Louis G Piancone

Foundation · Grantmaker Palm Beach, FL EIN: 22-2405305

LOUIS G PIANCONE is a private foundation based in Palm Beach, Florida. Its 2025 filing reports grants to charitable organizations, including recipients supporting historic preservation, religious communities, food assistance, and other services.

Key facts about Louis G Piancone

In short: Louis G Piancone gave $45K across 23 grants in 2025 (avg $2K), mostly in Rhode Island. 17% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
22-2405305
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$44,890
Grants made (2025)
23
Average grant
$1,952
Median grant
$450
New grantees (estimate)
17% first-time grantees (4 of 23, 2025)
Total assets
$60,381
Primary geography
Rhode Island (56% of itemized 2025 grant dollars)
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. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$60K

+26.9% YoY

Annual Giving

$45K

+36.7% YoY

Grant Count

23

-11.5% YoY

Avg Grant Size

$2K

+54.5% YoY

Under IRS private-foundation payout rules, Louis G Piancone reported a distributable amount of $13K for 2025 — the minimum it must pay out in qualifying distributions.

Is Louis G Piancone open to new grantees?

17%

first-time grantees, 2025

In 2025, 4 of 23 grantees (17%) were first-time recipients. First grants averaged $1K; repeat grants $2K. How we count

Medians: $1K first-time, $350 repeat.

  • 65% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+7%). Method
  • In 2025 it paid out 340% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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 show support for organizations with varied purposes. For example, the Preservation Society of Newport received support to preserve Newport architecture, while God’s Co-op Pantry received support to provide food for hungry neighbors. Somerset Health Care Foundation Inc., which received $100, describes its mission as supporting the charitable purposes and services of Robert Wood Johnson University Hospital’s Somerset campus, which provides medically necessary health care.

Grantmaking

In 2025, the foundation made 23 grants totaling $44,890. Grant amounts ranged from $100 to $25,000, with a median of $450. The largest grants included $25,000 to the Preservation Society of Newport for preserving Newport architecture; $5,990 to St Edwards Church for its Catholic community; $2,500 to Basilica of St Edward Guild for religious purposes; and $2,000 to God’s Co-op Pantry to provide food for hungry neighbors.

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Geographic Focus

Where this funder awards grants

In 2025, recipients in Rhode Island received 56% of grant dollars and recipients in Florida received 29%. New Jersey recipients received 7%; Wisconsin and Washington, DC, received 2% and 1%, respectively.

Grant Distribution by State

19states

Share of all 23 itemized 2025 grant dollars.

Cities

GladstoneWashingtonBasking RidgeSomervilleFar HillsMemphisPalm BeachBedminsterNew YorkNewportPottersvilleWoodland ParkPiscatawayPrairie Du ChienWyckoffCinnaminsonColumbiaFlorham ParkMorristownTopeka

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K37 grants201928 grants202035 grants202124 grants202231 grants202326 grants202423 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Preservation Society of Newport: $25KPreservation Society ofNewport$25KSt Edwards Church: $6KSt Edwards Church$6KBasilica of St Edward Guild: $3KBasilica of St Edward Guild$3KGods Co-Op Pantry: $2KGods Co-Op Pantry$2KRehabilitation Center for Children: $2KRehabilitation Center forChildren$2KLighthouse for the Blind: $1KLighthouse for the Blind$1KUS Equestrian Team Foundation: $1KUS Equestrian Team Foundation$1KVilla Louis Carriage Classics: $1KVilla Louis Carriage Classics$1KDiocese of Palm Beach: $1KDiocese of Palm Beach$1KJack the Bike Man Organization: $500Jack the Bike Man Organization$500

