Thomas V Guarino Family Foundation

Private foundation · Grantmaker Longboat Key, FL EIN: 06-1617207

The Thomas V Guarino Family Foundation is a private foundation based in Longboat Key, Florida. Its 2025 filing lists grants to organizations including scholarship, university, arts, library, health, and community organizations.

Key facts about Thomas V Guarino Family Foundation

In short: Thomas V Guarino Family Foundation gave $71K across 51 grants in 2025 (avg $1K), mostly in New York. 25% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
06-1617207
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$71,196
Grants made (2025)
51
Average grant
$1,396
Median grant
$100
New grantees (estimate)
25% first-time grantees (13 of 51, 2025)
Total assets
$674,732
Primary geography
New York (72% of itemized 2025 grant dollars)
How to apply
The foundation does not restrict giving to preselected organizations. Full details ↓
Deadline
May 1.

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$675K

+1.2% YoY

Annual Giving

$71K

+18.8% YoY

Grant Count

51

+6.3% YoY

Avg Grant Size

$1K

+11.8% YoY

Under IRS private-foundation payout rules, Thomas V Guarino Family Foundation reported a distributable amount of $87K for 2025 — the minimum it must pay out in qualifying distributions.

Is Thomas V Guarino Family Foundation open to new grantees?

25%

first-time grantees, 2025

In 2025, 13 of 51 grantees (25%) were first-time recipients. First grants averaged $1K; repeat grants $1K. How we count

Medians: $100 first-time, $100 repeat.

  • 69% of 2025 grantees were also funded in 2024. Method
  • Giving grew 110% from 2022 to 2025. Method
  • In 2025 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants went to organizations with varied purposes. For example, Bethel Woods Center for the Arts describes its purpose as inspiring, educating, and empowering people through the arts and humanities; Houghton University describes its mission as providing a Christ-centered liberal arts and sciences education; and the Trevor Loughlin Foundation says it supports organizations working on cancer research or assistance to people facing serious diseases. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

The foundation made 51 grants totaling $71,196 in 2025. Individual grants ranged from $20 to $20,000, with a median of $100. Its largest listed awards were $20,000 to Goshen Rotary Scholarship, $12,000 to SUNY Cortland, $10,000 to The Library Foundation of Sarasota County, and $6,500 to Garnett Health Foundation. Other listed awards included $3,500 to Clarkson University, $2,500 to the University of Miami, and $2,200 to Bethel Woods Center for the Arts.

Review Cycle

May 1.

How to Apply

The foundation does not restrict giving to preselected organizations. Its filing lists a written application and essay; contact Thomas V Guarino. Restrictions on awards are listed as N/A.

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Geographic Focus

Where this funder awards grants

In 2025, 72% of grant dollars went to recipients in New York and 23% to recipients in Florida. The remaining shares were Massachusetts (3%), Illinois (1%), and the District of Columbia (0%).

Grant Distribution by State

16states

Share of 2025 grant dollars across all 51 itemized grants.

Cities

GoshenNew YorkWashingtonMiddletownSarasotaOklahoma CityChicagoCortlandBooneEvanstonFt LauderdaleHawleyLibertyMemphisNewburghRock HillTallahasseeTriangleBinghamtonPotsdam

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K28 grants2019 31 grants2020 33 grants2021 39 grants2022 42 grants2023 48 grants2024 51 grants2025

From 2019 to 2025, annual grant giving ranged from $20K (2019) to $71K (2025). In 2025 it made 51 grants totaling $71K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Goshen Rotary Scholarship: $20KGoshen Rotary Scholarship$20KSUNY Cortland: $12KSUNY Cortland$12KThe Library Foundation of Sarasota County: $10KThe Library Foundation ofSarasota County$10KGarnett Health Foundation: $7KGarnett Health Foundation$7KClarkson University: $4KClarkson University$4KUniversity of Miami: $3KUniversity of Miami$3KBethel Woods Center for the Arts: $2KBethel Woods Center for theArts$2KBoston University: $2KBoston University$2KHoughton University: $2KHoughton University$2KTown of Longboat Key: $2KTown of Longboat Key$2K

The largest 2025 recipient was Goshen Rotary Scholarship ($20K). Together the top 10 received $63K.

