Richard and Terez Abatecola is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HUDSON, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 20 grants totaling $139K. Net investment income was $313K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
+7.0% YoY
Annual Giving
$139K
+20.9% YoY
Grant Count
20
+53.8% YoY
Avg Grant Size
$7K
-21.4% YoY
Under IRS private-foundation payout rules, Richard and Terez Abatecola reported a distributable amount of $135K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard and Terez Abatecola
Based on IRS filings
Richard and Terez Abatecola is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HUDSON, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 20 grants totaling $139K. Net investment income was $313K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,651,578 | $2,477,631 | $2,644,575 |
| Revenue | $442,888 | $42,042 | $167,877 |
| Expenses | $268,941 | $208,986 | $248,716 |
| Qualifying Distributions | $139,000 | $114,000 | $175,000 |
| Net Investment Income | $312,947 | — | $94,161 |
| Distributable Amount | $135,170 | $131,886 | $141,830 |
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
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Leukemia & Lymphoma Society ($17,000), Memorial Sloan Kettering Cancer Center ($16,000), Columbia Memorial Hospital ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COLUMBIA MEMORIAL HOSPITAL HUDSON, NY | UNRESTRICTED | $10,000 |
| HOLY TRINITY CHURCH FBO SAINT MARY'S HUDSON, NY | UNRESTRICTED | $7,000 |
| LEUKEMIA & LYMPHOMA SOCIETY ALBANY, NY | UNRESTRICTED | $17,000 |
| MEMORIAL SLOAN KETTERING CANCER CENTER NEW YORK, NY | UNRESTRICTED | $16,000 |
| REGIONAL FOOD BANK OF NE LATHAM, NY | UNRESTRICTED | $5,000 |
| ST PATRICKS SCHOOL CATSKILL, NY | UNRESTRICTED | $7,000 |
| YORKTOWN STAGE KIDS YORKTOWN HEIGHTS, NY | UNRESTRICTED | $10,000 |
| FISHKILL PLAINS ELEMENTARY SCHOOL WAPPINGERS FALLS, NY | UNRESTRICTED | $5,000 |
| HUDSON POLICE DEPARTMENT HUDSON, NY | UNRESTRICTED | $10,000 |
| HUNTINGTON HOSPITAL HUNTINGTON, NY | UNRESTRICTED | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTIE M BACCHIONI | PRESIDENT | 1 | — |
| RICHARD D ABATECOLA | VICE PRESIDENT | 1 | — |
| TEREZ M ABATECOLA | TREASURER | 1 | — |
| MATTHEW BACCHIONI | DIRECTOR | 1 | $70,272 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard and Terez Abatecola?
Richard and Terez Abatecola is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HUDSON, NY. It holds $2.7M in total assets as of 2024.
How large is Richard and Terez Abatecola?
As of 2024, Richard and Terez Abatecola holds $2.7M in total assets with $443K in annual revenue. It awarded 20 grants totaling $139K in 2024.
Where does Richard and Terez Abatecola operate?
Richard and Terez Abatecola has awarded grants in California, Colorado, Massachusetts, North Carolina, New Jersey, New York, Virginia.
What size grants does Richard and Terez Abatecola award?
In 2024, Richard and Terez Abatecola awarded 20 grants totaling $139K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Richard and Terez Abatecola required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard and Terez Abatecola reported a distributable amount of $135K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard and Terez Abatecola's EIN?
Richard and Terez Abatecola's EIN (Employer Identification Number) is 90-0283747. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Richard and Terez Abatecola's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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