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Petrillo Family Charitable Foundation Trust Agreement Dtd 5-3-18 is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2019. The principal officer is Carl E Petrillo Co Trustee. It holds total assets of $2.8M. Annual income is reported at $23K. Total assets have decreased from $4.6M in 2019 to $3M 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. The foundation primarily funds organizations in New York, Massachusetts and Florida. According to available records, Petrillo Family Charitable Foundation Trust Agreement Dtd 5-3-18 has made 26 grants totaling $1.5M, with a median grant of $15K. Annual giving has grown from $252K in 2020 to $422K in 2023. Grantmaking activity was highest in 2021 with $735K distributed across 7 grants. Individual grants have ranged from $1K to $500K, with an average award of $60K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, Florida, which account for 85% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$17K
Average Grant
$36K
Largest Grant
$100K
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.
Petrillo Family Charitable Foundation Trust Agreement Dtd 5-3-18 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 NY, PA, FL.
Petrillo Family Charitable Foundation Trust Agreement Dtd 5-3-18 has distributed a total of $1.5M across 26 grants. The median grant size is $15K, with an average of $60K. Individual grants have ranged from $1K to $500K.
Petrillo Family Charitable Foundation Trust Agreement Dtd 5-3-18 typically selects its grantees rather than accepting unsolicited proposals.
Petrillo Family Charitable Foundation Trust Agreement Dtd 5-3-18 is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carl Petrillo | C0-TRUSTEE | $0 | $0 | N/A |
| Matthew Petrillo | C0-TRUSTEE | $0 | $0 | N/A |
Total Giving
$424K
Total Assets
$3M
Fair Market Value
$5.7M
Net Worth
$3M
Grants Paid
$422K
Contributions
N/A
Net Investment Income
$36K
Distribution Amount
$228K
Total: N/A
Total Grants
26
Total Giving
$1.5M
Average Grant
$60K
Median Grant
$15K
Unique Recipients
9
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Yonkers Partners In EducationGENERAL | Yonkers, NY | $150K | 2023 |
| Lehigh UniversityGENERAL | Bethlehem, PA | $113K | 2023 |
| Weill Cornell-Anne Moore Breast Cancer Research FundGENERAL | New York, NY | $100K | 2023 |
| Hospital For Special SurgeryGENERAL | New York, NY | $25K | 2023 |
| Inner-City Scholarship FundGENERAL | New York, NY | $15K | 2023 |
| Haymakers For HopeGENERAL | Boston, MA | $10K | 2023 |
| Pbau - Palm Beach Atlantic UniversityGENERAL | West Palm Beach, FL | $9K | 2023 |
| Sisters Of Charity New YorkGENERAL | Bronx, NY | $2K | 2022 |
| St Joseph'S Health FundGENERAL | Syracuse, NY | $100K | 2020 |