The Piemonte Foundation
The Piemonte Foundation is a private foundation based in Newport Beach, California. Its 2025 filing lists grants to charitable organizations, with most grant dollars going to recipients in California.
The Piemonte Foundation at a glance
In short: The Piemonte Foundation gave $99K across 45 grants in 2025 (avg $2K), mostly in California. 38% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $98,878
- +24.5% vs 2024
- Grants made (2025)
- 45
- -11.8% vs 2024
- Average grant
- $2,197
- +41.1% vs 2024
- Median grant
- $500
- Total assets
- $1,302,384
- +1.0% vs 2024
- New grantees (estimate)
- 38% first-time grantees (17 of 45, 2025)
- Primary geography
- California (97% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Piemonte Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 1575 Placentia Avenue, Newport Beach, CA 92663-2813
Phone: (949) 574-9964
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Piemonte Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was USC ($50K). Together the top 10 received $85K.
Grant Size Distribution
203 grants across all recorded years
The most common grant size was under $50K: 199 grants of 203 (98%).
Geographic Focus
Where this funder awards grants
In 2025, 97% of grant dollars went to recipients in California. The remaining reported shares were Maryland, Washington, D.C., and Hawaii at 1% each; New York was reported as 0%.
Grant Distribution by State
Share of 2025 grant dollars across all 45 itemized grants.
States
Cities
Is The Piemonte Foundation open to new grantees?
38%
first-time grantees, 2025
In 2025, 17 of 45 grantees (38%) were first-time recipients. First grants averaged $1K; repeat grants $3K. How we count
Medians: $400 first-time, $500 repeat.
- 62% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+13%). Method
- In 2025 it paid out 89% 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 (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $70K (2020) to $99K (2025). In 2025 it made 45 grants totaling $99K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| USC Los Angeles, CA | General Fund | $50,000 |
| USC - Oral Cancer Research Los Angeles, CA | General Fund | $12,000 |
| USC - Orthodontic Department of the Ostrow School of Dentistry Los Angeles, CA | General Fund | $12,000 |
| USC - Cardinal Gold Los Angeles, CA | General Fund | $3,000 |
| USC Caruso Catholic Center Los Angeles, CA | General Fund | $1,750 |
| Marengo Elementary South Pasadena, CA | General Fund | $1,560 |
| Hoag Hospital Foundation Newport Beach, CA | General Fund | $1,400 |
| Curebound San Diego, CA | General Fund | $1,300 |
| Loyola High School Los Angeles, CA | General Fund | $1,250 |
| American Cancer Society Hagerstown, MD | General Fund | $1,000 |
Ready to take the next step with The Piemonte Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,302,384 | $131,418 | $118,359 | $98,878 | 45 | $98,878 | $95,634 | $110,648 |
| 2024 | $1,289,325 | $142,084 | $100,489 | $79,435 | 51 | $79,435 | $123,539 | $98,793 |
| 2023 | $1,247,730 | $123,776 | $101,035 | $81,338 | 36 | $81,338 | $81,648 | $79,462 |
| 2022 | $1,224,989 | $16,056 | $103,084 | $87,610 | 35 | $87,610 | $8,939 | $81,432 |
| 2021 | $1,312,017 | $42,113 | $89,942 | $71,183 | 36 | — | $25,719 | $87,799 |
| 2020 | $1,359,846 | $-18,924 | $97,783 | $69,750 | 26 | — | $13,798 | $71,112 |
Under IRS private-foundation payout rules, The Piemonte Foundation reported a distributable amount of $111K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filings do not state a mission. Its 2025 grants include support for education, health-related organizations, a sailing organization, and other charitable recipients; the listed grant purposes are reported as “General Fund.”
Among the 2025 grantees, Hoag Hospital Foundation says its primary purpose is to raise funds for Hoag Memorial Hospital Presbyterian. Curebound says it raises and invests funding for adult and pediatric cancer research. Other recipients include Little Red Dog, which describes work in canine rehabilitation, education, rescue, and community outreach; Song for Charlie, which seeks to encourage young people to choose healthy coping strategies over self-medication; and Mae House, which raises funds to provide a living environment for adults with developmental disabilities.
Grantmaking
In filing year 2025, the foundation reported 45 grants totaling $98,878. Grants ranged from $60 to $50,000, with a median of $500. Its largest listed grants included $50,000 to USC, $12,000 to USC Oral Cancer Research, and $12,000 to the USC Orthodontic Department of the Ostrow School of Dentistry. Other listed recipients included USC Cardinal Gold ($3,000), USC Caruso Catholic Center ($1,750), and Marengo Elementary ($1,560).
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists John M Aschieris as President/Director, John E Aschieris as Secretary/CFO/Director, Michael S Aschieris as Vice President/Director, and Ronald A Aschieris as Assistant Secretary/Director.
The Piemonte Foundation is led by John E Aschieris, President, Director, Secretary, CFO & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
John E Aschieris
President, Director, Secretary, CFO & Director
On filings since 2020
1 hr/week
No compensation reported
Michael S Aschieris
V-Pres & Director
On filings since 2020
1 hr/week
No compensation reported
Ronald A Aschieris
Assistant Secretary & Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Piemonte Foundation
How much does The Piemonte Foundation give each year?
The Piemonte Foundation gave $99K across 45 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $79K across 51 grants.
What is The Piemonte Foundation's typical grant size?
The Piemonte Foundation's median grant in 2025 was $500, and its average grant was $2,197, across 45 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Piemonte Foundation that year got $1K on average.
Where does The Piemonte Foundation give grants?
The Piemonte Foundation gives mostly in California: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Los Angeles, CA (11 grants), Newport Beach, CA (6 grants), South Pasadena, CA (2 grants) and San Diego, CA (2 grants).
Does The Piemonte Foundation give general operating support?
Yes: 100% of The Piemonte Foundation's 2025 grants with a stated purpose (45 of 45) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Piemonte Foundation's largest grantees?
The Piemonte Foundation's largest 2025 grantees include USC ($50,000), USC - Oral Cancer Research ($12,000) and USC - Orthodontic Department of the Ostrow School of Dentistry ($12,000), according to its 2025 IRS Form 990-PF. Together they received 75% of its itemized 2025 grant dollars.
How large is The Piemonte Foundation?
The Piemonte Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $99K in qualifying distributions that year, against a required minimum of $111K (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 Piemonte Foundation fund?
The foundation’s filings do not state a mission. Its 2025 grants include support for education, health-related organizations, a sailing organization, and other charitable recipients; the listed grant purposes are reported as “General Fund.” See mission & focus areas ↑
How do I apply for a grant from The Piemonte Foundation?
The foundation does not accept unsolicited requests; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Piemonte Foundation's EIN?
The Piemonte Foundation's EIN (Employer Identification Number) is 33-0687534. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Piemonte Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 24, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Piemonte Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Piemonte Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-piemonte-foundation-morg_0a4c538fb51a4118a9416cf43f32637a
BibTeX
@misc{grantable_330687534_2026,
author = {{Grantable}},
title = {{The Piemonte Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-piemonte-foundation-morg_0a4c538fb51a4118a9416cf43f32637a},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Piemonte Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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