Annabelle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $469K in total assets. In 2024, it awarded 15 grants totaling $47K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$469K
+89.7% YoY
Annual Giving
$47K
+4.4% YoY
Grant Count
15
-34.8% YoY
Avg Grant Size
$3K
+60.1% YoY
Under IRS private-foundation payout rules, Annabelle Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
About Annabelle Foundation
Based on IRS filings
Annabelle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $469K in total assets. In 2024, it awarded 15 grants totaling $47K. Net investment income was $7K.
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 | $469,237 | $247,332 | $5,740 |
| Revenue | $210,613 | $279,274 | $75,000 |
| Expenses | $47,467 | $45,446 | $79,189 |
| Qualifying Distributions | $47,000 | $45,000 | $79,000 |
| Net Investment Income | $7,495 | $3,470 | — |
| Distributable Amount | $18,287 | $11,711 | $850 |
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
109 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Brooklyn Book Bodega ($5,000), Power of Two a Project of the Fund ($5,000), Sidewalk Samaritan Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A LITTLE FOOD AND COMMUNITY INC WEST BABYLON, NY | GENERAL DONATION | $2,000 |
| BAY RIDGE CARES INC BROOKLYN, NY | GENERAL DONATION | $2,000 |
| BROOKLYN BOOK BODEGA BROOKLYN, NY | GENERAL DONATION | $5,000 |
| CITY GROWERS BROOKLYN, NY | GENERAL DONATION | $2,000 |
| DROSTE MENTAL HEALTH SERVICES INC NEW YORK, NY | GENERAL DONATION | $2,000 |
| GOOD CALL BROOKLYN, NY | GENERAL DONATION | $2,000 |
| MEET THE WRITERS INC BROOKLYN, NY | GENERAL DONATION | $4,000 |
| ONE WORLD ONE LOVE NJ SUMMIT, NJ | GENERAL DONATION | $2,000 |
| POWER OF TWO A PROJECT OF THE FUND NEW YORK, NY | GENERAL DONATION | $2,000 |
| POWER OF TWO A PROJECT OF THE FUND BROOKLYN, NY | GENERAL DONATION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTINE GALLO | PRESIDENT | — | — |
| ALAN GALLO | TREAS/SECY | — | — |
| ANDREW GALLO | DIRECTOR | — | — |
| CAROLINE GALLO | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Annabelle Foundation?
Annabelle Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. It holds $469K in total assets as of 2024.
How large is Annabelle Foundation?
As of 2024, Annabelle Foundation holds $469K in total assets with $211K in annual revenue. It awarded 15 grants totaling $47K in 2024.
Where does Annabelle Foundation operate?
Annabelle Foundation has awarded grants in New Jersey, New York.
What size grants does Annabelle Foundation award?
In 2024, Annabelle Foundation awarded 15 grants totaling $47K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Annabelle Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Annabelle Foundation reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Annabelle Foundation's EIN?
Annabelle Foundation's EIN (Employer Identification Number) is 85-3522306. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Annabelle 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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