The Italia-Eire Foundation

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.

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.

About The Italia-Eire Foundation

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AtlantaHilton HeadNew YorkWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$32K$49K$65K2020202120222023
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

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$7K$11K$15K5 grants20204 grants20214 grants20226 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2023

SOVEREIGN MILITARY ORDER…$3KPACE ACADEMY INC$3KLOVETT SCHOOL$2KHILTON HEAD PREPARATORY …$1KTRINITY SCHOOL INC$1KPACE ACADEMY INC$250

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

Among its reported 2023 grants, the largest include Sovereign Military Order of Malta Federal Associat ($3,300), Pace Academy Inc ($2,500), Lovett School ($1,500).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
Joseph C AllegraTrustee1
Joseph Carmen AllegraSec, Treas1
Marilyn D AllegraTrustee1
Katharine E Allegra TornuscioloPres1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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.

How large is The Italia-Eire Foundation?

As of 2023, The Italia-Eire Foundation holds $85K in total assets with $-26,682 in annual revenue. It awarded 6 grants totaling $10K in 2023.

Where does The Italia-Eire Foundation operate?

The Italia-Eire Foundation has awarded grants in District of Columbia, Georgia, New York, South Carolina.

What size grants does The Italia-Eire Foundation award?

In 2023, The Italia-Eire Foundation awarded 6 grants totaling $10K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Italia-Eire Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Italia-Eire Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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

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