Elizabeth M PFRIEM Foundation
The Elizabeth M. Pfriem Foundation is a private foundation based in Rye Brook, New York. It supports public charities working to improve the human condition, with a primary focus on people in the greater Bridgeport, Connecticut, area.
Elizabeth M PFRIEM Foundation at a glance
In short: Elizabeth M PFRIEM Foundation gave $2.5M across 33 grants in 2024 (avg $77K), mostly in Connecticut. 17% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,532,753
- +28.9% vs 2023
- Grants made (2024)
- 33
- +32.0% vs 2023
- Average grant
- $76,750
- -2.4% vs 2023
- Median grant
- $50,000
- Total assets
- $36,963,555
- -5.2% vs 2023
- New grantees (estimate)
- 17% first-time grantees (5 of 29, 2024)
- Primary geography
- Connecticut (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Elizabeth M PFRIEM Foundation
- Accepts unsolicited proposals
- No
- Invitation Only
-
The Foundation does not accept unsolicited requests for funds, and grant applications are by invitation only. Its website describes an initial Letter of Inquiry (LOI) process: it reviews LOIs on an ongoing basis and may invite organizations to submit a full application. Applications should be submitted only upon request. The guidelines state that the Foundation may request additional information or approve a grant after reviewing an LOI; receipt of an LOI does not indicate approval. The Foundation does not fund organizations that discriminate on listed grounds, lobbying or political activities, major research projects, commercial purposes, litigation, endowments, building campaigns, special events or annual funds, or direct grants to individuals.
- Review Cycle
- Applications received after October 15 will not be accepted for the current year; they may be included with the applicant’s request for the following year.
- Deadline
- Applications received after October 15 will not be accepted for the current year; they may be included with the…
- Contact
Mailing address: Montalto 800 Westchester Ave N-64, Rye Brook, NY 10573
Phone: (914) 872-4000
Website: https://pfriemfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Elizabeth M PFRIEM Foundation
Who Elizabeth M PFRIEM Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Bridgeport Hospital Foundation ($400K). Together the top 10 received $2.0M.
Grant Size Distribution
119 grants across all recorded years
The most common grant size was under $50K: 61 grants of 119 (51%).
Geographic Focus
Where this funder awards grants
The Foundation states that its primary focus is organizations serving the greater Bridgeport, Connecticut, area. It may consider LOIs from qualified organizations elsewhere in the United States if they provide services in that primary area. All grant dollars reported for 2024 went to recipients in Connecticut.
Grant Distribution by State
Share of 2024 grant dollars across all 33 itemized grants.
Cities
Is Elizabeth M PFRIEM Foundation open to new grantees?
17%
first-time grantees, 2024
In 2024, 5 of 29 grantees (17%) were first-time recipients. First grants averaged $37K; repeat grants $98K. How we count
Medians: $25K first-time, $55K repeat.
- 66% of 2024 grantees were also funded in 2023. Method
- Giving grew 82% from 2021 to 2024. Method
- In 2024 it paid out 118% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $946K (2020) to $2.5M (2024). In 2024 it made 33 grants totaling $2.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bridgeport Hospital Foundation Bridgeport, CT | Neurovascular Center for Excellence | $400,000 |
| Center for Family Justice Bridgeport, CT | Pathways to Hope | $300,000 |
| Wakeman Memorial Association Fairfield, CT | Madison Avenue Capital Campaign | $250,000 |
| Peak Academy Inc Newtown, CT | To Support Children & Families | $160,000 |
| Park City Initiative Corp Bridgeport, CT | Food and Feeding Programs | $150,000 |
| Discovery Museum Inc Bridgeport, CT | To Support Children & Families | $148,500 |
| Barnum Festival Pt Barnum Foundation Inc Bridgeport, CT | General Support | $100,000 |
| Housatonic Community College Foundation Bridgeport, CT | Equity Project | $100,000 |
| Catholic Charities of Fairfield County Bridgeport, CT | General Support | $100,000 |
| Center for Family Justice Bridgeport, CT | New Van and Operating Costs | $75,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $36,963,555 | $977,780 | $3,010,556 | $2,532,753 | 33 | $2,785,481 | $1,115,339 | $2,354,113 |
| 2023 | $38,997,778 | $1,256,312 | $2,455,603 | $1,965,460 | 25 | $2,229,514 | $1,059,223 | $2,388,562 |
| 2022 | $39,707,540 | $2,673,491 | $2,338,890 | $1,869,000 | 27 | $2,104,916 | $1,449,675 | $2,291,355 |
| 2021 | $38,992,708 | $15,606,722 | $1,975,965 | $1,393,380 | 23 | $1,673,055 | $3,264,650 | $1,990,876 |
| 2020 | $25,361,411 | $544,113 | $1,482,567 | $945,800 | 11 | — | $341,944 | $1,372,800 |
Under IRS private-foundation payout rules, Elizabeth M PFRIEM Foundation reported a distributable amount of $2.4M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation’s guidelines identify eligible organizations as 501(c)(3) public charities or their international equivalents, with fiscal responsibility and strong leadership and governance. It favors innovative organizations or programs poised for growth where its resources could have significant impact, and opportunities to leverage its support to encourage additional philanthropy.
