The Robert & Margaret Patricelli Family
The Robert & Margaret Patricelli Family Foundation is a private family foundation established in 1996 and located in Simsbury, Connecticut. The foundation operates as a 501(c)(3) charitable organization dedicated to philanthropic grantmaking across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.2M
-12.6% YoY
Annual Giving
$339K
-19.4% YoY
Grant Count
58
-3.3% YoY
Avg Grant Size
$6K
-16.6% YoY
Mission & Focus Areas
The foundation primarily funds:
- Arts and cultural initiatives
- Community development
- Health care
- Elementary and secondary education
- Higher education
- Civic efforts
- Social services
The foundation's work emphasizes support for Hartford and surrounding communities in Connecticut, with a particular commitment to civic and cultural revitalization in the Greater Hartford area.
Grantmaking
The foundation typically makes larger multi-year grants and seeks to partner with other leading philanthropic funds and families.
Grant Range
$70–$4,702,030
Average Grant
amount varies by initiative
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is primarily concentrated in:
- Connecticut
- New York
- Massachusetts
With particular emphasis on Hartford and surrounding communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending June 2024:
- Total assets: $5,198,682
- Total revenues: $457,119
- Total expenses: $414,726
- Total liabilities: $0
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,198,682 | $5,946,315 | $5,973,632 |
| Revenue | $457,119 | $476,155 | $7,344,935 |
| Expenses | $414,726 | $503,472 | $6,058,450 |
| Qualifying Distributions | $337,801 | $420,211 | $5,976,904 |
| Net Investment Income | $328,038 | $247,944 | $1,602,675 |
| Distributable Amount | $281,620 | $215,886 | — |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Robert Patricelli - Founder and namesake of the foundation. A serial entrepreneur who founded and sold various businesses in Connecticut, including Value Health (sold in 1997).
Margaret Patricelli - Co-founder and namesake of the foundation.
Both reside in Simsbury, Connecticut.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARGARET S PATRICELLI | PRESIDENT | 6 | — |
| ROBERT E PATRICELLI | CHAIRMAN | 3 | — |
| DONNA COLLINS | DIRECTOR | 0.5 | — |
Recent News & Activity
Recent developments and announcements
**Patricelli Family Fund at Hartford Foundation for Public Giving:**
In 2022, Robert and Margaret Patricelli created a $5 million donor-advised fund at the Hartford Foundation for Public Giving—the largest donor-advised fund created at that foundation in nearly a decade. This fund operates alongside the Robert & Margaret Patricelli Family Foundation and focuses on civic, arts, and cultural efforts in Hartford and surrounding communities.
A New Chapter for the Patricelli Center \u2014 Patricelli Center**Inaugural Grant:**
The Patricelli Family Fund announced its inaugural grant of $50,000 over two years to the Brother Carl Hardrick Institute, which provides training for young people to serve as professional violence intervention workers.
2016 Patricelli Center Seed Grant Winners Announced**Statement of Intent:**
Robert Patricelli stated: "These will typically be larger multi-year grants, and we hope that by working with the Foundation we can partner with other leading philanthropic funds and families. My family has deep roots in Hartford, and we believe that it can once again become a leading multi-racial and multi-ethnic American city where people want to live and work."
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Grants
7
Total Given
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Total Given
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Alderman Family Foundation
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Total Given
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Calf Island Foundation
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Assets
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Grants
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Total Given
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Russel R Taylor Foundation
GREENWICH, CT
Assets
$2.6M
Grants
3
Total Given
$224K
Nancy a Larson Foundation Inc
OLD LYME, CT
Assets
$9K
Grants
8
Total Given
$12K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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