The Petrocelli Family Foundation
The Petrocelli Family Foundation is a private foundation based in Great Neck, New York. In 2024, it made 32 grants totaling $1,317,058, including substantial support for health care organizations and smaller grants to organizations working in areas such as arts, education, and community services.
Key facts about The Petrocelli Family Foundation
In short: The Petrocelli Family Foundation gave $1.3M across 32 grants in 2024 (avg $41K), mostly in New York. 34% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 20-1690418
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,317,058
- Grants made (2024)
- 32
- Average grant
- $41,158
- Median grant
- $2,250
- New grantees (estimate)
- 34% first-time grantees (11 of 32, 2024)
- Total assets
- $31,516,852
- Primary geography
- New York (83% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$31.5M
+13.8% YoY
Annual Giving
$1.3M
-21.0% YoY
Grant Count
32
+23.1% YoY
Avg Grant Size
$41K
-35.8% YoY
Under IRS private-foundation payout rules, The Petrocelli Family Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Is The Petrocelli Family Foundation open to new grantees?
34%
first-time grantees, 2024
In 2024, 11 of 32 grantees (34%) were first-time recipients. First grants averaged $3K; repeat grants $61K. How we count
Medians: $3K first-time, $2K repeat.
- 59% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−14%). Method
- In 2024 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No foundation mission statement is provided. Its 2024 grants show support for health care, medical research, arts and dance education, and charitable organizations. The Northwell Health Foundation describes its work as supporting underserved and uninsured people, medical technology and research, and facilities and programs within Northwell Health. The National Dance Institute says it uses dance to foster children’s experience, participation, and knowledge of the arts.
Grantmaking
In 2024, the foundation made 32 grants totaling $1,317,058. Grants ranged from $200 to $1,020,200, with a median of $2,250. Its largest awards were $1,020,200 to Northwell Health Foundation for the “Advanced Surgical Pavilion and Charitable” purpose and $200,000 to Jupiter Medical Center Foundation for emergency services. Other grants included $16,000 to United Jewish Appeal Federation of Jewish Philanthropies of NY, $10,000 to Gold Coast Art Center, and $6,750 to National Brain Tumor Society.
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Geographic Focus
Where this funder awards grants
In 2024, 83% of grant dollars went to recipients in New York and 15% to recipients in Florida. Massachusetts received 1%; Virginia and Rhode Island each accounted for 0% as reported.
Grant Distribution by State
Share of 2024 grant dollars across all 32 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.3M (2024) to $2.1M (2020). In 2024 it made 32 grants totaling $1.3M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Northwell Health Foundation ($1.0M). Together the top 10 received $1.3M.
Grant Size Distribution
122 grants across all recorded years
The most common grant size was under $50K: 110 grants of 122 (90%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northwell Health Foundation Westbury, NY | Advanced Surgical Pavilion and Charitable | $1,020,200 |
| Jupiter Medical Center Foundation Jupiter, FL | Emergency Services | $200,000 |
| United Jewish Appeal Federation of Jewish Philanthropies of NY Inc New York, NY | Charitable | $16,000 |
| Gold Coast Art Center Great Neck, NY | Charitable | $10,000 |
| National Brain Tumor Society Newton, MA | Charitable | $6,750 |
| Holocaust Memorial & Tolerance Center of Nassau County Inc Glen Cove, NY | Charitable | $6,010 |
| National Psoriasis Foundation Alexandria, VA | Charitable | $5,500 |
| Iyrs (Iyrs School of Technology & Trades) Newport, RI | Charitable | $5,000 |
| Jerusalem Foundation New York, NY | Charitable | $5,000 |
| National Dance Institute New York, NY | Charitable | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2024 | $31,516,852 | $7,919,069 | $1,465,251 | $1,317,058 | 32 |
| 2023 | $27,693,286 | $4,897,117 | $1,709,825 | $1,666,130 | 26 |
| 2022 | $24,050,172 | $2,640,386 | $1,667,441 | $1,626,002 | 25 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $31,516,852 | $27,693,286 | $24,050,172 |
| Revenue | $7,919,069 | $4,897,117 | $2,640,386 |
| Expenses | $1,465,251 | $1,709,825 | $1,667,441 |
| Qualifying Distributions | $1,337,877 | $1,686,132 | $1,661,470 |
| Net Investment Income | $6,159,389 | $3,195,450 | $1,136,565 |
| Distributable Amount | $1,376,612 | $1,239,114 | $1,226,589 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists these directors: Attilio Petrocelli, Michael Lamoretti, Melissa Weinbaum, Michael J Weinbaum, Briana R Lamoretti, Camryn L Weinbaum, Vanessa M Lamoretti, and Jared G Weinbaum.
The Petrocelli Family Foundation's 2024 filing lists 8 officers; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Attilio Petrocelli
Director
On filings since 2020
1 hr/week
No compensation reported
Melissa Weinbaum
Director
On filings since 2020
1 hr/week
No compensation reported
Michael J. Weinbaum
Director
On filings since 2020
1 hr/week
No compensation reported
Michael Lamoretti
Director
On filings since 2020
1 hr/week
No compensation reported
Briana R. Lamoretti
Director
On filings since 2023
1 hr/week
No compensation reported
Camryn L. Weinbaum
Director
On filings since 2023
1 hr/week
No compensation reported
Jared G. Weinbaum
Director
On filings since 2023
1 hr/week
No compensation reported
Vanessa M. Lamoretti
Director
On filings since 2023
1 hr/week
No compensation reported
Former officers (2)
- Former: Jill Lamoretti (2020–2023) — Director
- Former: Beverly Petrocelli (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 9 Park Place, Great Neck, NY 11021-5030
Phone: (516) 466-6464
Frequently asked questions about The Petrocelli Family Foundation
How much does The Petrocelli Family Foundation give each year?
The Petrocelli Family Foundation gave $1.3M across 32 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.7M across 26 grants.
What is The Petrocelli Family Foundation's typical grant size?
The Petrocelli Family Foundation's median grant in 2024 was $2,250, and its average grant was $41,158, across 32 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Petrocelli Family Foundation that year got $3K on average.
Where does The Petrocelli Family Foundation give grants?
The Petrocelli Family Foundation gives mostly in New York: 83% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (15%). The most frequent recipient cities were New York, NY (14 grants), Great Neck, NY (4 grants) and Westbury, NY (2 grants).
Does The Petrocelli Family Foundation give general operating support?
Not in 2024: none of the 32 grants with a stated purpose on The Petrocelli Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (26 grants).
Who are The Petrocelli Family Foundation's largest grantees?
The Petrocelli Family Foundation's largest 2024 grantees include Northwell Health Foundation ($1,020,200), Jupiter Medical Center Foundation ($200,000) and United Jewish Appeal Federation of Jewish Philanthropies of NY Inc ($16,000), according to its 2024 IRS Form 990-PF. Together they received 94% of its itemized 2024 grant dollars.
How large is The Petrocelli Family Foundation?
The Petrocelli Family Foundation reported $31.5M in total assets on its 2024 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Petrocelli Family Foundation fund?
No foundation mission statement is provided. Its 2024 grants show support for health care, medical research, arts and dance education, and charitable organizations. See mission & focus areas ↑
How do I apply for a grant from The Petrocelli Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Petrocelli Family Foundation's EIN?
The Petrocelli Family Foundation's EIN (Employer Identification Number) is 20-1690418. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Petrocelli Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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