Peter & Naldred Galanti Foundation is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2007. The principal officer is % First Union National Bank. It holds total assets of $2.7M. Annual income is reported at $999K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Peter & Naldred Galanti Foundation has made 44 grants totaling $612K, with a median grant of $3K. Annual giving has grown from $125K in 2021 to $328K in 2023. Individual grants have ranged from $1K to $88K, with an average award of $14K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Rhode Island, New Jersey, New York, which account for 82% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Peter & Naldred Galanti Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 44 grants. Its grantmaking reaches organizations primarily in RI, NJ, NY.
Peter & Naldred Galanti Foundation has distributed a total of $612K across 44 grants. The median grant size is $3K, with an average of $14K. Individual grants have ranged from $1K to $88K.
Peter & Naldred Galanti Foundation typically selects its grantees rather than accepting unsolicited proposals.
Peter & Naldred Galanti Foundation is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $37K | $0 | $37K |
Total Giving
$201K
Total Assets
$2.8M
Fair Market Value
$3.2M
Net Worth
$2.8M
Grants Paid
$160K
Contributions
$0
Net Investment Income
$87K
Distribution Amount
$151K
Total Grants
44
Total Giving
$612K
Average Grant
$14K
Median Grant
$3K
Unique Recipients
11
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Rhode IslandGENERAL OPERATING | Kingston, RI | $88K | 2023 |
| Girl Scouts Of The Jersey ShoreGENERAL OPERATING | Farmingdale, NJ | $38K | 2023 |
| Jersey Shore Council BsaGENERAL OPERATING | Toms River, NJ | $11K | 2023 |
| Seton Hall UniversityGENERAL OPERATING | South Orange, NJ | $10K | 2023 |
| Saint Joseph'S ChurchGENERAL OPERATING | Lodi, NJ | $4K | 2023 |
| Vision Loss Alliance Of New JerseyGENERAL OPERATING | Denville, NJ | $3K | 2023 |
| Association Multiple Impaired BlindGENERAL OPERATING | Brick, NJ | $3K | 2023 |
| American Heart AssociationGENERAL OPERATING | St Petersburg, FL | $2K | 2023 |
| The Salvation ArmyGENERAL OPERATING | West Nyack, NY | $2K | 2023 |
| St Joseph Sch For Blind CsjpGENERAL OPERATING | Jersey City, NJ | $2K | 2023 |
| American Cancer Society IncGENERAL OPERATING | Kennesaw, GA | $2K | 2023 |
SAINT LOUIS, MO
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