Pettit Foundation

Private foundation · Grantmaker Torrance, CA EIN: 20-8043553

The Pettit Foundation is a private foundation based in Torrance, California. It supports preselected charitable organizations; its 2024 filing says it does not accept unsolicited requests for funds.

Pettit Foundation at a glance

In short: Pettit Foundation gave $2.6M across 26 grants in 2024 (avg $101K), top state New York. 23% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$2,625,000
+23.2% vs 2023
Grants made (2024)
26
+13.0% vs 2023
Average grant
$100,962
+9.0% vs 2023
Median grant
$50,000
Total assets
$46,695,524
+10.0% vs 2023
New grantees (estimate)
23% first-time grantees (6 of 26, 2024)
Primary geography
New York (31% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Pettit Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 23430 Hawthorne Blvd 290, Torrance, CA 90505
Phone: (310) 850-5014

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Pettit Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

The Smithsonian Institute: $500KThe Smithsonian Institute$500KPlanned Parenthood: $300KPlanned Parenthood$300KACLU: $275KACLU$275KMusic Association of Aspen: $200KMusic Association of Aspen$200KCatlin Gable School: $110KCatlin Gable School$110KEverytown for Gun Safety: $100KEverytown for Gun Safety$100KAmericans for Oxford: $100KAmericans for Oxford$100KAspen Center for Environmental: $100KAspen Center for Environmental$100KOperation Push: $100KOperation Push$100KThe Hope Center: $50KThe Hope Center$50K

The largest 2024 recipient was The Smithsonian Institute ($500K). Together the top 10 received $1.8M.

Organizations only. It also paid 1 grant to individuals ($300,000), which are not listed by name.

Grant Size Distribution

115 grants across all recorded years

41<$50K32$50–100K33$100–250K7$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 41 grants of 115 (36%).

Geographic Focus

Where this funder awards grants

In 2024, the largest shares of grant dollars went to recipients in New York (31%), Washington, DC (19%), Colorado (14%), Idaho (11%), and California (11%).

Grant Distribution by State

11states

Share of 2024 grant dollars across all 26 itemized grants.

Cities

New YorkAspenSan FranciscoPortlandCorte MaderaGlenwood SpringsSanta FeWashingtonLos AngelesAtascaderBig BearCambridgeRochesterSt CloudFresh MeadowsSan JoseBozemanEugeneMakawaoMalibu

Is Pettit Foundation open to new grantees?

23%

first-time grantees, 2024

In 2024, 6 of 26 grantees (23%) were first-time recipients. First grants averaged $138K; repeat grants $90K. How we count

Medians: $50K first-time, $50K repeat.

  • 65% of 2024 grantees were also funded in 2023. Method
  • Giving grew 58% from 2021 to 2024. Method
  • In 2024 it paid out 125% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M26 grants2020 18 grants2021 22 grants2022 23 grants2023 26 grants2024

From 2020 to 2024, annual grant giving ranged from $1.5M (2022) to $2.6M (2024). In 2024 it made 26 grants totaling $2.6M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Smithsonian Institute Wahington, DCSupport.$500,000
Planned Parenthood New York, NYSupport$300,000
1 grant to individuals Recipients not named —$300,000
ACLU New York, NYSupport.$275,000
Music Association of Aspen Aspen, COsupport$200,000
Catlin Gable School Portland, ORSupport.$110,000
Everytown for Gun Safety New York, NYSupport.$100,000
Americans for Oxford New York, NYSupport.$100,000
Aspen Center for Environmental Aspen, COSupport.$100,000
Operation Push Portland, ORSupport$100,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$46,695,524$1,275,438$2,789,668$2,625,00026$2,705,315$1,191,085$2,162,361
2023$42,435,954$1,731,273$2,193,958$2,130,00023$2,134,650$1,377,641$1,976,580
2022$38,608,858$1,237,187$1,561,691$1,473,34122$1,483,630$1,159,126$2,082,216
2021$46,602,426$1,118,871$1,742,203$1,658,79018$1,670,418$1,047,086$2,175,329
2020$42,326,835$3,246,172$2,125,835$2,069,11126—$887,426$1,943,609

Under IRS private-foundation payout rules, Pettit Foundation reported a distributable amount of $2.2M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied purposes. For example, Planned Parenthood Global describes its mission as advancing sexual and reproductive health services and rights internationally, while Everytown for Gun Safety Action Fund says it works to promote gun-safety legislation and reduce gun violence. Aspen Center for Environmental Studies describes its mission as inspiring lifelong commitment to the earth through programming for all ages. Other grantees include organizations supporting education, health care, and social services.

Grantmaking

In 2024, the foundation made 26 grants totaling $2,625,000. Grants ranged from $10,000 to $500,000, with a median of $50,000. The largest listed grants included $500,000 to the Smithsonian Institute, $300,000 each to Planned Parenthood and the Foundation for Anthropological Study, and $275,000 to the ACLU. Other notable grants were $200,000 to Music Association of Aspen and $100,000 each to Everytown for Gun Safety, Americans for Oxford, Aspen Center for Environmental Studies, and Operation Push.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Nancy Furlotti as president, Allison Furlotti as secretary, Patrick Furlotti as director, and Michael Furlotti as treasurer.

Pettit Foundation is led by Nancy Furlotti, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Nancy Furlotti

    President

    On filings since 2020

    No compensation reported

  • Patrick Furlotti

    Director

    On filings since 2020

    No compensation reported

  • Allison Furlotti

    Secretary

    On filings since 2020

    No compensation reported

  • Michael Furlotti

    Treasurer

    On filings since 2020

    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 Pettit Foundation

How much does Pettit Foundation give each year?

Pettit Foundation gave $2.6M across 26 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.1M across 23 grants.

What is Pettit Foundation's typical grant size?

Pettit Foundation's median grant in 2024 was $50,000, and its average grant was $100,962, across 26 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Pettit Foundation that year got $138K on average.

Where does Pettit Foundation give grants?

Pettit Foundation's top state is New York, with 31% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (19%) and Colorado (14%). The most frequent recipient cities were New York, NY (5 grants), Aspen, CO (3 grants), Portland, OR (2 grants) and San Francisco, CA (2 grants).

Does Pettit Foundation give general operating support?

Not in 2024: none of the 26 grants with a stated purpose on Pettit Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support" (26 grants).

Who are Pettit Foundation's largest grantees?

Pettit Foundation's largest 2024 grantees include The Smithsonian Institute ($500,000), Planned Parenthood ($300,000) and ACLU ($275,000), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($300,000), which are not listed by name. Together they received 41% of its itemized 2024 grant dollars.

How large is Pettit Foundation?

Pettit Foundation reported $46.7M in total assets on its 2024 IRS Form 990-PF. It paid out $2.7M in qualifying distributions that year, against a required minimum of $2.2M (roughly 5% of its investment assets).

What does Pettit Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied purposes. See mission & focus areas ↑

How do I apply for a grant from Pettit Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Pettit Foundation's EIN?

Pettit Foundation's EIN (Employer Identification Number) is 20-8043553. IRS Form 990 filing data is available on this page for 2020–2024.

Does Pettit Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 5, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 14, 2025)
  5. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Pettit Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/pettit-foundation-morg_2b2cfc6791ba4f0aac2c20a9fa2112a4

BibTeX
@misc{grantable_208043553_2026,
  author       = {{Grantable}},
  title        = {{Pettit Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/pettit-foundation-morg_2b2cfc6791ba4f0aac2c20a9fa2112a4},
  note         = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Pettit Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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