Peter & Margaret Zanghi Scholarship Fd is a private foundation focused on Education, based in PITTSFORD, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $296K in total assets. In 2024, it awarded 1 grants totaling $27K. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$296K
+0.3% YoY
Annual Giving
$27K
-1.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$27K
-1.7% YoY
Under IRS private-foundation payout rules, Peter & Margaret Zanghi Scholarship Fd reported a distributable amount of $27K for 2024 — the minimum it must pay out in qualifying distributions.
About Peter & Margaret Zanghi Scholarship Fd
Based on IRS filings
Peter & Margaret Zanghi Scholarship Fd is a private foundation focused on Education, based in PITTSFORD, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $296K in total assets. In 2024, it awarded 1 grants totaling $27K. Net investment income was $32K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $296,349 | $295,316 | $303,289 |
| Revenue | $36,567 | $27,387 | $28,792 |
| Expenses | $35,407 | $35,291 | $37,188 |
| Qualifying Distributions | $31,042 | $31,253 | $32,813 |
| Net Investment Income | $32,454 | $23,572 | $24,851 |
| Distributable Amount | $26,550 | $23,898 | $24,576 |
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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Our Lady of Mercy High School ($27,099).
| Recipient | Purpose | Amount |
|---|---|---|
| Our Lady of Mercy High School Rochester, NY | STUDENT AID | $27,099 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Canandaigua National Bank Trust | Trustee | 1 | $6,609 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Peter & Margaret Zanghi Scholarship Fd?
Peter & Margaret Zanghi Scholarship Fd is a private foundation focused on Education, based in PITTSFORD, NY. It holds $296K in total assets as of 2024.
How large is Peter & Margaret Zanghi Scholarship Fd?
As of 2024, Peter & Margaret Zanghi Scholarship Fd holds $296K in total assets with $37K in annual revenue. It awarded 1 grants totaling $27K in 2024.
Where does Peter & Margaret Zanghi Scholarship Fd operate?
Peter & Margaret Zanghi Scholarship Fd has awarded grants in New York.
What size grants does Peter & Margaret Zanghi Scholarship Fd award?
In 2024, Peter & Margaret Zanghi Scholarship Fd awarded 1 grants totaling $27K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is Peter & Margaret Zanghi Scholarship Fd required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Peter & Margaret Zanghi Scholarship Fd reported a distributable amount of $27K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Peter & Margaret Zanghi Scholarship Fd's EIN?
Peter & Margaret Zanghi Scholarship Fd's EIN (Employer Identification Number) is 20-6886976. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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