Italian Heritage Foundation Inc is a private foundation focused on Education, based in NEW BRITAIN, CT. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $33K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$33K
+2067.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$33K
+2067.7% YoY
Under IRS private-foundation payout rules, Italian Heritage Foundation Inc reported a distributable amount of $650 for 2023 — the minimum it must pay out in qualifying distributions.
About Italian Heritage Foundation Inc
Based on IRS filings
Italian Heritage Foundation Inc is a private foundation focused on Education, based in NEW BRITAIN, CT. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $33K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $34,516 | $36,703 |
| Revenue | $-245 | $213 | $496 |
| Expenses | $34,271 | $2,400 | $3,899 |
| Qualifying Distributions | $32,614 | $1,500 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $650 | $1,789 | $1,880 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2023
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Community Foundation of Greater New Britain ($32,515).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMUNITY FOUNDATION OF GREATER NEW BRITAIN NEW BRITAIN, CT | GENERAL SUPPORT | $32,515 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARLO CARLOZZI | SECRETARY/TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Italian Heritage Foundation Inc?
Italian Heritage Foundation Inc is a private foundation focused on Education, based in NEW BRITAIN, CT. It holds — in total assets as of 2023.
Where does Italian Heritage Foundation Inc operate?
Italian Heritage Foundation Inc has awarded grants in Connecticut.
What size grants does Italian Heritage Foundation Inc award?
In 2023, Italian Heritage Foundation Inc awarded 1 grants totaling $33K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is Italian Heritage Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Italian Heritage Foundation Inc reported a distributable amount of $650 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Italian Heritage Foundation Inc's EIN?
Italian Heritage Foundation Inc's EIN (Employer Identification Number) is 01-0692828. IRS Form 990 filing data is available on this page for 2020–2023.
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Browse active grant opportunities in Italian Heritage Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.