The Morace Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAMSEY, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 1 grants totaling $77K. Net investment income was $40K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.4M
-3.4% YoY
Annual Giving
$77K
-27.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$77K
-27.0% YoY
About The Morace Family Foundation
Based on IRS filings
The Morace Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAMSEY, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 1 grants totaling $77K. Net investment income was $40K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,400,781 | $1,449,416 | $1,537,005 |
| Revenue | $39,917 | $38,539 | $24,037 |
| Expenses | $88,552 | $125,423 | $153,541 |
| Qualifying Distributions | $82,355 | $106,284 | $124,500 |
| Net Investment Income | $39,585 | $22,967 | — |
| Distributable Amount | $83,438 | $73,978 | $79,712 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARBARA ANN SADERMAN | DIRECTOR | — | — |
| JOHN MORACE | DIRECTOR | 5 | — |
| PHILIP M MORACE | DIRECTOR | — | — |
| CATHERINE WARNET | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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