Overview
The Five Below Foundation, based in Philadelphia, PA, is a philanthropic organization with assets totaling $3,260,642. In the most recent fiscal year, the foundation reported expenses of $537,065 and revenue of $1,259,932. The foundation supports a variety of cities across the United States, including major urban centers like Atlanta, Boston, Chicago, and Los Angeles, as well as smaller communities. It operates in several states, including California, Florida, Georgia, Illinois, and Pennsylvania. The foundation's leadership team includes Carmelo Jalosjos as Vice President & Treasurer, Ron Masciantonio as President, and several directors, all of whom work on a voluntary basis without compensation. The foundation does not specify particular subject areas for its funding, indicating a potentially broad philanthropic focus.
Focus areas
Geographic focus
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Financials
in 2024, compared to $2,539,035 in 2023
26 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $260,000 | READING PARTNERS | GENERAL SUPPORT | 180 GRAND AVE 800 OAKLAND, CA US | 2023 |
| $100,000 | READING PARTNERS | GENERAL SUPPORT | 180 GRAND AVE 800 OAKLAND, CA US | 2022 |
| $75,000 | THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION | GENERAL SUPPORT | 3401 CIVIC CENTER BOULEVARD PHILADELPHIA, PA US | 2024 |
| $60,000 | OPERATION WARM | GENERAL SUPPORT | 525 FELLOWSHIP ROAD SUITE 330 MOUNT LAUREL, NJ US | 2024 |
| $50,000 | TREVOR PROJECT | GENERAL SUPPORT | PO BOX 69232 WEST HOLLYWOOD, CA US | 2023 |
| $50,000 | CRADLES AND CRAYONS | GENERAL SUPPORT | PO BOX 411134 BOSTON, MA US | 2023 |
| $30,000 | BOYS AND GIRLS CLUB OF AMERICA | GENERAL SUPPORT | 1275 PEACHTREE STREET NE ATLANTA, GA US | 2023 |
| $30,000 | GIRLS ON THE RUN | GENERAL SUPPORT | PO BOX 30667 PMB 65493 CHARLOTTE, NC US | 2023 |
| $30,000 | GIRLS ON THE RUN | GENERAL SUPPORT | PO BOX 30667 PMB 65493 CHARLOTTE, NC US | 2024 |
| $30,000 | PLEASE TOUCH MUSEUM | GENERAL SUPPORT | 4231 AVENUE OF THE REPUBLIC PHILADELPHIA, PA US | 2024 |
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People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
JW
JUDY WERTHAUSER
| PRESIDENT | $0 | 2022 |
AB
AARON BOOKMAN
| VICE PRESIDENT & TREASURER | $0 | 2022 |
RM
RON MASCIANTONIO
| VICE PRESIDENT & SECRETARY | $0 | 2022 |
SKA
SARAH KS AUERBACH
| ASSISTANT SECRETARY | $0 | 2022 |
JDA
JOEL D ANDERSON
| PRESIDENT & DIRECTOR | $0 | 2022 |
MFR
MICHAEL F ROMANKO
| VICE PRESIDENT & DIRECTOR | $0 | 2022 |
KT
KRISCHELLE TENNESSEN
| DIRECTOR | $0 | 2022 |
JW
JUDY WERTHAUSER
| PRESIDENT | $0 | 2023 |
CJ
CARMELO JALOSJOS
| VICE PRESIDENT & TREASURER | $0 | 2023 |
RM
RON MASCIANTONIO
| VICE PRESIDENT & SECRETARY | $0 | 2023 |
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025