Petrello Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 7 grants totaling $322K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.0M
-1.3% YoY
Annual Giving
$322K
+165.1% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$46K
+165.1% YoY
Under IRS private-foundation payout rules, Petrello Family Foundation reported a distributable amount of $17K for 2025 — the minimum it must pay out in qualifying distributions.
About Petrello Family Foundation
Based on IRS filings
Petrello Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 7 grants totaling $322K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,999,053 | $2,025,663 | $2,332,462 |
| Revenue | $298,626 | $-182,131 | $62,011 |
| Expenses | $325,236 | $124,668 | $63,437 |
| Qualifying Distributions | $322,000 | $121,450 | $60,220 |
| Net Investment Income | — | — | — |
| Distributable Amount | $17,426 | $29,563 | $41,887 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Newark Academy ($200,000), The Herman Park Conservancy ($50,000), Alley Theatre ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE HERMAN PARK CONSERVANCY HOUSTON, TX | SUPPORT IMPROVEMENT OF HERMANN PARK | $50,000 |
| HOUSTON METHODIST HOSPITAL HOUSTON, TX | TO SUPPORT GLOBAL HEALTH CARE | $20,000 |
| THE SALVATION ARMY WOMENS HOUSTON, TX | TO SUPPORT WOMEN | $500 |
| FEEDING AMERICA CHICAGO, IL | TO SUPPORT HUNGER PREVENTION | $500 |
| ALLEY THEATRE HOUSTON, TX | TO SUPPORT THE ARTS | $50,000 |
| SHEPHERDS OF YOURTH CHATHAM, NJ | TO SUPPORT RELIGION | $1,000 |
| NEWARK ACADEMY LININGSTON, NJ | TO SUPPORT YOUTH EDUCATION | $200,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANTHONY G PETRELLO | DIRECTOR | — | — |
| CYNTHIA A PETRELLO | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Petrello Family Foundation?
Petrello Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $2.0M in total assets as of 2025.
How large is Petrello Family Foundation?
As of 2025, Petrello Family Foundation holds $2.0M in total assets with $299K in annual revenue. It awarded 7 grants totaling $322K in 2025.
Where does Petrello Family Foundation operate?
Petrello Family Foundation has awarded grants in Colorado, Connecticut, Florida, Illinois, Missouri, Nebraska, New Hampshire, New Jersey, New York, Texas.
What size grants does Petrello Family Foundation award?
In 2025, Petrello Family Foundation awarded 7 grants totaling $322K — an average of about $46K per grant, based on its IRS Form 990 filings.
How much is Petrello Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Petrello Family Foundation reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Petrello Family Foundation's EIN?
Petrello Family Foundation's EIN (Employer Identification Number) is 01-0559509. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Petrello Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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