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Gallo Family Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2016. The principal officer is Ann Gallo. It holds total assets of $6.2M. Annual income is reported at $587K. Total assets have grown from $4.4M in 2019 to $6.1M 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 2018 to 2023. According to available records, Gallo Family Foundation has made 7 grants totaling $293K, with a median grant of $50K. Individual grants have ranged from $5K to $100K, with an average award of $42K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Massachusetts and Utah and Arizona. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$20K
Average Grant
$17K
Largest Grant
$25K
Based on 6 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.
Gallo Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in MA, UT, AZ.
Gallo Family Foundation has distributed a total of $293K across 7 grants. The median grant size is $50K, with an average of $42K. Individual grants have ranged from $5K to $100K.
Gallo Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gallo Family Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ann C Gallo | TRUSTEE | $0 | $0 | N/A |
| Wesley Karger | TRUSTEE | $0 | $0 | N/A |
Total Giving
$251K
Total Assets
$6.1M
Fair Market Value
$7.2M
Net Worth
$6.1M
Grants Paid
$247K
Contributions
N/A
Net Investment Income
$254K
Distribution Amount
$341K
Total: N/A
Total Grants
7
Total Giving
$293K
Average Grant
$42K
Median Grant
$50K
Unique Recipients
7
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Breakthrough Greater Boston IncGENERAL SUPPORT | Cambridge, MA | $100K | 2022 |
| Peace House IncGENERAL SUPPORT | Park City, UT | $70K | 2022 |
| Sequoia Springs Trauma Healing Center IncGENERAL SUPPORT | Tucson, AZ | $50K | 2022 |
| Fidelity Charitable FundCHARITABLE | Boston, MA | $50K | 2022 |
| Boston BalletGENERAL SUPPORT | Boston, MA | $12K | 2022 |
| Nantucket Dreamland FoundationGENERAL SUPPORT | Nantucket, MA | $6K | 2022 |
| Springfield School VolunteersGENERAL SUPPORT | Springfield, MA | $5K | 2022 |