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Galasso Foundation is a private trust based in CLARENCE, NY. The foundation received its IRS ruling in 1963. It holds total assets of $8.3M. Annual income is reported at $4.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Galasso Foundation has made 153 grants totaling $1.2M, with a median grant of $3K. The foundation has distributed between $334K and $496K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $496K distributed across 74 grants. Individual grants have ranged from $100 to $85K, with an average award of $8K. The foundation has supported 59 unique organizations. The foundation primarily supports organizations in New York, Iowa, Pennsylvania, which account for 98% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Galasso Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 153 grants. Its grantmaking reaches organizations primarily in NY, IA, PA.
Galasso Foundation has distributed a total of $1.2M across 153 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $100 to $85K.
Galasso Foundation typically selects its grantees rather than accepting unsolicited proposals.
Galasso Foundation is headquartered in CLARENCE, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Emil J Galasso | Trustee | $10K | $0 | $10K |
| Rev Mgr David G Lipuma | Trustee | $10K | $0 | $10K |
| August J Gillon | Trustee | $10K | $0 | $10K |
| Paul M Gonzalez | Trustee | $10K | $0 | $10K |
| J Michael Kelleher | Trustee | $10K | $0 | $10K |
Total Giving
$545K
Total Assets
$8.4M
Fair Market Value
$8.7M
Net Worth
$8.4M
Grants Paid
$334K
Contributions
$0
Net Investment Income
$344K
Distribution Amount
$415K
Total Grants
153
Total Giving
$1.2M
Average Grant
$8K
Median Grant
$3K
Unique Recipients
59
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Our Lady Of Victory BasilicaContribution | Lackawanna, NY | $85K | 2023 |
| St Mary'S High SchoolContribution | Lancaster, NY | $81K | 2023 |
| Regional Food Bank Of NortheasternContribution | Latham, NY | $28K | 2023 |
| St Bonaventure UniversityContribution | St Bonaventure, NY | $25K | 2023 |
| Feedmore Wny FoundationContribution | Buffalo, NY | $10K | 2023 |
| James P Gonzalez |
| Trustee |
| $5K |
| $0 |
| $5K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Family Promise Of WnyContribution | Buffalo, NY | $10K | 2023 |
| Cobleskill Community Activities FouProgram Support | Cobleskill, NY | $10K | 2023 |
| St Mary'S Elementary SchoolContribution | Lancaster, NY | $10K | 2023 |
| Big Big TableContribution | Buffalo, NY | $7K | 2023 |
| Epiphany United Church Of ChristContribution | Clarence Center, NY | $7K | 2023 |
| Our Lady Of Pompeii ChurchContribution | Lancaster, NY | $6K | 2023 |
| Sisters Of Saint FrancisContribution | Williamsville, NY | $6K | 2023 |
| Canisius CollegeScholarship Fund | Buffalo, NY | $5K | 2023 |
| Visually Impaired AdvancementContribution | Buffalo, NY | $5K | 2023 |
| Bridge Of Hope IncContribution | Exton, PA | $5K | 2023 |
| House Of ConcernContribution | Seneca Falls, NY | $5K | 2023 |
| Seneca Falls Rotary Service FoundatContribution | Seneca Falls, NY | $5K | 2023 |
| Epiphany ParishContribution | Liverpool, NY | $4K | 2023 |
| St John The Baptist SchoolTuition Assistance | Alden, NY | $4K | 2023 |
| Schoharie Free LibraryContribution | Schoharie, NY | $3K | 2023 |
| Middleburgh LibraryContribution | Middleburgh, NY | $3K | 2023 |
| Pottawattamie County Conservation FContribution | Council Bluffs, IA | $2K | 2023 |
| Artpark CompanyContribution | Lewiston, NY | $2K | 2023 |
| St Vincent De Paul ChurchContribution | Cobleskill, NY | $2K | 2023 |
| Buffalo City MissionContribution | Buffalo, NY | $2K | 2023 |
| United Way Of Seneca CountyContribution | Waterloo, NY | $1K | 2023 |
| Zach Liberatore FoundationContribution | Orchard Park, NY | $500 | 2023 |
| Wings Of HopeContribution | Council Bluffs, IA | $500 | 2023 |
| Seneca Falls LibraryContribution | Seneca Falls, NY | $500 | 2023 |
| Irish Classical Theatre CompanyContribution | Buffalo, NY | $500 | 2023 |
| Catholic Charities Phoenix HouseContribution | Council Bluffs, IA | $500 | 2023 |
| Lancaster New York Historical SocieContribution | Lancaster, NY | $500 | 2023 |
| Lancaster Opera HouseContribution | Lancaster, NY | $500 | 2023 |
| Lancaster Village Merchants AssociaContribution | Lancaster, NY | $500 | 2023 |
| Olv CharitiesContribution | Lakawanna, NY | $500 | 2023 |
| The Brothers Of MercyContribution | Clarence, NY | $5K | 2022 |
| Mount Ireneaus Co St Bonaventure UnProgram Support | St Bonaventure, NY | $4K | 2022 |
| Franciscan Northside MinistriesProgram Support | Syracuse, NY | $4K | 2022 |
| The Bison Scholarship FundContribution | Buffalo, NY | $2K | 2022 |
| Celebrate Commemorate Memorial DayContribution | Waterloo, NY | $500 | 2022 |
| Father Ejike Innocent OnyenaguboContribution | Syracuse, NY | $500 | 2022 |
| Poverello Medical CenterContribution | Syracuse, NY | $500 | 2022 |
| Second Generation Theatre CoContribution | Kenmore, NY | $500 | 2022 |
| Long Branch Elementary School PtcoContribution | Liverpool, NY | $300 | 2022 |
| American Cancer SocietyContribution | Hagerstown, MD | $300 | 2022 |
| Ihmsjw CyoContribution | Liverpool, NY | $300 | 2022 |
| Athena A C E AssociationContribution | Geneva, NY | $250 | 2022 |
| Romulus Foundation For EducoppContribution | Romulus, NY | $250 | 2022 |
| Camp OnseyawaContribution | Canandaigua, NY | $150 | 2022 |
| St Mary'S Of The Assumption ChurchProgram Support | Lancaster, NY | $25K | 2020 |
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