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THE SILVESTRI FAMILY FOUNDATION

NEW YORK, NY · EIN 208366232 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$384K
expenses
$48K
net assets
$3.6M
employees
profile · synthesized from sources

The Silvestri Family Foundation is a private foundation based in New York that makes charitable grants to nonprofit organizations. In 2023 and 2024, it supported a range of institutions including colleges, youth development programs, and mental health initiatives. The foundation does not appear to operate direct service programs.

activities · 4 groups

What they do

  • General Operating Support Grants 1 activity
    • Funding community-based nonprofit organizations
      Funds local and regional nonprofits serving community needs, including a $12,500 grant to Ridgefield ABC and a $5,000 grant to Shanthi Project in 2024.
  • Multi-Institution Scholarship Funding 1 activity
    • Funding educational institutions
      Funds colleges, universities, and academic programs, including grants to College of the Holy Cross ($25,000), Georgetown University ($20,000), Haverford College ($20,000 in 2024 and $100,000 in 2023), University of Pennsylvania ($15,000), Columbia Business School ($10,000), and Group for the East End ($35,000) in 2024.
  • Mental Health Research and Services Funding 1 activity
    • Funding mental health programs
      Funds initiatives that support mental health, including a $100,000 grant to Project Healthy Minds in 2024 and a $25,000 grant to the same organization in 2023.
  • Flexible Grants to Grassroots Organizations 1 activity
    • Funding youth development programs
      Funds organizations focused on youth development, including a $5,000 grant to Comprehensive Youth Development in 2024.
financials · form 990PF · fy2024
revenue
Total revenue$384K
Contributions & grants$00%
Program service revenue
Investment income$91K24%
Other revenue$293K
expenses
Total expenses$48K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$248K
balance sheet
Total assets$3.63M
Cash
Investments
Liabilities
Net assets$3.63M
5 years on record · 2020–2024 · YoY revenue -68.6%
relationships · 10

Who they work with

  • COLLEGE OF THE HOLY CROSS Partner — Recipient of a charitable grant in 2024
  • COLUMBIA BUSINESS SCHOOL Partner — Recipient of a charitable grant in 2024
  • COMPREHENSIVE YOUTH DEVELOPMENT Partner — Recipient of a charitable grant in 2024
  • GEORGETOWN UNIV Partner — Recipient of a charitable grant in 2024
  • GROUP FOR THE EAST END Partner — Recipient of a charitable grant in 2024
  • HAVERFORD COLLEGE Partner — Recipient of charitable grants in 2023 and 2024
  • PROJECT HEALTHY MINDS Partner — Recipient of charitable grants in 2023 and 2024
  • RIDGEFIELD ABC Partner — Recipient of a charitable grant in 2024
  • SHANTHI PROJECT Partner — Recipient of a charitable grant in 2024
  • TRUSTEES OF UNIV OF PENN Partner — Recipient of a charitable grant in 2024