Pettit Foundation is a private independent foundation designated as a 501(c)(3) organization. The foundation has been tax-exempt since February 2007 and maintains its primary address at 23430 Hawthorne Blvd Suite 290 in Torrance, California, with a mailing address in Henderson, Nevada.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$46.7M
+10.0% YoY
Annual Giving
$2.6M
+23.2% YoY
Grant Count
26
+13.0% YoY
Avg Grant Size
$101K
+9.0% YoY
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.
Grantmaking
Pettit Foundation is an active grantmaker with typical award ranges between $10,000 and $1,100,000. The foundation's grant-making focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Health Care.
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Geographic Focus
Where this funder awards grants
The foundation primarily directs its funding toward California, New York, and Colorado.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $42.4 million
- Total Revenue: $1.73 million
- Total Expenses: $2.19 million
- Total Liabilities: $0
As of 2024:
- Total Assets: $46.7 million
- Total Giving: $2.625 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $46,695,524 | $42,435,954 | $38,608,858 |
| Revenue | $1,275,438 | $1,731,273 | $1,237,187 |
| Expenses | $2,789,668 | $2,193,958 | $1,561,691 |
| Qualifying Distributions | $2,705,315 | $2,134,650 | $1,483,630 |
| Net Investment Income | $1,191,085 | $1,377,641 | $1,159,126 |
| Distributable Amount | $2,162,361 | $1,976,580 | $2,082,216 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
115 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Smithsonian Institute ($500,000), Planned Parenthood ($300,000), Foundation for Anthropological Stud ($300,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MUSIC ASSOCIATION OF ASPEN Aspen, CO | support | $200,000 |
| THE SANTA FE INSTITUTE SANTA FE, NM | SUPPORT. | $25,000 |
| ACLU NEW YORK, NY | SUPPORT. | $275,000 |
| THE LIGHTHOUSE PROJECT SAN JOSE, CA | SUPPORT | $10,000 |
| PLANNED PARENTHOOD NEW YORK, NY | SUPPORT | $300,000 |
| FOUNDATION FOR ANTHROPOLOGICAL STUD RUPERT, ID | SUPPORT. | $300,000 |
| THE HOPE CENTER LOS ANGELES, CA | SUPPORT. | $50,000 |
| EVERYTOWN FOR GUN SAFETY NEW YORK, NY | SUPPORT. | $100,000 |
| MCDS CORTE MADERA, CA | SUPPORT. | $50,000 |
| CATLIN GABLE SCHOOL PORTLAND, OR | SUPPORT. | $110,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NANCY FURLOTTI | President | — | — |
| ALLISON FURLOTTI | Secretary | — | — |
| PATRICK FURLOTTI | Director | — | — |
| MICHAEL FURLOTTI | Treasurer | — | — |
Contact Information
Address: 23430 Hawthorne Blvd Suite 290, Torrance, CA 90505-4744
Telephone: 310-850-5014
EIN: 20-8043553
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from Pettit Foundation?
Pettit Foundation is an active grantmaker with typical award ranges between $10,000 and $1,100,000. The foundation's grant-making focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Health Care.
Where does Pettit Foundation make grants?
The foundation primarily directs its funding toward California, New York, and Colorado.
What size grants does Pettit Foundation award?
In 2024, Pettit Foundation awarded 26 grants totaling $2.6M — an average of about $101K per grant, based on its IRS Form 990 filings.
How much is Pettit Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pettit Foundation reported a distributable amount of $2.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Pettit Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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