Pasquale Nestico Foundation

PHILADELPHIA, PA EIN: 81-4103278

Pasquale Nestico Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $127K in total assets. In 2021, it awarded 2 grants totaling $3K. Net investment income was $3K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$127K

-0.5% YoY

Annual Giving

$3K

+70.0% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$1K

-15.0% YoY

Under IRS private-foundation payout rules, Pasquale Nestico Foundation reported a distributable amount of $9K for 2021 — the minimum it must pay out in qualifying distributions.

About Pasquale Nestico Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Pasquale Nestico Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $4K (88%)

Georgia $500 (12%)

States

Georgia Pennsylvania

Cities

AtlantaPhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	$126,735	$127,348
Revenue	$2,917	$57,046
Expenses	$3,530	$8,678
Qualifying Distributions	$2,550	—
Net Investment Income	$2,865	$52,987
Distributable Amount	$9,439	$7,657

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2021

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Filitalia Foundation ($2,050), The Smart Foundation ($500).

Recipient	Purpose	Amount
FILITALIA FOUNDATION PHILADELPHIA, PA	GENERAL OPERATIONS	$2,050
THE SMART FOUNDATION ATLANTA, GA	GENERAL OPERATIONS	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
PASQUALE NESTICO	DIRECTOR, PRESIDENT	2	—
ROSETTA MIRIELLO	SECRETARY, TREASURER	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Pasquale Nestico Foundation?

Pasquale Nestico Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. It holds $127K in total assets as of 2021.

How large is Pasquale Nestico Foundation?

As of 2021, Pasquale Nestico Foundation holds $127K in total assets with $3K in annual revenue. It awarded 2 grants totaling $3K in 2021.

Where does Pasquale Nestico Foundation operate?

Pasquale Nestico Foundation has awarded grants in Georgia, Pennsylvania.

What size grants does Pasquale Nestico Foundation award?

In 2021, Pasquale Nestico Foundation awarded 2 grants totaling $3K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Pasquale Nestico Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Pasquale Nestico Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.