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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. Total assets have decreased from $11.5M in 2010 to $1.7M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Massachusetts and New York. 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.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$9K
Largest Grant
$25K
Based on 5 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.
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 | N/A |
| Nicholas A Sannella | TRUSTEE | $0 | $0 | N/A |
Total Giving
$71K
Total Assets
$1.7M
Fair Market Value
$1.7M
Net Worth
$1.7M
Grants Paid
$66K
Contributions
N/A
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 | Memphis, TN | $10K | 2023 |
| Mary Queen Of Heaven MissionariesCHARITY | Covina, CA | $2K | 2023 |
| Pope St John Xxiii SeminarySUPPORTRELIGIOUS | Weston, MA | $1K | 2023 |
| Trustees Of Tufts Univ Med SchoolSCHOLARSHIPSFINANCIAL AID | Boston, MA | $1K | 2023 |
| Catholic Community FundCHARITY | Braintree, MA | $1K | 2023 |
| Our Lady Of Grace Catholic ChurchCHARITY | Chelsea, MA | $100 | 2023 |
| Boston Health Care For The HomelessCHARITY | Boston, 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 |