Pa'Lante Foundation
Pa'Lante Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $450K in total assets. In 2024, it awarded 1 grant totaling $50K. Net investment income was $37K.
Key facts about Pa'Lante Foundation
In short: Pa'Lante Foundation gave $50K across 1 grant in 2024 (avg $50K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 85-3136697
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $50,000
- Grants made (2024)
- 1
- Average grant
- $50,000
- Median grant
- $50,000
- Total assets
- $450,452
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$450K
-5.9% YoY
Annual Giving
$50K
+147.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$50K
+147.5% YoY
Under IRS private-foundation payout rules, Pa'Lante Foundation reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.
How Pa'Lante Foundation gives
- Giving grew 100% from 2021 to 2024. Method
- In 2024 it paid out 253% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Pa'Lante Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $20K (2023) to $50K (2024). In 2024 it made 1 grant totaling $50K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Covenant House ($50K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 2 grants of 4 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Covenant House New York, NY | General & Unrestricted | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $450,452 | $478,750 | $506,339 |
| Revenue | $30,525 | $4,359 | $6,716 |
| Expenses | $58,823 | $31,948 | $57,820 |
| Qualifying Distributions | $57,988 | $31,522 | $56,828 |
| Net Investment Income | $37,057 | $19,850 | $6,324 |
| Distributable Amount | $22,912 | $21,621 | $22,442 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Pa'Lante Foundation is led by Andrew Bustillo, Director, President, Secretary & Treasurer on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Andrew Bustillo
Director, President, Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Pa'Lante Foundation
How much does Pa'Lante Foundation give each year?
Pa'Lante Foundation gave $50K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $20K across 1 grant.
How large is Pa'Lante Foundation?
Pa'Lante Foundation reported $450K in total assets on its 2024 IRS Form 990-PF. It paid out $58K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets).
Where does Pa'Lante Foundation operate?
Pa'Lante Foundation has awarded grants in New York.
What is Pa'Lante Foundation's EIN?
Pa'Lante Foundation's EIN (Employer Identification Number) is 85-3136697. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Pa'Lante Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Pa'Lante Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
MEX-Am Cultural Foundation Inc
New York, NY
Assets
—
Grants
1
Total Given
$33K
Credit Suisse Americas Foundation
New York, NY
Before dissolving on October 16, 2024, Credit Suisse Americas Foundation made general operating grants, with its 2024 awards ranging from $6,954 to $811,880. Nearly all 2024 grant dollars went to organizations in Pennsylvania, with 1% going to Illinois; it accepted written proposals with an IRS determination letter, with deadlines of February 15 and August 15.
Assets
—
Grants
2
Total Given
$819K
Paul G Arpin Charitable Trust
Essex, CT
The trust’s 2024 grants supported program services and general support, with reported awards ranging from $2,000 to $3,577,632; the median was $7,000, though most of the total went to one recipient. It is based in Essex, Connecticut, and all 2024 grant dollars went to recipients in Rhode Island. The available information does not say whether it accepts unsolicited requests.
Assets
—
Grants
5
Total Given
$3.6M
The Robert and Thea Capazzi Foundation
Jupiter, FL
Assets
$314K
Grants
6
Total Given
$19K
Wesorick Family Foundation
Spring Lake, MI
Assets
—
Grants
7
Total Given
$49K
Barbara Kelly Charitable Foundation
Los Angeles, CA
Assets
$4.2M
Grants
7
Total Given
$181K
Gives Sunset FKA Depcom Gives
Scottsdale, AZ
Assets
—
Grants
8
Total Given
$37K
Little Lamp of Jesus
Mount Vernon, WA
Assets
$250K
Grants
8
Total Given
$59K
The Lynton Foundation
New York, NY
The Lynton Foundation supports charitable organizations, with most 2025 grant dollars going to New York recipients and the remainder to Louisiana. Its 10 grants ranged from $2,500 to $220,000, with a median of $8,800; it gives only to preselected organizations and does not accept unsolicited requests.
Assets
$10.4M
Grants
10
Total Given
$311K
L Cruz Foundation
Los Angeles, CA
The L Cruz Foundation supports churches and charitable organizations, with recent grants also going to causes such as cancer care and housing services. In 2025, its 11 grants ranged from $50 to $15,000, with a median of $2,000; most funding went to California, with smaller amounts to Florida and Mississippi. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$328K
Grants
11
Total Given
$29K
Versado Foundation
Wake Forest, NC
Assets
$87K
Grants
13
Total Given
$6K
Laura H Sitterly Charitable Foundation
Chicago, IL
The foundation funds a range of charitable causes, including education, hunger relief, social services, and support for American Indian communities, with most 2025 grant dollars going to Illinois organizations and others across several states. In 2025, grants ranged from $2,500 to $50,000, with a median of $5,000. It accepts requests by letter; proposals are received in the first three quarters, reviewed in the fourth, and awards are made in December.
Assets
$2.3M
Grants
15
Total Given
$138K
More Funders in Delaware
Pa'Lante Foundation down — hundreds of funders to go?