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Also known as: FOUNDATION INC
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Alfiero And Lucia Palestroni Foundation Inc. is a private corporation based in ENGLEWD CLFS, NJ. The foundation received its IRS ruling in 1997. The principal officer is Frank Lloyd. It holds total assets of $22.1M. Annual income is reported at $5.2M. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in New Jersey and New York. According to available records, Alfiero And Lucia Palestroni Foundation Inc. has made 67 grants totaling $3.6M, with a median grant of $20K. Annual giving has grown from $769K in 2020 to $1.2M in 2023. Individual grants have ranged from $500 to $508K, with an average award of $54K. The foundation has supported 37 unique organizations. Grants have been distributed to organizations in New Jersey and New York and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$23K
Average Grant
$43K
Largest Grant
$201K
Based on 18 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Alfiero And Lucia Palestroni Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 67 grants. Its grantmaking reaches organizations primarily in NJ, NY, VA.
Alfiero And Lucia Palestroni Foundation Inc. has distributed a total of $3.6M across 67 grants. The median grant size is $20K, with an average of $54K. Individual grants have ranged from $500 to $508K.
Alfiero And Lucia Palestroni Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (223452466) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Alfiero And Lucia Palestroni Foundation Inc. is headquartered in ENGLEWD CLFS, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kristine Sayrafe | EXECUTIVE DIRECTOR | $75K | $0 | $75K |
| Frank Huttle Iii | TRUSTEE | $0 | $0 | N/A |
| Debbie Sena | TRUSTEE | $0 | $0 | N/A |
| Karen Lloyd | TRUSTEE | $0 | $0 | N/A |
| Lucia Palestroni | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$22.1M
Fair Market Value
N/A
Net Worth
$22.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
67
Total Giving
$3.6M
Average Grant
$54K
Median Grant
$20K
Unique Recipients
37
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kessler FoundationGENERAL FUNDING | East Hanover, NJ | $56K | 2022 |
| Hackensack University Medical Center FoundationGENERAL FUNDING | Edison, NJ | $500K | 2023 |
| Englewood Health FoundationGALA SPONSORSHIP | Englewood, NJ | $260K | 2023 |
| The Valerie FundGENERAL FUNDING | Maplewood, NJ | $100K | 2023 |
| DkmsGENERAL FUNDING | New York, NY | $83K | 2023 |
| Adler Aphasia CenterGALA SPONSORSHIP | Maywood, NJ | $80K | 2023 |
| Buehler Challenger & Science CenterSPECIAL NEEDS PROGRAMMING | Paramus, NJ | $50K | 2023 |
| Holy Name Medical Center FoundationMULTIPLE SCLEROSIS CENTER | Teaneck, NJ | $49K | 2023 |
| Immaculate Conception High SchoolGENERAL FUNDING | Montclair, NJ | $30K | 2023 |
| Morristown Medical Center FoundationGENERAL FUNDING | Morristown, NJ | $25K | 2023 |
| Hackensack Meridian Health FoundationCENTER FOR MEMORY LOSS AND BRAIN HEALTH | Edison, NJ | $16K | 2023 |
| Bergen Performing Arts CenterGENERAL FUNDING | Englewood, NJ | $10K | 2023 |
| Cross Roads 4 HopeGENERAL FUNDING | Bedminster, NJ | $10K | 2023 |
| Community Chest Of EnglewoodGALA & GENERAL FUNDING | Englewood, NJ | $5K | 2023 |
| Reed Foundation For AutismGENERAL FUNDING | Oakland, NJ | $3K | 2023 |
| Don Bosco Preparatory High SchoolGENERAL FUNDING | Ramsey, NJ | $2K | 2023 |
| Fowa Rescue GroupGENERAL FUNDING | Wayne, NJ | $1K | 2023 |
| Englewood Cliffs Fire DepartmentGENERAL FUNDING | Englewood Cliffs, NJ | $1K | 2023 |
| Hackensack University Medical CenterGENERAL FUNDING | Edison, NJ | $508K | 2022 |
| Matthew Larson FoundationGENERAL FUNDING | Franklin Lakes, NJ | $25K | 2022 |
| Spectrum For LivingGENERAL FUNDING | River Vale, NJ | $20K | 2022 |
| Children'S Aid & Family ServiceGENERAL FUNDING | Paramus, NJ | $20K | 2022 |
| Cristina Fontanelli FoundationGENERAL FUNDING | New York, NY | $5K | 2022 |
| Beauty Foundation For Cancer CareGENERAL FUNDING | Tinton Falls, NJ | $1K | 2022 |
| National Ms SocietyGENERAL FUNDING | Woodbridge, NJ | $500 | 2022 |
| Friedreich'S Ataxia Research AllianceGENERAL FUNDING | Springfield, VA | $25K | 2021 |
| Bergen Family CenterGENERAL FUNDING | Englewood, NJ | $10K | 2021 |
| Cancer Hope NetworkGENERAL FUNDING | Chester, NJ | $3K | 2021 |