Private Foundation

THE PETER MAGNONE FOUNDATION

Based in FORT LEE, NJ, THE PETER MAGNONE FOUNDATION operates as a Private Foundation. The organization reported $551K in revenue, $66K in expenses, $1.4M in total assets for fiscal year 2025. Imperigo tracks 17 reported grants from this foundation totaling approximately $388K.

EIN: 832889496 FORT LEE, NJ Private Grantmaking Foundations NTEE: T20 Latest filing: 2025
Total Revenue$551K
Total Expenses$66K
Total Assets$1.4M
Grants Given17
Grant Total$388K
Filing Years2021–2025

Sample Grants Given

ST RITA'S ROMAN CATHOLIC CHURCH
BRONX, NY · 2025
CHARITABLE CONTRIBUTION
$55,000
YOUTH COUNCIL OF FORT LEE
FORT LEE, NJ · 2025
CONTRIBUTION TO YOUTH COUNCIL
$10,100
IK-JOONG KANG FOUNDATION INC
NEW YORK, NY · 2024
SUPPORT FOR ART PROGRAM
$100,000
ST RITA'S ROMAN CATHOLIC CHURCH
BRONX, NY · 2024
CHARITABLE CONTRIBUTION
$65,000
TATE AMERICAS FOUNDATION
NEW YORK, NY · 2024
SUPPORT FOR ART EXHIBITION
$50,000

Showing up to 5 of 17 total records — full history available with membership.

Officers & Directors

PRESIDENT Sophia Magnone

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE CONTRIBUTION
$125,000 3 grants
SUPPORT FOR ART PROGRAM
$100,000 1 grant
SUPPORT FOR ART EXHIBITION
$75,000 2 grants
CONTRIBUTION TO GOOD CAUSE
$42,000 4 grants
CONTRIBUTION TO CHURCH
$30,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $551K $66K $1.4M
2024 $309K $248K $888K
2023 $144K $4K $827K
2022 $581 $3K $687K
2021 $40K $9K $690K

Between 2021 and 2025, reported annual revenue grew from $40K to $551K (+1274%), with total assets most recently reported at $1.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CO, NJ, NM, NY.

CONJNMNY

Full geographic grant map with state-by-state breakdown available with membership.

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