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Filing year 2024

FLORENCE & PAUL DEROSA MEMORIAL FUND FOR THE ARTS INC

Tenafly, New Jersey·EIN 22-3113270·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$338k
Total assets
$3.2M
Total expenses
$461k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. FLORENCE & PAUL DEROSA MEMORIAL FUND FOR THE ARTS INC reported 1 unpaid officer or board member on its 990-PF.

Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$404k

Itemized grants

9

Median grant

$37k

RecipientLocationPurposeAmount
NEWARK ACADEMYLIVINGSTON, NJAN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE$73k
SADDLE RIVER DAY SCHOOLSADDLE RIVER, NJAN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE$73k
THE CHAPIN SCHOOLNEW YORK, NYAN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE$73k
NIGHTINGALE BAMFORD SCHOOLNEW YORK, NYAN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE$37k
THE MORRISTOWN BEARD SCHOOLMORRISTOWN, NJAN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE$37k
THE SPENCE SCHOOLNEW YORK, NYAN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE$37k
THE WARDLAW HARTRDIGE SCHOOLEDISON, NJAN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE$37k
FAR BROOK SCHOOLSHORT HILLS, NJAN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE$25k
THE JUILLIARD SCHOOLNEW YORK, NYAN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE$12k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

FLORENCE & PAUL DEROSA MEMORIAL FUND FOR THE ARTS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$343k
$428k
2023
$338k
$461k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

FLORENCE & PAUL DEROSA MEMORIAL FUND FOR THE ARTS INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about FLORENCE & PAUL DEROSA MEMORIAL FUND FOR THE ARTS INC

What are FLORENCE & PAUL DEROSA MEMORIAL FUND FOR THE ARTS INC's revenue and expenses?

In 2024, FLORENCE & PAUL DEROSA MEMORIAL FUND FOR THE ARTS INC reported $338k in total revenue and $461k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.