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Arnold M Albero Memorial Fund is a private trust based in MANCHESTR CTR, VT. The foundation received its IRS ruling in 1994. The principal officer is Theresa Albero. It holds total assets of $48K. Annual income is reported at $6K. Total assets have grown from $30K in 2011 to $47K in 2023. The foundation is governed by 3 officers and trustees. Provide scholarship funds to graduating high-school seniors for college or vocational training. The scholarship will recognize academic achievement, and promote patriotism and community service. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New York. According to available records, Arnold M Albero Memorial Fund has made 7 grants totaling $13K, with a median grant of $2K. Annual giving has decreased from $4K in 2020 to $3K in 2023. Individual grants have ranged from $500 to $3K, with an average award of $2K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$1K
Largest Grant
$2K
Based on 3 grants from the most recent 990-PF filing.
Provide scholarship funds to graduating high-school seniors for college or vocational training. The scholarship will recognize academic achievement, and promote patriotism and community service.
Provide scholarship funds to graduating high-school seniors for college or vocational training. The scholarship will recognize academic achievement, and promote patriotism and community service. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NY.
Arnold M Albero Memorial Fund has distributed a total of $13K across 7 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $500 to $3K.
The application deadline is April 30th app deadline. Award granted at June Graduation.. No restrictions.
Arnold M Albero Memorial Fund is headquartered in MANCHESTR CTR, VT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Donna Albero-Esposito | Trustee | $0 | $0 | N/A |
| Lucile Albero-Kocur | Trustee | $0 | $0 | N/A |
| Elaine Albero-Moss | Trustee | $0 | $0 | N/A |
Total Giving
$3K
Total Assets
$47K
Fair Market Value
$43K
Net Worth
$47K
Grants Paid
$3K
Contributions
$4K
Net Investment Income
$2K
Distribution Amount
N/A
Total: N/A
Total Grants
7
Total Giving
$13K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
7
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brian NdoakScholarship | Pelham, NY | $3K | 2023 |
| Carpline MichailoffScholarship for college | Pelham, NY | $3K | 2022 |
| Michael MazzaroScholarship for College | Pelham, NY | $3K | 2021 |
| Nevan MalwanaScholarship for College | Pelham, NY | $1K | 2021 |
| Silda NezaScholarship for College | Pelham, NY | $2K | 2020 |
| Alyssa Lynn CatalanottoScholarship for College | Pelham, NY | $2K | 2020 |
| Alexander D MichailoffScholarship for College | Pelham, NY | $500 | 2020 |
CRAFTSBURY CM, VT
STOWE, VT
MARLBORO, VT