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. 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.
Key facts about The Annette and Anthony Albanese Foundation
In short: The Annette and Anthony Albanese Foundation gave $39K across 22 grants in 2024 (avg $2K), mostly in New York. 57% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 20-8068320
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $39,400
- Grants made (2024)
- 22
- Average grant
- $1,791
- Median grant
- $1,000
- New grantees (estimate)
- 57% first-time grantees (12 of 21, 2024)
- Total assets
- $2,314,622
- Primary geography
- New York (71% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
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.
Is The Annette and Anthony Albanese Foundation open to new grantees?
57%
first-time grantees, 2024
In 2024, 12 of 21 grantees (57%) were first-time recipients. First grants averaged $2K; repeat grants $2K. How we count
Medians: $1K first-time, $2K repeat.
- 24% of 2024 grantees were also funded in 2023. Method
- Giving fell 86% from 2021 to 2024. Method
- In 2024 it paid out 40% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 22 itemized 2024 grant dollars.
States
Cities
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
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| NAMI QUEENS-NASSAU INC Carle Place, NY | General & Unrestricted | $5,000 |
| USDAN CENTER FOR THE CREATIVE AND PERFORMING ARTS Wheatley HTS, NY | General & Unrestricted | $5,000 |
| TELL EVERY AMAZING LADY ABOUT OVARIAN CANCER FOUND Brooklyn, NY | General & Unrestricted | $4,500 |
| LONG ISLAND CARES INC Hauppauge, NY | General & Unrestricted | $2,500 |
| MEMORIAL SLOAN-KETTERING CANCER CENTER The Societ New York, NY | to support Myelofibrosis Research | $2,500 |
| NORTH SHORE CHILD AND FAMILY GUIDANCE ASSOCIATION Roslyn HTS, NY | General & Unrestricted | $2,500 |
| WOMEN FOR WOMEN INTERNATIONAL Washington, DC | General & Unrestricted | $2,500 |
| ARDEN THEATRE COMPANY Philadelphia, PA | General & Unrestricted | $2,000 |
| WEST END COMMUNITY CHURCH Nashville, TN | UpRise Nashville Fund | $2,000 |
| MEMORIAL SLOAN-KETTERING CANCER CENTER The Societ New York, NY | General & Unrestricted | $1,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Annette and Anthony Albanese Foundation is led by Deborah Klein, Director & President since 2023 (on filings since 2020); none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Deborah Klein
Director & President
Director & Vice President → Director & President, 2023
On filings since 2020
1 hr/week
No compensation reported
Annette Albanese
Director
On filings since 2020
1 hr/week
No compensation reported
Elena D'Agostino
Director & Secretary
On filings since 2020
1 hr/week
No compensation reported
Russell C Albanese
Director
Director & Treasurer → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Toni Albanese (2020–2022) — Director & President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Annette and Anthony Albanese Foundation
How much does The Annette and Anthony Albanese Foundation give each year?
The Annette and Anthony Albanese Foundation gave $39K across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $429K across 12 grants.
What is The Annette and Anthony Albanese Foundation's typical grant size?
The Annette and Anthony Albanese Foundation's median grant in 2024 was $1,000, and its average grant was $1,791, across 22 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Annette and Anthony Albanese Foundation that year got $2K on average.
Where does The Annette and Anthony Albanese Foundation give grants?
The Annette and Anthony Albanese Foundation gives mostly in New York: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (6%) and Pennsylvania (5%). The most frequent recipient cities were New York, NY (5 grants).
Does The Annette and Anthony Albanese Foundation give general operating support?
Yes: 86% of The Annette and Anthony Albanese Foundation's 2024 grants with a stated purpose (19 of 22) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Annette and Anthony Albanese Foundation's largest grantees?
The Annette and Anthony Albanese Foundation's largest 2024 grantees include Nami Queens-Nassau Inc ($5,000), Usdan Center for the Creative and Performing Arts ($5,000) and Tell Every Amazing Lady About Ovarian Cancer Found ($4,500), according to its 2024 IRS Form 990-PF. Together they received 37% of its itemized 2024 grant dollars.
How large is The Annette and Anthony Albanese Foundation?
The Annette and Anthony Albanese Foundation reported $2.3M in total assets on its 2024 IRS Form 990-PF. It paid out $50K in qualifying distributions that year, against a required minimum of $124K (roughly 5% of its investment assets).
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.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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