Adolfo F Sardina Charitable Foundation Inc
Adolfo F Sardina Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $11.2M in total assets. In 2024, it awarded 7 grants totaling $355K. Net investment income was $250K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.2M
+2.0% YoY
Annual Giving
$355K
+41.4% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$51K
+1.0% YoY
Under IRS private-foundation payout rules, Adolfo F Sardina Charitable Foundation Inc reported a distributable amount of $569K for 2024 — the minimum it must pay out in qualifying distributions.
About Adolfo F Sardina Charitable Foundation Inc
Based on IRS filings
Adolfo F Sardina Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $11.2M in total assets. In 2024, it awarded 7 grants totaling $355K. Net investment income was $250K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,165,565 | $10,951,583 | — |
| Revenue | $668,502 | $11,041,666 | — |
| Expenses | $454,520 | $349,917 | — |
| Qualifying Distributions | $355,000 | $251,408 | — |
| Net Investment Income | $249,858 | $275,673 | — |
| Distributable Amount | $569,349 | $488,121 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Vincent Ferrer Roman Catholic Church ($225,000), Memorial Sloan-Kettering Cancer Center ($50,000), Fund for Armenian Relief ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| St Vincent Ferrer Roman Catholic Church New York, NY | unrestricted | $225,000 |
| Fund for Armenian Relief New York, NY | unrestricted | $25,000 |
| New York Public Radio-WQXR New York, NY | unrestricted | $10,000 |
| Memorial Sloan-Kettering Cancer Center New York, NY | unrestricted | $50,000 |
| Humane Society of New York New York, NY | unrestricted | $10,000 |
| Columbus Citizens Foundation New York, NY | scholarships | $20,000 |
| Street 2 Street Ridgewood, NJ | unrestricted | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joann T Palumbo | President-Director | 1 | — |
| John Steven Anderson | Secretary-Director | 1 | — |
| Fiorina Krikorian | Director | 1 | — |
| Robert Demmett | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Adolfo F Sardina Charitable Foundation Inc?
Adolfo F Sardina Charitable Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $11.2M in total assets as of 2024.
How large is Adolfo F Sardina Charitable Foundation Inc?
As of 2024, Adolfo F Sardina Charitable Foundation Inc holds $11.2M in total assets with $669K in annual revenue. It awarded 7 grants totaling $355K in 2024.
Where does Adolfo F Sardina Charitable Foundation Inc operate?
Adolfo F Sardina Charitable Foundation Inc has awarded grants in New Jersey, New York.
What size grants does Adolfo F Sardina Charitable Foundation Inc award?
In 2024, Adolfo F Sardina Charitable Foundation Inc awarded 7 grants totaling $355K — an average of about $51K per grant, based on its IRS Form 990 filings.
How much is Adolfo F Sardina Charitable Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Adolfo F Sardina Charitable Foundation Inc reported a distributable amount of $569K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Adolfo F Sardina Charitable Foundation Inc's EIN?
Adolfo F Sardina Charitable Foundation Inc's EIN (Employer Identification Number) is 88-4052931. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Adolfo F Sardina Charitable Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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