The Principato Family Foundation Inc
The Principato Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHEVY CHASE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 40 grants totaling $135K. Net investment income was $121K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
-2.1% YoY
Annual Giving
$135K
+33.6% YoY
Grant Count
40
+11.1% YoY
Avg Grant Size
$3K
+20.2% YoY
Under IRS private-foundation payout rules, The Principato Family Foundation Inc reported a distributable amount of $166K for 2024 — the minimum it must pay out in qualifying distributions.
About The Principato Family Foundation Inc
Based on IRS filings
The Principato Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHEVY CHASE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 40 grants totaling $135K. Net investment income was $121K.
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 | $2,975,244 | $3,040,238 | $3,055,126 |
| Revenue | $143,792 | $154,581 | $60,348 |
| Expenses | $206,286 | $169,469 | $179,856 |
| Qualifying Distributions | $183,174 | $148,429 | $158,232 |
| Net Investment Income | $120,680 | $133,541 | $47,874 |
| Distributable Amount | $166,253 | $151,350 | $156,714 |
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
209 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Albans School ($39,500), National Gallery of Art ($13,000), Spirit of America ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL HALLOWS GUILD WASHINGTON, DC | GENERAL GRANT | $500 |
| ALZHEIMER'S FOUNDATION OF AMERICA NEW YORK, NY | GENERAL GRANT | $500 |
| AMERICAN CANCER SOCIETY HAGERSTOWN, MD | GENERAL GRANT | $1,000 |
| ASPCA NEW YORK, NY | GENERAL GRANT | $1,000 |
| BETHESDA CHEVY CHASE RESCUE SQUAD BETHESDA, MD | GENERAL GRANT | $1,250 |
| BLAIR HOUSE RESTORATION FUND WASHINGTON, DC | GENERAL GRANT | $2,500 |
| BREAST CANCER RESEARCH FOUNDATION NEW YORK, NY | GENERAL GRANT | $500 |
| CAPITAL AREA FOOD BANK WASHINGTON, DC | GENERAL GRANT | $1,000 |
| CHARCOT-MAIRE-TOOTH ASSOCIATION GLENOLDEN, PA | GENERAL GRANT | $500 |
| CHRIST CHURCH GEORGETOWN WASHINGTON, DC | GENERAL GRANT | $8,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEBORAH JESSIMAN | DIRECTOR | 15 | $40,000 |
| MATTHEW LINDSEY | DIRECTOR | — | — |
| MICHAEL LINDSEY | DIRECTOR | — | — |
| JOHN LINDSEY | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Principato Family Foundation Inc?
The Principato Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHEVY CHASE, MD. It holds $3.0M in total assets as of 2024.
How large is The Principato Family Foundation Inc?
As of 2024, The Principato Family Foundation Inc holds $3.0M in total assets with $144K in annual revenue. It awarded 40 grants totaling $135K in 2024.
Where does The Principato Family Foundation Inc operate?
The Principato Family Foundation Inc has awarded grants in California, District of Columbia, Florida, Iowa, Illinois, Indiana, Kentucky, Massachusetts, Maryland, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, Texas, Virginia.
What size grants does The Principato Family Foundation Inc award?
In 2024, The Principato Family Foundation Inc awarded 40 grants totaling $135K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Principato Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Principato Family Foundation Inc reported a distributable amount of $166K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Principato Family Foundation Inc's EIN?
The Principato Family Foundation Inc's EIN (Employer Identification Number) is 52-1960863. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Principato Family Foundation Inc'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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