Picotte Family Foundation
The Picotte Family Foundation is a private foundation based in Albany, New York. Established in 1987, it has been tax-exempt since January 1989. The foundation is closely associated with the Picotte family, whose business interests center on the Picotte Companies, a commercial real estate firm founded in the early 1930s by Bernard and Clifford Picotte.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+3.9% YoY
Annual Giving
$200K
-9.5% YoY
Grant Count
19
-24.0% YoY
Avg Grant Size
$11K
+19.1% YoY
Mission & Focus Areas
The foundation's primary purpose is giving to Roman Catholic churches, schools, and organizations. Its funding focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Historic Buildings Preservation
- Historic Preservation
- Arts
Grantmaking
The foundation supports educational institutions, health organizations, and community service organizations throughout the Capital Region.
Grant Range
s:** Typical awards range from $1,000 to $50,000.
Ready to take the next step with Picotte Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, with a particular emphasis on the Capital Region (Albany area).
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $2,871,004 (as of 2024)
Total Giving: $200,000 (most recent filing)
Total Assets (2023): $2.76 million
Revenue (2023): $150,294
Expenses (2023): $277,672
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,871,004 | $2,762,129 | $2,960,862 |
| Revenue | $396,530 | $150,294 | $209,900 |
| Expenses | $260,038 | $277,672 | $317,133 |
| Qualifying Distributions | $220,731 | $239,665 | $278,442 |
| Net Investment Income | $357,265 | $114,209 | $175,653 |
| Distributable Amount | $245,756 | $223,374 | $231,858 |
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
107 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The Picotte family has a long history of community service and philanthropy in the Capital Region. Family members involved in philanthropic efforts have included:
- John Picotte
- Michael Picotte and Margaret (Margi) Picotte
- William B. Picotte (1949-2021)
- Rhea and Jim Clark
- Bill and Susan Picotte
- Ellen Picotte
The family was recognized as a 1997 Citizen Laureate Award winner by the University at Albany Foundation for significant contributions to the community and academic world.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN D PICOTTE | TRUSTEE | 1 | — |
| MICHAEL B PICOTTE | TRUSTEE | 1 | — |
| RHEA P CLARK | TRUSTEE | 2 | — |
| MARCIA P FLOYD | TRUSTEE | 1 | — |
Contact Information
Address: 20 Corporate Woods Blvd Ste 600, Albany, NY 12211-2358
Telephone: 518-465-4747
EIN: 14-1699412
Related Funders
Similar funders by location and focus area
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Picotte Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities