The Frank J Guarini Foundation Inc

Private foundation · Grantmaker Iselin, NJ EIN: 22-3677856

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 Frank J Guarini Foundation Trust: $77KThe Frank J Guarini FoundationTrust$77KItalian Welfare League: $5KItalian Welfare League$5KVilla Walsh Academy: $5KVilla Walsh Academy$5KNational Organization of Italian American Women: $3KNational Organization ofItalian American Women$3KJersey City Medical Center: $2KJersey City Medical Center$2K

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

27<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 27 grants of 29 (93%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

Jersey CityNew YorkWeehawkenFlorence TownshipHanoverIselinWashingtonFreeholdMcLeanMorristownStaten IslandWestfield

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

$0$50K$100K$150K$200K14 grants2020 10 grants2021 5 grants2022 7 grants2023 2 grants2024 5 grants2025

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

RecipientPurposeAmount
The Frank J Guarini Foundation Trust Iselin, NJUnrestricted Donation$77,265
Italian Welfare League New York, NYUnrestricted Donation$5,000
Villa Walsh Academy Morristown, NJUnrestricted Donation$5,000
National Organization of Italian American Women New York, NYUnrestricted Donation$2,500
Jersey City Medical Center Jersey City, NJUnrestricted Donation$1,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,533,469$66,754$128,223$91,2655$91,265$29,796$225,167
2024$2,609,266$298,967$216,560$197,3362$197,336$279,743$210,205
2023$2,541,456$306,035$71,380$56,2007$56,200$290,855$219,693
2022$2,322,157$238,992$36,229$15,3605$15,360$218,123$234,637
2021$2,131,178$22,604$101,151$69,00010$69,000—$234,180
2020$2,221,753$168,452$119,351$71,40014—$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

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS September 9, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Frank J Guarini 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.

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