Grant Size Distribution

213 grants across all recorded years

213<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 213 grants of 213 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Goshen Rotary Scholarship Goshen, NYCharitable Support$20,000
SUNY Cortland Cortland, NYCharitable Support$12,000
The Library Foundation of Sarasota County Sarasota, FLCharitable Support$10,000
Garnett Health Foundation Middletown, NYCharitable Support$6,500
Clarkson University Potsdam, NYCharitable Support$3,500
University of Miami Coral Gables, FLCharitable Support$2,500
Bethel Woods Center for the Arts Liberty, NYCharitable Support$2,200
Boston University Boston, MACharitable Support$2,000
Houghton University Houghton, NYCharitable Support$2,000
Town of Longboat Key Longboat Key, FLCharitable Support$2,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Number of grants
2025 $71,196 51
2024 $59,917 48
2023 $55,618 42
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$674,732$666,794$595,366
Revenue$143,724$162,947$22,501
Expenses$75,422$62,611$57,448
Qualifying Distributions$73,523$61,830$56,968
Net Investment Income$38,268$39,612$32,141
Distributable Amount$87,285$75,876$58,463

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 29, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS May 22, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 1, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Thomas V Guarino as president, Gail Guarino as vice-president, Sandy Guarino as treasurer, John Michael Guarino as assistant treasurer, and Mary Jo Guarino as secretary.

Thomas V Guarino Family Foundation is led by Thomas V. Guarino, President on every filing since 2019; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Thomas V. Guarino

    President

    On filings since 2019

    No compensation reported

  • Gail Guarino

    Vice President

    On filings since 2019

    No compensation reported

  • John Michael Guarino

    Assistant Treasurer

    Assistant Tr → Assistant Treasurer, 2025

    On filings since 2019

    No compensation reported

  • Mary Jo Guarino

    Secretary

    On filings since 2019

    No compensation reported

  • Sandy Guarino

    Treasurer

    On filings since 2019

    No compensation reported

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.

Contact

Application contact: Thomas V Guarino
Mailing address: 603 Longboat Club Road Apt 601N, Longboat Key, FL 34228
Phone: (845) 294-6127
Email: tguarino@hvc.rr.com

Frequently asked questions about Thomas V Guarino Family Foundation

How much does Thomas V Guarino Family Foundation give each year?

Thomas V Guarino Family Foundation gave $71K across 51 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $60K across 48 grants.

What is Thomas V Guarino Family Foundation's typical grant size?

Thomas V Guarino Family Foundation's median grant in 2025 was $100, and its average grant was $1,396, across 51 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Thomas V Guarino Family Foundation that year got $1K on average.

Where does Thomas V Guarino Family Foundation give grants?

Thomas V Guarino Family Foundation gives mostly in New York: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (23%). The most frequent recipient cities were Goshen, NY (6 grants), New York, NY (6 grants), Sarasota, FL (4 grants) and Washington, DC (4 grants).

Does Thomas V Guarino Family Foundation give general operating support?

Not in 2025: none of the 51 grants with a stated purpose on Thomas V Guarino Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Support" (51 grants).

Who are Thomas V Guarino Family Foundation's largest grantees?

Thomas V Guarino Family Foundation's largest 2025 grantees include Goshen Rotary Scholarship ($20,000), SUNY Cortland ($12,000) and The Library Foundation of Sarasota County ($10,000), according to its 2025 IRS Form 990-PF. Together they received 59% of its itemized 2025 grant dollars.

How large is Thomas V Guarino Family Foundation?

Thomas V Guarino Family Foundation reported $675K in total assets on its 2025 IRS Form 990-PF. It paid out $74K in qualifying distributions that year, against a required minimum of $87K (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 does Thomas V Guarino Family Foundation fund?

No mission statement for the foundation is provided. Its 2025 grants went to organizations with varied purposes. See mission & focus areas ↑

How do I apply for a grant from Thomas V Guarino Family Foundation?

The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Thomas V Guarino Family Foundation's EIN?

Thomas V Guarino Family Foundation's EIN (Employer Identification Number) is 06-1617207. 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. Research dossier generated September 2026.

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