The New York State Capitol

Form 990-PFTax year 2024EIN 20-2143917

Posillico Foundation Inc

A private foundation in Farmingdale, NY. Its return for tax year 2024 lists 22 grants and $356,665 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), 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

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $356,665

    Grants listed
    22
    Assets, end of year
    $30,425
  • Tax year 2023

    $377,567

    Grants listed
    81
    Assets, end of year
    $46,944
  • Tax year 2022

    $368,556

    Grants listed
    87
    Assets, end of year
    $24,206
  • Tax year 2021

    $302,792

    Grants listed
    66
    Assets, end of year
    $11,310
  • Tax year 2020

    $159,005

    Grants listed
    55
    Assets, end of year
    $7,576
  • Tax year 2019

    $227,177

    Grants listed
    82
    Assets, end of year
    $925
  • Tax year 2018

    $192,124

    Grants listed
    95
    Assets, end of year
    $15,765

Grants paid in 2024

22 grants, largest first

As listed on the return.

  1. Clemson University FondationClemson, SC

    Organization

    $106,320
  2. Villanova UniversityVillanova, PA

    Organization

    $68,140
  3. American Heart AssociationDallas, TX

    Organization

    $38,442
  4. Molloythe Energeia PartnershipEast Farmingdale, NY

    Organization

    $27,300
  5. Contractors for KidsHolbrook, NY

    Organization

    $19,075
  6. Islamic Relief USAAlexandria, VA

    Organization

    $16,654
  7. The Clark Gillies FoundationFarmingdale, NY

    Organization

    $15,235
  8. Friends AcademyLocust Valley, NY

    Organization

    $14,049
  9. Oasis-A Haven for Women and ChildrenPaterson, NJ

    Organization

    $10,000
  10. Sunrise AssociationOceanside, NY

    Organization

    $9,500
  11. Leadership Mission InternationalPortland, OR

    Organization

    $7,200
  12. Kids of Local 14Flushing, NY

    Organization

    $6,805
  13. The Parish of Holy CrossNesconset, NY

    Organization

    $5,280
  14. Harborfields High SchoolGreenlawn, NY

    Organization

    $4,000
  15. Family Service LeagueHuntington, NY

    Organization

    $2,500
  16. United Way of Long IslandDeer Park, NY

    Organization

    $2,500
  17. Save the Great South BayBabylon, NY

    Organization

    $800
  18. Long Island Federation of Labor Afl-CioHauppauge, NY

    Organization

    $800
  19. Suffolk County Police Memorial FundHolbrook, NY

    Organization

    $750
  20. The Community SynagoguePRT Washingtn, NY

    Organization

    $515
  21. New York Marine Rescue CenterRiverhead, NY

    Organization

    $500
  22. YMCA of Long IslandGlen Cove, NY

    Organization

    $300

Where the money goes

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

  1. Education2 grants $82,18943% of the total
  2. Human services4 grants $46,81024% of the total
  3. Health1 grant $38,44220% of the total
  4. International aid2 grants $23,85412% of the total
  5. Animals1 grant $500<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York16 grants $109,909
  2. South Carolina1 grant $106,320
  3. Pennsylvania1 grant $68,140
  4. Texas1 grant $38,442
  5. Virginia1 grant $16,654
  6. New Jersey1 grant $10,000
  7. Washington1 grant $7,200

Officers, directors and trustees

3 people as filed

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

  • Joseph K PosillicoPRESIDENT Hours 1Pay $0
  • Michael J PosillicoVICE PRESIDENT Hours 1Pay $0
  • Joseph D Posillico IIISECRETARY Hours 1Pay $0

The return

More foundations

Similar foundations

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

  1. The Montani Family Charitable FoundationLewiston, NY 9 grants Preselected only $357,500 giving
  2. Ponagansett Foundation IncHarrison, NY 33 grants Preselected only $355,635 giving
  3. Mozel Charitable TrustValley Stream, NY 19 grants Preselected only $358,300 giving
  4. Sadove Family FoundationPurchase, NY 9 grants Preselected only $355,006 giving
  5. S&W Foundation IncBrooklyn, NY 65 grants Accepts applications $354,620 giving