Angelo Brothers Company Founders is a private foundation focused on Education, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $659K in total assets. In 2024, it awarded 3 grants totaling $8K. Net investment income was $73K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$659K
+11.0% YoY
Annual Giving
$8K
-25.0% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$3K
+0.0% YoY
Under IRS private-foundation payout rules, Angelo Brothers Company Founders reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
About Angelo Brothers Company Founders
Based on IRS filings
Angelo Brothers Company Founders is a private foundation focused on Education, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $659K in total assets. In 2024, it awarded 3 grants totaling $8K. Net investment income was $73K.
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 | $658,629 | $593,444 | $544,554 |
| Revenue | $72,685 | $58,890 | $51,073 |
| Expenses | $7,500 | $10,000 | $10,000 |
| Qualifying Distributions | $7,500 | $10,000 | $10,000 |
| Net Investment Income | $72,685 | $58,890 | $51,073 |
| Distributable Amount | $41,603 | $34,269 | $31,055 |
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 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Anna Wilkins ($2,500), Christopher Pelc ($2,500), Jillian Hart ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ANNA WILKINS CINNAMINSON, NJ | EDUCATION SCHOLARSHIP | $2,500 |
| CHRISTOPHER PELC MORRISVILLE, PA | EDUCATION SCHOLARSHIP | $2,500 |
| JILLIAN HART PHILADELPHIA, PA | EDUCATION SCHOLARSHIP | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAYMOND ANGELO | TRUSTEE | — | — |
| JOHN ANGELO | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Angelo Brothers Company Founders?
Angelo Brothers Company Founders is a private foundation focused on Education, based in PHILADELPHIA, PA. It holds $659K in total assets as of 2024.
How large is Angelo Brothers Company Founders?
As of 2024, Angelo Brothers Company Founders holds $659K in total assets with $73K in annual revenue. It awarded 3 grants totaling $8K in 2024.
Where does Angelo Brothers Company Founders operate?
Angelo Brothers Company Founders has awarded grants in California, New Jersey, Pennsylvania.
What size grants does Angelo Brothers Company Founders award?
In 2024, Angelo Brothers Company Founders awarded 3 grants totaling $8K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Angelo Brothers Company Founders required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Angelo Brothers Company Founders reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Angelo Brothers Company Founders's EIN?
Angelo Brothers Company Founders's EIN (Employer Identification Number) is 23-2825756. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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