Americo D Lapati Charitable Trust

DALLAS, TX EIN: 05-0498583

Americo D Lapati Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $706K in total assets. In 2025, it awarded 3 grants totaling $29K. Net investment income was $58K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$706K

+2.4% YoY

Annual Giving

$29K

-12.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$10K

-12.3% YoY

Under IRS private-foundation payout rules, Americo D Lapati Charitable Trust reported a distributable amount of $41K for 2025 — the minimum it must pay out in qualifying distributions.

About Americo D Lapati Charitable Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $163K (100%)

States

Rhode Island

Cities

CranstonCumberlandPawtucket

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$706,319	$689,915	$696,051
Revenue	$68,152	$24,979	$-16,416
Expenses	$43,660	$46,260	$44,165
Qualifying Distributions	$34,389	$38,058	$33,008
Net Investment Income	$58,461	$14,689	$7,162
Distributable Amount	$41,496	$38,428	$36,283

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Mount St Rita Health Centre ($14,528), Saint Raphael Academy ($7,265), Saint Mary's School ($7,265).

Recipient	Purpose	Amount
SAINT RAPHAEL ACADEMY PAWTUCKET, RI	UNRESTRICTED GENERAL	$7,265
MOUNT ST RITA HEALTH CENTRE CUMBERLAND, RI	UNRESTRICTED GENERAL	$14,528
SAINT MARY'S SCHOOL CRANSTON, RI	UNRESTRICTED GENERAL	$7,265

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$11,952

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Americo D Lapati Charitable Trust?

Americo D Lapati Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $706K in total assets as of 2025.

How large is Americo D Lapati Charitable Trust?

As of 2025, Americo D Lapati Charitable Trust holds $706K in total assets with $68K in annual revenue. It awarded 3 grants totaling $29K in 2025.

Where does Americo D Lapati Charitable Trust operate?

Americo D Lapati Charitable Trust has awarded grants in Rhode Island.

What size grants does Americo D Lapati Charitable Trust award?

In 2025, Americo D Lapati Charitable Trust awarded 3 grants totaling $29K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Americo D Lapati Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Americo D Lapati Charitable Trust reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Americo D Lapati Charitable Trust's EIN?

Americo D Lapati Charitable Trust's EIN (Employer Identification Number) is 05-0498583. IRS Form 990 filing data is available on this page for 2021–2025.