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Arastradero Foundation is a private corporation based in ANDOVER, MA. The foundation received its IRS ruling in 2002. The principal officer is % Nicholas A Sannella. It holds total assets of $1.7M. Annual income is reported at $113K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Arastradero Foundation has made 28 grants totaling $240K, with a median grant of $4K. Annual giving has grown from $25K in 2020 to $66K in 2023. Grantmaking activity was highest in 2022 with $148K distributed across 14 grants. Individual grants have ranged from $100 to $27K, with an average award of $9K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Massachusetts, Tennessee, New York, which account for 82% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Arastradero Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in MA, TN, NY.
Arastradero Foundation has distributed a total of $240K across 28 grants. The median grant size is $4K, with an average of $9K. Individual grants have ranged from $100 to $27K.
Arastradero Foundation typically selects its grantees rather than accepting unsolicited proposals.
Arastradero Foundation is headquartered in ANDOVER, MA. While based in MA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Maria Sannella | TRUSTEE | $0 | $0 | $0 |
| Nicholas A Sannella | TRUSTEE | $0 | $0 | $0 |
Total Giving
$71K
Total Assets
$1.7M
Fair Market Value
$1.7M
Net Worth
$1.7M
Grants Paid
$66K
Contributions
$0
Net Investment Income
$17K
Distribution Amount
$76K
Total Grants
28
Total Giving
$240K
Average Grant
$9K
Median Grant
$4K
Unique Recipients
15
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alpha Omega AlphaCHARITY | Aurora, CO | $200 | 2023 |
| My Brothers KeeperCOMMUNITY ASSISTANCE | Easton, MA | $100 | 2020 |
| Immaculate ConceptionEDUCATION | Lowell, MA | $26K | 2023 |
| Merrimack CollegeSCHOLARSHIPS | North Andover, MA | $25K | 2023 |
| St Jude Childrens Research HospitalCHARITY |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Memphis, TN |
| $10K |
| 2023 |
| Mary Queen Of Heaven MissionariesCHARITY | Covina, CA | $2K | 2023 |
| Trustees Of Tufts Univ Med SchoolSCHOLARSHIPSFINANCIAL AID | Boston, MA | $1K | 2023 |
| Catholic Community FundCHARITY | Braintree, MA | $1K | 2023 |
| Pope St John Xxiii SeminarySUPPORTRELIGIOUS | Weston, MA | $1K | 2023 |
| Boston Health Care For The HomelessCHARITY | Boston, MA | $100 | 2023 |
| Our Lady Of Grace Catholic ChurchCHARITY | Chelsea, MA | $100 | 2023 |
| Tunnels To TowersCHARITY | Staten Island, NY | $5K | 2022 |
| Trustees Of Tufts CollegeSCHOLARSHIPSFINANCIAL AID | Boston, MA | $2K | 2022 |
| Saint Anthony ShrineSUPPORT RELIGIOUS ACTIVITIES | Boston, MA | $250 | 2020 |
| Alpha Omega Alpha Medical SocietySCHOLARSHIPS | Aurora, CA | $100 | 2020 |
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