Dino Olivetti Foundation Inc
Dino Olivetti Foundation Inc is a private foundation focused on Arts and culture, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $920K in total assets. In 2025, it awarded 6 grants totaling $45K. Net investment income was $65K.
Dino Olivetti Foundation Inc at a glance
In short: Dino Olivetti Foundation Inc gave $45K across 6 grants in 2025 (avg $7K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $44,500
- +11.3% vs 2024
- Grants made (2025)
- 6
- +100.0% vs 2024
- Average grant
- $7,417
- -44.4% vs 2024
- Median grant
- $4,000
- Total assets
- $919,550
- -0.2% vs 2024
- Primary geography
- New York (75% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Dino Olivetti Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was American-Italian Cancer Foundation ($33K across 3 grants). Together the top 4 received $45K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 22 grants of 22 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How Dino Olivetti Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−17%). Method
- In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $36K (2021) to $54K (2022). In 2025 it made 6 grants totaling $45K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American-Italian Cancer Foundation New York, NY | General & Unrestricted | $25,000 |
| Childrens Heart Foundation Las Vegas, NV | Charitable Event | $10,000 |
| American-Italian Cancer Foundation New York, NY | the Breast Cancer/ Prostate cancer van fund | $5,000 |
| American-Italian Cancer Foundation New York, NY | Breast Cancer Screening fund | $3,000 |
| Groundworks Art Lab Inc Boulder, CO | General & Unrestricted | $1,000 |
| Dutchess Land Conservancy Inc Millbrook, NY | General & Unrestricted | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $919,550 | $73,140 | $75,039 | $44,500 | 6 | $66,250 | $64,898 | $67,782 |
| 2024 | $921,449 | $30,566 | $71,714 | $40,000 | 3 | $58,838 | $17,763 | $63,042 |
| 2023 | $962,597 | $26,179 | $78,485 | $51,000 | 4 | $71,107 | $18,801 | $59,849 |
| 2022 | $1,014,903 | $32,099 | $84,138 | $53,500 | 6 | $72,813 | $36,825 | $61,188 |
| 2021 | $1,066,942 | $88,226 | $67,878 | $36,000 | 3 | $56,548 | $77,748 | $65,132 |
| 2020 | $1,046,594 | $27,385 | $65,665 | $37,500 | 3 | — | $18,153 | $57,871 |
Under IRS private-foundation payout rules, Dino Olivetti Foundation Inc reported a distributable amount of $68K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Dino Olivetti Foundation Inc is led by Philip Olivetti, President & Director on every filing since 2020; 4 of 5 officers listed in 2025 are compensated.
Officers on the 2025 filing
Philip Olivetti
President & Director
On filings since 2020
1 hr/week
$2K (2020) → $2K (2025)
Cristina Spencer
Director
On filings since 2020
1 hr/week
$2K (2020) → $0 (2025)
Jaffray K Olivetti McMorrow
Director & Secretary
On filings since 2020
1 hr/week
$2K (2020) → $2K (2025)
Marc Olivetti
Director & Treasurer
On filings since 2020
1 hr/week
$2K (2020) → $2K (2025)
Peter Olivetti
Director
On filings since 2020
1 hr/week
$2K (2020) → $2K (2025)
Former officers (1)
- Former: Connie Olivetti (2020–2023) — Vice President & Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $2K, to Marc Olivetti (Dir, Treas). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Dino Olivetti Foundation Inc
How much does Dino Olivetti Foundation Inc give each year?
Dino Olivetti Foundation Inc gave $45K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $40K across 3 grants.
What is Dino Olivetti Foundation Inc's typical grant size?
Dino Olivetti Foundation Inc's median grant in 2025 was $4,000, and its average grant was $7,417, across 6 grants on its 2025 IRS Form 990-PF.
Where does Dino Olivetti Foundation Inc give grants?
Dino Olivetti Foundation Inc gives mostly in New York: 75% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Nevada (22%). The most frequent recipient cities were New York, NY (3 grants).
Does Dino Olivetti Foundation Inc give general operating support?
Yes: 50% of Dino Olivetti Foundation Inc's 2025 grants with a stated purpose (3 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Dino Olivetti Foundation Inc's largest grantees?
Dino Olivetti Foundation Inc's largest 2025 grantees include American-Italian Cancer Foundation ($33,000 across 3 grants), Childrens Heart Foundation ($10,000) and Groundworks Art Lab Inc ($1,000), according to its 2025 IRS Form 990-PF. Together they received 99% of its itemized 2025 grant dollars.
How large is Dino Olivetti Foundation Inc?
Dino Olivetti Foundation Inc reported $920K in total assets on its 2025 IRS Form 990-PF. It paid out $66K in qualifying distributions that year, against a required minimum of $68K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Dino Olivetti Foundation Inc?
Dino Olivetti Foundation Inc is a private foundation focused on Arts and culture, based in Wilmington, DE. It holds $920K in total assets as of 2025.
What is Dino Olivetti Foundation Inc's EIN?
Dino Olivetti Foundation Inc's EIN (Employer Identification Number) is 04-6043143. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 24, 2026)
- IRS filings on file for fiscal years 2020–2024
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