The Italia-Eire Foundation

Foundation · Grantmaker Atlanta, GA EIN: 26-0270666

The Italia-Eire Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Atlanta, GA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $85K in total assets. In 2023, it awarded 6 grants totaling $10K. Net investment income was $82.

Key facts about The Italia-Eire Foundation

In short: The Italia-Eire Foundation gave $10K across 6 grants in 2023 (avg $2K), mostly in Georgia. Source: 2023 IRS Form 990-PF.

EIN
26-0270666
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$9,550
Grants made (2023)
6
Average grant
$1,592
Median grant
$1,250
Total assets
$85,079
Primary geography
Georgia (55% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$85K

-35.9% YoY

Annual Giving

$10K

-2.6% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$2K

-35.0% YoY

Under IRS private-foundation payout rules, The Italia-Eire Foundation reported a distributable amount of $5K for 2023 — the minimum it must pay out in qualifying distributions.

How The Italia-Eire Foundation gives

  • Giving fell 34% from 2020 to 2023. Method
  • In 2023 it paid out 396% of 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

4states

Share of all 6 itemized 2023 grant dollars.

Cities

AtlantaWashingtonHilton HeadNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K5 grants20204 grants20214 grants20226 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2023

Sovereign Military Order of Malta Federal Associat: $3KSovereign Military Order ofMalta Federal Associat$3KPace Academy Inc: $3K across 2 grantsPace Academy Inc$3K · 2 grantsLovett School: $2KLovett School$2KHilton Head Preparatory School: $1KHilton Head Preparatory School$1KTrinity School Inc: $1KTrinity School Inc$1K

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
SOVEREIGN MILITARY ORDER OF MALTA FEDERAL ASSOCIAT Washington, DCGeneral & Unrestricted$3,300
PACE ACADEMY INC Atlanta, GAGeneral & Unrestricted$2,500
LOVETT SCHOOL Atlanta, GAAnnual Fund$1,500
HILTON HEAD PREPARATORY SCHOOL Hilton Head, SCPrep Pride Fund$1,000
TRINITY SCHOOL INC Atlanta, GAGeneral & Unrestricted$1,000
PACE ACADEMY INC Atlanta, GAPace Academy Arts Alliance$250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020202120222023
Metric202320222021
Total Assets$85,079$132,775$149,113
Revenue$-26,682$4,429$14,565
Expenses$21,014$20,767$20,945
Qualifying Distributions$20,225$19,985$18,451
Net Investment Income$82$3,947$12,860
Distributable Amount$5,105$20,911$21,246

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

The Italia-Eire Foundation is led by Katharine E Allegra Tornusciolo, President on every filing since 2020; none of the 3 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Katharine E Allegra Tornusciolo

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joseph Carmen Allegra

    Trustee, Secretary & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Marilyn D Allegra

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2023. "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 Italia-Eire Foundation

How much does The Italia-Eire Foundation give each year?

The Italia-Eire Foundation gave $10K across 6 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $10K across 4 grants.

What is The Italia-Eire Foundation's typical grant size?

The Italia-Eire Foundation's median grant in 2023 was $1,250, and its average grant was $1,592, across 6 grants on its 2023 IRS Form 990-PF.

Where does The Italia-Eire Foundation give grants?

The Italia-Eire Foundation gives mostly in Georgia: 55% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (35%) and South Carolina (10%). The most frequent recipient cities were Atlanta, GA (4 grants).

Does The Italia-Eire Foundation give general operating support?

Yes: 67% of The Italia-Eire Foundation's 2023 grants with a stated purpose (4 of 6) were for general or operating support, per its 2023 IRS Form 990-PF.

Who are The Italia-Eire Foundation's largest grantees?

The Italia-Eire Foundation's largest 2023 grantees include Sovereign Military Order of Malta Federal Associat ($3,300), Pace Academy Inc ($2,750 across 2 grants) and Lovett School ($1,500), according to its 2023 IRS Form 990-PF. Together they received 79% of its itemized 2023 grant dollars.

How large is The Italia-Eire Foundation?

The Italia-Eire Foundation reported $85K in total assets on its 2023 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).

What is The Italia-Eire Foundation?

The Italia-Eire Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Atlanta, GA. It holds $85K in total assets as of 2023.

What is The Italia-Eire Foundation's EIN?

The Italia-Eire Foundation's EIN (Employer Identification Number) is 26-0270666. IRS Form 990 filing data is available on this page for 2020–2023.

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

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