The Granito Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STAMFORD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it awarded 12 grants totaling $95K. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42K
-53.0% YoY
Annual Giving
$95K
+36.0% YoY
Grant Count
12
+9.1% YoY
Avg Grant Size
$8K
+24.6% YoY
Under IRS private-foundation payout rules, The Granito Family Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
About The Granito Family Foundation
Based on IRS filings
The Granito Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STAMFORD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it awarded 12 grants totaling $95K. Net investment income was $11K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,031 | $89,350 | $157,154 |
| Revenue | $264,945 | $7,964 | $-903 |
| Expenses | $97,223 | $75,743 | $59,459 |
| Qualifying Distributions | $95,491 | $71,229 | $55,709 |
| Net Investment Income | $10,834 | $1,674 | — |
| Distributable Amount | $11,453 | $6,649 | $9,968 |
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
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Weill Cornell Medical College ($25,000), Stamford Hospital Foundation ($20,000), Tiger Woods Foundation ($19,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FRANKLIN AND MARSHALL COLLEGE LANCASTER, PA | UNRESTRICTED GRANT | $10,000 |
| FRIENDS OF NEW CANAAN HOCKEY NEW CANAAN, CT | UNRESTRICTED GRANT | $10,125 |
| ILLINOIS INSTITUTE OF TECHNOLOGY CHICAGO, IL | UNRESTRICTED GRANT | $1,000 |
| MAN CAVE HEALTH MELVILLE, NY | UNRESTRICTED GRANT | $1,000 |
| NEW CANAAN POLICE BENEVOLANT ASSOCIATION INC NEW CANAAN, CT | UNRESTRICTED GRANT | $2,000 |
| NEW CANAAN YMCA NEW CANAAN, CT | UNRESTRICTED GRANT | $4,000 |
| PROSPECTOR THEATER RIDGEFIELD, CT | UNRESTRICTED GRANT | $500 |
| STAMFORD HOSPITAL FOUNDATION STAMFORD, CT | UNRESTRICTED GRANT | $20,000 |
| THE UMBRELLA CLUB INC STAMFORD, CT | UNRESTRICTED GRANT | $1,000 |
| TIGER WOODS FOUNDATION IRVINE, CA | UNRESTRICTED GRANT | $19,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANK H GRANITO III | TRUSTEE | 0.5 | — |
| MONICA A GRANITO | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Granito Family Foundation?
The Granito Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STAMFORD, CT. It holds $42K in total assets as of 2024.
How large is The Granito Family Foundation?
As of 2024, The Granito Family Foundation holds $42K in total assets with $265K in annual revenue. It awarded 12 grants totaling $95K in 2024.
Where does The Granito Family Foundation operate?
The Granito Family Foundation has awarded grants in California, Connecticut, Florida, Illinois, Massachusetts, New York, Ohio, Pennsylvania.
What size grants does The Granito Family Foundation award?
In 2024, The Granito Family Foundation awarded 12 grants totaling $95K — an average of about $8K 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 $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Granito Family Foundation's EIN?
The Granito Family Foundation's EIN (Employer Identification Number) is 20-2916599. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Granito Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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