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Pettit Foundation is a private corporation based in TORRANCE, CA. The foundation received its IRS ruling in 2007. The principal officer is % Alexander Furlotti. It holds total assets of $46.7M. Annual income is reported at $1.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Pettit Foundation has made 66 grants totaling $5.2M, with a median grant of $75K. Annual giving has decreased from $2.1M in 2020 to $1.5M in 2022. Individual grants have ranged from $5K to $346K, with an average award of $79K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in New York, California, Colorado, which account for 65% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Pettit Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 66 grants. Its grantmaking reaches organizations primarily in NY, CA, CO.
Pettit Foundation has distributed a total of $5.2M across 66 grants. The median grant size is $75K, with an average of $79K. Individual grants have ranged from $5K to $346K.
Pettit Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pettit Foundation is headquartered in TORRANCE, CA. While based in CA, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Allison Furlotti | Secretary | $0 | $0 | $0 |
| Nancy Furlotti | President | $0 | $0 | $0 |
| Patrick Furlotti | Director | $0 | $0 | $0 |
| Michael Furlotti | Treasurer | $0 | $0 | $0 |
Total Giving
$2.2M
Total Assets
$42.4M
Fair Market Value
$0
Net Worth
$42.4M
Grants Paid
$2.1M
Contributions
$294K
Net Investment Income
$1.4M
Distribution Amount
$2M
Total: $41.7M
Total Grants
66
Total Giving
$5.2M
Average Grant
$79K
Median Grant
$75K
Unique Recipients
33
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Americans For OxfordSUPPORT. | New York, NY | $341K | 2022 |
| Asian University For Women FoundatiSUPPORT. | Cambridge, MA | $100K | 2022 |
| AcluSUPPORT. | New York, NY | $100K | 2022 |
| Music Associates Of AspenSUPPORT. | Aspen, CO | $100K | 2022 |
| Everytown For Gun SafetySUPPORT. | New York, NY | $100K | 2022 |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Aspen Center For EnvironmentalSUPPORT. |
| Aspen, CO |
| $100K |
| 2022 |
| The Freer Gallery Of ArtSUPPORT. | Washington, DC | $100K | 2022 |
| McdsSUPPORT. | Corte Madera, CA | $90K | 2022 |
| Aspen Hope CenterSUPPORT. | Aspen, CO | $65K | 2022 |
| Planned ParenthoodSUPPORT | New York, NY | $60K | 2022 |
| George Balachine FoundationSUPPORT | New York, NY | $50K | 2022 |
| Aim For High SchoolSUPPORT. | San Francisco, CA | $50K | 2022 |
| Centra Minnesota Community FoundatiSUPPORT | St Cloud, MN | $50K | 2022 |
| Foundation For Anthropological StudSUPPORT. | Rupert, ID | $50K | 2022 |
| The Santa Fe InstituteSUPPORT. | Santa Fe, NM | $25K | 2022 |
| Central Coast Vineyard TeamSUPPORT | Atascader, CA | $20K | 2022 |
| Roaring Fork Early Learning FundSUPPORT. | Glenwood Springs, CO | $15K | 2022 |
| Mayo ClinicSUPPORT | Rochester, MN | $15K | 2022 |
| Catholic Community Services Lane CoSUPPORT | Eugene, OR | $13K | 2022 |
| Mountain Top StringsSUPPORT. | Big Bear, CA | $10K | 2022 |
| San Francisco Marin Food BankSUPPORT. | San Francisco, CA | $10K | 2022 |
| Catlin GableSUPPORT. | Portland, OR | $10K | 2022 |
| Oceans Vayages InstituteSUPPORT | Sausalito, CA | $150K | 2021 |
| Feeding AmericaSUPPORT. | Los Angeles, CA | $20K | 2021 |
| Central Coast Vinetard TeamSUPPORT | Atascader, CA | $10K | 2021 |
| Earth Council FoundationSUPPORT. | Washington Dc, DC | $150K | 2020 |
| Must CharitiesSUPPORT. | Templeton, CA | $75K | 2020 |
| Lower East Side Girls ClubSUPPORT. | New York, NY | $50K | 2020 |
| Aspen Music Festivalsupport | Aspen, CO | $25K | 2020 |
| Adventure ScientistsSUPPORT. | Bozeman, MT | $20K | 2020 |
| Paypal Giving FundSUPPORT. | Washington, DC | $11K | 2020 |
| Maui MontessoriSUPPORT. | Makawao, HI | $10K | 2020 |
| Reef GuardiansSUPPORT. | Princeville, HI | $10K | 2020 |
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