The Annette and Anthony Albanese Foundation

WILMINGTON, DE EIN: 20-8068320

The Annette and Anthony Albanese Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 22 grants totaling $39K. Net investment income was $185K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

+2.8% YoY

Annual Giving

$39K

-90.8% YoY

Grant Count

22

+83.3% YoY

Avg Grant Size

$2K

-95.0% YoY

Under IRS private-foundation payout rules, The Annette and Anthony Albanese Foundation reported a distributable amount of $124K for 2024 — the minimum it must pay out in qualifying distributions.

About The Annette and Anthony Albanese Foundation

Based on IRS filings

The Annette and Anthony Albanese Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 22 grants totaling $39K. Net investment income was $185K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

AlexandriaBloomingtonBostonBoulderBreckenridgeBrooklynCarle PlaceCharlottesvleChicagoClackamasFranklinGlen CoveHauppaugeHicksvilleHighland ParkHuntingtonHurleyKansas CityLocust ValleyLos Angeles

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$309K$619K$928K$1M20202021202220232024
Metric202420232022
Total Assets$2,314,622$2,252,263$1,588,406
Revenue$135,572$1,125,001$652,676
Expenses$72,794$461,250$57,561
Qualifying Distributions$49,647$438,556$45,660
Net Investment Income$184,636$419,787$31,225
Distributable Amount$124,171$100,598$56,621

Giving Over Time

Total grant dollars and number of grants per year

$0$107K$214K$321K$429K14 grants202018 grants202116 grants202212 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NAMI QUEENS-NASSAU INC$5KUSDAN CENTER FOR THE CRE…$5KTELL EVERY AMAZING LADY …$5KLONG ISLAND CARES INC$3KMEMORIAL SLOAN-KETTERING…$3KNORTH SHORE CHILD AND FA…$3KWOMEN FOR WOMEN INTERNAT…$3KARDEN THEATRE COMPANY$2KWEST END COMMUNITY CHURCH$2KMEMORIAL SLOAN-KETTERING…$2K

Grant Size Distribution

82 grants across all recorded years

79<$50K$50–100K1$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Nami Queens-nassau Inc ($5,000), Usdan Center for the Creative and Performing Arts ($5,000), Tell Every Amazing Lady About Ovarian Cancer Found ($4,500).

RecipientPurposeAmount
ALS THERAPY DEVELOPMENT FOUNDATION INC WATERTOWN, MAGeneral & Unrestricted$750
ARDEN THEATRE COMPANY PHILADELPHIA, PAGeneral & Unrestricted$2,000
BRECKENRIDGE OUTDOOR EDUCATION CENTER BRECKENRIDGE, COGeneral & Unrestricted$500
CHICK MISSION NEW YORK, NYGeneral & Unrestricted$1,000
CHILD MIND INSTITUTE INC NEW YORK, NYGeneral & Unrestricted$500
COREGIVING CO CHICAGO, ILGeneral & Unrestricted$1,000
FIRE FAMILY FOUNDATION PASADENA, CAGeneral & Unrestricted$500
HYPEREMESIS EDUCATION & RESEARCH FOUNDATION CLACKAMAS, ORGeneral & Unrestricted$1,000
LONG ISLAND CARES INC HAUPPAUGE, NYGeneral & Unrestricted$2,500
MEMORIAL SLOAN-KETTERING CANCER CENTER The Societ NEW YORK, NYGeneral & Unrestricted$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Annette AlbaneseDir1
Russell C AlbaneseDir1
Elena D'AgostinoDir, Sec1
Deborah KleinDir, Pres1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Annette and Anthony Albanese Foundation?

The Annette and Anthony Albanese Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $2.3M in total assets as of 2024.

How large is The Annette and Anthony Albanese Foundation?

As of 2024, The Annette and Anthony Albanese Foundation holds $2.3M in total assets with $136K in annual revenue. It awarded 22 grants totaling $39K in 2024.

Where does The Annette and Anthony Albanese Foundation operate?

The Annette and Anthony Albanese Foundation has awarded grants in California, Colorado, Connecticut, District of Columbia, Illinois, Indiana, Massachusetts, Maryland, Missouri, New York, Oregon, Pennsylvania, Tennessee, Virginia.

What size grants does The Annette and Anthony Albanese Foundation award?

In 2024, The Annette and Anthony Albanese Foundation awarded 22 grants totaling $39K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Annette and Anthony Albanese Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Annette and Anthony Albanese Foundation reported a distributable amount of $124K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Annette and Anthony Albanese Foundation's EIN?

The Annette and Anthony Albanese Foundation's EIN (Employer Identification Number) is 20-8068320. IRS Form 990 filing data is available on this page for 2020–2024.

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

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