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Piccinini Pesco Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2021. The principal officer is Foundation Source. It holds total assets of $1.9M. Annual income is reported at $105K. Total assets have decreased from $4M in 2020 to $2.5M in 2023. The foundation is governed by 2 officers and trustees. The primary purpose of the organization is to provide financial support to other charitable, religious, educational, scientific and other organizations that qualify as public charities which are exempt organizations under section 501(c)(3) or section 170(c) of the internal revenue code and the foundation's grants program will directly further that purpose by supporting public charities with purposes aligned with the organization's philanthropic objectives. The organization did not award any grants in 2020. However, the organization anticipates that (to the extent practicable) it will enter into grant agreements with grant recipients in 2021. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Piccinini Pesco Family Foundation has made 32 grants totaling $4.7M, with a median grant of $50K. Annual giving has decreased from $1.7M in 2021 to $690K in 2023. Grantmaking activity was highest in 2022 with $2.3M distributed across 18 grants. Individual grants have ranged from $3K to $1M, with an average award of $147K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in California and New York. Contributions to this foundation are tax-deductible.
The primary purpose of the organization is to provide financial support to other charitable, religious, educational, scientific and other organizations that qualify as public charities which are exempt organizations under section 501(c)(3) or section 170(c) of the internal revenue code and the foundation's grants program will directly further that purpose by supporting public charities with purposes aligned with the organization's philanthropic objectives. The organization did not award any grants in 2020. However, the organization anticipates that (to the extent practicable) it will enter into grant agreements with grant recipients in 2021.
The primary purpose of the organization is to provide financial support to other charitable, religious, educational, scientific and other organizations that qualify as public charities which are exempt organizations under section 501(c)(3) or section 170(c) of the internal revenue code and the foundation's grants program will directly further that purpose by supporting public charities with purposes aligned with the organization's philanthropic objectives. The organization did not award any grants in 2020. However, the organization anticipates that (to the extent practicable) it will enter into grant agreements with grant recipients in 2021. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in CA, NY.
Piccinini Pesco Family Foundation has distributed a total of $4.7M across 32 grants. The median grant size is $50K, with an average of $147K. Individual grants have ranged from $3K to $1M.
Piccinini Pesco Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Piccinini Pesco Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicole Piccinini Pesco | Dir, Pres | $0 | $0 | N/A |
| Jennifer Stonier | CFO, Sec | $0 | $0 | N/A |
Total Giving
$722K
Total Assets
$2.5M
Fair Market Value
$2.5M
Net Worth
$2.5M
Grants Paid
$690K
Contributions
N/A
Net Investment Income
$128K
Distribution Amount
$134K
Total Grants
32
Total Giving
$4.7M
Average Grant
$147K
Median Grant
$50K
Unique Recipients
14
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Richmond Community FoundationThe Black Wealth Builders Fund | Richmond, CA | $25K | 2023 |
| Stanislaus Community FoundationThe Piccinini Pesco Family Fund | Modesto, CA | $500K | 2023 |
| Urban Habitat ProgramRising Juntos Fund | Oakland, CA | $75K | 2023 |
| East Bay Community FoundationJust East Bay Fund | Oakland, CA | $50K | 2023 |
| Gallo Center For The Arts IncGeneral & Unrestricted | Modesto, CA | $25K | 2023 |
| The Philanthropy Workshop IncGeneral & Unrestricted | New York, NY | $12K | 2023 |
| Big Valley Grace Community Church & Big Valley ChrGeneral & Unrestricted | Modesto, CA | $3K | 2023 |
| Modesto Childrens Museum IncMuseum Building Fund | Modesto, CA | $400K | 2022 |
| Oakland PromiseGeneration Fund | Oakland, CA | $80K | 2022 |
| De Marillac AcademyGeneral & Unrestricted | San Francisco, CA | $50K | 2022 |
| PolicylinkGeneral & Unrestricted | Oakland, CA | $150K | 2021 |
| California Pacific Medical Center FoundationGeneral & Unrestricted | San Francisco, CA | $100K | 2021 |
| Save Mart Cares FoundationGeneral & Unrestricted | Modesto, CA | $100K | 2021 |
| Golden State Warriors Community FoundationAnnual program which supports various education and youth development nonprofits in Alameda and San Francisco counties | San Francisco, CA | $25K | 2021 |