Panichi Family Charitable Foundation
Panichi Family Charitable Foundation is a private foundation, based in Millbrook, NY. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $10.3M in total assets. In 2025, it awarded 1 grant totaling $25K. Net investment income was $360K.
Key facts about Panichi Family Charitable Foundation
In short: Panichi Family Charitable Foundation gave $25K across 1 grant in 2025 (avg $25K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 99-4968945
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $25,000
- Grants made (2025)
- 1
- Average grant
- $25,000
- Median grant
- $25,000
- Total assets
- $10,320,394
- Primary geography
- New York (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$10.3M
+3.0% YoY
Annual Giving
$25K
Grant Count
1
Avg Grant Size
$25K
Under IRS private-foundation payout rules, Panichi Family Charitable Foundation reported a distributable amount of $496K for 2025 — the minimum it must pay out in qualifying distributions.
How Panichi Family Charitable Foundation gives
- In 2025 it paid out 12% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 1 grant totaling $25K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Community Foundations of the Hudson Valley ($25K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Foundations of the Hudson Valley Poughkeepsie, NY | Luigi and Elisa Panichi Scholarship Fund | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 |
|---|---|---|
| Total Assets | $10,320,394 | $10,016,918 |
| Revenue | $360,702 | $10,016,918 |
| Expenses | $57,226 | — |
| Qualifying Distributions | $57,226 | — |
| Net Investment Income | $359,652 | $6,918 |
| Distributable Amount | $495,655 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 26, 2026)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
- IRS filings on file for fiscal year 2024
Leadership & Key People
Officers and directors from IRS filings
Panichi Family Charitable Foundation is led by Evelyn Panichi, President on every filing since 2024; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Evelyn Panichi
President
On filings since 2024
1 hr/week
No compensation reported
Elisa Popovich
Director
On filings since 2024
1 hr/week
No compensation reported
Emil Panichi
Director
On filings since 2024
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "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 Panichi Family Charitable Foundation
How much does Panichi Family Charitable Foundation give each year?
Panichi Family Charitable Foundation gave $25K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is Panichi Family Charitable Foundation?
Panichi Family Charitable Foundation reported $10.3M in total assets on its 2025 IRS Form 990-PF. It paid out $57K in qualifying distributions that year, against a required minimum of $496K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Panichi Family Charitable Foundation operate?
Panichi Family Charitable Foundation has awarded grants in New York.
What is Panichi Family Charitable Foundation's EIN?
Panichi Family Charitable Foundation's EIN (Employer Identification Number) is 99-4968945. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Panichi Family Charitable Foundation by hand.
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