The James & Loretta Colotto Foundation
The James & Loretta Colotto Foundation is a private foundation based in Hackensack, New Jersey. Its 2025 filing states that it distributes investment income and corpus to 501(c)(3) charitable organizations.
The James & Loretta Colotto Foundation at a glance
In short: The James & Loretta Colotto Foundation gave $287K across 42 grants in 2025 (avg $7K), top state New Jersey. 10% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $287,000
- +5.7% vs 2024
- Grants made (2025)
- 42
- +7.7% vs 2024
- Average grant
- $6,833
- -1.8% vs 2024
- Median grant
- $5,000
- Total assets
- $2,154,491
- -7.3% vs 2024
- New grantees (estimate)
- 10% first-time grantees (4 of 42, 2025)
- Primary geography
- New Jersey (43% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The James & Loretta Colotto Foundation
- Accepts unsolicited proposals
- No
- Review Cycle
- September 30; the filing’s stated deadline is a past cycle.
- Deadline
- September 30; the filing’s stated deadline is a past cycle.
- Contact
Application contact: Peter G Bowen
Mailing address: 907 Main Street, Hackensack, NJ 07601
Phone: (201) 487-3937
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The James & Loretta Colotto Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Renew International ($25K). Together the top 10 received $162K.
Grant Size Distribution
199 grants across all recorded years
The most common grant size was under $50K: 199 grants of 199 (100%).
Geographic Focus
Where this funder awards grants
In 2025, the largest shares of grant dollars went to recipients in New Jersey (43%), New York (13%), Maryland (9%), Florida (9%), and Illinois (7%).
Grant Distribution by State
Share of 2025 grant dollars across all 42 itemized grants.
States
Cities
Is The James & Loretta Colotto Foundation open to new grantees?
10%
first-time grantees, 2025
In 2025, 4 of 42 grantees (10%) were first-time recipients. First grants averaged $8K; repeat grants $7K. How we count
Medians: $3K first-time, $5K repeat.
- 90% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−2%). Method
- In 2024 it paid out 173% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $251K (2019) to $298K (2023). In 2025 it made 42 grants totaling $287K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Renew International Plainfield, NJ | General Use | $25,000 |
| Mater DEI Catholic School Ruskin, FL | General Use | $25,000 |
| Mercy Home for Boys Girls Chicago, IL | General Use | $21,500 |
| Ewuaso Kedong Catholic Church | General Use | $21,000 |
| Catholic Relief Services Baltimore, MD | General Use | $15,000 |
| Sma Fathers Tenafly, NJ | General Use | $12,000 |
| Haiti Solidarity Network of North E Jersey City, NJ | General Use | $12,000 |
| St Cecilia Roman Catholic CHRC Englewood, NJ | General Use | $10,000 |
| Mt Carmel Trenton, NJ | General Use | $10,000 |
| Villa Marie Claire Saddle River, NJ | General Use | $10,000 |
Ready to take the next step with The James & Loretta Colotto Foundation?
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 | $2,154,491 | $213,399 | $382,873 | $287,000 | 42 | $332,675 | $184,145 | — |
| 2024 | $2,324,258 | $270,702 | $366,881 | $271,500 | 39 | $317,330 | $241,300 | $183,640 |
| 2023 | $2,426,500 | $193,627 | $390,340 | $298,100 | 40 | $342,810 | $164,880 | $183,981 |
| 2022 | $2,620,081 | $304,144 | $389,152 | $292,100 | 39 | $338,905 | $273,950 | $213,471 |
| 2021 | $2,706,793 | $158,616 | $367,310 | $278,200 | 39 | $319,233 | $132,216 | $222,717 |
| 2020 | $2,910,896 | $259,955 | $360,222 | $270,400 | 35 | — | $234,755 | $212,286 |
| 2019 | $3,009,312 | $219,419 | $333,963 | $250,500 | 33 | — | $194,219 | $211,371 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s filing does not state a mission. Its 2025 grants included support for organizations in areas such as health care, education, and services for immigrant women and children. For example, Holy Redeemer Health System describes its own mission as providing care, comfort, and healing as a Catholic health system. Assumption College for Sisters says it educates women called to consecrated life and service to the Roman Catholic Church. Caroline House says it empowers low-income immigrant women and their children in the greater Bridgeport area.
