Alesio Family Foundation
EIN 872956818About
This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $2,352,172. This amount represents 25% or more of the Foundation's net assets of $2,038,478 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2022 | $904K | $2.0M | $-94K | 3 |
| 2023 | $2.4M | $3K | $-7K | 3 |
Grant Size Distribution
Based on 6 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (6 total)
| Purpose | ||||
|---|---|---|---|---|
| Ayco Charitable Foundation | Cohoes, NY | $1,593,827 | General & Unrestricted (IN-KIND GRANTS - SEE GENERAL EXPLANATION) | 2023 |
| Newark Alliance Inc | Newark, NJ | $708,345 | General & Unrestricted | 2023 |
| Newark Alliance Inc | Newark, NJ | $703,700 | General & Unrestricted | 2022 |
| New Venture Fund | Baltimore, MD | $100,000 | Voting Right Lab | 2022 |
| New Venture Fund | Baltimore, MD | $100,000 | Voting Rights Lab | 2022 |
| Riverside Language Program Inc | New York, NY | $50,000 | General & Unrestricted | 2023 |