Pietro Charitable Foundation

Private foundation · Grantmaker Pennington, NJ EIN: 22-3630023

Pietro Charitable Foundation is a private foundation, based in Pennington, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $284K in total assets. In 2025, it awarded 6 grants totaling $13K. Net investment income was $19K.

Pietro Charitable Foundation at a glance

In short: Pietro Charitable Foundation gave $13K across 6 grants in 2025 (avg $2K), mostly in New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$13,000
+11.6% vs 2024
Grants made (2025)
6
-25.0% vs 2024
Average grant
$2,167
+48.8% vs 2024
Median grant
$1,000
Total assets
$284,437
+1.4% vs 2024
Primary geography
New York (73% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Pietro Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Epilepsy Institute Foundation: $9KEpilepsy Institute Foundation$9KAmerican Heart Association: $1KAmerican Heart Association$1KAlzheimers Disease Research Foundation: $1KAlzheimers Disease ResearchFoundation$1KT1 International USA: $1KT1 International USA$1KLike a Daisy: $1KLike a Daisy$1KCommunity Foundation of New Jersey: $500Community Foundation of NewJersey$500

The largest 2025 recipient was Epilepsy Institute Foundation ($9K). Together the top 6 received $13K.

Grant Size Distribution

32 grants across all recorded years

32<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 32 grants of 32 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

New YorkWellesley HillsDallasIndianapolisMemphisLandoverPortlandRoslynMorristownSanta Barbara

How Pietro Charitable Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+4%). Method
  • In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K3 grants2021 8 grants2022 7 grants2023 8 grants2024 6 grants2025

From 2021 to 2025, annual grant giving ranged from $8K (2021) to $13K (2023). In 2025 it made 6 grants totaling $13K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Epilepsy Institute Foundation New York, NYUnrestricted General$8,500
American Heart Association Dallas, TXUnrestricted General$1,000
Alzheimers Disease Research Foundation Wellesley Hills, MAUnrestricted General$1,000
T1 International USA Portland, ORUnrestricted General$1,000
Like a Daisy Roslyn, NYUnrestricted General$1,000
Community Foundation of New Jersey Morristown, NJUnrestricted General$500
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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
2025$284,437$21,031$17,107$13,0006$14,483$18,870$16,306
2024$280,512$21,039$14,834$11,6508$13,544$19,541$14,514
2023$274,333$7,029$16,183$13,2007$14,729$5,711$13,215
2022$283,494$27,238$16,819$12,4418$14,383$25,897$15,187
2021$273,076$42,935$11,563$8,4003—$41,784$14,104

Under IRS private-foundation payout rules, Pietro Charitable Foundation reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Pietro Charitable Foundation's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2021

    2 hrs/week

    $3K (2021) → $3K (2025)

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $3KBank of AmericaTrustee$3K

The highest reported compensation on the 2025 filing was $3K, to Bank of America (Trustee).

Frequently asked questions about Pietro Charitable Foundation

How much does Pietro Charitable Foundation give each year?

Pietro Charitable Foundation gave $13K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12K across 8 grants.

What is Pietro Charitable Foundation's typical grant size?

Pietro Charitable Foundation's median grant in 2025 was $1,000, and its average grant was $2,167, across 6 grants on its 2025 IRS Form 990-PF.

Where does Pietro Charitable Foundation give grants?

Pietro Charitable Foundation gives mostly in New York: 73% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Texas (8%) and Massachusetts (8%).

Does Pietro Charitable Foundation give general operating support?

Yes: 100% of Pietro Charitable Foundation's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Pietro Charitable Foundation's largest grantees?

Pietro Charitable Foundation's largest 2025 grantees include Epilepsy Institute Foundation ($8,500), American Heart Association ($1,000) and Alzheimers Disease Research Foundation ($1,000), according to its 2025 IRS Form 990-PF. Together they received 81% of its itemized 2025 grant dollars.

How large is Pietro Charitable Foundation?

Pietro Charitable Foundation reported $284K in total assets on its 2025 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Pietro Charitable Foundation's EIN?

Pietro Charitable Foundation's EIN (Employer Identification Number) is 22-3630023. IRS Form 990 filing data is available on this page for 2021–2025.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Pietro Charitable 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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