The Granito Family Foundation

PITTSBURGH, PA EIN: 27-6477961

The Granito Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $395K in total assets. In 2024, it awarded 2 grants totaling $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$395K

-2.5% YoY

Annual Giving

$10K

+78.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$5K

+78.6% YoY

Under IRS private-foundation payout rules, The Granito Family Foundation reported a distributable amount of $955 for 2024 — the minimum it must pay out in qualifying distributions.

About The Granito Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $26K (81%)

District of Columbia $5K (16%)

New York $1K (3%)

States

District of Columbia New York Pennsylvania

Cities

New YorkPittsburghSewickleyWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$394,908	$404,908	$410,508
Revenue	—	—	—
Expenses	$10,000	$5,600	$4,500
Qualifying Distributions	$10,000	$5,600	$4,500
Net Investment Income	—	—	—
Distributable Amount	$955	$1,432	$1,716

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

14 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Carnegie Museum of Art ($5,000), Bretton Woods Committee ($5,000).

Recipient	Purpose	Amount
CARNEGIE MUSEUM OF ART PITTSBURGH, PA	GRANT FOR THE WOMEN'S COMMITTEE	$5,000
BRETTON WOODS COMMITTEE WASHINGTON, DC	CONTRIBUTION FOR THE BRETTON WOODS COMMITTEE	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL GRANITO	TRUSTEE	1	—
BARBARA GRANITO	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Granito Family Foundation?

The Granito Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $395K in total assets as of 2024.

How large is The Granito Family Foundation?

As of 2024, The Granito Family Foundation holds $395K in total assets. It awarded 2 grants totaling $10K in 2024.

Where does The Granito Family Foundation operate?

The Granito Family Foundation has awarded grants in District of Columbia, New York, Pennsylvania.

What size grants does The Granito Family Foundation award?

In 2024, The Granito Family Foundation awarded 2 grants totaling $10K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is The Granito Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Granito Family Foundation reported a distributable amount of $955 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.