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A J & Sigismunda Palumbo Charitable Trust 35008-5 is a private trust based in CRANBERRY TOWNSHIP, PA. The foundation received its IRS ruling in 1974. It holds total assets of $52.3M. Annual income is reported at $16.8M. According to available records, A J & Sigismunda Palumbo Charitable Trust 35008-5 has made 253 grants totaling $7.8M, with a median grant of $20K. Annual giving has grown from $2.3M in 2021 to $5.5M in 2022. Individual grants have ranged from $3K to $250K, with an average award of $31K. The foundation has supported 112 unique organizations. The foundation primarily supports organizations in Pennsylvania, District of Columbia, Arizona, which account for 98% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
A J & Sigismunda Palumbo Charitable Trust 35008-5 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 253 grants. Its grantmaking reaches organizations primarily in PA, DC, AZ.
A J & Sigismunda Palumbo Charitable Trust 35008-5 has distributed a total of $7.8M across 253 grants. The median grant size is $20K, with an average of $31K. Individual grants have ranged from $3K to $250K.
The application deadline is NOVEMBER 30TH. GRANTS ARE PRIMARILY FOR WESTERN PA. ST MARY'S PENNSYLVANIA CHARITIES CATHOLIC EDUCATION. HEALTH RELATED ISSUES. SOCIAL SERVICES AFFECTING YOUTH. AND TRUSTEE DISCRETION.
A J & Sigismunda Palumbo Charitable Trust 35008-5 is headquartered in CRANBERRY TOWNSHIP, PA. While based in PA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pnc Bank N A | TRUSTEE | $197K | $0 | $197K |
| Robert Ordiway | TRUSTEE | $2K | $0 | $2K |
| David A Ricchuito | TRUSTEE | $2K | $0 | $2K |
| Donald W Fleming | TRUSTEE | $2K | $0 | $2K |
| John W Kowach | TRUSTEE | $2K | $0 | $2K |
Total Giving
$2.9M
Total Assets
$52.5M
Fair Market Value
$55.4M
Net Worth
$52.5M
Grants Paid
$2.2M
Contributions
$1.3M
Net Investment Income
$4.8M
Distribution Amount
$2.7M
Total: $6.4M
Total Grants
253
Total Giving
$7.8M
Average Grant
$31K
Median Grant
$20K
Unique Recipients
112
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Crossroads FoundationPROGRAM SUPPORT | Pittsburgh, PA | $50K | 2022 |
| St Marys Area Ambulance ServicesGENERAL SUPPORT | St Marys, PA | $250K | 2022 |
| Elk Regional Health Center IncPROGRAM SUPPORT | St Marys, PA | $200K | 2022 |
| Elk Cnty Catholic School SystemPROGRAM SUPPORT | St Marys, PA | $120K | 2022 |
| United States Conference OfGENERAL SUPPORT | Washington, DC | $115K |
| Joseph Palumbo |
| TRUSTEE |
| $2K |
| $0 |
| $2K |
| P J Palumbo | TRUSTEE | $2K | $0 | $2K |
| Rex Knisley | TRUSTEE | $2K | $0 | $2K |
| Karen R Pfingstler | TRUSTEE | $2K | $0 | $2K |
| Robert Y Kopf Jr | TRUSTEE | $2K | $0 | $2K |
| Joanne Ryan | TRUSTEE | $0 | $0 | $0 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2022 |
| Holy Rosary ParishPROGRAM SUPPORT | Johnsonburg, PA | $100K | 2022 |
| Free Medical Clinic Of DuboisPROGRAM SUPPORT | Dubois, PA | $100K | 2022 |
| Dickinson Center IncPROGRAM SUPPORT | St Marys, PA | $90K | 2022 |
| Dubois Area Catholic School IncPROGRAM SUPPORT | Dubois, PA | $70K | 2022 |
| Neighborhood AcademyPROGRAM SUPPORT | Pittsburgh, PA | $50K | 2022 |
| Light Of Life MinistriesPROGRAM SUPPORT | Pittsburgh, PA | $50K | 2022 |
| Hope Center For Arts And TechnologyGENERAL SUPPORT | Sharon, PA | $50K | 2022 |
| Sacred Heart ChurchPROGRAM SUPPORT | St Marys, PA | $50K | 2022 |
| Carlow UniversityPROGRAM SUPPORT | Pittsburgh, PA | $50K | 2022 |
| Mhy Family ServicesGENERAL SUPPORT | Mars, PA | $50K | 2022 |
| Diocese Of Erie St Mark CatholicPROGRAM SUPPORT | Erie, PA | $50K | 2022 |
| Christ The King Manor IncPROGRAM SUPPORT | Dubois, PA | $50K | 2022 |
| Community Health ClinicGENERAL SUPPORT | Butler, PA | $50K | 2022 |
| Allegheny Health NetworkPROGRAM SUPPORT | Pittsburgh, PA | $50K | 2022 |
| Gannon UniversityPROGRAM SUPPORT | Erie, PA | $50K | 2022 |
| Shenango Valley CatholicPROGRAM SUPPORT | Hermitage, PA | $40K | 2022 |
| St Anthony School ProgramsPROGRAM SUPPORT | Wexford, PA | $40K | 2022 |
| North Hills Affordable HousingPROGRAM SUPPORT | Glenshaw, PA | $30K | 2022 |
| Mayo Clinic (Dr Scales) AzGENERAL SUPPORT | Scottsdale, AZ | $30K | 2022 |
| Alle-Kiski Area Hope CenterGENERAL SUPPORT | Tarentum, PA | $30K | 2022 |
| Shriners Hospital For ChildrenPROGRAM SUPPORT | Erie, PA | $30K | 2022 |
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