Giordano Foundation Inc
Giordano Foundation Inc is a private foundation based in Vero Beach, Florida. Its 2025 filing reports grants to charitable organizations in Florida, Massachusetts, New Jersey, and Tennessee.
Giordano Foundation Inc at a glance
In short: Giordano Foundation Inc gave $69K across 15 grants in 2025 (avg $5K), top state Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $68,500
- +101.5% vs 2024
- Grants made (2025)
- 15
- +114.3% vs 2024
- Average grant
- $4,567
- -6.0% vs 2024
- Median grant
- $5,000
- Total assets
- $506,473
- -9.0% vs 2024
- Primary geography
- Massachusetts (45% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Giordano Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1212 Castaway Blvd, Vero Beach, FL 32963-2419
Phone: (908) 234-2100
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Giordano Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Youth Sailing Foundation ($10K). Together the top 10 received $66K.
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 45 grants of 46 (98%).
Geographic Focus
Where this funder awards grants
The foundation’s 2025 grant dollars went to recipients in Massachusetts (45%), Florida (39%), New Jersey (15%), and Tennessee (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 15 itemized grants.
Cities
How Giordano Foundation Inc gives
- 29% of 2025 grantees were also funded in 2024. Method
- Giving grew 134% from 2022 to 2025. Method
- In 2025 it paid out 266% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). 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 2019 to 2025, annual grant giving ranged from $4K (2020) to $75K (2023). In 2025 it made 15 grants totaling $69K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Youth Sailing Foundation Vero Beach, FL | Charitable | $10,000 |
| Island Autism Edgartown, MA | Charitable | $10,000 |
| Jackson Baptist Church Jackson TWP, NJ | Charitable | $10,000 |
| The Vineyard Preservation Trust Edgartown, MA | Charitable | $5,000 |
| Wheels and Keels Foundation Vero Beach, FL | Charitable | $5,000 |
| Habitat for Humanity - Indian River County Vero Beach, FL | Charitable | $5,000 |
| Quail Valley Charities Vero Beach, FL | Charitable | $5,000 |
| Vineyard Preservation Trust Edgartown, MA | Charitable | $5,000 |
| Sail Martha's Vineyard Vineyard Haven, MA | Charitable | $5,000 |
| Martha's Vineyard Hospital Oak Bluffs, MA | Charitable | $5,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $506,473 | $21,033 | $70,600 | $68,500 | 15 | $68,500 | $19,983 | $25,752 |
| 2024 | $556,414 | $27,936 | $36,660 | $34,000 | 7 | $34,000 | $26,886 | $27,574 |
| 2023 | $565,487 | $26,860 | $78,215 | $74,550 | 9 | $74,550 | $25,129 | $29,475 |
| 2022 | $616,905 | $566,046 | $36,645 | $29,250 | 11 | $29,250 | $4,509 | $29,620 |
| 2021 | $87,504 | $11 | $23,622 | $21,000 | 4 | — | $11 | $5,303 |
| 2020 | $111,167 | $-8,785 | $4,922 | $3,500 | 2 | — | $3,026 | $5,746 |
| 2019 | $124,874 | $5,960 | $25,878 | $24,928 | 5 | — | $5,960 | $6,489 |
Under IRS private-foundation payout rules, Giordano Foundation Inc reported a distributable amount of $26K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include support for organizations involved in youth sailing, autism services, preservation, habitat, community charities, a hospital, and shellfish propagation. For example, Sail Martha’s Vineyard describes its mission as preserving and protecting the island’s maritime history, culture, and skills through on-the-water academics and environmental programs. The Martha’s Vineyard Shellfish Group describes its work as providing shellfish propagation services to support wildstock enhancement on the island.
Grantmaking
In 2025, the foundation made 15 grants totaling $68,500. Grants ranged from $500 to $10,000, with a median of $5,000.
Among its 2025 grants, Youth Sailing Foundation in Vero Beach, Florida; Island Autism in Edgartown, Massachusetts; and Jackson Baptist Church in Jackson Township, New Jersey each received $10,000. Quail Valley Charities in Vero Beach and Sail Martha’s Vineyard in Vineyard Haven each received $5,000. The Martha’s Vineyard Shellfish Group in Oak Bluffs received $500.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Joseph Giordano as president and director, Salvatore Giordano as vice president and director, and Simone Muscarnera as acting secretary.
Giordano Foundation Inc is led by Joseph Giordano, President & Director on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Joseph Giordano
President & Director
On filings since 2019
2 hrs/week
No compensation reported
Salvatore Giordano
Vice President & Director
On filings since 2019
2 hrs/week
No compensation reported
Simone Muscarnera
Acting Secretary
On filings since 2019
2 hrs/week
No compensation reported
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.
Frequently asked questions about Giordano Foundation Inc
How much does Giordano Foundation Inc give each year?
Giordano Foundation Inc gave $69K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $34K across 7 grants.
What is Giordano Foundation Inc's typical grant size?
Giordano Foundation Inc's median grant in 2025 was $5,000, and its average grant was $4,567, across 15 grants on its 2025 IRS Form 990-PF.
Where does Giordano Foundation Inc give grants?
Giordano Foundation Inc's top state is Massachusetts, with 45% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Florida (39%) and New Jersey (15%). The most frequent recipient cities were Vero Beach, FL (6 grants) and Edgartown, MA (4 grants).
Does Giordano Foundation Inc give general operating support?
Not in 2025: none of the 15 grants with a stated purpose on Giordano Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (15 grants).
Who are Giordano Foundation Inc's largest grantees?
Giordano Foundation Inc's largest 2025 grantees include Youth Sailing Foundation ($10,000), Island Autism ($10,000) and Jackson Baptist Church ($10,000), according to its 2025 IRS Form 990-PF. Together they received 44% of its itemized 2025 grant dollars.
How large is Giordano Foundation Inc?
Giordano Foundation Inc reported $506K in total assets on its 2025 IRS Form 990-PF. It paid out $69K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets).
What does Giordano Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants include support for organizations involved in youth sailing, autism services, preservation, habitat, community charities, a hospital, and shellfish propagation. See mission & focus areas ↑
How do I apply for a grant from Giordano Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Giordano Foundation Inc's EIN?
Giordano Foundation Inc's EIN (Employer Identification Number) is 13-6051827. IRS Form 990 filing data is available on this page for 2019–2025.
Does Giordano Foundation Inc 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
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS January 22, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 3, 2026)
- IRS filings on file for fiscal years 2019–2025
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Cite this profile
Grantable. (2026). Giordano Foundation Inc funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/giordano-foundation-inc-morg_e416ec14bfb444a78fc4df81b2e56215
BibTeX
@misc{grantable_136051827_2026,
author = {{Grantable}},
title = {{Giordano Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/giordano-foundation-inc-morg_e416ec14bfb444a78fc4df81b2e56215},
note = {Accessed 2026-10-12. 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 Giordano 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.
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