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Posillico Group Foundation Inc. is a private corporation based in FARMINGDALE, NY. The foundation received its IRS ruling in 2006. The principal officer is % Joseph K Posillico. It holds total assets of $30K. Annual income is reported at $361K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Posillico Group Foundation Inc. has made 310 grants totaling $1.3M, with a median grant of $2K. Annual giving has grown from $159K in 2020 to $378K in 2023. Grantmaking activity was highest in 2022 with $737K distributed across 174 grants. Individual grants have ranged from $87 to $100K, with an average award of $4K. The foundation has supported 151 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, South Carolina, which account for 75% of all grants. Grantmaking reaches organizations across 19 states. Contributions to this foundation are tax-deductible.
Posillico Group Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 310 grants. Its grantmaking reaches organizations primarily in NY, PA, SC.
Posillico Group Foundation Inc. has distributed a total of $1.3M across 310 grants. The median grant size is $2K, with an average of $4K. Individual grants have ranged from $87 to $100K.
Posillico Group Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Posillico Group Foundation Inc. is headquartered in FARMINGDALE, NY. While based in NY, the foundation distributes grants to organizations across 19 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph K Posillico | PRESIDENT | $0 | $0 | $0 |
| Michael J Posillico | VICE PRESIDENT | $0 | $0 | $0 |
| Joseph D Posillico Iii | SECRETARY | $0 | $0 | $0 |
Total Giving
$378K
Total Assets
$47K
Fair Market Value
$47K
Net Worth
$47K
Grants Paid
$378K
Contributions
$399K
Net Investment Income
$0
Distribution Amount
$2K
Total Grants
310
Total Giving
$1.3M
Average Grant
$4K
Median Grant
$2K
Unique Recipients
151
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stony Brook FoundationORGANIZATION | Stony Brook, NY | $6K | 2023 |
| If FoundationORGANIZATION | New York, NY | $5K | 2023 |
| Jtm FoundationORGANIZATION | Woodinville, WA | $3K | 2023 |
| American Cancer SocietyORGANIZATION | Hauppauge, NY | $2K | 2023 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Nylcv Education FundORGANIZATION |
| New York, NY |
| $91K |
| 2023 |
| Clemson University FondationORGANIZATION | Clemson, SC | $50K | 2023 |
| Villanova UniversityORGANIZATION | Villanova, PA | $50K | 2023 |
| The Clark Gillies FoundationORGANIZATION | Farmingdale, NY | $19K | 2023 |
| Friends AcademyORGANIZATION | Locust Valley, NY | $18K | 2023 |
| Molloythe Energeia PartnershipORGANIZATION | East Farmingdale, NY | $10K | 2023 |
| Family Service LeagueORGANIZATION | Huntington, NY | $8K | 2023 |
| Ferrandino & Son FoundationORGANIZATION | Farmingdale, NY | $6K | 2023 |
| Oasis-A Haven For Women And ChildrenORGANIZATION | Paterson, NJ | $6K | 2023 |
| Joe Sef IncORGANIZATION | Staten Island, NY | $5K | 2023 |
| Town Of Babylon IdaORGANIZATION | Babylon, NY | $5K | 2023 |
| Memorial Sloan Kettering Cancer CenterORGANIZATION | New York, NY | $5K | 2023 |
| Contractors For KidsORGANIZATION | Islandia, NY | $5K | 2023 |
| Forsgate Foundation IncORGANIZATION | Monroe Township, NJ | $4K | 2023 |
| Pal-O-Mine Equestrian IncORGANIZATION | Islandia, NY | $4K | 2023 |
| The Maurer FoundationORGANIZATION | Melville, NY | $3K | 2023 |
| James Duffy Sr Local 138 Scholarship FundORGANIZATION | Farmingdale, NY | $3K | 2023 |
| Sportsmen For Charity IncORGANIZATION | New York, NY | $3K | 2023 |
| Allstars School For DevelopmentORGANIZATION | Newark, NJ | $3K | 2023 |
| Crisis In TurkeyORGANIZATION | Washington, DC | $3K | 2023 |
| Ryan Anthony Head Start Fund IncORGANIZATION | West Babylon, NY | $3K | 2023 |
| Greater New York Coucil BsaORGANIZATION | New York, NY | $3K | 2023 |
| National Brain Tumor SocietyORGANIZATION | Newton, MA | $3K | 2023 |
| Suffolk County Detective Investigators PbaORGANIZATION | Bohemia, NY | $3K | 2023 |
| Peconic Hockey FoundationORGANIZATION | Wading River, NY | $3K | 2023 |
| Local 1556ORGANIZATION | New York, NY | $3K | 2023 |
| Hope House MinistriesORGANIZATION | Port Jefferson, NY | $3K | 2023 |
| March Of DimesORGANIZATION | Arlington, VA | $3K | 2023 |
| Kainoas OhanaORGANIZATION | Bangor, PA | $2K | 2023 |
| Leadership Mission InternationalORGANIZATION | Seattle, WA | $2K | 2023 |
| The MolesORGANIZATION | Montvale, NJ | $2K | 2023 |
| Hunters Point Parks ConservancyORGANIZATION | Long Island City, NY | $2K | 2023 |
| Tunnel To Towers FoundationORGANIZATION | Staten Island, NY | $2K | 2023 |
| Cristo Rey Brooklyn High SchoolORGANIZATION | Brooklyn, NY | $2K | 2023 |
| Alzheimers AssociationORGANIZATION | Melville, NY | $2K | 2023 |
| National Kidney FoundationORGANIZATION | New York, NY | $1K | 2023 |
| Loggerhead Marinelife CenterORGANIZATION | Juno Beach, FL | $1K | 2023 |
| Island HarvestORGANIZATION | Melville, NY | $1K | 2023 |
| American Heart AssociationORGANIZATION | Dallas, TX | $1K | 2023 |
| Diabetes Research Institute FoundationORGANIZATION | New York, NY | $1K | 2023 |
| The Global Giving Tree IncORGANIZATION | Brightwaters, NY | $1K | 2023 |
| The Jewish BoardORGANIZATION | Bronx, NY | $1K | 2023 |
| Nephcure Kidney InternationalORGANIZATION | King Of Prussia, PA | $1K | 2023 |
| Miller Place Ufsd District OfficeORGANIZATION | Miller Place, NY | $1K | 2023 |
| Restore NycORGANIZATION | Bowling Green Station, NY | $1K | 2023 |
| Rockville Centre American LegionORGANIZATION | Rockville Centre, NY | $1K | 2023 |
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