Light of Day Foundation Inc
The foundation's mission is to fund research into possible cures, improved treatments and support patients who suffer from parkinson's disease, psp and als, and to assist their families and their caregivers to help improve their quality of life.
Light of Day Foundation Inc at a glance
In short: Light of Day Foundation Inc gave $250K across 3 grants in 2025 (avg $83K), mostly in New York. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $250,000
- -11.4% vs 2024
- Grants made (2025)
- 3
- -25.0% vs 2024
- Average grant
- $83,333
- +18.1% vs 2024
- Median grant
- $75,000
- Total assets
- $452,989
- +5.7% vs 2024
- Primary geography
- New York (60% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Light of Day Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Parkinson's Foundation ($150K). Together the top 3 received $250K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 7 grants of 18 (39%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Light of Day Foundation Inc gives
- Giving grew 22% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2018 to 2025, annual grant giving ranged from $150K (2023) to $282K (2024). In 2025 it made 3 grants totaling $250K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Parkinson's Foundation New York, NY | Assist Research in Finding a Cure | $150,000 |
| Cure PSP Timonium, MD | Assist Research in Finding a Cure | $75,000 |
| Joan Dancy & Pals Red Bank, NJ | Assist Research in Finding a Cure | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $452,989 | $590,582 | $571,720 | $250,000 | 3 | $7,586 |
| 2024 | $428,521 | $607,489 | $639,440 | $282,161 | 4 | $6,507 |
| 2023 | $464,541 | $538,469 | $449,863 | $150,000 | 2 | — |
| 2022 | $343,440 | $351,037 | $431,850 | $205,200 | 5 | — |
| 2020 | $339,277 | $397,481 | $416,554 | $205,000 | 4 | — |
| 2019 | $358,351 | $561,771 | $508,685 | $163,225 | 6 | — |
| 2018 | $305,265 | $481,798 | $463,463 | $171,500 | 5 | — |
About Light of Day Foundation Inc
Based on IRS filings
Light of Day Foundation Inc is a public charity focused on Medical Research, based in Allenhurst, NJ. IRS filing data is available from 2018 through 2025. As of 2025, the organization holds $453K in total assets. In 2025, it awarded 3 grants totaling $250K. Net investment income was $8K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Light of Day Foundation Inc is led by Antonio U. Pallagrosi, Executive Director on every filing since 2018; 4 of 21 officers listed in 2025 are compensated.
Officers on the 2025 filing
Antonio U. Pallagrosi
Executive Director
On filings since 2018
10 hrs/week
$47K (2018) → $54K (2025)
Joseph D'urso
President
Treasurer → President, 2022
On filings since 2018
2 hrs/week
$6K (2018) → $4K (2025)
Jean Mikle
Director
President → Treasurer, 2022
Treasurer → Director, 2024
On filings since 2018
2 hrs/week
$750 (2018) → $0 (2025)
Joe Grushecky
Director
On filings since 2018
2 hrs/week
$5K (2018) → $0 (2025)
Brian Ansell
Director
On filings since 2018
2 hrs/week
No compensation reported
Cheryl Streich
Director
Secretary → Director, 2022
On filings since 2018
2 hrs/week
No compensation reported
Eiran Wolfman
Director
On filings since 2018
2 hrs/week
No compensation reported
Mark Harrison
Director
On filings since 2018
2 hrs/week
No compensation reported
Ronald Streich
Director
On filings since 2018
2 hrs/week
No compensation reported
Brian McGlinchey
Director
On filings since 2023
2 hrs/week
No compensation reported
Lynne Ward
Director
On filings since 2023
2 hrs/week
No compensation reported
Anthony D'amato
Director
On filings since 2024
2 hrs/week
No compensation reported
Danielia Cotton Roberts
Director
On filings since 2024
2 hrs/week
No compensation reported
Jason Dermer
Director
On filings since 2024
2 hrs/week
No compensation reported
Ken Lesnick
Director
On filings since 2024
2 hrs/week
No compensation reported
Nick Contey
Director
On filings since 2024
2 hrs/week
No compensation reported
Seth Saltzman
Director
On filings since 2024
2 hrs/week
No compensation reported
Robert D. Dye
Secretary
Director → Secretary, 2022
On filings since 2018
2 hrs/week
$3K (2018) → $1K (2025)
Robert L. Benjamin
Founder
Director → Founder, 2023
On filings since 2018
2 hrs/week
$14K (2018) → $14K (2025)
Michael Degeorge
Vice President
Director → Vice President, 2022
On filings since 2018
2 hrs/week
No compensation reported
Robert McGrath
Treasurer
Director → Treasurer, 2024
On filings since 2023
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2018–2025. "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 $54K, to Antonio U Pallagrosi (Executive Director). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Light of Day Foundation Inc
How much does Light of Day Foundation Inc give each year?
Light of Day Foundation Inc gave $250K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $282K across 4 grants.
What is Light of Day Foundation Inc's typical grant size?
Light of Day Foundation Inc's median grant in 2025 was $75,000, and its average grant was $83,333, across 3 grants on its 2025 IRS Form 990.
Where does Light of Day Foundation Inc give grants?
Light of Day Foundation Inc gives mostly in New York: 60% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were Maryland (30%) and New Jersey (10%).
Does Light of Day Foundation Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Light of Day Foundation Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Assist Research in Finding a Cure" (3 grants).
How large is Light of Day Foundation Inc?
Light of Day Foundation Inc reported $453K in total assets on its 2025 IRS Form 990. Its revenue that year was $591K.
What is Light of Day Foundation Inc?
Light of Day Foundation Inc is a public charity focused on Medical Research, based in Allenhurst, NJ. It holds $453K in total assets as of 2025.
What is Light of Day Foundation Inc's EIN?
Light of Day Foundation Inc's EIN (Employer Identification Number) is 20-1560386. IRS Form 990 filing data is available on this page for 2018–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS June 25, 2021)
- Updated Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
- Added Form 990 for fiscal year 2018 (received by the IRS November 25, 2020)
- Added Form 990 for fiscal year 2019 (received by the IRS November 25, 2020)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
Live grants for the work Light of Day Foundation Inc funds
Medical Research Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Light of Day Foundation Inc's focus areas in our free grants database
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