Michael Racanelli Forever Young Foundation

Private foundation · Grantmaker Brightwaters, NY EIN: 45-5216022

Michael Racanelli Forever Young Foundation is a private foundation, based in Brightwaters, NY. IRS filing data is available for 2020. As of 2020, the organization holds $72K in total assets. In 2020, it awarded 4 grants totaling $3K. Net investment income was $97.

Michael Racanelli Forever Young Foundation at a glance

In short: Michael Racanelli Forever Young Foundation gave $3K across 4 grants in 2020 (avg $687.5), mostly in New York. Source: 2020 IRS Form 990-PF.

Annual giving (2020)
$2,750
Grants made (2020)
4
Average grant
$688
Median grant
$750
Total assets
$72,266
Primary geography
New York (64% of itemized 2020 grant dollars)
Latest 990 filing
Form 990-PF, 2020 View filing

Data from IRS Form 990-PF, 2020; updated October 2026.

Who Michael Racanelli Forever Young Foundation funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2020

Mission Be: $1KMission Be$1KTrain for the Am: $1KTrain for the Am$1KSt Patricks: $500St Patricks$500American Heart Association: $250American Heart Association$250

The largest 2020 recipient was Mission Be ($1K). Together the top 4 received $3K.

Grant Size Distribution

4 grants across all recorded years

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

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2020 grant dollars across all 4 itemized grants.

Cities

AnywhereBay ShoreMountain ViewUSA

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K4 grants2020

In 2020 it made 4 grants totaling $3K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Mission Be Mountain View, CADonation/Contribution$1,000
Train for the Am USA, NYDonation/Contribution$1,000
St Patricks Bay Shore, NYDonation/Contribution$500
American Heart Association Anywhere, NYDonantion/Contribution$250
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2020$72,266$97$4,666$2,7504$97

Leadership & Key People

Officers and directors from IRS filings

Michael Racanelli Forever Young Foundation's 2020 filing lists 4 officers; none of the 4 officers listed in 2020 report compensation.

Officers on the 2020 filing

  • Barbara Racanelli

    Director

    New on the 2020 filing

    No compensation reported

  • Matthew Racanelli

    Director

    New on the 2020 filing

    No compensation reported

  • Michael Racanelli

    Trustee

    New on the 2020 filing

    No compensation reported

  • Nicholas Racanelli

    Director

    New on the 2020 filing

    No compensation reported

Data from IRS Form 990 filings, 2020. "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 Michael Racanelli Forever Young Foundation

How much does Michael Racanelli Forever Young Foundation give each year?

Michael Racanelli Forever Young Foundation gave $3K across 4 grants in 2020, according to its 2020 IRS Form 990-PF.

What is Michael Racanelli Forever Young Foundation's typical grant size?

Michael Racanelli Forever Young Foundation's median grant in 2020 was $750, and its average grant was $688, across 4 grants on its 2020 IRS Form 990-PF.

Where does Michael Racanelli Forever Young Foundation give grants?

Michael Racanelli Forever Young Foundation gives mostly in New York: 64% of the grant dollars itemized on its 2020 IRS Form 990-PF went to recipients there. The next largest state was California (36%).

Does Michael Racanelli Forever Young Foundation give general operating support?

Not in 2020: none of the 4 grants with a stated purpose on Michael Racanelli Forever Young Foundation's 2020 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation/Contribution" (3 grants).

How large is Michael Racanelli Forever Young Foundation?

Michael Racanelli Forever Young Foundation reported $72K in total assets on its 2020 IRS Form 990-PF. Its revenue that year was $97.

What is Michael Racanelli Forever Young Foundation's EIN?

Michael Racanelli Forever Young Foundation's EIN (Employer Identification Number) is 45-5216022. IRS Form 990 filing data is available on this page for 2020.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  2. IRS filings on file for fiscal year 2020

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

Figures come from Michael Racanelli Forever Young 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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