Barbara & Julian Cherubini Foundation

WILMINGTON, DE EIN: 86-2726147

Barbara & Julian Cherubini Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $11.4M in total assets. In 2024, it awarded 6 grants totaling $615K. Net investment income was $745K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$11.4M

-1.1% YoY

Annual Giving

$615K

-39.4% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$103K

-59.6% YoY

Under IRS private-foundation payout rules, Barbara & Julian Cherubini Foundation reported a distributable amount of $658K for 2024 — the minimum it must pay out in qualifying distributions.

About Barbara & Julian Cherubini Foundation

Based on IRS filings

Barbara & Julian Cherubini Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $11.4M in total assets. In 2024, it awarded 6 grants totaling $615K. Net investment income was $745K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BostonNew YorkProvidence

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M2021202220232024
Metric202420232022
Total Assets$11,437,280$11,566,179$12,192,966
Revenue$599,260$478,813$2,214,198
Expenses$728,159$1,105,600$678,045
Qualifying Distributions$642,741$1,031,153$505,823
Net Investment Income$744,955$1,587,714$3,525,710
Distributable Amount$658,483$585,830$509,064

Giving Over Time

Total grant dollars and number of grants per year

$0$254K$508K$761K$1M0 grants20214 grants20224 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

MASSACHUSETTS GENERAL HO…$350KMICHAEL J FOX FOUNDATION…$200KINSTITUTE OF CONTEMPORAR…$20KRHODE ISLAND SCHOOL OF D…$20KINSTITUTE OF CONTEMPORAR…$15KMICHAEL J FOX FOUNDATION…$10K

Grant Size Distribution

14 grants across all recorded years

8<$50K$50–100K2$100–250K3$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Massachusetts General Hospital ($350,000), Michael J Fox Foundation for Parkinsons Research ($200,000), Institute of Contemporary Art ($20,000).

RecipientPurposeAmount
INSTITUTE OF CONTEMPORARY ART BOSTON, MAFund For the Future II$20,000
INSTITUTE OF CONTEMPORARY ART BOSTON, MAEvent Sponsor$15,000
MASSACHUSETTS GENERAL HOSPITAL BOSTON, MACherubini Family Endowed Chair in Neurology Fund$350,000
MICHAEL J FOX FOUNDATION FOR PARKINSONS RESEARCH NEW YORK, NYShuck Parkinsons Fund$200,000
MICHAEL J FOX FOUNDATION FOR PARKINSONS RESEARCH NEW YORK, NYCharitable Event$10,000
RHODE ISLAND SCHOOL OF DESIGN PROVIDENCE, RICeramic Department Scholarship Fund$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Alexandra A CherubiniDir, Sec2
Barbara A CherubiniDir, Pres2
Nicole A CherubiniDir, Treas2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Barbara & Julian Cherubini Foundation?

Barbara & Julian Cherubini Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $11.4M in total assets as of 2024.

How large is Barbara & Julian Cherubini Foundation?

As of 2024, Barbara & Julian Cherubini Foundation holds $11.4M in total assets with $599K in annual revenue. It awarded 6 grants totaling $615K in 2024.

Where does Barbara & Julian Cherubini Foundation operate?

Barbara & Julian Cherubini Foundation has awarded grants in Massachusetts, New York, Rhode Island.

What size grants does Barbara & Julian Cherubini Foundation award?

In 2024, Barbara & Julian Cherubini Foundation awarded 6 grants totaling $615K — an average of about $103K per grant, based on its IRS Form 990 filings.

How much is Barbara & Julian Cherubini Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Barbara & Julian Cherubini Foundation reported a distributable amount of $658K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Barbara & Julian Cherubini Foundation's EIN?

Barbara & Julian Cherubini Foundation's EIN (Employer Identification Number) is 86-2726147. IRS Form 990 filing data is available on this page for 2021–2024.

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

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