Acquavella Family Foundation

NEW YORK, NY EIN: 13-7140356

The Acquavella Family Foundation is a private grantmaking foundation based in New York City. Established in 1997 and tax-exempt since May 1999, the foundation operates as a 501(c)(3) organization with no direct program activities. It functions as a family foundation focused on philanthropic grantmaking.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.0M

-1.8% YoY

Annual Giving

$1.2M

-3.6% YoY

Grant Count

+21.6% YoY

Avg Grant Size

$28K

-20.8% YoY

Under IRS private-foundation payout rules, Acquavella Family Foundation reported a distributable amount of $694K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities emphasize the arts, with some support for animal welfare initiatives.

Grantmaking

The foundation made 46 grants in its most recent reporting year. Recent grant recipients include:

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Geographic Focus

Where this funder awards grants

The foundation operates primarily in the New York area, with a registered office at 18 E 79th Street, New York City, NY 10075-0106.

Grant Distribution by State

New York $4.7M (65%)

North Carolina $850K (12%)

Rhode Island $425K (6%)

Massachusetts $302K (4%)

Virginia $265K (4%)

Florida $233K (3%)

Connecticut $115K (2%)

Maine $100K (1%)

+5 more states

States

California Connecticut Florida Georgia Massachusetts Maine North Carolina New York Ohio Rhode Island Tennessee Virginia Vermont

Cities

AlexandriaAtlantaCharlottesvilleDeerfieldElmsfordGranvilleIthacaJupiterKeeneLong BeachMemphisNeedhamNew YorkNewportNortheast HarborOrlandoPalm BeachSag HarborSanta MonicaShelburne

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total Assets: $12,037,208
Total Revenues: $2,411,748
Total Expenses: $1,324,174
Investment Income and Dividends: $178,929
Net Gain from Sale of Non-Inventory Assets: $2,232,659

Historical Data (2023):

Total Assets: $12.3 million
Total Revenues: $8.12 million
Total Expenses: $1.31 million

The foundation carries no liabilities and maintains zero employees.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,037,208	$12,261,977	$5,465,080
Revenue	$2,411,748	$8,124,745	$244,390
Expenses	$1,324,174	$1,314,349	$1,396,533
Qualifying Distributions	$1,246,223	$1,292,477	$1,356,083
Net Investment Income	$2,351,057	$749,990	$203,940
Distributable Amount	$694,224	$326,457	$330,867

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

191 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Harlem Children's Zone ($247,000), St Georges School ($125,000), Southampton Playhouse ($100,000).

Recipient	Purpose	Amount
AMERICAN-ITALIAN CANCER FOUNDATION NEW YORK, NY	GENERAL PURPOSE	$4,000
AVENUES FOR JUSTICE NEW YORK, NY	GENERAL PURPOSE	$1,000
BREAST CANCER RESEARCH FOUNDATION NEW YORK, NY	GENERAL PURPOSE	$55,000
CALVARY EPISCOPAL CHURCH MEMPHIS, TN	GENERAL PURPOSE	$10,000
CHARITIES AID FOUNDATION OF AMERICA ALEXANDRIA, VA	GENERAL PURPOSE	$10,000
CONVENT OF THE SACRED HEART NEW YORK, NY	GENERAL PURPOSE	$11,000
DEERFIELD ACADEMY DEERFIELD, MA	GENERAL PURPOSE	$60,000
DENISON UNIVERSITY GRANVILLE, OH	GENERAL PURPOSE	$10,000
EAGLEBROOK SCHOOL DEERFIELD, MA	GENERAL PURPOSE	$500
FOUNDATION FOR ITALIAN ART & CULTURE NEW YORK, NY	GENERAL PURPOSE	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WILLIAM R ACQUAVELLA	TRUSTEE	2	—
DONNA JO ACQUAVELLA	TRUSTEE	2	—

Contact Information

Telephone: 212-734-6300

EIN: 13-7140356

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Acquavella Family Foundation fund?

The foundation's giving priorities emphasize the arts, with some support for animal welfare initiatives.

How do I apply for a grant from Acquavella Family Foundation?

The foundation made 46 grants in its most recent reporting year. Recent grant recipients include: • Harlem Children's Zone ($247,000) • St George's School ($125,000) • Southampton Playhouse ($100,000) Total grant distributions in the most recent year reached approximately $1.3 million across all grants made.

Where does Acquavella Family Foundation make grants?

The foundation operates primarily in the New York area, with a registered office at 18 E 79th Street, New York City, NY 10075-0106.

What size grants does Acquavella Family Foundation award?

In 2024, Acquavella Family Foundation awarded 45 grants totaling $1.2M — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is Acquavella Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Acquavella Family Foundation reported a distributable amount of $694K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.