The Peter & Caroline Striano Foundation
The Peter & Caroline Striano Foundation is a private foundation based in New York, NY. Established in July 1992, it operates as a 501(c)(3) tax-exempt organization dedicated to philanthropic giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
-16.5% YoY
Annual Giving
$804K
+50.8% YoY
Grant Count
13
+0.0% YoY
Avg Grant Size
$62K
+50.8% YoY
Under IRS private-foundation payout rules, The Peter & Caroline Striano Foundation reported a distributable amount of $236K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports charitable causes across diverse areas including animal welfare, healthcare, and social services. Recent grantmaking demonstrates a particular commitment to equine rescue and animal protection, as well as medical research and community charitable organizations.
Grantmaking
The foundation made 11 grants in 2023, with a total grant distribution of approximately $377,000. Notable recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York and the surrounding region, with a particular focus on New York-based nonprofits.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $4,728,069
- Total Revenues: $261,218
- Total Expenses: $733,108
- Total Liabilities: $0
- Number of Employees: 0
Revenue Composition (2023):
- Total grants and contributions: $50,000
- Investment income and dividends: $185,135
The foundation maintains a healthy asset base and operates with no outstanding liabilities. Investment income represents a significant portion of annual revenue.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,950,256 | $4,728,069 | $5,204,849 |
| Revenue | $230,287 | $261,218 | $227,471 |
| Expenses | $1,029,623 | $733,108 | $770,056 |
| Qualifying Distributions | $803,500 | $533,000 | $652,927 |
| Net Investment Income | $194,896 | $169,656 | $165,209 |
| Distributable Amount | $235,544 | $246,850 | $276,416 |
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
69 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Spirit's Promise Equine Rescue ($324,000), Catholic Charities Brooklyn Queens ($145,000), Ave Maria University ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SPIRIT'S PROMISE EQUINE RESCUE RIVERHEAD, NY | GENERAL USE | $324,000 |
| CATHOLIC CHARITIES BROOKLYN QUEENS BROOKLYN, NY | GENERAL USE | $145,000 |
| michael wolk heart foundation NEW YORK, NY | GENERAL USE | $10,000 |
| AVE MARIA UNIVERSITY NAPLES, FL | GENERAL USE | $125,000 |
| EAST END HOSPICE WESTHAMPTON BEACH, NY | GENERAL USE | $25,000 |
| NEW YORK YANKEES FOUNDATION NEW YORK, NY | GENERAL USE | $25,000 |
| CONGREGATION OF THE HOLY SPIRIT BETHERL PARK, PA | GENERAL USE | $10,000 |
| MANHASSET WOMEN'S COALITION AGAINST MANHASSET, NY | GENERAL USE | $30,000 |
| NORTH SHORE CHILD FAMILY GUIDANCE C ROSLYN HEIGHTS, NY | GENERAL USE | $3,500 |
| ALZHEIMER'S DISEASE RESOURCE CENTER EAST ISLIP, NY | GENERAL USE | $20,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by trustees including Peter Striano, Caroline Striano, and Geri Campbell. Peter Striano is Chairman and Chief Executive Officer of Unity International Group, a company specializing in electrical, structured cabling, and IT consulting. He has over 40 years of experience in the electrical and IT industry and has been actively involved in community revitalization and charitable work throughout his career.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER STRIANO | President | — | — |
| CAROLINE STRIANO | Vice President | — | — |
| GERI CAMPBELL | CFO | 5 | $12,000 |
Frequently Asked Questions
What does The Peter & Caroline Striano Foundation fund?
The foundation supports charitable causes across diverse areas including animal welfare, healthcare, and social services. Recent grantmaking demonstrates a particular commitment to equine rescue and animal protection, as well as medical research and community charitable organizations.
How do I apply for a grant from The Peter & Caroline Striano Foundation?
The foundation made 11 grants in 2023, with a total grant distribution of approximately $377,000. Notable recent grants include: • **Spirits Promise Equine Rescue Corporation**: $324,000 (General Use) • **Catholic Charities Brooklyn and Queens**: $28,000 (Charitable Contribution) • **Northwell Health Foundation**: $25,000 (General Use) • **The Michael Wolk Heart Foundation**: $10,000 (Charitable Contribution) The foundation appears to make grants for general operating support and specific chari…
Where does The Peter & Caroline Striano Foundation make grants?
The foundation primarily funds organizations in New York and the surrounding region, with a particular focus on New York-based nonprofits.
What size grants does The Peter & Caroline Striano Foundation award?
In 2024, The Peter & Caroline Striano Foundation awarded 13 grants totaling $804K — an average of about $62K per grant, based on its IRS Form 990 filings.
How much is The Peter & Caroline Striano Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Peter & Caroline Striano Foundation reported a distributable amount of $236K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Peter & Caroline Striano Foundation's EIN?
The Peter & Caroline Striano Foundation's EIN (Employer Identification Number) is 11-3078596. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Peter & Caroline Striano Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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