The Aiello Charitable Foundation Inc
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.
Key facts about The Aiello Charitable Foundation Inc
- EIN
- 30-0069581
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,015,050
- Grants made (2024)
- 58
- Average grant
- $17,501
- Median grant
- $2,750
- Total assets
- $21,609,246
- Primary geography
- Ohio (61% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026.
Who The Aiello Charitable Foundation Inc funds
By grant dollars, the top recipient states for The Aiello Charitable Foundation Inc's 58 itemized 2024 grants were Ohio (61%) and Connecticut (33%). The most frequent recipient cities were Fairfield, CT (9 grants), Norwalk, CT (7 grants), New York, NY (7 grants) and Bridgeport, CT (6 grants). 97% of grants with a stated purpose were for general or operating support.
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
58
-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.
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
Share of all 58 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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
327 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Fidelity Charitable Giving Account ($620,000), Norwalk Hospital ($100,000), Maritime Aquarium the ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FIDELITY CHARITABLE GIVING ACCOUNT CINCINNATI, OH | DONOR ADVISED FUND | $620,000 |
| NORWALK HOSPITAL NORWALK, CT | UNRESTRICTED | $100,000 |
| MARITIME AQUARIUM THE NORWALK, CT | UNRESTRICTED | $25,000 |
| COUNCIL OF ITALIAN-AMERICAN SOCIETIES OF GREATER BRIDGEPORT BRIDGEPORT, CT | UNRESTRICTED | $16,750 |
| BJ RYAN'S FOUNDATION INC NORWALK, CT | UNRESTRICTED | $15,000 |
| FAIRFIELD COUNTRY DAY SCHOOL FAIRFIELD, CT | UNRESTRICTED | $15,000 |
| ST LUKE'S SCHOOL NEW CANAAN, CT | UNRESTRICTED | $15,000 |
| CONNECTICUT COLLEGE NEW LONDON, CT | UNRESTRICTED | $10,000 |
| FAIRFIELD UNIVERSITY FAIRFIELD, CT | UNRESTRICTED | $10,000 |
| GRIFFIN HOSPITAL DERBY, CT | 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 |
|---|---|---|---|
| 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:
A $250,000 donation to Atlantic General Hospital (December 2022)
Doris and Joseph Aiello Donate $250,000 to Atlantic General HospitalSupport for St. Luke's School, as referenced in their 2020-2021 Annual Report
St. Luke's School 2020-2021 Annual Report - IssuuInvolvement 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
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.
Explore Open Grants
Browse active grant opportunities in The Aiello Charitable Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.