The Codispoti Foundation Inc
The Codispoti Foundation Inc is a private foundation, based in Little Silver, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.6M in total assets. In 2025, it awarded 1 grant totaling $4K. Net investment income was $67K.
The Codispoti Foundation Inc at a glance
In short: The Codispoti Foundation Inc gave $4K across 1 grant in 2025 (avg $4K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $4,010
- Grants made (2025)
- 1
- Average grant
- $4,010
- Median grant
- $4,010
- Total assets
- $2,649,489
- -1.7% vs 2024
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Codispoti Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Mary's Place by the Sea ($4K).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How The Codispoti Foundation Inc gives
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $4K (2025) to $18K (2021). In 2025 it made 1 grant totaling $4K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mary's Place by the Sea Ocean Grove, NJ | General Fund | $4,010 |
Ready to take the next step with The Codispoti Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,649,489 | $105,206 | $151,525 | $4,010 | 1 | $113,357 | $67,038 | $120,668 |
| 2024 | $2,695,808 | $-177,844 | $126,029 | — | — | $100,308 | $54,190 | $121,134 |
| 2023 | $2,999,681 | $64,735 | $111,553 | $15,000 | 2 | $86,699 | $62,343 | $123,924 |
| 2022 | $3,046,499 | $102,779 | $97,183 | — | — | $68,592 | $74,188 | $131,844 |
| 2021 | $3,040,903 | $-2,127,712 | $549,207 | $17,500 | 5 | $348,497 | — | $199,297 |
| 2020 | $5,961,988 | $-106,470 | $550,207 | $14,000 | 7 | — | — | $283,944 |
Under IRS private-foundation payout rules, The Codispoti Foundation Inc reported a distributable amount of $121K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Codispoti Foundation Inc is led by Joyce Codispoti, President since 2025 (on filings since 2020) — the only officer listed, and uncompensated.
Officers on the 2025 filing
Joyce Codispoti
President
Trustee → President, 2025
On filings since 2020
40 hrs/week
No compensation reported
Former officers (1)
- Former: Nicholas Codispoti (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Codispoti Foundation Inc
How much does The Codispoti Foundation Inc give each year?
The Codispoti Foundation Inc gave $4K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is The Codispoti Foundation Inc?
The Codispoti Foundation Inc reported $2.6M in total assets on its 2025 IRS Form 990-PF. It paid out $113K in qualifying distributions that year, against a required minimum of $121K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Codispoti Foundation Inc operate?
The Codispoti Foundation Inc has awarded grants in District of Columbia, Florida, New Jersey, Tennessee, Virginia.
What is The Codispoti Foundation Inc's EIN?
The Codispoti Foundation Inc's EIN (Employer Identification Number) is 22-3361120. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 29, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 21, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 15, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work The Codispoti Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Codispoti Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New Jersey
Mondelez International Foundation
Chicago, IL
The Mondelēz International Foundation funds programs that promote healthy, active lifestyles for children and families, as well as disaster relief and employee programs, with community investments spanning 18 countries. Its 2024 grants ranged from $50,000 to $1,456,000, with a median of $251,000. It does not accept unsolicited funding requests and gives only to preselected organizations.
Assets
$6.1M
Grants
5
Total Given
$2.4M
The Community Foundation Inc
Richmond, VA
The Community Foundation funds health and wellness, education, economic prosperity, and community vibrancy, along with other causes through donor-advised and field-of-interest funds. In 2024, grants ranged from $5,100 to $1,795,000, with a median of $25,000; 78% of grant dollars went to Virginia recipients. The profile does not state whether it accepts unsolicited requests.
Assets
$852.4M
Grants
917
Total Given
$61.8M
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
The Watkins Family Charitable Foundation Aka
Chicago, IL
The Watkins Family Charitable Foundation supports preselected charitable organizations, with its 2024 filing reporting one general-support grant of $774,500 to a recipient listed in Illinois. It does not accept unsolicited funding requests.
Assets
$16.9M
Grants
1
Total Given
$775K
The Robert Wood Johnson Foundation
Princeton, NJ
The Robert Wood Johnson Foundation funds efforts to improve health and health equity in the United States, including systems change addressing structural barriers to health. In 2024, its grants ranged from $125 to $12.15 million, with a median of $40,000. It typically funds through targeted programs and partnerships; whether it accepts unsolicited requests is not stated.
Assets
$13.4B
Grants
3,093
Total Given
$622.6M
Community Foundation of New Jersey
Morristown, NJ
The Community Foundation of New Jersey supports a broad range of causes, including arts, education, health, human services, and the environment, through donor-directed and other charitable funds. Its 2024 itemized grants had a median of $19,759, with awards ranging widely; its current health grant opportunity serves Morris and Somerset counties. Eligible New Jersey nonprofits may apply to specific grant opportunities, subject to each opportunity’s guidelines.
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
More similar funders
More Funders in New Jersey
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Codispoti Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Codispoti Foundation Inc down — hundreds of funders to go?