$258K$387K$517K47 grants202055 grants202156 grants202258 grants202359 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

OC COLLEGE FOUNDATION$100KOCEAN'S HARBOR HOUSE$40KFULFILL$35KCOMMUNITY MEDICAL CENTER…$33KCOMMUNITY FOUNDATION OF NJ$25KNORTHERN OCEAN HABITAT F…$25KSALVATION ARMY$25KJUST BELIEVE INC$20KFAMILY PROMISE OF SOUTHE…$15KJERSEY SHORE COUNCIL BOY…$12K

Grant Size Distribution

247 grants across all recorded years

241<$50K1$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by family members of the founders:

  • Kristin Farfalla – President (granddaughter of founders)
  • Loriann Erbe – Vice President (granddaughter of founders)
  • Heather Moffitt – Treasurer (granddaughter of founders)
  • Marie Roselli – Secretary
  • Cheryl Zahn – Administrator
  • Joseph A. Citta, Jr. – Trustee (son of founders)
  • Justin Citta – Trustee (grandson of founders)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KRISTIN FARFALLAPRESIDENT
JOSEPH A CITTA JRTRUSTEE
MARIE ROSELLISECRETARY-TR
LORIANN ERBEVICE PRESIDE
HEATHER MOFFITTVICE PRESIDE
CHERYL ZAHNADMINISTRATO
JUSTIN CITTATRUSTEE

Recent News & Activity

Recent developments and announcements

The Citta Foundation has demonstrated significant philanthropic activity in recent years:

Citta Foundation Donates $500K To OCC

Donated $500,000 to the Ocean County College Foundation

Ocean County College Foundation Receives $500K Donation from Citta Foundation

Awarded $600,000 to the Shore Area Boy Scouts Organization

Citta Foundation Awards $600K to Shore Area Boy Scouts Organization

Pledged $75,000 in collaboration with Causeway CARes, Habitat for Humanity, and Starve Poverty for home repairs across Ocean County

Ocean County College Foundation Receives $500K Donation from Citta Foundation

Hosts annual coat drives for children in need in partnership with local organizations including Causeway CARes and OceanFirst Bank

Contact Information

Address: 201 Hooper Avenue, Suite 5A, Toms River, NJ 08753

Telephone: 732-349-0200

EIN: 59-2635738

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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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