The Vincent Cestone Foundation Inc

Private foundation · Grantmaker West Palm Beach, FL EIN: 22-3624581

The Vincent Cestone Foundation Inc is a private foundation, based in West Palm Beach, FL. IRS filing data is available from 2019 through 2025. In 2025, it awarded 6 grants totaling $1.8M. Net investment income was $54K.

The Vincent Cestone Foundation Inc at a glance

In short: The Vincent Cestone Foundation Inc gave $1.8M across 6 grants in 2025 (avg $305K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$1,832,694
Grants made (2025)
6
Average grant
$305,449
Median grant
$276,160
Primary geography
New Jersey (71% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Vincent Cestone Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

The VC Foundation Inc: $705KThe VC Foundation Inc$705KBlue Skies Foundation Inc: $529KBlue Skies Foundation Inc$529KThe Vincent Cestone II Foundatio: $529KThe Vincent Cestone IIFoundatio$529KFairleigh Dickenson University: $23KFairleigh Dickenson University$23KSeton Hall University: $23KSeton Hall University$23KStevens Institute of Technology: $23KStevens Institute ofTechnology$23K

The largest 2025 recipient was The VC Foundation Inc ($705K). Together the top 6 received $1.8M.

Grant Size Distribution

24 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K3$500K–1M$1–5M$5M+

The most common grant size was under $50K: 21 grants of 24 (88%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

Florham ParkHobokenSouth OrangeMillburnMorristownMontclairWest OrangeWest Palm BeachDenville

How The Vincent Cestone Foundation Inc gives

  • Giving grew 1645% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). 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$500K$1M$1.5M$2M6 grants2019 7 grants2020 7 grants2021 6 grants2022 5 grants2023 0 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $75K (2019) to $1.8M (2025). In 2025 it made 6 grants totaling $1.8M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The VC Foundation Inc West Orange, NJScholarship$704,722
Blue Skies Foundation Inc West Orange, NJScholarship$528,987
The Vincent Cestone II Foundatio West Palm Beach, FLScholarship$528,986
Fairleigh Dickenson University Florham Park, NJScholarship$23,333
Seton Hall University South Orange, NJScholarship$23,333
Stevens Institute of Technology Hoboken, NJScholarship$23,333
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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—$76,216$1,872,071$1,832,6946$1,832,694$53,662$84,804
2024$1,798,855$836,250$34,261———$816,688$73,471
2023$996,866$145,222$144,933$105,0005$105,000$124,764$78,045
2022$996,577$83,268$137,626$105,0006$105,000$70,916$82,708
2021$1,050,935$161,733$147,210$110,0007$110,000$143,764$91,128
2020$1,036,412$89,908$141,902$110,0007—$74,215$75,844
2019$1,088,406$92,499$107,222$75,0006—$76,679$2,062

Under IRS private-foundation payout rules, The Vincent Cestone Foundation Inc reported a distributable amount of $85K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Vincent Cestone Foundation Inc is led by Jaqueline A. Cestone, President & Director on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jaqueline A. Cestone

    President & Director

    On filings since 2019

    5 hrs/week

    $12K (2019) → $0 (2025)

  • Ralph Cestone

    V.p. & Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Vincent Cestone II

    V.p. & Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Michele Agnes Cestone

    V.p. & Director

    On filings since 2023

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Michele Agnes Cestone Fusco (2019–2022) — V.p. & Director

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 2024 IRS filing

Jaqueline a Cestone — President and Director: $7KJaqueline a CestonePresident and Director$7K

The highest reported compensation on the 2024 filing was $7K, to Jaqueline a Cestone (President and Director).

Frequently asked questions about The Vincent Cestone Foundation Inc

How much does The Vincent Cestone Foundation Inc give each year?

The Vincent Cestone Foundation Inc gave $1.8M across 6 grants in 2025, according to its 2025 IRS Form 990-PF.

What is The Vincent Cestone Foundation Inc's typical grant size?

The Vincent Cestone Foundation Inc's median grant in 2025 was $276,160, and its average grant was $305,449, across 6 grants on its 2025 IRS Form 990-PF.

Where does The Vincent Cestone Foundation Inc give grants?

The Vincent Cestone Foundation Inc gives mostly in New Jersey: 71% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (29%). The most frequent recipient cities were West Orange, NJ (2 grants).

Does The Vincent Cestone Foundation Inc give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on The Vincent Cestone Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (6 grants).

Who are The Vincent Cestone Foundation Inc's largest grantees?

The Vincent Cestone Foundation Inc's largest 2025 grantees include The VC Foundation Inc ($704,722), Blue Skies Foundation Inc ($528,987) and The Vincent Cestone II Foundatio ($528,986), according to its 2025 IRS Form 990-PF. Together they received 96% of its itemized 2025 grant dollars.

How much is The Vincent Cestone Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Vincent Cestone Foundation Inc reported a distributable amount of $85K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Vincent Cestone Foundation Inc's EIN?

The Vincent Cestone Foundation Inc's EIN (Employer Identification Number) is 22-3624581. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 14, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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Figures come from The Vincent Cestone 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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