The New York State Capitol

Form 990-PFTax year 2022EIN 02-0548845

The Palermo Foundation

A private foundation in Garden City, NY. Its return for tax year 2022 lists 18 grants and $6,208 paid in grants.

Tax year 2022 (period ending Dec 31, 2022), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2022

    $6,208

    Grants listed
    18
    Assets, end of year
    $136,758
  • Tax year 2021

    $0

    Grants listed
    0
    Assets, end of year
    $296,031
  • Tax year 2020

    $0

    Grants listed
    0
    Assets, end of year
    $213,936
  • Tax year 2019

    $1,070

    Grants listed
    1
    Assets, end of year
    $120,743
  • Tax year 2018

    $1,605

    Grants listed
    1
    Assets, end of year
    $48,932

Grants paid in 2022

18 grants, largest first

As listed on the return.

  1. Southfork Natural History Museum & Nature CenterBridgehampton, NY

    Educational

    $1,100
  2. AsrmBirmingham, AL

    Educational

    $1,000
  3. The Ellen Hermanson FoundationEast Hampton, NY

    Educational

    $750
  4. The ChurchSag Harbor, NY

    Educational

    $666
  5. Southampton Fresh Air HomeSouthampton, NY

    Educational

    $500
  6. Night of HopeMcLean, VA

    Educational

    $500
  7. Southhampton History MuseumSouthampton, NY

    Educational

    $300
  8. CP ExtensionNew York, NY

    Educational

    $250
  9. I-Tri Spring Auction PartySag Harbor, NY

    Educational

    $207
  10. Shelter Island FireworksShelter Is, NY

    Educational

    $200
  11. Our Fabulous Variety ShowHampton Bays, NY

    Educational

    $200
  12. Goat TheatreSag Harbor, NY

    Educational

    $134
  13. Coast Guard FoundationStonington, CT

    Educational

    $100
  14. Sag Harbor CinemaSag Harbor, NY

    Educational

    $79
  15. Sag Harbor Song FestivalSag Harbor, NY

    Educational

    $75
  16. Coast Guard FoundationStonington, CT

    Educational

    $75
  17. Southampton Fresh Air HomeSouthampton, NY

    Educational

    $40
  18. Southampton Arts CenterSouthampton, NY

    Educational

    $32

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Health3 grants $79066% of the total
  2. Arts and culture1 grant $20017% of the total
  3. Disaster relief and public safety1 grant $20017% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York14 grants $4,533
  2. Alabama1 grant $1,000
  3. Virginia1 grant $500
  4. Connecticut2 grants $175

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Gianpiero D Palermo MDDIRECTOR, PRESIDENT Hours 10Pay $0
  • Anna M Boutzalis CPADIRECTOR, TREASURER Hours 0Pay $0
  • Rocco Iacoviello EsqDIRECTOR, VP/SECRETARY Hours 0Pay $0

The return

More foundations

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Same main cause (health), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Compass Foundation IncNew York, NY 6 grants Preselected only $6,300 giving
  2. The Louise Giffuni Tiernan FoundationNew York, NY 3 grants Preselected only $6,000 giving
  3. Alyssa Sangeeta Jacobson Foundation IncEast Rochester, NY 1 grant Preselected only $6,000 giving
  4. Samuel & Katie Knouse TaBuffalo, NY 14 grants Preselected only $5,984 giving
  5. The William and Sara Mittler FoundationNew York, NY 7 grants Preselected only $6,445 giving