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PETER & ROSANNE ARESTY FOUNDATION
NEW YORK, NY · EIN 316666451 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$189K
expenses
$11K
net assets
$3.1M
employees
—
profile · synthesized from sources

Peter & Rosanne Aresty Foundation is a private foundation based in New York that supports a range of nonprofit organizations through general-purpose grants. The foundation funds institutions in education, the arts, and community services, with recent grantees including colleges, medical schools, theaters, and scholarship programs. It operates exclusively as a grantmaking entity without direct service programs.

named programs · 1 · from sources

What they call their work

General Grant Program
Provides unrestricted financial support to nonprofit organizations in education, the arts, and community services, with no specified programmatic conditions
activities · 4 groups

What they do

  • Art Museum Funding and Support 1 activity
    • Grantmaking for arts and cultural organizations
      Funds arts and cultural institutions for general use, including The Wolfsonian-Florida International University and Emelin Theatre.
  • General Operating Support Grants 1 activity
    • Grantmaking for community and youth service organizations
      Funds community-based and youth-focused organizations for general use, including Youth Advocacy Foundation, Community Resource Foundation, and Yonkers Partnership in Education.
  • Multi-Institution Scholarship Funding 1 activity
    • Grantmaking for educational institutions
      Funds a range of educational institutions, including colleges, schools, and scholarship programs, for general use. Recipients include Bowdoin College, Skidmore College, New York University, Forman School, Icahn School of Medicine at Mt Sinai, and the First Generation Scholarship Fund.
  • Environmental Conservation Grantmaking 1 activity
    • Grantmaking for environmental conservation
      Funds land conservation efforts through support for the Westport Land Conservation Trust for general use.
financials · form 990PF · fy2024
revenue
Total revenue$189K
Contributions & grants——
Program service revenue——
Investment income$79K42%
Other revenue$108K
expenses
Total expenses$11K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$170K
balance sheet
Total assets$3.08M
Cash—
Investments—
Liabilities—
Net assets$3.08M
4 years on record · 2020–2024 · YoY revenue +105.3%
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • PETER ARESTY — TRUSTEE
  • ROSANNE ARESTY — TRUSTEE
relationships · 12

Who they work with

  • BOWDOIN COLLEGE Partner — Recipient of a $10,000 grant in 2024
  • COMMUNITY RESOURCE FOUNDATION Partner — Recipient of a $5,000 grant in 2024
  • EMELIN THEATRE Partner — Recipient of a $10,000 grant in 2024
  • FIRST GENERATION SCHOLARSHIP FUND Partner — Recipient of a $5,000 grant in 2024
  • FORMAN SCHOOL Partner — Recipient of a $25,000 grant in 2024
  • ICHAN SCHOOL OF MEDICINE AT MT SINAI Partner — Recipient of a $25,000 grant in 2024
  • NEW YORK UNIVERSITY Partner — Recipient of a $5,000 grant in 2024
  • SKIDMORE COLLEGE Partner — Recipient of a $20,000 grant in 2024
  • THE WOLFSONIAN-FLORIDA INTERNATIONAL UNIVERSITY Partner — Recipient of a $25,000 grant in 2024
  • WESTPORT LAND CONSERVATION TRUST Partner — Recipient of a $5,000 grant in 2024
  • YONKERS PARTNERSHIP IN EDUCATION Partner — Recipient of a $5,000 grant in 2024
  • YOUTH ADVOCACY FONDATION Partner — Recipient of a $7,500 grant in 2024