Grant Size Distribution

139 grants across all recorded years

136<$50K$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
PRESERVATION SOCIETY OF NEWPORT Newport, RIPRESERVE ARCHITECTURE OF NEWPORT, RI$25,000
ST EDWARDS CHURCH Palm Beach, FLCATHOLIC COMMUNITY$5,990
BASILICA OF ST EDWARD GUILD Palm Beach, FLRELIGIOUS$2,500
GODS CO-OP PANTRY Basking Ridge, NJPROVIDE FOOD FOR HUNGRY NEIGHBORS$2,000
REHABILITATION CENTER FOR CHILDREN Palm Beach, FLSUPPORT LOCAL FAMILIES$1,650
LIGHTHOUSE FOR THE BLIND West Palm Beach, FLPROVIDE FOR THOSE VISUALLY IMPAIRED$1,100
US EQUESTRIAN TEAM FOUNDATION Gladstone, NJSUPPORTING US EQUESTRIAN TEAMS$1,000
VILLA LOUIS CARRIAGE CLASSICS Prairie Du Chien, WIHISTORICAL MUSEUM$1,000
DIOCESE OF PALM BEACH Palm Beach, FLRELIGIOUS$1,000
JACK THE BIKE MAN ORGANIZATION West Palm Beach, FLRESTORE & DONATE BIKES TO CHILDREN$500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2025 $60,381 $63,676 $50,887 $44,890 23
2024 $47,592 $30,631 $39,370 $32,835 26
2023 $56,331 $162,482 $174,738 $166,305 31
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019202020212022202320242025
Metric202520242023
Total Assets$60,381$47,592$56,331
Revenue$63,676$30,631$162,482
Expenses$50,887$39,370$174,738
Qualifying Distributions$44,890$32,835$166,305
Net Investment Income$61,827$27,780—
Distributable Amount$13,202$21,265$25,860

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 26, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS June 3, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Teri C Piancone, Sean Kaufman, and Adam Chegin as trustees.

Louis G Piancone's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Teri C. Piancone

    Trustee

    On filings since 2019

    No compensation reported

  • Adam Chegin

    Trustee

    On filings since 2023

    No compensation reported

  • Sean Kaufman

    Trustee

    On filings since 2023

    No compensation reported

Former officers (1)
  • Former: Louis G. Piancone Estate (2019) — Trustee

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.

Contact

Mailing address: 2660 S Ocean Blvd Apt 405-S, Palm Beach, FL 33480
Phone: (908) 938-6322

Frequently asked questions about Louis G Piancone

How much does Louis G Piancone give each year?

Louis G Piancone gave $45K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $33K across 26 grants.

What is Louis G Piancone's typical grant size?

Louis G Piancone's median grant in 2025 was $450, and its average grant was $1,952, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Louis G Piancone that year got $1K on average.

Where does Louis G Piancone give grants?

Louis G Piancone gives mostly in Rhode Island: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (29%) and New Jersey (7%). The most frequent recipient cities were Palm Beach, FL (4 grants), Washington, DC (3 grants) and West Palm Beach, FL (2 grants).

Does Louis G Piancone give general operating support?

Not in 2025: none of the 23 grants with a stated purpose on Louis G Piancone's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Religious" (4 grants).

Who are Louis G Piancone's largest grantees?

Louis G Piancone's largest 2025 grantees include Preservation Society of Newport ($25,000), St Edwards Church ($5,990) and Basilica of St Edward Guild ($2,500), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.

How large is Louis G Piancone?

Louis G Piancone reported $60K in total assets on its 2025 IRS Form 990-PF. It paid out $45K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets).

What does Louis G Piancone fund?

No mission statement for the foundation is provided. Its 2025 grants show support for organizations with varied purposes. For example, the Preservation Society of Newport received support to preserve Newport architecture, while God’s Co-op Pantry received support to provide food for hungry neighbors. Somerset Health Care Foundation Inc., which received $100, describes its mission as supporting the charitable purposes and services of Robert Wood Johnson University Hospital’s Somerset campus, whi…

How do I apply for a grant from Louis G Piancone?

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 Louis G Piancone's EIN?

Louis G Piancone's EIN (Employer Identification Number) is 22-2405305. IRS Form 990 filing data is available on this page for 2019–2025.

Does Louis G Piancone accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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