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
Among its reported 2024 grants, the largest include Mayo Clinic ($625,000), Loyola Academy ($125,000), Lurie Children's Hospital ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Loyola Academy Wilmette, IL | To accomplish the organization's activities | $125,000 |
| Lurie Children's Hospital Chicago, IL | To accomplish the organization's activities | $100,000 |
| Mercy Home Chicago, IL | To accomplish the organization's activities | $10,000 |
| St Jude's Children Hospital Chicago, IL | To accomplish the organization's activities | $20,000 |
| Covenant House Chicago, IL | To accomplish the organization's activities | $10,000 |
| Clearbrook Arlington Heights, IL | To accomplish the organization's activities | $50,000 |
| Franciscan Missions Chicago, IL | To accomplish the organization's activities | $10,000 |
| Northern Illinois Food Bank Geneva, IL | To accomplish the organization's activities | $25,000 |
| Green City Market Chicago, IL | To accomplish the organization's activities | $15,000 |
| Mayo Clinic Rochester, MN | To accomplish the organization's activities | $625,000 |
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
Frequently Asked Questions
What does Mary and Ralph Gesualdo Family fund?
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
How do I apply for a grant from Mary and Ralph Gesualdo Family?
**Grant Activity:** • Total giving in 2023: $731,000 • Total grants made in 2023: 13 grants • Historical total grants: 51 grants totaling $1.9 million across available records • Grant range: $500 to $150,000 • Average grant amount: $37,000 • Median grant amount: $20,000 **Recent Grantees (2023):** • Mayo Clinic: $125,000 • Loyola Academy: $125,000 • Evans Scholars Foundation: $100,000 **Application Requirements:** The foundation has no restrictions other than that organizations must be qualifyi…
Where does Mary and Ralph Gesualdo Family make 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.
What size grants does Mary and Ralph Gesualdo Family award?
In 2024, Mary and Ralph Gesualdo Family awarded 22 grants totaling $1.2M — an average of about $53K per grant, based on its IRS Form 990 filings.
What is Mary and Ralph Gesualdo Family's EIN?
Mary and Ralph Gesualdo Family's EIN (Employer Identification Number) is 46-1584255. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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