Sons & Daughters of Italy Foundation Inc
Sons & Daughters of Italy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWALK, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 2 grants totaling $80K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-4.2% YoY
Annual Giving
$80K
+44.9% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$40K
+189.9% YoY
Under IRS private-foundation payout rules, Sons & Daughters of Italy Foundation Inc reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
About Sons & Daughters of Italy Foundation Inc
Based on IRS filings
Sons & Daughters of Italy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWALK, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 2 grants totaling $80K. Net investment income was $21K.
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 | $1,283,699 | $1,339,484 | $1,363,570 |
| Revenue | $28,512 | $43,458 | $1,366,817 |
| Expenses | $87,906 | $60,030 | $3,247 |
| Qualifying Distributions | $80,000 | $55,200 | — |
| Net Investment Income | $20,929 | $40,019 | $54,482 |
| Distributable Amount | $56,760 | $57,662 | $53,622 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pietro Micca Lodge No 744 Inc ($50,000), Pietro Micca Lodge No 744 Inc ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PIETRO MICCA LODGE NO 744 INC NORWALK, CT | COLLEGE SCHOLARSHIPS. | $50,000 |
| PIETRO MICCA LODGE NO 744 INC NORWALK, CT | OPERATING EXPENSES. | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANTHONY PERRONE | PRESIDENT & DIRECTOR | — | — |
| MARIE DICERTO IANNAZZI | SECRETARY & DIRECTOR | — | — |
| CARMINE RAGOSA | TREASURER & DIRECTOR | — | — |
| FRED BONDI | VICE PRESIDENT & DIRECTOR | — | — |
| JAMES ANDERSON | DIRECTOR | — | — |
| JOHN TROY | DIRECTOR | — | — |
| JOHN CARDAMONE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sons & Daughters of Italy Foundation Inc?
Sons & Daughters of Italy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORWALK, CT. It holds $1.3M in total assets as of 2024.
How large is Sons & Daughters of Italy Foundation Inc?
As of 2024, Sons & Daughters of Italy Foundation Inc holds $1.3M in total assets with $29K in annual revenue. It awarded 2 grants totaling $80K in 2024.
Where does Sons & Daughters of Italy Foundation Inc operate?
Sons & Daughters of Italy Foundation Inc has awarded grants in Connecticut, New York.
What size grants does Sons & Daughters of Italy Foundation Inc award?
In 2024, Sons & Daughters of Italy Foundation Inc awarded 2 grants totaling $80K — an average of about $40K per grant, based on its IRS Form 990 filings.
How much is Sons & Daughters of Italy Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sons & Daughters of Italy Foundation Inc reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sons & Daughters of Italy Foundation Inc's EIN?
Sons & Daughters of Italy Foundation Inc's EIN (Employer Identification Number) is 85-3997132. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.