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Private foundation (trust)EIN 261615106Est. 2008-04

Cerullo Family Foundation

SARATOGA SPRINGS, NY 12866

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Total Assets

$18.9M

FY 2024

Annual Giving

$680K

FY 2024

Grants Made

4

FY 2024

Avg Grant

$170K

FY 2024

Grant Range

$100K–$250K

Typical

Deadlines

—

Applications

Programs & Activities

Program 1

Please note, the foundation is not involved with any direct charitable activities. Its primary purpose is to support, by contributions, other organizations exempt under internal

Program 2

Revenue code section 501(c)(3).

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$1.9M

Total Expenses

$793K

Qualifying Distributions

$680K

Distributable Amount

$829K

Min. Investment Return

$833K

Undistributed Income

$826K

Payout rate 82%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.82%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

4 grants

Grant sizes from minimum $100K through median $165K to maximum $250K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2018 to 2024. Peak $718K in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

20 grants

Boston College
$1.2M
5 grants
City Year Inc
$825K
5 grants
Cross Roads House Inc
$350K
4 grants
Gather
$250K
3 grants
Sather
$100K
1 grant
Brooklyn Jesuit Prep
$50K
1 grant
Exeter Hospital
$25K
1 grant

Grant Size Distribution

20 grants

<$10K—
$10–50K
4
grants
$50–250K
14
grants
$250K–1M
2
grants
$1–5M—
$5M+—

Geographic Focus

4 states

Massachusetts
$1.8M
65% of total
New Hampshire
$625K
23% of total
Illinois
$300K
11% of total
New York
$50K
2% of total

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GOLDSTEIN FAMILY FOUNDATION

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JOHN & AMY GRIFFIN FOUNDATION

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DANCING TIDES FOUNDATION INC

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GOULD FAMILY FOUNDATION

NEW ROCHELLE, NY · $1.4M in grants

CHERYL C & BLAIR EFFRON FAMILY

GARDEN CITY, NY · $890K in grants

ASHNER EVERGREEN FOUNDATION

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LESTER K HUTTON AND AUDREY M HUTTON

HURLEY, NY · $750K in grants

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