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Sons & Daughters Of Italy Foundation Inc. is a private corporation based in NORWALK, CT. The foundation received its IRS ruling in 2021. It holds total assets of $1.2M. Annual income is reported at $177K. Total assets have grown from N/A in 2020 to $1.3M in 2023. The foundation is governed by 7 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 2021 to 2024. According to available records, Sons & Daughters Of Italy Foundation Inc. has made 6 grants totaling $135K, with a median grant of $23K. Annual giving has grown from $55K in 2023 to $80K in 2024. Individual grants have ranged from $200 to $50K, with an average award of $23K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Connecticut and New York. Contributions to this foundation are tax-deductible.
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.
Sons & Daughters Of Italy Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CT, NY.
Sons & Daughters Of Italy Foundation Inc. has distributed a total of $135K across 6 grants. The median grant size is $23K, with an average of $23K. Individual grants have ranged from $200 to $50K.
Sons & Daughters Of Italy Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Sons & Daughters Of Italy Foundation Inc. is headquartered in NORWALK, CT. While based in CT, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anthony Perrone | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| John Cardamone | DIRECTOR | $0 | $0 | N/A |
| John Troy | DIRECTOR | $0 | $0 | N/A |
| James Anderson | DIRECTOR | $0 | $0 | N/A |
| Fred Bondi | VICE PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Carmine Ragosa | TREASURER & DIRECTOR | $0 | $0 | N/A |
| Marie Dicerto Iannazzi | SECRETARY & DIRECTOR | $0 | $0 | N/A |
Total Giving
$88K
Total Assets
$1.3M
Fair Market Value
$1.2M
Net Worth
$1.3M
Grants Paid
$80K
Contributions
N/A
Net Investment Income
$21K
Distribution Amount
$57K
Total: $1.2M
Total Grants
6
Total Giving
$135K
Average Grant
$23K
Median Grant
$23K
Unique Recipients
2
Most Common Grant
$30K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Covenant HouseUNRESTRICTED DONATION | New York, NY | $200 | 2023 |
| Pietro Micca Lodge No 744 IncCOLLEGE SCHOLARSHIPS. | Norwalk, CT | $50K | 2024 |