The Falzon Family Private is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MORRISTOWN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 4 grants totaling $63K. Net investment income was $29K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+17.3% YoY
Annual Giving
$63K
+56.3% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$16K
-21.9% YoY
Under IRS private-foundation payout rules, The Falzon Family Private reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
About The Falzon Family Private
Based on IRS filings
The Falzon Family Private is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MORRISTOWN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 4 grants totaling $63K. Net investment income was $29K.
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 | $1,126,489 | $960,165 | $800,374 |
| Revenue | $229,099 | $202,703 | $232,304 |
| Expenses | $62,775 | $42,912 | $37,631 |
| Qualifying Distributions | $62,500 | $40,000 | $35,000 |
| Net Investment Income | $28,824 | $19,791 | $29,673 |
| Distributable Amount | $48,104 | $37,765 | $31,888 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Assumption Parish ($40,000), America's Grow a Row ($10,000), Sage Eldercare ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICA'S GROW A ROW PITTSTOWN, NJ | HUNGER RELIEF | $10,000 |
| ASSUMPTION PARISH MORRISTOWN, NJ | CAPITAL CAMPAIGN | $40,000 |
| THE CHILD CENTER OF NY FOREST HILLS, NY | HOLIDAY SUPPORT | $2,500 |
| SAGE ELDERCARE SUMMIT, NJ | SUPPORT FOR ELDERS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT FALZON | TRUSTEE | — | — |
| NANCYE FALZON | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Falzon Family Private?
The Falzon Family Private is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MORRISTOWN, NJ. It holds $1.1M in total assets as of 2024.
How large is The Falzon Family Private?
As of 2024, The Falzon Family Private holds $1.1M in total assets with $229K in annual revenue. It awarded 4 grants totaling $63K in 2024.
Where does The Falzon Family Private operate?
The Falzon Family Private has awarded grants in New Jersey, New York.
What size grants does The Falzon Family Private award?
In 2024, The Falzon Family Private awarded 4 grants totaling $63K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is The Falzon Family Private required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Falzon Family Private reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Falzon Family Private's EIN?
The Falzon Family Private's EIN (Employer Identification Number) is 83-2589460. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Falzon Family Private's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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