Luigi Damiano Foundation

Private foundation · Grantmaker Warwick, RI EIN: 80-0512766

Luigi Damiano Foundation is a private foundation, based in Warwick, RI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.7M in total assets. In 2025, it awarded 1 grant totaling $481K. Net investment income was $84K.

Luigi Damiano Foundation at a glance

In short: Luigi Damiano Foundation gave $481K across 1 grant in 2025 (avg $481K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$481,495
+18.4% vs 2024
Grants made (2025)
1
-75.0% vs 2024
Average grant
$481,495
+373.7% vs 2024
Median grant
$481,495
Total assets
$3,686,522
-5.8% vs 2024
Primary geography
Kentucky (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 Luigi Damiano Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Fidelity Charitable: $481KFidelity Charitable$481K

The largest 2025 recipient was Fidelity Charitable ($481K).

Grant Size Distribution

11 grants across all recorded years

4<$50K2$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 11 (36%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

CovingtonRock Hill

How Luigi Damiano Foundation gives

  • Giving grew 298% from 2022 to 2025. Method
  • In 2025 it paid out 82% 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

$0$200K$400K$600K2 grants2020 2 grants2021 2 grants2022 2 grants2023 4 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $121K (2022) to $481K (2025). In 2025 it made 1 grant totaling $481K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Charitable Covington, KYTo Facilitate Grants to Public Charities$481,495
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$3,686,522$84,174$485,765$481,4951$481,495$84,174$588,184
2024$3,912,594$89,532$411,204$406,6014$406,601$89,532$518,867
2023$3,998,533$79,387$255,438$251,3352$251,335$79,387$408,189
2022$4,050,910$68,773$125,050$121,0762$121,076$68,773$359,211
2021$4,136,705$63,593$285,349$274,6322$274,632$63,593$412,837
2020$4,203,897$65,682$269,981$259,7572—$65,682$300,033

Under IRS private-foundation payout rules, Luigi Damiano Foundation reported a distributable amount of $588K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Luigi Damiano Foundation is led by Angela Salas, Director, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Angela Salas

    Director, President & Treasurer

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Christopher Salas MD

    Director & Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Frank Lafazia MD

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Luigi Damiano Foundation

How much does Luigi Damiano Foundation give each year?

Luigi Damiano Foundation gave $481K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $407K across 4 grants.

How large is Luigi Damiano Foundation?

Luigi Damiano Foundation reported $3.7M in total assets on its 2025 IRS Form 990-PF. It paid out $481K in qualifying distributions that year, against a required minimum of $588K (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 Luigi Damiano Foundation operate?

Luigi Damiano Foundation has awarded grants in Kentucky, South Carolina.

What is Luigi Damiano Foundation's EIN?

Luigi Damiano Foundation's EIN (Employer Identification Number) is 80-0512766. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 8, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 23, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 11, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Luigi Damiano Foundation'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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