The Piemonte Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 51 grants totaling $79K. Net investment income was $124K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+3.3% YoY
Annual Giving
$79K
-2.3% YoY
Grant Count
51
+41.7% YoY
Avg Grant Size
$2K
-31.1% YoY
Under IRS private-foundation payout rules, The Piemonte Foundation reported a distributable amount of $99K for 2024 — the minimum it must pay out in qualifying distributions.
About The Piemonte Foundation
Based on IRS filings
The Piemonte Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 51 grants totaling $79K. Net investment income was $124K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,289,325 | $1,247,730 | $1,224,989 |
| Revenue | $142,084 | $123,776 | $16,056 |
| Expenses | $100,489 | $101,035 | $103,084 |
| Qualifying Distributions | $79,435 | $81,338 | $87,610 |
| Net Investment Income | $123,539 | $81,648 | $8,939 |
| Distributable Amount | $98,793 | $79,462 | $81,432 |
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
183 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include USC - Orthodontic Department of the Ostrow School of Dentistry ($50,000), Assistance League of Santa Ana ($5,000), Usc ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALD Connect Middleton, MA | General Fund | $600 |
| Assistance League of Long Beach Long Beach, CA | General Fund | $2,000 |
| Assistance League of Santa Ana Santa Ana, CA | General Fund | $5,000 |
| Boys & Girls Club of San Diego Solana Beach, CA | General Fund | $100 |
| Brain & Behavior Research New York, NY | General Fund | $100 |
| Cal State Long Beach Shark Research Long Beach, CA | General Fund | $250 |
| Catalina Island Conservancy Avalon, CA | General Fund | $500 |
| Catholic Community Foundation San Diego, CA | General Fund | $100 |
| Challenged Athletes Foundation San Diego, CA | General Fund | $500 |
| Charleston Athletic Fund Charleston, SC | General Fund | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John M Aschieris | President/Director | 1 | — |
| John E Aschieris | Sec/CFO/Director | 1 | — |
| Michael S Aschieris | V-Pres/Director | 1 | — |
| Ronald A Aschieris | Asst Sec/Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Piemonte Foundation?
The Piemonte Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT BEACH, CA. It holds $1.3M in total assets as of 2024.
How large is The Piemonte Foundation?
As of 2024, The Piemonte Foundation holds $1.3M in total assets with $142K in annual revenue. It awarded 51 grants totaling $79K in 2024.
Where does The Piemonte Foundation operate?
The Piemonte Foundation has awarded grants in California, Colorado, Connecticut, Florida, Hawaii, Iowa, Indiana, Massachusetts, Maryland, Minnesota, Nevada, New York, Pennsylvania, Rhode Island, South Carolina, Texas, Virginia.
What size grants does The Piemonte Foundation award?
In 2024, The Piemonte Foundation awarded 51 grants totaling $79K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Piemonte Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Piemonte Foundation reported a distributable amount of $99K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Piemonte 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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