The Jenny and Jay Galluzzo Family Foundation Inc

Private foundation · Grantmaker Old Greenwich, CT EIN: 47-2579607

The Jenny and Jay Galluzzo Family Foundation Inc is a private foundation, based in Old Greenwich, CT. IRS filing data is available from 2019 through 2022. In 2022, it awarded 1 grant totaling $3K. Net investment income was $3.

Key facts about The Jenny and Jay Galluzzo Family Foundation Inc

In short: The Jenny and Jay Galluzzo Family Foundation Inc gave $3K across 1 grant in 2022 (avg $3K), mostly in New York. Source: 2022 IRS Form 990-PF.

EIN
47-2579607
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$3,250
Grants made (2022)
1
Average grant
$3,250
Median grant
$3,250
Primary geography
New York (100% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$3K

-86.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$3K

-86.2% YoY

Under IRS private-foundation payout rules, The Jenny and Jay Galluzzo Family Foundation Inc reported a distributable amount of $138 for 2022 — the minimum it must pay out in qualifying distributions.

How The Jenny and Jay Galluzzo Family Foundation Inc gives

  • Giving fell 87% from 2019 to 2022. Method
  • In 2022 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

1state

Share of the 2022 grant dollars on its one itemized grant.

States

Cities

New York

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2019 2 grants2020 1 grant2021 1 grant2022

From 2019 to 2022, annual grant giving ranged from $3K (2022) to $30K (2020). In 2022 it made 1 grant totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2022

Memorial Sloan Kettering Cancer Center: $3KMemorial Sloan KetteringCancer Center$3K

The largest 2022 recipient was Memorial Sloan Kettering Cancer Center ($3K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Memorial Sloan Kettering Cancer Center New York, NYFor Mission Support$3,250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2019 2020 2021 2022
Metric202220212020
Total Assets—$4,112$3,845
Revenue$198$36,666$26,049
Expenses$3,520$28,005$34,235
Qualifying Distributions$3,520$26,005—
Net Investment Income$3$8,240$4,088
Distributable Amount$138$89$330

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 27, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 27, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 3, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  5. IRS filings on file for fiscal years 2019–2022

Leadership & Key People

Officers and directors from IRS filings

The Jenny and Jay Galluzzo Family Foundation Inc is led by Jay Galluzzo, President on every filing since 2019; none of the 3 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Jay Galluzzo

    President

    On filings since 2019

    No compensation reported

  • Julie Karish

    Director

    On filings since 2019

    No compensation reported

  • Jenny Galluzzo

    Treasurer

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2022. "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 Jenny and Jay Galluzzo Family Foundation Inc

How much does The Jenny and Jay Galluzzo Family Foundation Inc give each year?

The Jenny and Jay Galluzzo Family Foundation Inc gave $3K across 1 grant in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $24K across 1 grant.

Where does The Jenny and Jay Galluzzo Family Foundation Inc operate?

The Jenny and Jay Galluzzo Family Foundation Inc has awarded grants in New York.

How much is The Jenny and Jay Galluzzo Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, The Jenny and Jay Galluzzo Family Foundation Inc reported a distributable amount of $138 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Jenny and Jay Galluzzo Family Foundation Inc's EIN?

The Jenny and Jay Galluzzo Family Foundation Inc's EIN (Employer Identification Number) is 47-2579607. IRS Form 990 filing data is available on this page for 2019–2022.

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

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