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THE JOSEPH AND SUSAN GATTO FOUNDATION
MELVILLE, NY · EIN 133921102 · Form 990PF · FY2024 · NTEE T20Z · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$279K
expenses
$33K
net assets
$0
employees
—
profile · synthesized from sources

The Joseph and Susan Gatto Foundation is a private foundation based in Melville, NY, focused on grantmaking to support education, health, and mental health initiatives. In 2024, it distributed its remaining assets to a donor-advised fund at Fidelity Charitable, indicating a planned dissolution. Its prior grants supported universities, medical research, and patient advocacy organizations.

named programs · 2 · from sources

What they call their work

Education and Institutional Support
General and programmatic support to universities including Cornell and Princeton for educational initiatives.
Health and Medical Research Grants
Support for organizations advancing research and care in lupus, Sjogren's syndrome, and mental health.
activities · 4 groups

What they do

  • University-Specific Endowment and Program Funding 3 activities
    • Funding Cornell University for education and institutional programming
      Provides grants to Cornell University to support educational initiatives and institutional programming.
    • Funding Princeton University with general operating support
      Awards grants to Princeton University for general operating support.
    • Funding University of Pennsylvania for educational purposes
      Provides financial support to the University of Pennsylvania for educational programs and activities.
  • Autoimmune Disease Research Funding 2 activities
    • Funding Sjogren's Foundation for education, awareness, advocacy, and research
      Finances the Sjogren's Foundation to advance education, awareness, advocacy, and research funding related to Sjogren's syndrome.
    • Funding The Lupus Foundation to improve quality of life for people affected by lupus
      Supports The Lupus Foundation to enhance services and programs that improve the quality of life for individuals affected by lupus.
  • Donor-Advised Fund Grantmaking 1 activity
    • Funding Fidelity Charitable Gift Fund for future grantmaking
      Funds Fidelity Charitable Gift Fund to support future grantmaking to 501(c)(3) public charities as part of its plan of dissolution.
  • Mental Health Research and Services Funding 1 activity
    • Funding McLean Hospital for mental health care advancement
      Provides grants to McLean Hospital to advance mental health care through compassionate, specialized, and evidence-based services.
financials · form 990PF · fy2024
revenue
Total revenue$279K
Contributions & grants$00%
Program service revenue——
Investment income$264K95%
Other revenue$15K
expenses
Total expenses$33K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$12.24M
balance sheet
Total assets$0
Cash—
Investments—
Liabilities—
Net assets$0
6 years on record · 2019–2024 · YoY revenue -40.8%
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • JOSEPH D GATTO — TRUSTEE
  • SUSAN GATTO — TRUSTEE
relationships · 7

Who they work with

  • CORNELL UNIVERSITY Partner — Recipient of grant for education and institutional programming.
  • FIDELITY INVESTMENTS CHARITABLE GIFT FUND Partner — Distribution of remaining charitable assets for future grantmaking to 501(c)(3) public charities.
  • MCLEAN HOSPITAL Partner — Recipient of grant to advance mental health care with compassionate, specialized, and evidence-based services.
  • PRINCETON UNIVERSITY Partner — Recipient of general operating support.
  • SJOGREN'S FOUNDATION Partner — Recipient of grant for education, awareness, advocacy, and research funding.
  • THE LUPUS FOUNDATION Partner — Recipient of grant to improve quality of life for people affected by lupus.
  • UNIVERSITY OF PENNSYLVANIA Partner — Recipient of education grant.