Gaito-Nostro Shadow Foundation Inc

Private foundation · Grantmaker Fernandina Beach, FL EIN: 06-1595309

Gaito-Nostro Shadow Foundation Inc is a private foundation, based in Fernandina Beach, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $240K in total assets. In 2025, it awarded 4 grants totaling $12K. Net investment income was $1K.

Gaito-Nostro Shadow Foundation Inc at a glance

In short: Gaito-Nostro Shadow Foundation Inc gave $12K across 4 grants in 2025 (avg $3K), mostly in Florida. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$11,500
-12.9% vs 2024
Grants made (2025)
4
-33.3% vs 2024
Average grant
$2,875
+30.7% vs 2024
Median grant
$2,500
Total assets
$240,259
-3.7% vs 2024
Primary geography
Florida (100% 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 Gaito-Nostro Shadow Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

University of Florida: $6KUniversity of Florida$6KFlorida State University: $3KFlorida State University$3KJacsonville University: $2KJacsonville University$2KUniversity of Central Florida: $1KUniversity of Central Florida$1K

The largest 2025 recipient was University of Florida ($6K). Together the top 4 received $12K.

Grant Size Distribution

38 grants across all recorded years

38<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 38 grants of 38 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

JacksonvilleBostonGainsvilleTallahaseeOrlandoRochesterBronxStorrsCoral GablesFernandina BeachGainesvilleGreenwichBridgeportBuffaloDurhamOxfordStorrs MansfieldWest Palm BeachNew Haven

How Gaito-Nostro Shadow Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (−18%). Method
  • In 2025 it paid out 178% of its IRS minimum distribution (the 5% rule). 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

$0$10K$20K$30K$40K9 grants2019 8 grants2020 9 grants2021 10 grants2022 9 grants2023 6 grants2024 4 grants2025

From 2019 to 2025, annual grant giving ranged from $12K (2025) to $34K (2019). In 2025 it made 4 grants totaling $12K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Florida Gainsville, FLEducational$5,500
Florida State University Tallahasee, FLEducational$3,000
Jacsonville University Jacksonville, FLEducational$2,000
University of Central Florida Orlando, FLEducational$1,000
Your AI grants department

Ready to take the next step with Gaito-Nostro Shadow Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$240,259$30,100$41,878$11,5004$26,968$1,006$15,191
2024$249,423$44,237$57,505$13,2006$42,734$2,082—
2023$262,702$38,329$68,642$13,0509$50,107$810$18,276
2022$293,015$49,568$69,930$14,00010$51,086$456$14,405
2021$313,377$44,426$90,920$24,0009$68,659—$25,466
2020$365,993$34,938$92,018$26,0008——$29,286
2019$423,073$19,331$99,747$34,0009—$953$30,060

Under IRS private-foundation payout rules, Gaito-Nostro Shadow Foundation Inc reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Gaito-Nostro Shadow Foundation Inc is led by Michael J. Gaito, President since 2020 (on filings since 2019); all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Michael J. Gaito

    President

    President Treasurer → President, 2020

    On filings since 2019

    $38K (2019) → $13K (2025)

  • Lorraine W. Gaito

    Vice President

    Vice President Secretary → Vice President, 2020

    On filings since 2019

    $22K (2019) → $13K (2025)

Former officers (1)
  • Former: Elizabeth Awrig (2019–2021) — Director

Data from IRS Form 990 filings, 2019–2025. "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

Michael J Gaito — President/Tr: $13KMichael J GaitoPresident/Tr$13KLorraine Gaito — Vice Preside: $13KLorraine GaitoVice Preside$13K

The highest reported compensation on the 2025 filing was $13K, to Michael J Gaito (President/Tr). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Gaito-Nostro Shadow Foundation Inc

How much does Gaito-Nostro Shadow Foundation Inc give each year?

Gaito-Nostro Shadow Foundation Inc gave $12K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $13K across 6 grants.

What is Gaito-Nostro Shadow Foundation Inc's typical grant size?

Gaito-Nostro Shadow Foundation Inc's median grant in 2025 was $2,500, and its average grant was $2,875, across 4 grants on its 2025 IRS Form 990-PF.

Where does Gaito-Nostro Shadow Foundation Inc give grants?

Gaito-Nostro Shadow Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Gaito-Nostro Shadow Foundation Inc give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Gaito-Nostro Shadow Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (4 grants).

How large is Gaito-Nostro Shadow Foundation Inc?

Gaito-Nostro Shadow Foundation Inc reported $240K in total assets on its 2025 IRS Form 990-PF. It paid out $27K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets).

What is Gaito-Nostro Shadow Foundation Inc's EIN?

Gaito-Nostro Shadow Foundation Inc's EIN (Employer Identification Number) is 06-1595309. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 29, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Gaito-Nostro Shadow Foundation Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

American Chemical Society

Washington, DC

The American Chemical Society funds chemistry research, education, scholarships, fellowships, student activities, and related projects through programs for researchers, institutions, educators, students, and ACS groups. In 2024, grants ranged from $5,200 to $504,691, with a median of $31,252; funding supports U.S. and international research, though some programs are limited to U.S.-based applicants. The profile does not state whether ACS accepts unsolicited requests.

Science & Technology

Assets

$2.2B

Grants

341

Total Given

$22.4M

Ernst & Young Foundation

New York, NY

Ernst & Young Foundation supports higher education through employee and partner matching gifts, as well as educational and special-project grants, including research, education forums, and programs that expand educational opportunity. In 2025, it made 637 grants ranging from $5,056 to $316,005, with a median of $13,525, to recipients across multiple states; the largest shares went to New York, Texas, California, Michigan, and Pennsylvania. The profile does not state whether it accepts unsolicited requests.

Assets

$47.6M

Grants

637

Total Given

$16.7M

Northwestern University

Evanston, IL

Northwestern University funds research and community organizations, along with selected programs in community health, transportation research, and investigative journalism. Its 2025 grants ranged from $5,000 to $7.7 million, with a median of about $73,000; grants went largely to U.S. recipients, especially in Illinois, and its ANCHOR program focuses on Evanston and Chicago. The profile does not state whether it accepts unsolicited requests.

Assets

$20.8B

Grants

383

Total Given

$133.4M

KPMG US Foundation Inc

Montvale, NJ

KPMG US Foundation supports education, mental health, community vitality, and community relief and resilience, with grants distributed across the United States. Its 2025 grants had a median of $25,000, though amounts ranged from about $5,000 to $2.2 million. The available information does not say whether it accepts unsolicited requests.

Assets

$12.4M

Grants

387

Total Given

$33.5M

Tulsa Community Foundation

Tulsa, OK

Tulsa Community Foundation supports charitable causes through donor-advised grants and selected funds, including scholarships, emergency assistance, disaster relief, arts and humanities, healthcare, and financial literacy, primarily in the Tulsa metro area and eastern Oklahoma, with some giving elsewhere in the United States. Its 2024 median grant was $18,560; selected field-of-interest funds have application cycles, but the profile does not state whether it accepts unsolicited requests generally.

Assets

$1.1B

Grants

1,066

Total Given

$158.6M

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.

Assets

$594.3M

Grants

1

Total Given

$101.4M

More similar funders

More Funders in Florida

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Gaito-Nostro Shadow Foundation Inc'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.

Gaito-Nostro Shadow Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?