Louise and Lou Paolillo Foundation Inc
Louise and Lou Paolillo Foundation Inc is a private foundation, based in North Merrick, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $66K in total assets. In 2025, it awarded 1 grant totaling $3K. Net investment income was $985.
Louise and Lou Paolillo Foundation Inc at a glance
In short: Louise and Lou Paolillo Foundation Inc gave $3K across 1 grant in 2025 (avg $3K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,710
- -72.3% vs 2024
- Grants made (2025)
- 1
- -50.0% vs 2024
- Average grant
- $2,710
- -44.7% vs 2024
- Median grant
- $2,710
- Total assets
- $66,302
- -3.4% vs 2024
- Primary geography
- New York (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 Louise and Lou Paolillo Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was International Communion of the Charismatic Episcopal Church ($3K).
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Louise and Lou Paolillo Foundation Inc gives
- Giving grew 442% from 2022 to 2025. Method
- In 2025 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2019 to 2025, annual grant giving ranged from $500 (2022) to $12K (2020). In 2025 it made 1 grant totaling $3K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| International Communion of the Charismatic Episcopal Church Malverne, NY | Donation | $2,710 |
Ready to take the next step with Louise and Lou Paolillo Foundation Inc?
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 | $66,302 | $985 | $3,354 | $2,710 | 1 | $2,710 | $985 | $3,133 |
| 2024 | $68,671 | $1,020 | $10,424 | $9,800 | 2 | $9,800 | $1,020 | $3,363 |
| 2023 | $78,075 | $975 | $2,925 | $2,330 | 2 | $2,330 | $975 | $3,650 |
| 2022 | $80,025 | $742 | $1,019 | $500 | 1 | $500 | $742 | $3,754 |
| 2021 | $80,302 | $629 | $9,399 | $8,190 | 6 | $8,190 | $629 | $4,194 |
| 2020 | $89,072 | $674 | $12,846 | $12,280 | 7 | — | $674 | $4,691 |
| 2019 | $101,244 | $9,572 | $7,430 | $6,900 | 2 | — | $9,572 | $5,012 |
Under IRS private-foundation payout rules, Louise and Lou Paolillo Foundation Inc reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Louise and Lou Paolillo Foundation Inc is led by Louis Paolillo, Chairperson Director on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Louis Paolillo
Chairperson Director
On filings since 2019
No compensation reported
Paul T. Paolillo
Director
On filings since 2019
No compensation reported
Bradford Tiernan
Vice Chairperson Director
On filings since 2019
No compensation reported
Former officers (1)
- Former: Louise E. Paolillo (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.
Frequently asked questions about Louise and Lou Paolillo Foundation Inc
How much does Louise and Lou Paolillo Foundation Inc give each year?
Louise and Lou Paolillo Foundation Inc gave $3K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 2 grants.
How large is Louise and Lou Paolillo Foundation Inc?
Louise and Lou Paolillo Foundation Inc reported $66K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Louise and Lou Paolillo Foundation Inc operate?
Louise and Lou Paolillo Foundation Inc has awarded grants in Colorado, District of Columbia, Florida, New Jersey, New York, Texas, Virginia.
What is Louise and Lou Paolillo Foundation Inc's EIN?
Louise and Lou Paolillo Foundation Inc's EIN (Employer Identification Number) is 46-1967691. 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
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 24, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 29, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Louise and Lou Paolillo Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New York
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Mutual of America Foundation
New York, NY
Assets
$136K
Grants
539
Total Given
$839K
The Ford Foundation
New York, NY
The Ford Foundation funds organizations and initiatives working to reduce inequality and advance social justice, including work on civic engagement, civil rights, climate justice, disability rights, and technology and society. In 2024, its grants ranged from $45 to $15 million, with a median of $100,000, supporting work in the U.S. and internationally. It says most grants are identified by the foundation and it does not accept unsolicited proposals by mail, email, or phone; limited opportunities may be offered separately.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The New York Community Trust
New York, NY
The New York Community Trust funds nonprofit programs in areas such as arts, education, health, the environment, workforce development, and youth development, including projects that improve services, build organizational capacity, or advance policy and systems change. Its competitive grants mainly serve New York City, Long Island, and Westchester, with some national and international environmental funding; the 2024 median grant was $20,000. The profile does not state whether it accepts unsolicited requests.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research and public engagement in mathematics and the physical, life, autism, and neuroscience sciences. In 2024, it made 1,727 grants, with a median award of $72,000 and amounts ranging from $1,480 to $20 million, supporting organizations in the U.S. and internationally. It states that it funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
More Funders in New York
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Louise and Lou Paolillo 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.
Louise and Lou Paolillo Foundation Inc down — hundreds of funders to go?