The Frank J Guarini Foundation Inc
The Frank J Guarini Foundation Inc is a private foundation, based in Iselin, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 5 grants totaling $91K. Net investment income was $30K.
The Frank J Guarini Foundation Inc at a glance
In short: The Frank J Guarini Foundation Inc gave $91K across 5 grants in 2025 (avg $18K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $91,265
- -53.8% vs 2024
- Grants made (2025)
- 5
- +150.0% vs 2024
- Average grant
- $18,253
- -81.5% vs 2024
- Median grant
- $5,000
- Total assets
- $2,533,469
- -2.9% vs 2024
- Primary geography
- New Jersey (92% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated November 2026.
Who The Frank J Guarini Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was The Frank J Guarini Foundation Trust ($77K). Together the top 5 received $91K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 27 grants of 29 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
How The Frank J Guarini Foundation Inc gives
- Giving grew 494% from 2022 to 2025. Method
- In 2025 it paid out 41% 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 $15K (2022) to $197K (2024). In 2025 it made 5 grants totaling $91K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Frank J Guarini Foundation Trust Iselin, NJ | Unrestricted Donation | $77,265 |
| Italian Welfare League New York, NY | Unrestricted Donation | $5,000 |
| Villa Walsh Academy Morristown, NJ | Unrestricted Donation | $5,000 |
| National Organization of Italian American Women New York, NY | Unrestricted Donation | $2,500 |
| Jersey City Medical Center Jersey City, NJ | Unrestricted Donation | $1,500 |
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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 | $2,533,469 | $66,754 | $128,223 | $91,265 | 5 | $91,265 | $29,796 | $225,167 |
| 2024 | $2,609,266 | $298,967 | $216,560 | $197,336 | 2 | $197,336 | $279,743 | $210,205 |
| 2023 | $2,541,456 | $306,035 | $71,380 | $56,200 | 7 | $56,200 | $290,855 | $219,693 |
| 2022 | $2,322,157 | $238,992 | $36,229 | $15,360 | 5 | $15,360 | $218,123 | $234,637 |
| 2021 | $2,131,178 | $22,604 | $101,151 | $69,000 | 10 | $69,000 | — | $234,180 |
| 2020 | $2,221,753 | $168,452 | $119,351 | $71,400 | 14 | — | $147,351 | $229,013 |
Under IRS private-foundation payout rules, The Frank J Guarini Foundation Inc reported a distributable amount of $225K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Frank J Guarini Foundation Inc is led by Frank J Guarini, President on every filing since 2020; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Frank J Guarini
President
On filings since 2020
No compensation reported
Carol Maurer
Trustee
On filings since 2020
No compensation reported
Douglas Maurer
Trustee
On filings since 2020
No compensation reported
Mark Spedaliere
Trustee
On filings since 2020
No compensation reported
CMarie Mangin
Vice President & Assistant Secretary
On filings since 2020
No compensation reported
Frank L Fekete
Secretary & Treasurer
On filings since 2020
No compensation reported
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 Frank J Guarini Foundation Inc
How much does The Frank J Guarini Foundation Inc give each year?
The Frank J Guarini Foundation Inc gave $91K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $197K across 2 grants.
What is The Frank J Guarini Foundation Inc's typical grant size?
The Frank J Guarini Foundation Inc's median grant in 2025 was $5,000, and its average grant was $18,253, across 5 grants on its 2025 IRS Form 990-PF.
Where does The Frank J Guarini Foundation Inc give grants?
The Frank J Guarini Foundation Inc gives mostly in New Jersey: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (8%). The most frequent recipient cities were New York, NY (2 grants).
Does The Frank J Guarini Foundation Inc give general operating support?
Yes: 100% of The Frank J Guarini Foundation Inc's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Frank J Guarini Foundation Inc's largest grantees?
The Frank J Guarini Foundation Inc's largest 2025 grantees include The Frank J Guarini Foundation Trust ($77,265), Italian Welfare League ($5,000) and Villa Walsh Academy ($5,000), according to its 2025 IRS Form 990-PF. Together they received 96% of its itemized 2025 grant dollars.
How large is The Frank J Guarini Foundation Inc?
The Frank J Guarini Foundation Inc reported $2.5M in total assets on its 2025 IRS Form 990-PF. It paid out $91K in qualifying distributions that year, against a required minimum of $225K (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.
What is The Frank J Guarini Foundation Inc's EIN?
The Frank J Guarini Foundation Inc's EIN (Employer Identification Number) is 22-3677856. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated November 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS September 9, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Frank J Guarini Foundation Inc funds
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