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Granito Family Foundation is a private trust based in STAMFORD, CT. The foundation received its IRS ruling in 2005. The principal officer is Day Berry & Howard Llp. It holds total assets of $42K. Annual income is reported at $266K. Total assets have decreased from $535K in 2011 to $89K 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 2020 to 2023. Funding is distributed across 4 states, including Connecticut, New York, Pennsylvania. According to available records, Granito Family Foundation has made 26 grants totaling $165K, with a median grant of $5K. Annual giving has grown from $40K in 2020 to $70K in 2023. Individual grants have ranged from $500 to $20K, with an average award of $6K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Connecticut, New York, California, which account for 81% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$6K
Largest Grant
$15K
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.
Granito Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in CT, NY, CA.
Granito Family Foundation has distributed a total of $165K across 26 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $500 to $20K.
Granito Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Granito Family Foundation is headquartered in STAMFORD, CT. While based in CT, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Monica A Granito | TRUSTEE | $0 | $0 | N/A |
| Frank H Granito Iii | TRUSTEE | $0 | $0 | N/A |
Total Giving
$76K
Total Assets
$89K
Fair Market Value
$89K
Net Worth
$89K
Grants Paid
$70K
Contributions
N/A
Net Investment Income
$2K
Distribution Amount
$7K
Total Grants
26
Total Giving
$165K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
18
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tiger Woods FoundationUNRESTRICTED GRANT | Irvine, CA | $20K | 2023 |
| Stamford Hospital FoundationUNRESTRICTED GRANT | Stamford, CT | $10K | 2023 |
| Cardinal Spellman High SchoolUNRESTRICTED GRANT | Bronx, NY | $10K | 2023 |
| Friends Of New Canaan HockeyUNRESTRICTED GRANT | New Canaan, CT | $7K | 2023 |
| Man Cave HealthUNRESTRICTED GRANT | Melville, NY | $6K | 2023 |
| Catholic Academy Of BridgeportUNRESTRICTED GRANT | Bridgeport, CT | $5K | 2023 |
| Franklin And Marshall CollegeUNRESTRICTED GRANT | Lancaster, PA | $5K | 2023 |
| Team ImpactUNRESTRICTED GRANT | Quincy, MA | $5K | 2023 |
| Molly Ann Tango Memorial FoundationUNRESTRICTED GRANT | Ridgefield, CT | $500 | 2023 |
| Future 5UNRESTRICTED GRANT | Stamford, CT | $500 | 2023 |
| New Canaan YmcaUNRESTRICTED GRANT | New Canaan, CT | $500 | 2023 |
| Milana Family Fdtn -Conduit For Immediate Redistribution To Man Cave HealthUNRESTRICTED GRANT | Melville, NY | $20K | 2022 |
| Plainedge Youth Baseball LeagueUNRESTRICTED GRANT | Massapequa, NY | $3K | 2022 |
| New Canaan Police Benevolent Association IncUNRESTRICTED GRANT | New Canaan, CT | $2K | 2022 |
| Cancer Society Of The Bahamas Foundation IncUNRESTRICTED GRANT | Miami, FL | $1K | 2022 |
| Miami University Foundation IncUNRESTRICTED GRANT | Oxford, OH | $5K | 2020 |
| New Canaan Ram Football Association IncUNRESTRICTED GRANT | New Canaan, CT | $3K | 2020 |
| Hockey Opportunities LlcUNRESTRICTED GRANT | Bedford Corners, NY | $3K | 2020 |