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Galante Family Foundation is a private corporation based in NILES, IL. The foundation received its IRS ruling in 1989. It holds total assets of $1.2M. Annual income is reported at $104K. Total assets have grown from $575K in 2011 to $1.2M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Connecticut, New York and New Jersey. According to available records, Galante Family Foundation has made 17 grants totaling $151K, with a median grant of $10K. The foundation has distributed between $69K and $83K annually from 2022 to 2023. Individual grants have ranged from $1K to $25K, with an average award of $9K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Connecticut, New York, New Jersey, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$12K
Largest Grant
$25K
Based on 7 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.
Galante Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in CT, NY, NJ.
Galante Family Foundation has distributed a total of $151K across 17 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $1K to $25K.
Grants are made only to: 1)qualified public or non-profit organizations; 2) individuals related to the above organizations. Grants are made primarily to: 1) fund medical research; 2) fund medical scholarships.
Galante Family Foundation is headquartered in NILES, IL. While based in IL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles H Galante | TREASURER/DIRECTOR | $0 | $0 | N/A |
| Laura Galante | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Connor Galante | ASST TREASURER/DIRECTOR | $0 | $0 | N/A |
Total Giving
$80K
Total Assets
$1.2M
Fair Market Value
$1.2M
Net Worth
$1.2M
Grants Paid
$69K
Contributions
$11K
Net Investment Income
$18K
Distribution Amount
$47K
Total: $988K
Total Grants
17
Total Giving
$151K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
11
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New Canaan Country SchoolEDUCATIONAL/SOCIAL | New Canaan, CT | $15K | 2023 |
| Community Fund EndowmentEDUCATIONAL/SOCIAL | Darien, CT | $13K | 2023 |
| Hamilton FundEDUCATIONALEDUCATIONAL/SOCIALEDUCATIONAL/SOCIAL | Clinton, NY | $10K | 2023 |
| Stamford HealthEDUCATIONAL/SOCIAL | Stamford, CT | $10K | 2023 |
| Game Conservancy UsaEDUCATIONAL | Westport, CT | $5K | 2023 |
| University AdvancementEDUCATIONAL | Fairfield, CT | $5K | 2023 |
| Rowan CenterEDUCATIONAL/SOCIAL | Glassboro, NJ | $5K | 2023 |
| Syracuse University Gift FundEDUCATIONAL | Syracuse, NY | $3K | 2023 |
| Lake Forest AcademyEDUCATIONAL | Lake Forest, IL | $3K | 2023 |
| Harlem Educational AdvancementEDUCATIONAL | New Yoek, NY | $1K | 2023 |
| Shepards IncEDUCATIONAL/SOCIAL | Darien, CT | $8K | 2022 |