//
Also known as: C/O SAL GIORDANO
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Giordano Foundation Inc. is a private corporation based in VERO BEACH, FL. The foundation received its IRS ruling in 1960. The principal officer is Sal Giordano. It holds total assets of $556K. Annual income is reported at $28K. Total assets have grown from $128K in 2010 to $565K in 2022. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Florida and Massachusetts. According to available records, Giordano Foundation Inc. has made 37 grants totaling $158K, with a median grant of $2K. Annual giving has grown from $4K in 2020 to $75K in 2023. Individual grants have ranged from $500 to $55K, with an average award of $4K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in Massachusetts, Florida, Pennsylvania, which account for 84% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$3K
Largest Grant
$10K
Based on 11 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.
Giordano Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in MA, FL, PA.
Giordano Foundation Inc. has distributed a total of $158K across 37 grants. The median grant size is $2K, with an average of $4K. Individual grants have ranged from $500 to $55K.
Giordano Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Giordano Foundation Inc. is headquartered in VERO BEACH, FL. While based in FL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Giordano | PRES/DIR | $0 | $0 | N/A |
| Salvatore Giordano | VP/DIR | $0 | $0 | N/A |
| Simone Muscarnera | ACTING SEC | $0 | $0 | N/A |
Total Giving
$78K
Total Assets
$565K
Fair Market Value
$565K
Net Worth
$565K
Grants Paid
$75K
Contributions
N/A
Net Investment Income
$25K
Distribution Amount
$29K
Total Grants
37
Total Giving
$158K
Average Grant
$4K
Median Grant
$2K
Unique Recipients
19
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Vineyard Preservation TrustCHARITABLE | Edgartown, MA | $55K | 2023 |
| Indian River Habitat For HumanityCHARITABLE | Vero Beach, FL | $5K | 2023 |
| Quail Valley CharitiesCHARITABLE | Vero Beach, FL | $5K | 2023 |
| Wheels And Keels FoundationCHARITABLE | Vero Beach, FL | $4K | 2023 |
| Sail Martha'S VineyardCHARITABLE | Vineyard Haven, MA | $3K | 2023 |
| Windmark Sailing FoundationCHARITABLE | Oyster Bay, NY | $1K | 2023 |
| Wings Of Love Treasure CoastCHARITABLE | Roseland, FL | $1K | 2023 |
| Martha'S Vineyard Shellfish GroupCHARITABLE | Haven, MA | $500 | 2023 |
| Police Benevolent AssociationCHARITABLE | New York, NY | $500 | 2023 |
| Weidner UniversityCHARITABLE | Chester, PA | $10K | 2022 |
| Habitat For Humanity Martha'S VineyardCHARITABLE | Vineyard Haven, MA | $1K | 2022 |
| St Jude'S Childrens HospitalCHARITABLE | Memphis, TN | $1K | 2022 |
| Courageous Sailing Organizationdavid B Vietor Seamanship FundCHARITABLE | Boston, MA | $1K | 2022 |
| Moorings Education FoundationCHARITABLE | Vero Beach, FL | $500 | 2022 |
| Dogs For LifeCHARITABLE | Vero Beach, FL | $500 | 2022 |
| Sheriff'S Meadow FoundationCHARITABLE | Vineyard Haven, MA | $5K | 2021 |
| Somerset County Park FoundationCHARITABLE | North Branch, NJ | $1K | 2021 |
| Indian River County Habitat For HumanityCHARITABLE | Vero Beach, FL | $3K | 2020 |
| Indian River Symphony AssociationCHARITABLE | Vero Beach, FL | $1K | 2020 |