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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. Total assets have decreased from $59K in 2011 to $30K in 2024. The foundation is governed by 3 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. Grantmaking is concentrated in New York. 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 N/A 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.
Smallest Grant
$250
Median Grant
$1K
Average Grant
$3K
Largest Grant
$21K
Based on 55 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.
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 N/A 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 | N/A |
| Michael J Posillico | VICE PRESIDENT | $0 | $0 | N/A |
| Joseph D Posillico Iii | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$30K
Fair Market Value
N/A
Net Worth
$30K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| 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 |
| James Duffy Sr Local 138 Scholarship FundORGANIZATION | Farmingdale, NY | $3K | 2023 |
| The Maurer FoundationORGANIZATION | Melville, NY | $3K | 2023 |
| Allstars School For DevelopmentORGANIZATION | Newark, NJ | $3K | 2023 |
| Sportsmen For Charity IncORGANIZATION | New York, NY | $3K | 2023 |
| Crisis In TurkeyORGANIZATION | Washington, DC | $3K | 2023 |
| Ryan Anthony Head Start Fund IncORGANIZATION | West Babylon, NY | $3K | 2023 |
| March Of DimesORGANIZATION | Arlington, VA | $3K | 2023 |
| Peconic Hockey FoundationORGANIZATION | Wading River, NY | $3K | 2023 |
| Greater New York Coucil BsaORGANIZATION | New York, NY | $3K | 2023 |
| Local 1556ORGANIZATION | New York, NY | $3K | 2023 |
| National Brain Tumor SocietyORGANIZATION | Newton, MA | $3K | 2023 |
| Hope House MinistriesORGANIZATION | Port Jefferson, NY | $3K | 2023 |
| Suffolk County Detective Investigators PbaORGANIZATION | Bohemia, NY | $3K | 2023 |
| Leadership Mission InternationalORGANIZATION | Seattle, WA | $2K | 2023 |
| Hunters Point Parks ConservancyORGANIZATION | Long Island City, NY | $2K | 2023 |
| Kainoas OhanaORGANIZATION | Bangor, PA | $2K | 2023 |
| The MolesORGANIZATION | Montvale, NJ | $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 |
| Loggerhead Marinelife CenterORGANIZATION | Juno Beach, FL | $1K | 2023 |
| National Kidney FoundationORGANIZATION | New York, NY | $1K | 2023 |
| Island HarvestORGANIZATION | Melville, NY | $1K | 2023 |
| American Heart AssociationORGANIZATION | Dallas, TX | $1K | 2023 |
| Diabetes Research Institute FoundationORGANIZATION | New York, NY | $1K | 2023 |
| Nephcure Kidney InternationalORGANIZATION | King Of Prussia, PA | $1K | 2023 |
| Sunrise Day Camp Long IslandORGANIZATION | Wyandanch, NY | $1K | 2023 |
| Cooleys Anemia Foundation IncORGANIZATION | New York, NY | $1K | 2023 |
| Sco Family ServicesORGANIZATION | Glen Cove, NY | $1K | 2023 |
| St Louis De Montfort ChurchORGANIZATION | Sound Beach, NY | $1K | 2023 |
| Miller Place Ufsd District OfficeORGANIZATION | Miller Place, NY | $1K | 2023 |