Its 2024 grants included support for health care, family services, food programs, education, and community organizations. Grantees describe their own work in varied terms: Bridgeport Hospital Foundation says it supports Bridgeport Hospital through fundraising and promotes activities of the Yale New Haven Health System; Park City Initiative says it works to decrease food insecurity, aid families in crisis, and break generational cycles of poverty; and McGivney Community Center says it provides youth programs that foster academic success and self-esteem.
Grantmaking
In 2024, the Foundation awarded 33 grants totaling $2,532,753. Individual grants ranged from $8,500 to $400,000, with a median of $50,000. Among the largest grants were $400,000 to Bridgeport Hospital Foundation for a Neurovascular Center for Excellence; $300,000 to Center for Family Justice for Pathways to Hope; $250,000 to Wakeman Memorial Association for its Madison Avenue capital campaign; and $160,000 to Peak Academy for children and families. Other substantial awards included $150,000 to Park City Initiative for food and feeding programs and $148,500 to Discovery Museum for children and families.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Anthony V. Montalto as executive director and trustee, and Earl Shook and James Stewart as trustees.
Elizabeth M PFRIEM Foundation is led by Anthony V. Montalto, Executive Director & Trustee since 2021 (on filings since 2020); all 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Anthony V. Montalto
Executive Director & Trustee
Trustee → Executive Director & Trustee, 2021
On filings since 2020
10 hrs/week
$97K (2020) → $140K (2024)
Earl Shook
Trustee
On filings since 2020
2 hrs/week
$50K (2020) → $50K (2024)
James Stewart
Trustee
On filings since 2020
3 hrs/week
$25K (2020) → $25K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $140K, to Anthony V Montalto (Executive Director and Trustee). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Elizabeth M PFRIEM Foundation
How much does Elizabeth M PFRIEM Foundation give each year?
Elizabeth M PFRIEM Foundation gave $2.5M across 33 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.0M across 25 grants.
What is Elizabeth M PFRIEM Foundation's typical grant size?
Elizabeth M PFRIEM Foundation's median grant in 2024 was $50,000, and its average grant was $76,750, across 33 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Elizabeth M PFRIEM Foundation that year got $37K on average.
Where does Elizabeth M PFRIEM Foundation give grants?
Elizabeth M PFRIEM Foundation gives mostly in Connecticut: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Bridgeport, CT (21 grants), Fairfield, CT (3 grants) and Newtown, CT (2 grants).
Does Elizabeth M PFRIEM Foundation give general operating support?
Yes: 30% of Elizabeth M PFRIEM Foundation's 2024 grants with a stated purpose (10 of 33) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "To Support Children & Families" (3 grants) and "Education Grant" (3 grants).
Who are Elizabeth M PFRIEM Foundation's largest grantees?
Elizabeth M PFRIEM Foundation's largest 2024 grantees include Bridgeport Hospital Foundation ($400,000), Center for Family Justice ($375,000 across 2 grants) and Wakeman Memorial Association ($325,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 43% of its itemized 2024 grant dollars.
How large is Elizabeth M PFRIEM Foundation?
Elizabeth M PFRIEM Foundation reported $37.0M in total assets on its 2024 IRS Form 990-PF. It paid out $2.8M in qualifying distributions that year, against a required minimum of $2.4M (roughly 5% of its investment assets).
What does Elizabeth M PFRIEM Foundation fund?
The Foundation’s guidelines identify eligible organizations as 501(c)(3) public charities or their international equivalents, with fiscal responsibility and strong leadership and governance. See mission & focus areas ↑
How do I apply for a grant from Elizabeth M PFRIEM Foundation?
The Foundation does not accept unsolicited requests for funds, and grant applications are by invitation only. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Elizabeth M PFRIEM Foundation's EIN?
Elizabeth M PFRIEM Foundation's EIN (Employer Identification Number) is 46-5418223. IRS Form 990 filing data is available on this page for 2020–2024.
Does Elizabeth M PFRIEM Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS August 1, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Elizabeth M PFRIEM Foundation funds
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Cite this profile
Grantable. (2026). Elizabeth M PFRIEM Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/elizabeth-m-pfriem-foundation-morg_037bca0dbf344363a75b762cd61ed98b
BibTeX
@misc{grantable_465418223_2026,
author = {{Grantable}},
title = {{Elizabeth M PFRIEM Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/elizabeth-m-pfriem-foundation-morg_037bca0dbf344363a75b762cd61ed98b},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Elizabeth M PFRIEM Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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