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Petrello Family Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2002. The principal officer is Anthony G Petrello. It holds total assets of $2M. Annual income is reported at $299K. Total assets have decreased from $3.1M in 2011 to $2M 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 2017 to 2024. Grantmaking is concentrated in Texas. According to available records, Petrello Family Foundation has made 56 grants totaling $673K, with a median grant of $8K. Annual giving has decreased from $247K in 2021 to $121K in 2024. Individual grants have ranged from $100 to $84K, with an average award of $12K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Texas, Connecticut, Colorado, which account for 88% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$15K
Largest Grant
$84K
Based on 17 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.
Petrello Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 56 grants. Its grantmaking reaches organizations primarily in TX, CT, CO.
Petrello Family Foundation has distributed a total of $673K across 56 grants. The median grant size is $8K, with an average of $12K. Individual grants have ranged from $100 to $84K.
Petrello Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Petrello Family Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anthony G Petrello | DIRECTOR | $0 | $0 | N/A |
| Cynthia A Petrello | DIRECTOR | $0 | $0 | N/A |
Total Giving
$125K
Total Assets
$2M
Fair Market Value
$441K
Net Worth
$2M
Grants Paid
$121K
Contributions
$97K
Net Investment Income
N/A
Distribution Amount
$30K
Total: $2M
Total Grants
56
Total Giving
$673K
Average Grant
$12K
Median Grant
$8K
Unique Recipients
27
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Veterans Of Foreign WarsTO SUPPORT VETERANS | Milford, NH | $1K | 2023 |
| The Herman Park ConservancySUPPORT IMPROVEMENT OF HERMANN PARK | Houston, TX | $60K | 2024 |
| Franciscan Life CenterTO SUPPORT YOUTH EDUCATIONAL PROGRAM | Meriden, CT | $25K | 2024 |
| Houston Grand OperaTO SUPPORT ARTISTIC ENDEAVORS | Houston, TX | $13K | 2024 |
| The Museum Of Fine Arts HoustonTO SUPPORT MUSEUM | Houston, TX | $13K | 2024 |
| Houston Methodist HospitalTO SUPPORT GLOBAL HEALTH CARE | Houston, TX | $10K | 2024 |
| Boys TownTO SUPPORT CHILDREN | Boys Town, NE | $100 | 2024 |
| Wounded Warrior ProjectTO SUPPORT VETERANS | Jacksonville, FL | $100 | 2024 |
| Hobby Center For Performing ArtsPROMOTING ARTS EDUCATION AND THEATER | Houston, TX | $10K | 2023 |
| Alley TheatreTO SUPPORT ARTISTIC ENDEAVORS | Houston, TX | $10K | 2023 |
| Recipe For SuccessTO SUPPORT CHILDREN'S WAY OF EATING | Houston, TX | $5K | 2023 |
| The Brookwood CommunityPROVIDES ASSISTANCE FOR THE DISABLED | Brookshire, TX | $5K | 2023 |
| Diocesan Services FundTO SUPPORT CHURCH | Houston, TX | $1K | 2023 |
| The Salvation ArmySUPPORT WHO SUFFER FROM POVERTY | Houston, TX | $500 | 2023 |
| Albertus Magnus CollegeHIGHER EDUCATION | New Haven, CT | $25K | 2022 |
| Houston Cinema Arts SocietyPRESENTING FILMS, MEDIA, AND EDUCATI | Houston, TX | $10K | 2022 |
| MfahTO SUPPORT ARTISTIC ENDEAVORS | Houston, TX | $5K | 2022 |
| The Social Book In Memoriam ProjectMARKETING SUPPORT GIFTING BOOKS | Houston, TX | $3K | 2022 |
| Human Rights WatchDEFEND HUMAN RIGHTS | New York, NY | $2K | 2022 |
| The Periwinkle FoundationTO SUPPORT CHILDREN WITH CANCER | Houston, TX | $20K | 2021 |
| Sacred Heart High SchoolTO SUPPORT FINANCIAL AID | Waterbury, CT | $18K | 2021 |
| Special CheersFUNCTIONAL THERAPY FOR CHILDREN | Houston, TX | $10K | 2021 |
| Shanta FoundationTO SUPPORT UNDERPRIVILEGED MEMBERS | Durango, CO | $6K | 2021 |