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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. Total assets have grown from $33.8M in 2011 to $46.7M in 2024. The foundation is governed by 4 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 2024. The foundation primarily funds organizations in California, New York and Colorado. 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.
Smallest Grant
$10K
Median Grant
$92K
Average Grant
$92K
Largest Grant
$346K
Based on 18 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.
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 | N/A |
| Nancy Furlotti | President | $0 | $0 | N/A |
| Patrick Furlotti | Director | $0 | $0 | N/A |
| Michael Furlotti | Treasurer | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$46.7M
Fair Market Value
N/A
Net Worth
$46.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| AcluSUPPORT. | New York, NY | $100K | 2022 |
| The Freer Gallery Of ArtSUPPORT. | Washington, DC | $100K | 2022 |
| Everytown For Gun SafetySUPPORT. | New York, NY | $100K | 2022 |
| Aspen Center For EnvironmentalSUPPORT. | Aspen, CO | $100K | 2022 |
| Music Associates Of AspenSUPPORT. | Aspen, CO | $100K | 2022 |
| Asian University For Women FoundatiSUPPORT. | Cambridge, MA | $100K | 2022 |
| McdsSUPPORT. | Corte Madera, CA | $90K | 2022 |
| Aspen Hope CenterSUPPORT. | Aspen, CO | $65K | 2022 |
| Planned ParenthoodSUPPORT | New York, NY | $60K | 2022 |
| Centra Minnesota Community FoundatiSUPPORT | St Cloud, MN | $50K | 2022 |
| Aim For High SchoolSUPPORT. | San Francisco, CA | $50K | 2022 |
| Foundation For Anthropological StudSUPPORT. | Rupert, ID | $50K | 2022 |
| George Balachine FoundationSUPPORT | New York, NY | $50K | 2022 |
| The Santa Fe InstituteSUPPORT. | Santa Fe, NM | $25K | 2022 |
| Central Coast Vineyard TeamSUPPORT | Atascader, CA | $20K | 2022 |
| Mayo ClinicSUPPORT | Rochester, MN | $15K | 2022 |
| Roaring Fork Early Learning FundSUPPORT. | Glenwood Springs, CO | $15K | 2022 |
| Catholic Community Services Lane CoSUPPORT | Eugene, OR | $13K | 2022 |
| San Francisco Marin Food BankSUPPORT. | San Francisco, CA | $10K | 2022 |
| Mountain Top StringsSUPPORT. | Big Bear, 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 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA