The Joseph Mazzarella & Grace Mazzarella Educational Foundation Trust

BRICK, NJ EIN: 22-3696654

The Joseph Mazzarella & Grace Mazzarella Educational Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRICK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 10 grants totaling $283K. Net investment income was $295K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.3M

+174.8% YoY

Annual Giving

$283K

-37.6% YoY

Grant Count

10

+0.0% YoY

Avg Grant Size

$28K

-37.6% YoY

About The Joseph Mazzarella & Grace Mazzarella Educational Foundation Trust

Based on IRS filings

The Joseph Mazzarella & Grace Mazzarella Educational Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRICK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 10 grants totaling $283K. Net investment income was $295K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BayvilleBelmarBrickManasquanPoint PleasantPoint Pleasant BeachToms River

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$134K$269K$403K$538K20202021202220232024
Metric202420232022
Total Assets$6,312,878$2,297,521$2,499,622
Revenue$241,135$271,717$315,533
Expenses$384,591$488,702$395,816
Qualifying Distributions$282,500$452,500$375,116
Net Investment Income$295,270$250,041$142,305
Distributable Amount$233,387$122,336$140,514

Giving Over Time

Total grant dollars and number of grants per year

$0$113K$226K$339K$453K10 grants20209 grants202111 grants202210 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

TOMS RIVER REGIONAL SCHO…$75KPOINT BORO HIGH SCHOOL$25KPT PLEASANT BD OF ED$25KBRICK MEMORIAL HIGH SCHOOL$25KBRICK HIGH SCHOOL$25KDONOVAN CATHOLIC$25KCENTRAL REGIONAL$25KMANASQUAN HIGH SCHOOL$25KST ROSE$25KINDIVIDUAL SCHOLARSHIPS$8K

Grant Size Distribution

50 grants across all recorded years

43<$50K6$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DR MICHAEL LEPISTRUSTEE$8KMARI ANN PEPETRUSTEE$8KJOANN M GORDONTRUSTEE$5K

From 2024 filing

NameTitleHoursCompensation
JOANN M GORDONTRUSTEE1$5,000
DR MICHAEL LEPISTRUSTEE1$7,800
MARI ANN PEPETRUSTEE5$7,800

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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