Mary and Ralph Gesualdo Family
The Mary and Ralph Gesualdo Family Foundation is a private family foundation based in Lake Forest, Illinois. Established in 2013, the foundation operates as a non-operating private foundation focused on philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.2M
+60.9% YoY
Grant Count
22
+4.8% YoY
Avg Grant Size
$53K
+53.6% YoY
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, its grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Community Health
- Health and Medical Services
- Health and Wellness
Grantmaking
The foundation has no restrictions other than that organizations must be qualifying organizations under IRC Section 501(c)(3).
Grant Range
$500 to $150,000
Average Grant
amount: $37,000
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in Illinois, with grantmaking concentrated in Illinois, Minnesota, and Florida. Grantmaking reaches organizations across 8 states, with 69% of all grants supporting organizations in these three primary states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $9,737,998
- Total revenues: $3,006,823
- Total expenses: $760,424
- Total grants, contributions, etc.: $3,000,000
- Investment income and dividends: $229,250
- Number of employees: 0
Asset Growth: Total assets have grown from $955,000 in 2012 to $9,737,998 in 2023.
Annual Giving Trend: Annual giving decreased from $1.2 million in 2022 to $731,000 in 2023.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Mary and Ralph Gesualdo serve as the foundation's namesakes. The foundation is governed by 5 officers and trustees. Mary Gesualdo served as an Honorary Chair for Catholic Charities of Lake County.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ralph Gesualdo | President | 5 | — |
| Mary Gesualdo | Director | 5 | — |
| Francis Gesualdo | Director | — | — |
| Jeneane Gesualdo | Director | — | — |
| Paige Gesualdo | Director | — | — |
Recent News & Activity
Recent developments and announcements
In 2011, Mary and Ralph Gesualdo served as Honorary Chairs for Catholic Charities of the Archdiocese of Chicago's "The Art of Caring" benefit gala, a 22nd annual event supporting Catholic Charities services in Lake County.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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