The Lois & Richard Nicotra Foundation is a private foundation focused on Education, based in STATEN ISLAND, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 94 grants totaling $181K. Net investment income was $656.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10K
-66.4% YoY
Annual Giving
$181K
+61.3% YoY
Grant Count
94
-14.5% YoY
Avg Grant Size
$2K
+88.8% YoY
Under IRS private-foundation payout rules, The Lois & Richard Nicotra Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
About The Lois & Richard Nicotra Foundation
Based on IRS filings
The Lois & Richard Nicotra Foundation is a private foundation focused on Education, based in STATEN ISLAND, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 94 grants totaling $181K. Net investment income was $656.
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 | $10,308 | $30,634 | $2,945 |
| Revenue | $156,446 | $140,661 | $19,906 |
| Expenses | $181,772 | $112,972 | $23,620 |
| Qualifying Distributions | $181,772 | $112,179 | $22,802 |
| Net Investment Income | $656 | $320 | $18 |
| Distributable Amount | $6,316 | $975 | $142 |
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
137 grants across all recorded years
Open Grants
1 open opportunity from The Lois & Richard Nicotra Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Nyc Dept of Education ($55,500), Blue Lives Matter ($3,320), College of Staten Island ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 120TH PRECINCT COMMUNITY COUNCIL STATEN ISLAND, NY | ENHANCE COMMUNITY PROGRAMS | $400 |
| ACADEMY OF ST DOROTHY STATEN ISLAND, NY | GENERAL SUPPORT | $1,000 |
| ARLIND AVDALOVIC NEW YORK, NY | SCHOLARSHIP - JOHN JAY COLLEGE | $1,000 |
| BEACON CHRISTIAN COMMUNITY HEALTH CENTER STATEN ISLAND, NY | EVENT FUNDING | $1,500 |
| BLESSED SACRAMENT STATEN ISLAND, NY | GENERAL SUPPORT | $1,000 |
| BLUE LIVES MATTER STATEN ISLAND, NY | PROGRAM SUPPORT | $3,320 |
| BOY SCOUTS OF AMERICA TROOP 76 STATEN ISLAND, NY | GENERAL SUPPORT | $1,000 |
| BRIDGE PREPATORY CHARTER SCHOOL STATEN ISLAND, NY | EDUCATIONAL PROGRAMS | $1,000 |
| CHURCH OF THE ASCENSION STATEN ISLAND, NY | GENERAL SUPPORT | $1,500 |
| COAST GUARD SPOUSES CLUB OF SECTOR NEW YORK STATEN ISLAND, NY | GENERAL SUPPORT | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KRISTINE GARLISI | EXECUTIVE DIRECTOR | 3.3 | — |
| CARROLL TAVELLA | DIRECTOR | 3.3 | — |
| REV SAM ARGENZIANO | DIRECTOR | 3.3 | — |
| CORINNE ARENA | DIRECTOR | 3.3 | — |
| KATHY STAPLETON | DIRECTOR | 3.3 | — |
| NICK NOCERINO | DIRECTOR | 3.3 | — |
| LOIS NICOTRA | DIRECTOR | 3.3 | — |
| RICHARD NICOTRA | DIRECTOR | 3.3 | — |
| ALLYSON WARD | DIRECTOR | 3.3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Lois & Richard Nicotra Foundation?
The Lois & Richard Nicotra Foundation is a private foundation focused on Education, based in STATEN ISLAND, NY. It holds $10K in total assets as of 2024.
How large is The Lois & Richard Nicotra Foundation?
As of 2024, The Lois & Richard Nicotra Foundation holds $10K in total assets with $156K in annual revenue. It awarded 94 grants totaling $181K in 2024.
Where does The Lois & Richard Nicotra Foundation operate?
The Lois & Richard Nicotra Foundation has awarded grants in Florida, Indiana, Kentucky, Louisiana, Maryland, Minnesota, New Jersey, New York, Pennsylvania.
What size grants does The Lois & Richard Nicotra Foundation award?
In 2024, The Lois & Richard Nicotra Foundation awarded 94 grants totaling $181K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Lois & Richard Nicotra Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lois & Richard Nicotra Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Lois & Richard Nicotra Foundation's EIN?
The Lois & Richard Nicotra Foundation's EIN (Employer Identification Number) is 27-1578342. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Lois & Richard Nicotra 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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