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Galgano Family Foundation is a private trust based in NAPERVILLE, IL. The foundation received its IRS ruling in 2019. It holds total assets of $1.7M. Annual income is reported at $939K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Galgano Family Foundation has made 14 grants totaling $565K, with a median grant of $14K. Annual giving has decreased from $173K in 2020 to $90K in 2023. Grantmaking activity was highest in 2022 with $302K distributed across 8 grants. Individual grants have ranged from $3K to $150K, with an average award of $40K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Illinois and Oklahoma and Minnesota. Contributions to this foundation are tax-deductible.
Galgano Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in IL, OK, MN.
Galgano Family Foundation has distributed a total of $565K across 14 grants. The median grant size is $14K, with an average of $40K. Individual grants have ranged from $3K to $150K.
Galgano Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Galgano Family Foundation is headquartered in NAPERVILLE, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard G Galgano | TRUSTEE | $0 | $0 | $0 |
Total Giving
$115K
Total Assets
$1.4M
Fair Market Value
$1.3M
Net Worth
$1.3M
Grants Paid
$90K
Contributions
$0
Net Investment Income
$11K
Distribution Amount
$63K
Total Grants
14
Total Giving
$565K
Average Grant
$40K
Median Grant
$14K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Benet AcademyGENERAL | Lisle, IL | $77K | 2023 |
| Corvita Science FoundationGENERAL | Chicago, IL | $10K | 2023 |
| West Suburban Community PantryGENERAL | Woodridge, IL | $3K | 2023 |
| Toby Keith FoundationGENERAL | Oklahoma City, OK | $25K | 2022 |
| Haiti OutreachGENERAL | Golden Valley, MN | $10K | 2022 |
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