Posillico Foundation Inc
Preselected recipients only
Posillico Foundation Inc is a private foundation in Farmingdale, New York. In tax year 2024 it gave $356,665 in 22 grants; the typical grant was $7,002 and the largest $106,320. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$356,665
- Number of grants22
- Typical grant$7,002
- Largest grant$106,320
- Assets$30,425
- New grantees46%
Giving in 2024 was down from $377,567 the year before.
46% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $377,567 | 81 | $46,944 |
| 2024 | $356,665 | 22 | $30,425 |
How to apply
Posillico Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Posillico Foundation Inc funds
Where it gives
Its grants went to recipients in 7 states, the most to New York.
| State | Grants | Amount |
|---|---|---|
| New York | 16 | $109,909 |
| South Carolina | 1 | $106,320 |
| Pennsylvania | 1 | $68,140 |
| Texas | 1 | $38,442 |
| Virginia | 1 | $16,654 |
| New Jersey | 1 | $10,000 |
| Washington | 1 | $7,200 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Clemson University Fondation | Organization | $106,320 |
| Villanova University | Organization | $68,140 |
| American Heart Association | Organization | $38,442 |
| Molloythe Energeia Partnership | Organization | $27,300 |
| Contractors for Kids | Organization | $19,075 |
| Islamic Relief USA | Organization | $16,654 |
| The Clark Gillies Foundation | Organization | $15,235 |
| Friends Academy | Organization | $14,049 |
| Oasis-A Haven for Women and Children | Organization | $10,000 |
| Sunrise Association | Organization | $9,500 |
| Leadership Mission International | Organization | $7,200 |
| Kids of Local 14 | Organization | $6,805 |
| The Parish of Holy Cross | Organization | $5,280 |
| Harborfields High School | Organization | $4,000 |
| Family Service League | Organization | $2,500 |
| United Way of Long Island | Organization | $2,500 |
| Save the Great South Bay | Organization | $800 |
| Long Island Federation of Labor Afl-Cio | Organization | $800 |
| Suffolk County Police Memorial Fund | Organization | $750 |
| The Community Synagogue | Organization | $515 |
| New York Marine Rescue Center | Organization | $500 |
| YMCA of Long Island | Organization | $300 |
Officers and trustees
- Joseph K Posillico
- Michael J Posillico
- Joseph D Posillico III
Questions people ask
Does Posillico Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Posillico Foundation Inc give?
$356,665 in tax year 2024, across 22 grants, with a typical grant of $7,002.
Who runs Posillico Foundation Inc?
Its 2024 filing lists Joseph K Posillico (President), Michael J Posillico (Vice President) and Joseph D Posillico III (Secretary).
What does Posillico Foundation Inc fund?
Based on its grants, mainly education, youth programs and faith communities.