Magazzino Italian Art Foundation
EIN 831666946Total Given 2020–2024
$23K
18 grants · $5K avg/year
based on 5 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$500
typical micro grants · $462–$1K
grant size
13%
transactional · 2/15 multi-year
repeat
$26.9M
Assets (2024)
15
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
(212) 894-4054
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2019 | N/A | $11.2M | $12.6M | N/A |
| 2020 | $9K | $17.1M | $8.5M | 6 |
| 2022 | $11K | $22.7M | $7.1M | 6 |
| 2023 | $2K | $27.2M | $9.4M | 4 |
| 2024 | $1K | $26.9M | $4.6M | 2 |
Grant Size Distribution
Based on 18 grants on record
Minimum
$40
25th Pctl
$462
Median
$500
Average
$1K
75th Pctl
$1K
Maximum
$6K
Geographic Distribution
Officers & Directors
DS
Diana Schulte
2 yrs
Secretary/Treasurer
Leadership
SS
Stella Spanu
5+ yrs
Trustee
NO
Nancy Olnick
5+ yrs
Trustee
GS
Giorgio Spanu
5+ yrs
Trustee
DS
Diana Schulte
2 yrs
Secretary/Treasurer
Leadership
SS
Stella Spanu
5+ yrs
Trustee
NO
Nancy Olnick
5+ yrs
Trustee
GS
Giorgio Spanu
5+ yrs
Trustee
SZ
Steven Zbar
Secretary/Treasurer
Leadership
NO
Nancy Olnick
5+ yrs
Trustee
GS
Giorgio Spanu
5+ yrs
Trustee
SS
Stella Spanu
5+ yrs
Trustee
NO
Nancy Olnick
5+ yrs
Trustee
SS
Stella Spanu
5+ yrs
Trustee
GS
Giorgio Spanu
5+ yrs
Trustee
SS
Stella Spanu
5+ yrs
Trustee
GS
Giorgio Spanu
5+ yrs
Trustee
NO
Nancy Olnick
5+ yrs
Trustee
Grants Awarded (18 total)
| Purpose | ||||
|---|---|---|---|---|
| fondazione la quadriennale di roma | roma RM, None | $5,993 | GENERAL CHARITABLE PURPOSES (SEE EXPENDITURE RESPOSIBILITY ATTACHMENT). | 2020 |
| Fondazione Ica Milano | Milano, None | $5,513 | SEE EXPENDITURE RESPONSIBILITY STATEMENT | 2022 |
| National Italian American Foundation | Washington, DC | $3,500 | GENERAL CHARITABLE PURPOSES | 2022 |
| putnam history museum | cold spring, NY | $1,000 | GENERAL CHARITABLE PURPOSES | 2020 |
| Anneke Chan | New York, NY | $1,000 | EDUCATIONAL SCHOLARSHIP | 2020 |
| Center for Italian Modern Art | New York, NY | $1,000 | General charitable purposes | 2020 |
| North Highlands Engine Company No 1 | Cold Spring, NY | $1,000 | GENERAL CHARITABLE PURPOSES | 2022 |
| Cold Spring Film Society | Cold Spring, NY | $500 | GENERAL CHARITABLE PURPOSES | 2022 |
| Haldane Arts Alliance | Cold Spring, NY | $500 | GENERAL CHARITABLE PURPOSES | 2022 |
| Putnam County React | Holmes, NY | $500 | GENERAL CHARITABLE PURPOSES | 2023 |
| Haldane Arts Alliance | Cold Spring, NY | $500 | GENERAL CHARITABLE PURPOSES | 2023 |
| Haldane Arts Alliance | Cold Spring, NY | $500 | GENERAL CHARITABLE PURPOSES | 2024 |
| Cold Spring Film Society | Cold Spring, NY | $500 | GENERAL CHARITABLE PURPOSES | 2024 |
| South Riverdale Little League | Bronx, NY | $450 | GENERAL CHARITABLE PURPOSES | 2023 |
| Marist College | Poughkeepsie, NY | $250 | GENERAL CHARITABLE PURPOSES | 2023 |
| Cima | New York, NY | $114 | GENERAL CHARITABLE PURPOSES | 2022 |
| New York State Sheriff's Association | Albany, NY | $75 | GENERAL CHARITABLE PURPOSES | 2020 |
| rx art inc | new york, NY | $40 | GENERAL CHARITABLE PURPOSES | 2020 |