The Aiello Charitable Foundation Inc

BRIDGEPORT, CT EIN: 30-0069581

The Aiello Charitable Foundation Inc is an independent foundation established in 2003 and based in Bridgeport, Connecticut. The foundation operates as a 501(c)(3) grantmaking organization with no employees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$21.6M

+3.0% YoY

Annual Giving

$1.0M

+2.4% YoY

Grant Count

-1.7% YoY

Avg Grant Size

$18K

+4.1% YoY

Under IRS private-foundation payout rules, The Aiello Charitable Foundation Inc reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation has demonstrated active grantmaking in recent years, with notable contributions including:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $3.0M (62%)

Connecticut $1.6M (33%)

New York $143K (3%)

Georgia $28K (1%)

Tennessee $25K (1%)

Florida $21K (0%)

Massachusetts $11K (0%)

Pennsylvania $10K (0%)

+8 more states

States

California Connecticut District of Columbia Florida Georgia Iowa Illinois Indiana Massachusetts North Carolina New Jersey New York Ohio Pennsylvania Tennessee Texas

Cities

AtlantaBeacon FallsBethelBostonBridgeportCarol StreamCincinnatiConcordDarienDecaturDerbyDes MoinesDurhamEastonFairfieldFarmingtonHamdenHartfordIndianapolisIrving

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$21,609,246	$20,976,018	$21,501,525
Revenue	$1,349,223	$549,360	$641,446
Expenses	$1,024,555	$1,077,020	$990,138
Qualifying Distributions	$1,015,050	$1,055,810	$970,180
Net Investment Income	$1,339,848	$599,015	$625,988
Distributable Amount	$1,040,595	$1,026,019	$1,034,396

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

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fidelity Charitable Giving Account ($620,000), Norwalk Hospital ($100,000), Maritime Aquarium the ($25,000).

Recipient	Purpose	Amount
ALZHEIMER'S ASSOCIATION PURCHASE, NY	UNRESTRICTED	$1,000
ANIMAL HAVEN NORTH HAVEN, CT	UNRESTRICTED	$1,000
BJ RYAN'S FOUNDATION INC NORWALK, CT	UNRESTRICTED	$15,000
BULLARD HAVENS TECHNICAL HS BRIDGEPORT, CT	UNRESTRICTED	$2,000
CONNECTICUT BURNS CARE FOUNDATION INC MILFORD, CT	UNRESTRICTED	$5,000
CONNECTICUT COLLEGE NEW LONDON, CT	UNRESTRICTED	$10,000
CONNECTICUT FOODSHARE WALLINGFORD, CT	UNRESTRICTED	$2,500
COUNCIL OF ITALIAN-AMERICAN SOCIETIES OF GREATER BRIDGEPORT BRIDGEPORT, CT	UNRESTRICTED	$16,750
FAIRFIELD COUNTRY DAY SCHOOL FAIRFIELD, CT	UNRESTRICTED	$15,000
FAIRFIELD POLICE FOUNDATION CT FAIRFIELD, CT	UNRESTRICTED	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DAVID LEHN	MEMBER OF GOVERNING COUNCI	2	—
LEONARD DINARDO	PRESIDENT, ASST SECY, ASST	2	—
PETER DINARDO	VP, ASST SECY, TREASURER	2	—
MELISSA DINARDO	EXEC VP, SECRETARY, ASST T	1	—

Recent Activity & Grantmaking

Recent developments and announcements

The foundation has demonstrated active grantmaking in recent years, with notable contributions including:

2022

A $250,000 donation to Atlantic General Hospital (December 2022)

Doris and Joseph Aiello Donate $250,000 to Atlantic General Hospital

2020

Support for St. Luke's School, as referenced in their 2020-2021 Annual Report

St. Luke's School 2020-2021 Annual Report - Issuu

Involvement with the Hartford Marathon Foundation's Aiello Inspiration Team, which recognizes outstanding volunteers and runners

Hartford Marathon Foundation Seeks Nominations of Outstanding Volunteers,

The foundation appears to focus on supporting healthcare institutions and educational organizations within Connecticut and the broader New England region.

Location & Contact

Address: 323 North Ave, Bridgeport, CT 06606-5125
Phone: 203-333-0206
EIN: 30-0069581

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

How do I apply for a grant from The Aiello Charitable Foundation Inc?

The foundation has demonstrated active grantmaking in recent years, with notable contributions including: • A $250,000 donation to Atlantic General Hospital (December 2022) • Support for St. Luke's School, as referenced in their 2020-2021 Annual Report • Involvement with the Hartford Marathon Foundation's Aiello Inspiration Team, which recognizes outstanding volunteers and runners The foundation appears to focus on supporting healthcare institutions and educational organizations within Connecti…

What size grants does The Aiello Charitable Foundation Inc award?

In 2024, The Aiello Charitable Foundation Inc awarded 58 grants totaling $1.0M — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is The Aiello Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Aiello Charitable Foundation Inc reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Aiello Charitable Foundation Inc's EIN?

The Aiello Charitable Foundation Inc's EIN (Employer Identification Number) is 30-0069581. IRS Form 990 filing data is available on this page for 2020–2024.