Aletto Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $442K in total assets. In 2024, it awarded 8 grants totaling $91K. Net investment income was $118K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$442K
+31.7% YoY
Annual Giving
$91K
-3.0% YoY
Grant Count
8
-20.0% YoY
Avg Grant Size
$11K
+21.3% YoY
Under IRS private-foundation payout rules, Aletto Family Foundation reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.
About Aletto Family Foundation
Based on IRS filings
Aletto Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $442K in total assets. In 2024, it awarded 8 grants totaling $91K. Net investment income was $118K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $442,462 | $335,999 | $363,465 |
| Revenue | $245,588 | $97,903 | $311,277 |
| Expenses | $95,855 | $95,023 | $107,939 |
| Qualifying Distributions | $91,500 | $94,300 | $105,751 |
| Net Investment Income | $118,117 | $38,211 | $89,431 |
| Distributable Amount | $21,463 | $17,053 | $16,390 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Carmel Dads Club ($42,500), Children's Theraplay ($19,000), Duquesne University ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 500 FESTIVAL FOUNDATION INDIANAPOLIS, IN | GENERAL FUND | $5,000 |
| CARMEL DADS CLUB CARMEL, IN | GENERAL FUND | $42,500 |
| CAROLINE SYMMES INC CARMEL, IN | GENERAL FUND | $2,000 |
| CHILDREN'S MUSEUM OF INDIANAPOLIS INC INDIANAPOLIS, IN | GENERAL FUND | $5,000 |
| CHILDREN'S THERAPLAY CARMEL, IN | GENERAL FUND | $19,000 |
| DUQUESNE UNIVERSITY PITTSBURGH, PA | GENERAL FUND | $10,000 |
| MARIAN UNIVERSITY INDIANAPOLIS, IN | GENERAL FUND | $5,000 |
| EVAN'S SCHOLARS FOUNDATION GLENVIEW, IL | GENERAL FUND | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY ALETTO | OFFICER | 5 | — |
| ASHLEY ALETTO | OFFICER | 1 | — |
| BRADEN ALETTO | OFFICER | 1 | — |
| BRIENNE ALETTO | OFFICER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Aletto Family Foundation?
Aletto Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARMEL, IN. It holds $442K in total assets as of 2024.
How large is Aletto Family Foundation?
As of 2024, Aletto Family Foundation holds $442K in total assets with $246K in annual revenue. It awarded 8 grants totaling $91K in 2024.
Where does Aletto Family Foundation operate?
Aletto Family Foundation has awarded grants in Colorado, Illinois, Indiana, Pennsylvania.
What size grants does Aletto Family Foundation award?
In 2024, Aletto Family Foundation awarded 8 grants totaling $91K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Aletto Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Aletto Family Foundation reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Aletto Family Foundation's EIN?
Aletto Family Foundation's EIN (Employer Identification Number) is 26-2154774. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Aletto Family Foundation'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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