Grantmaking
In 2025, the foundation reported 42 grants totaling $287,000. Grant amounts ranged from $1,000 to $25,000, with a median of $5,000. Among the largest awards were $25,000 each to Renew International and Mater Dei Catholic School; $21,500 to Mercy Home for Boys & Girls; $21,000 to Ew uas o Kedong Catholic Church; and $15,000 to Catholic Relief Services. The filing listed each of these grants for general use, with the Ew uas o Kedong Catholic Church grant shown without a purpose.
Other 2025 grants included $5,000 to Holy Redeemer Health System, $3,000 to Assumption College for Sisters, and $2,000 to Caroline House.
The foundation’s filing says it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. It lists a letter as the application material and Peter G. Bowen as the contact.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Peter G. Bowen as president, Michael Scicutella as vice president, and Michael Gilmartin as secretary.
The James & Loretta Colotto Foundation is led by Peter G. Bowen, President on every filing since 2019; all 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
Peter G. Bowen
President
On filings since 2019
3 hrs/week
$21K (2019) → $24K (2025)
Michael Scicutella
Vice President
On filings since 2019
3 hrs/week
$21K (2019) → $24K (2025)
Michael Gilmartin
Secretary
On filings since 2020
3 hrs/week
$22K (2020) → $24K (2025)
Former officers (1)
- Former: Eugene H. Gilmartin (2019) — Secretary
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $24K, to Michael Gilmartin (Secretary). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The James & Loretta Colotto Foundation
How much does The James & Loretta Colotto Foundation give each year?
The James & Loretta Colotto Foundation gave $287K across 42 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $272K across 39 grants.
What is The James & Loretta Colotto Foundation's typical grant size?
The James & Loretta Colotto Foundation's median grant in 2025 was $5,000, and its average grant was $6,833, across 42 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The James & Loretta Colotto Foundation that year got $8K on average.
Where does The James & Loretta Colotto Foundation give grants?
The James & Loretta Colotto Foundation's top state is New Jersey, with 43% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (13%) and Maryland (9%). The most frequent recipient cities were Jersey City, NJ (3 grants), Baltimore, MD (2 grants) and Trenton, NJ (2 grants).
Does The James & Loretta Colotto Foundation give general operating support?
Yes: 100% of The James & Loretta Colotto Foundation's 2025 grants with a stated purpose (42 of 42) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The James & Loretta Colotto Foundation's largest grantees?
The James & Loretta Colotto Foundation's largest 2025 grantees include Renew International ($25,000), Mater DEI Catholic School ($25,000) and Mercy Home for Boys Girls ($21,500), according to its 2025 IRS Form 990-PF. Together they received 25% of its itemized 2025 grant dollars.
How large is The James & Loretta Colotto Foundation?
The James & Loretta Colotto Foundation reported $2.2M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $213K.
What does The James & Loretta Colotto Foundation fund?
The foundation’s filing does not state a mission. Its 2025 grants included support for organizations in areas such as health care, education, and services for immigrant women and children. See mission & focus areas ↑
How do I apply for a grant from The James & Loretta Colotto Foundation?
The James & Loretta Colotto Foundation does not accept unsolicited proposals, according to Grantable's research on its published guidelines.
What is The James & Loretta Colotto Foundation's EIN?
The James & Loretta Colotto Foundation's EIN (Employer Identification Number) is 22-3769926. IRS Form 990 filing data is available on this page for 2019–2025.
Does The James & Loretta Colotto Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 15, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 21, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The James & Loretta Colotto Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/the-james-and-loretta-colotto-foundation-morg_60a3a8ad618b4075b08f7af4609c9633
BibTeX
@misc{grantable_223769926_2026,
author = {{Grantable}},
title = {{The James \& Loretta Colotto Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-james-and-loretta-colotto-foundation-morg_60a3a8ad618b4075b08f7af4609c9633},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The James & Loretta Colotto Foundation'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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