Salvatore Giordano Foundation

VERO BEACH, FL EIN: 11-6003606

Salvatore Giordano Foundation is a private foundation, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $574K in total assets. In 2021, it awarded 5 grants totaling $16K. Net investment income was $42K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$574K

+3.7% YoY

Annual Giving

$16K

-33.7% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$3K

-33.7% YoY

Under IRS private-foundation payout rules, Salvatore Giordano Foundation reported a distributable amount of $27K for 2021 — the minimum it must pay out in qualifying distributions.

About Salvatore Giordano Foundation

Based on IRS filings

Salvatore Giordano Foundation is a private foundation, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $574K in total assets. In 2021, it awarded 5 grants totaling $16K. Net investment income was $42K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

EdgartownOak BluffsVero BeachVineyard Haven

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12K$23K$35K$47K20202021
Metric20212020
Total Assets$574,058$553,814
Revenue$42,405$15,980
Expenses$17,600$25,585
Qualifying Distributions
Net Investment Income$42,405$15,980
Distributable Amount$27,099$28,190

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$18K$24K5 grants20205 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2021

ISLAND AUTISM GROUP$5KMARTHAS VINEYARD MUSEUM$5KINDIAN RIVER COUNTY HABI…$3KQUAIL VALLEY CHARITIES$3KMARTHAS VINEYARD HABITAT…$1K

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Island Autism Group ($5,000), Marthas Vineyard Museum ($5,000), Indian River County Habitat for Humanity ($2,500).

RecipientPurposeAmount
INDIAN RIVER COUNTY HABITAT FOR HUMANITY VERO BEACH, FLCHARITABLE$2,500
ISLAND AUTISM GROUP EDGARTOWN, MACHARITABLE$5,000
MARTHAS VINEYARD HABITAT FOR HUMANITY EDGARTOWN, MACHARITABLE$1,000
MARTHAS VINEYARD MUSEUM VINEYARD HAVEN, MACHARITABLE$5,000
QUAIL VALLEY CHARITIES VERO BEACH, FLCHARITABLE$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
JOSEPH GIORDANOVICE-PRES
SALVATORE GIORDANO JRPRES

Frequently Asked Questions

How large is Salvatore Giordano Foundation?

As of 2021, Salvatore Giordano Foundation holds $574K in total assets with $42K in annual revenue. It awarded 5 grants totaling $16K in 2021.

Where does Salvatore Giordano Foundation operate?

Salvatore Giordano Foundation has awarded grants in Florida, Massachusetts.

What size grants does Salvatore Giordano Foundation award?

In 2021, Salvatore Giordano Foundation awarded 5 grants totaling $16K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Salvatore Giordano Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Salvatore Giordano Foundation reported a distributable amount of $27K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Salvatore Giordano Foundation's EIN?

Salvatore Giordano Foundation's EIN (Employer Identification Number) is 11-6003606. IRS Form 990 filing data is available on this page for 2020–2021.

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

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