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Also known as: PORTELL FOUNDATION INC
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Lawrence J Portell And Natalie D Portell Foundation Inc. is a private corporation based in NEW MILFORD, CT. The foundation received its IRS ruling in 1998. The principal officer is Cramer & Anderson Llp. It holds total assets of $1.2M. Annual income is reported at $252K. Total assets have decreased from $1.6M in 2010 to $1.2M in 2022. The foundation is governed by 4 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 2016 to 2023. Grantmaking is concentrated in Connecticut. According to available records, Lawrence J Portell And Natalie D Portell Foundation Inc. has made 48 grants totaling $269K, with a median grant of $2K. Annual giving has decreased from $82K in 2020 to $61K in 2023. Grantmaking activity was highest in 2022 with $126K distributed across 24 grants. Individual grants have ranged from $500 to $30K, with an average award of $6K. The foundation has supported 18 unique organizations. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$5K
Largest Grant
$30K
Based on 12 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.
Lawrence J Portell And Natalie D Portell Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in CT.
Lawrence J Portell And Natalie D Portell Foundation Inc. has distributed a total of $269K across 48 grants. The median grant size is $2K, with an average of $6K. Individual grants have ranged from $500 to $30K.
Lawrence J Portell And Natalie D Portell Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Lawrence J Portell And Natalie D Portell Foundation Inc. is headquartered in NEW MILFORD, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mitchell Melnick | SECRETARY | $500 | $0 | $500 |
| Timothy Riordan | TREASURER | $500 | $0 | $500 |
| Arthur Weinshank | PRESIDENT | $500 | $0 | $500 |
| Robert W Martin | DIRECTOR | $500 | $0 | $500 |
Total Giving
$81K
Total Assets
$1.2M
Fair Market Value
$1.2M
Net Worth
$1.2M
Grants Paid
$61K
Contributions
N/A
Net Investment Income
$80K
Distribution Amount
$60K
Total: N/A
Total Grants
48
Total Giving
$269K
Average Grant
$6K
Median Grant
$2K
Unique Recipients
18
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hunt Hill Farm TrustLAND CONSERVATION, COOKING CLASSES, ART | New Milford, CT | $1K | 2023 |
| Loaves And FishesPROVIDE FUNDS FOR ORGANIZATION TO PURCHASE FOOD TO FEED THE HUNGRY | New Milford, CT | $1K | 2022 |
| University Of Connecticut FoundationPAYMENT ON COMMITMENT TO ASSIST UNIVERSITY IN ACQUIRING A PIANO | Storrs, CT | $30K | 2023 |
| New Milford Hospital FoundationGIFT FOR CANCER CENTER | New Milford, CT | $8K | 2023 |
| New Milford High SchoolPROVIDE SCHOLARSHIPS FOR HIGHER EDUCATION TO GRADUATING SENIORS | New Milford, CT | $5K | 2023 |
| Ridgefield VnaUNRESTRICTED GIFT | Ridgefield, CT | $3K | 2023 |
| Roxbury Ambulance Association IncSUPPORT MISSION OF EMERGENCY TRANSPORTATION IN ROXBURY | Roxbury, CT | $2K | 2023 |
| Roxbury Volunteer Fire DepartmentSUPPORT FIRE PROTECTION IN COMMUNITY | Roxbury, CT | $2K | 2023 |
| New Milford Community AmbulanceUNRESTRICTED GIFTUNRESTRICTED GIFT | New Milford, CT | $2K | 2023 |
| Merwinsville HotelFINANCE CONTINUING RESTORATION OF HISTORIC PROPERTY | Gaylordsville, CT | $1K | 2023 |
| Regional Hospice And Home Care Of Western CtHOSPICE CARE FOR TERMINALLY ILL PATIENTS | Danbury, CT | $1K | 2023 |
| Town Of RoxburyTOWN BEAUTIFICATION | Roxbury, CT | $1K | 2023 |
| Renewal House Shelter Of The CrossUNRESTRICTED GIFT TOWARD PROVIDING TRANSITIONAL HOUSING, COUNSELING SUPPORT AND REHABILITATION SERVICES FOR ELDERLY AGED INDIVIDUALS WHO ARE HOMELESS OR AT RISK OF BECOMING HOMELESS. | Danbury, CT | $500 | 2023 |
| Camella'S CupboardPROVIDE FUNDS FOR ORGANIZATION TO PURCHASE FOOD TO FEED THE HUNGRY | New Milford, CT | $1K | 2022 |
| Kent Community FundPROVIDE FUNDS TO HELP THE ORGANIZATION PURCHASE FOOD TO FEED THE HUNGRY | Kent, CT | $2K | 2020 |
| Town Of New MilfordSUPPORT OUTREACH PROGRAMS FOR THOSE IN NEED DUE TO PANDEMIC | New Milford, CT | $2K | 2020 |
| New Milford VnaUNRESTRICTED GIFT | New Milford, CT | $2K | 2020 |
| Community Culinary School Of Northwestern CtUNRESTRICTED GIFT TOWARD TEACHING UNEMPLOYED INDIVIDUALS LIFE SKILLS FOR OBTAINING JOBS IN THE FOOD SERVICES BUSINESS | New Milford, CT | $500 | 2020 |