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Luigi Damiano Foundation is a private corporation based in WARWICK, RI. The foundation received its IRS ruling in 2010. The principal officer is Frank R Lafazia. It holds total assets of $3.9M. Annual income is reported at $90K. Total assets have grown from $3K in 2011 to $4M in 2023. The foundation is governed by 3 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. According to available records, Luigi Damiano Foundation has made 4 grants totaling $372K, with a median grant of $61K. Annual giving has grown from $121K in 2022 to $251K in 2023. Individual grants have ranged from $17K to $234K, with an average award of $93K. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
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.
Luigi Damiano Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in KY.
Luigi Damiano Foundation has distributed a total of $372K across 4 grants. The median grant size is $61K, with an average of $93K. Individual grants have ranged from $17K to $234K.
Luigi Damiano Foundation typically selects its grantees rather than accepting unsolicited proposals.
Luigi Damiano Foundation is headquartered in WARWICK, RI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Angela Salas | DIRECTOR, PRESIDENT, TREASURER | $0 | $0 | N/A |
| Christopher Salas Md | DIRECTOR, SECRETARY | $0 | $0 | N/A |
| Frank Lafazia Md | DIRECTOR | $0 | $0 | N/A |
Total Giving
$255K
Total Assets
$4M
Fair Market Value
$9.3M
Net Worth
$4M
Grants Paid
$251K
Contributions
N/A
Net Investment Income
$79K
Distribution Amount
$408K
Total Grants
4
Total Giving
$372K
Average Grant
$93K
Median Grant
$61K
Unique Recipients
1
Most Common Grant
$99K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity CharitableTO FACILITATE GRANTS TO PUBLIC CHARITIES | Covington, KY | $234K | 2023 |
NORTH KINGSTOWN, RI
PROVIDENCE, RI
PROVIDENCE, RI