Ralph and Lucy Palleschi Family Found
Ralph and Lucy Palleschi Family Found is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JERICHO, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $323K in total assets. In 2024, it awarded 3 grants totaling $66K. Net investment income was $65K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$323K
-10.7% YoY
Annual Giving
$66K
+16.3% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$22K
-22.5% YoY
Under IRS private-foundation payout rules, Ralph and Lucy Palleschi Family Found reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About Ralph and Lucy Palleschi Family Found
Based on IRS filings
Ralph and Lucy Palleschi Family Found is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JERICHO, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $323K in total assets. In 2024, it awarded 3 grants totaling $66K. Net investment income was $65K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $322,731 | $361,235 | $412,822 |
| Revenue | $27,766 | $5,433 | $368,505 |
| Expenses | $66,270 | $57,020 | $112,770 |
| Qualifying Distributions | $66,000 | $56,750 | $108,000 |
| Net Investment Income | $65,097 | $54,230 | $102,674 |
| Distributable Amount | $28,237 | $22,785 | $13,896 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Viscardi Center ($55,000), Variety Child Learning Ctr ($10,000), Northwell Health ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Variety Child Learning Ctr Syosset, NY | General Support | $10,000 |
| The Viscardi Center Albertson, NY | General Support | $55,000 |
| Northwell Health New Hyde Park, NY | General Support | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ralph F Palleschi | President | 1 | — |
| Lucy Palleschi | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ralph and Lucy Palleschi Family Found?
Ralph and Lucy Palleschi Family Found is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JERICHO, NY. It holds $323K in total assets as of 2024.
How large is Ralph and Lucy Palleschi Family Found?
As of 2024, Ralph and Lucy Palleschi Family Found holds $323K in total assets with $28K in annual revenue. It awarded 3 grants totaling $66K in 2024.
Where does Ralph and Lucy Palleschi Family Found operate?
Ralph and Lucy Palleschi Family Found has awarded grants in New York.
What size grants does Ralph and Lucy Palleschi Family Found award?
In 2024, Ralph and Lucy Palleschi Family Found awarded 3 grants totaling $66K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is Ralph and Lucy Palleschi Family Found required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ralph and Lucy Palleschi Family Found reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ralph and Lucy Palleschi Family Found's EIN?
Ralph and Lucy Palleschi Family Found's EIN (Employer Identification Number) is 11-3507211. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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