Ralph and Lucy Palleschi Family Found

Private foundation · Grantmaker Jericho, NY EIN: 11-3507211

Ralph and Lucy Palleschi Family Found is a private foundation, based in Jericho, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $568K in total assets. In 2025, it awarded 4 grants totaling $75K. Net investment income was $70K.

Key facts about Ralph and Lucy Palleschi Family Found

In short: Ralph and Lucy Palleschi Family Found gave $75K across 4 grants in 2025 (avg $19K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
11-3507211
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$75,000
Grants made (2025)
4
Average grant
$18,750
Median grant
$7,500
Total assets
$567,963
Primary geography
New York (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$568K

+76.0% YoY

Annual Giving

$75K

+13.6% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$19K

-14.8% YoY

Under IRS private-foundation payout rules, Ralph and Lucy Palleschi Family Found reported a distributable amount of $24K for 2025 — the minimum it must pay out in qualifying distributions.

How Ralph and Lucy Palleschi Family Found gives

  • Giving fell 31% from 2022 to 2025. Method
  • In 2025 it paid out 311% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 4 itemized grants.

States

Cities

AlbertsonSyossetLynbrookNew Hyde ParkJamaicaNew YorkOceanside

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants2020 3 grants2021 2 grants2022 2 grants2023 3 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $57K (2023) to $108K (2022). In 2025 it made 4 grants totaling $75K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

The Viscardi Center: $55KThe Viscardi Center$55KVariety Child Learning Ctr: $10KVariety Child Learning Ctr$10KLynbrook Diamond Booster Club: $5KLynbrook Diamond Booster Club$5KLynbrook Gridiron Club INC: $5KLynbrook Gridiron Club INC$5K

The largest 2025 recipient was The Viscardi Center ($55K). Together the top 4 received $75K.

Grant Size Distribution

14 grants across all recorded years

9<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 14 (64%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Viscardi Center Albertson, NYGeneral Support$55,000
Variety Child Learning Ctr Syosset, NYGeneral Support$10,000
Lynbrook Diamond Booster Club Lynbrook, NYGeneral Support$5,000
Lynbrook Gridiron Club INC Lynbrook, NYGeneral Support$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$567,963$322,731$361,235
Revenue$321,002$27,766$5,433
Expenses$75,770$66,270$57,020
Qualifying Distributions$75,000$66,000$56,750
Net Investment Income$70,064$65,097$54,230
Distributable Amount$24,088$28,237$22,785

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Ralph and Lucy Palleschi Family Found is led by Ralph F Palleschi, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ralph F Palleschi

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lucy Palleschi

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Ralph and Lucy Palleschi Family Found

How much does Ralph and Lucy Palleschi Family Found give each year?

Ralph and Lucy Palleschi Family Found gave $75K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $66K across 3 grants.

What is Ralph and Lucy Palleschi Family Found's typical grant size?

Ralph and Lucy Palleschi Family Found's median grant in 2025 was $7,500, and its average grant was $18,750, across 4 grants on its 2025 IRS Form 990-PF.

Where does Ralph and Lucy Palleschi Family Found give grants?

Ralph and Lucy Palleschi Family Found gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lynbrook, NY (2 grants).

Does Ralph and Lucy Palleschi Family Found give general operating support?

Yes: 100% of Ralph and Lucy Palleschi Family Found's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Ralph and Lucy Palleschi Family Found?

Ralph and Lucy Palleschi Family Found reported $568K in total assets on its 2025 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $24K (roughly 5% of its investment assets).

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 2020–2025.

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

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