The Granito Family Foundation
The Granito Family Foundation is a private foundation, 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.
Key facts about The Granito Family Foundation
In short: The Granito Family Foundation gave $10K across 2 grants in 2024 (avg $5K), mostly in Pennsylvania. Source: 2024 IRS Form 990-PF.
- EIN
- 27-6477961
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $10,000
- Grants made (2024)
- 2
- Average grant
- $5,000
- Median grant
- $5,000
- Total assets
- $394,908
- Primary geography
- Pennsylvania (50% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$395K
-2.5% YoY
Annual Giving
$10K
+78.6% YoY
Grant Count
2
+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.
How The Granito Family Foundation gives
- Giving grew 56% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5K (2022) to $10K (2024). In 2024 it made 2 grants totaling $10K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Carnegie Museum of Art ($5K). Together the top 2 received $10K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 14 grants of 14 (100%).
Giving History
Grant recipients and amounts by year
| 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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $394,908 | $404,908 | $410,508 |
| Expenses | $10,000 | $5,600 | $4,500 |
| Qualifying Distributions | $10,000 | $5,600 | $4,500 |
| Distributable Amount | $955 | $1,432 | $1,716 |
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 Granito Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Barbara Granito
Trustee
On filings since 2020
1 hr/week
No compensation reported
Michael Granito
Trustee
On filings since 2020
1 hr/week
No compensation reported
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 Granito Family Foundation
How much does The Granito Family Foundation give each year?
The Granito Family Foundation gave $10K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6K across 2 grants.
How large is The Granito Family Foundation?
The Granito Family Foundation reported $395K in total assets on its 2024 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $955 (roughly 5% of its investment assets).
Where does The Granito Family Foundation operate?
The Granito Family Foundation has awarded grants in District of Columbia, New York, Pennsylvania.
What is The Granito Family Foundation's EIN?
The Granito Family Foundation's EIN (Employer Identification Number) is 27-6477961. 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.
Here's the math on researching The Granito Family Foundation by hand.
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