Michael Aiello Memorial Agricultural

HOLLISTER, CA EIN: 20-8759548

Michael Aiello Memorial Agricultural is a private foundation focused on Education, based in HOLLISTER, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $383K in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $43K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$383K

+3.1% YoY

Annual Giving

$25K

Grant Count

Avg Grant Size

$25K

Under IRS private-foundation payout rules, Michael Aiello Memorial Agricultural reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

About Michael Aiello Memorial Agricultural

Based on IRS filings

Focus Areas

Education

Ready to take the next step with Michael Aiello Memorial Agricultural?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $25K (100%)

States

California

Cities

Irvine

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$383,137	$371,659	$306,717
Revenue	$46,975	$28,537	$20,486
Expenses	$30,968	$4,299	$4,095
Qualifying Distributions	$25,000	—	—
Net Investment Income	$42,948	$5,382	—
Distributable Amount	$18,932	$17,104	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Western Growers Foundation ($25,000).

Recipient	Purpose	Amount
WESTERN GROWERS FOUNDATION IRVINE, CA	SCHOLARSHIPS	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOSEPH AIELLO	CEO	2	—
PETER AIELLO	CFO	2	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Michael Aiello Memorial Agricultural?

Michael Aiello Memorial Agricultural is a private foundation focused on Education, based in HOLLISTER, CA. It holds $383K in total assets as of 2024.

How large is Michael Aiello Memorial Agricultural?

As of 2024, Michael Aiello Memorial Agricultural holds $383K in total assets with $47K in annual revenue. It awarded 1 grants totaling $25K in 2024.

Where does Michael Aiello Memorial Agricultural operate?

Michael Aiello Memorial Agricultural has awarded grants in California.

What size grants does Michael Aiello Memorial Agricultural award?

In 2024, Michael Aiello Memorial Agricultural awarded 1 grants totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Michael Aiello Memorial Agricultural required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael Aiello Memorial Agricultural reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michael Aiello Memorial Agricultural's EIN?

Michael Aiello Memorial Agricultural's EIN (Employer Identification Number) is 20-8759548. IRS Form 990 filing data is available on this page for 2020–2024.