The Petrone Family Foundation

Grantmaker Palo Alto, CA EIN: 27-5765500

The Petrone Family Foundation is a nonprofit organization, based in Palo Alto, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49K in total assets.

Key facts about The Petrone Family Foundation

EIN
27-5765500
Latest 990 filing
Form 990 filing, 2024
Total assets
$48,870

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$49K

+0.0% YoY

Revenue

—

Expenses

—

How The Petrone Family Foundation gives

  • In 2022 it paid out 204% of 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

2states

Cities

EugeneMiami Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K0 grants2020 2 grants2021 1 grant2022 0 grants2023 0 grants2024

From 2021 to 2022, annual grant giving ranged from $5K (2021) to $5K (2022). In 2022 it made 1 grant totaling $5K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$2K$4K$6K$8K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$48,870$48,870$49,797
Revenue—$98$98
Expenses—$1,025$6,000
Qualifying Distributions——$5,000
Distributable Amount—$2,407$2,453

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Petrone Family Foundation is led by David Petrone, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David Petrone

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Amy Petrone

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Carly Petrone

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lindsay Petrone

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nancy L. Petrone

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

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.

Frequently asked questions about The Petrone Family Foundation

How large is The Petrone Family Foundation?

The Petrone Family Foundation reported $49K in total assets on its 2024 IRS Form 990 filing.

Where does The Petrone Family Foundation operate?

The Petrone Family Foundation has awarded grants in Florida, Oregon.

What is The Petrone Family Foundation's EIN?

The Petrone Family Foundation's EIN (Employer Identification Number) is 27-5765500. IRS Form 990 filing data is available on this page for 2020–2024.

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

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