Armellino Family Foundation
Armellino Family Foundation is a private foundation, based in NORTH BEACH, NJ. IRS filing data is available from 2021 through 2024. In 2024, it awarded 4 grants totaling $2.1M. Net investment income was $40K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$2.1M
+792.5% YoY
Grant Count
4
-42.9% YoY
Avg Grant Size
$532K
+1461.9% YoY
About Armellino Family Foundation
Based on IRS filings
Armellino Family Foundation is a private foundation, based in NORTH BEACH, NJ. IRS filing data is available from 2021 through 2024. In 2024, it awarded 4 grants totaling $2.1M. Net investment income was $40K.
Ready to take the next step with Armellino Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| Total Assets | — | $996,449 | $1,271,985 |
| Revenue | $1,130,076 | $21,427 | $161,141 |
| Expenses | $2,126,525 | $238,427 | $129,224 |
| Qualifying Distributions | $2,126,350 | $238,250 | — |
| Net Investment Income | $40,405 | $44,190 | $161,141 |
| Distributable Amount | $86,249 | $92,716 | $91,408 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL R ARMELLINO | TRUSTEE | — | — |
| STEVEN G EINHORN | TRUSTEE | — | — |
| WILLIAM J KEALY | TRUSTEE | — | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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