Alfiero and Lucia Palestroni

ENGLEWOOD CLIFFS, NJ EIN: 22-3452466

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$22.1M

-1.6% YoY

Annual Giving

$1.3M

+7.9% YoY

Grant Count

22

+29.4% YoY

Avg Grant Size

$60K

-16.6% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$885K$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$22,146,095$22,507,912$23,293,319
Revenue$1,477,098$876,050$1,110,994
Expenses$1,835,422$1,640,401$1,549,705
Qualifying Distributions$1,570,388$1,404,913$1,300,267
Net Investment Income$1,212,064$640,562$861,556
Distributable Amount$1,410,708$1,266,359$1,313,484

Giving Over Time

Total grant dollars and number of grants per year

$0$330K$660K$990K$1M18 grants202016 grants202116 grants202217 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HACKENSACK MERIDIAN HEAL…$515KENGLEWOOD HEALTH FOUNDAT…$250KTHE VALERIE FUND$95KTHE SEEING EYE$80KADLER APHASIA CENTER$75KDKMS$63KCHILDREN'S SPECIALIZED H…$50KSUMMIT SPEECH SCHOOL$50KSPECTRUM FOR LIVING DEVE…$45KCHILDREN'S AID & FAMILY …$25K

Grant Size Distribution

89 grants across all recorded years

58<$50K17$50–100K9$100–250K2$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Alfiero and Lucia Palestroni fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KRISTINE SAYRAFEEXECUTIVE DIRECTOR$80K

From 2024 filing

NameTitleHoursCompensation
LUCIA PALESTRONIPRESIDENT20
KAREN LLOYDTRUSTEE1
KRISTINE SAYRAFEEXECUTIVE DIRECTOR40$80,135
FRANK HUTTLE IIITRUSTEE1
DEBBIE SENATRUSTEE1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

BedminsterBrick TownshipChesterEast HanoverEdisonEnglewoodEnglewood CliffsFranklin LakesHackensackHobokenMahwahMaplewoodMaywoodMontclairMorristownMountain LakesMountainsideNew ProvidenceNew YorkNewark

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

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