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Pietro Charitable Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 1999. The principal officer is Merrill Lynch Trust Co Of Ny. It holds total assets of $284K. Annual income is reported at $28K. Total assets have grown from $171K in 2011 to $281K in 2023. The foundation is governed by 1 officer or trustee. 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 2021 to 2024. Funding is distributed across 7 states, including New York, Indiana, Texas. According to available records, Pietro Charitable Foundation has made 15 grants totaling $25K, with a median grant of $1K. The foundation has distributed between $12K and $13K annually from 2023 to 2024. Individual grants have ranged from $150 to $7K, with an average award of $2K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New York, Tennessee, Massachusetts, which account for 73% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$3K
Based on 8 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.
Pietro Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in NY, TN, MA.
Pietro Charitable Foundation has distributed a total of $25K across 15 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $150 to $7K.
Pietro Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pietro Charitable Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $3K | $0 | $3K |
Total Giving
$15K
Total Assets
$281K
Fair Market Value
$325K
Net Worth
$281K
Grants Paid
$12K
Contributions
N/A
Net Investment Income
$20K
Distribution Amount
$15K
Total: N/A
Total Grants
15
Total Giving
$25K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
8
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Epilepsy Institute FoundationGENERAL OPERATING | New York, NY | $6K | 2024 |
| Like A DaisyGENERAL OPERATING | Roslyn, NY | $2K | 2024 |
| Alzheimers Disease Research FoundationGENERAL OPERATING | Wellesley Hills, MA | $1K | 2024 |
| T1 International UsaGENERAL OPERATING | Portland, OR | $1K | 2024 |
| Alsac St Judes Children'S Research HospGENERAL OPERATING | Memphis, TN | $1K | 2024 |
| Breast Cancer Research FoundationGENERAL OPERATING | New York, NY | $1K | 2024 |
| American Heart AssociationGENERAL OPERATING | Dallas, TX | $500 | 2024 |
| AspcaGENERAL OPERATING | New York, NY | $150 | 2024 |