Armellino Family Foundation

NORTH BEACH, NJ EIN: 13-3437932

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

AustinBrewsterBrooklineCleveland HeightsEdisonHackensackHightstownJacksonManahawkinMemphisNew YorkPhiladelphiaPortlandStaten IslandWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$585K$1M$2M$2M202120232024
Metric202420232021
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

$0$532K$1M$2M$2M14 grants20217 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

UNIVERSITY OF PENNSYLVANIA$2.1MHACKENSACK MERIDIAN HEALTH$5KNEW JERSEY ANGELS$2KMEMORIAL SLOAN KETTERING$1K

Grant Size Distribution

25 grants across all recorded years

22<$50K1$50–100K1$100–250K$250–500K$500K–1M1$1–5M$5M+

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

NameTitleHoursCompensation
MICHAEL R ARMELLINOTRUSTEE
STEVEN G EINHORNTRUSTEE
WILLIAM J KEALYTRUSTEE

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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