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THE PETROCELLI FAMILY FOUNDATION
GREAT NECK, NY · EIN 201690418 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$7.9M
expenses
$148K
net assets
$31.5M
employees
—
profile · synthesized from sources

The Petrocelli Family Foundation is a private foundation based in Great Neck, New York, that makes charitable grants to nonprofit organizations. Its funding supports a range of causes including healthcare, medical research, Jewish philanthropy, arts education, and social services. The foundation does not operate direct service programs but fulfills its mission through grantmaking.

named programs · 3 · from sources

What they call their work

Advanced Surgical Pavilion Support
Funding for the development and operation of advanced surgical facilities at Northwell Health
Charitable Giving Program
General support grants to nonprofit organizations in healthcare, education, arts, and Jewish philanthropy
Emergency Services Funding
Support for emergency medical services at Jupiter Medical Center
activities · 9 groups

What they do

  • Hospital and Medical Center Support 2 activities
    • Funding capital projects at Northwell Health Foundation
      Funds the Advanced Surgical Pavilion and other charitable initiatives at Northwell Health Foundation.
    • Funding emergency services at Jupiter Medical Center Foundation
      Supports emergency services programs at Jupiter Medical Center Foundation.
  • Jewish Religious Institution Support 2 activities
    • Funding general charitable activities of Holocaust Memorial & Tolerance Center of Nassau County Inc.
      Finances general charitable activities of the Holocaust Memorial & Tolerance Center of Nassau County Inc.
    • Funding general charitable activities of United Jewish Appeal Federation of Jewish Philanthropies of NY Inc.
      Provides financial support for the general charitable activities of United Jewish Appeal Federation of Jewish Philanthropies of NY Inc.
  • General Operating Support Grants 2 activities
    • Funding general charitable activities of IYRS School of Technology & Trades
      Provides funding for the general charitable activities of IYRS (IYRS School of Technology & Trades).
    • Funding general charitable activities of National Psoriasis Foundation
      Awards grants in support of the general charitable activities of the National Psoriasis Foundation.
  • Art Museum Funding and Support 1 activity
    • Funding general charitable activities of Gold Coast Art Center
      Supports the general charitable activities of Gold Coast Art Center through grants.
  • Community Foundation & United Way Support 1 activity
    • Funding general charitable activities of Madison Square Boys & Girls Club Foundation
      Finances general charitable activities of the Madison Square Boys & Girls Club Foundation.
  • Cancer Research Funding 1 activity
    • Funding general charitable activities of National Brain Tumor Society
      Provides grants to support the general charitable activities of the National Brain Tumor Society.
  • Performing Arts Production Support 1 activity
    • Funding general charitable activities of National Dance Institute
      Supports the general charitable activities of the National Dance Institute through grant funding.
  • Unrestricted Institutional Support for Medical Schools 1 activity
    • Funding general charitable activities of Weill Cornell Medicine
      Grants funding to support the general charitable activities of Weill Cornell Medicine.
  • Uncategorized 1 activity
    • Funding general charitable activities of Jerusalem Foundation
      Provides financial support for the general charitable activities of the Jerusalem Foundation.
financials · form 990PF · fy2024
revenue
Total revenue$7.92M
Contributions & grants$1.76M22%
Program service revenue——
Investment income$1.45M18%
Other revenue$4.72M
expenses
Total expenses$148K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$1.32M
balance sheet
Total assets$31.52M
Cash—
Investments—
Liabilities—
Net assets$31.52M
4 years on record · 2020–2024 · YoY revenue +61.7%
leadership · form 990 part vii · fy2024

Who runs it

board members · 8
  • ATTILIO PETROCELLI — DIRECTOR
  • BRIANA R LAMORETTI — DIRECTOR
  • CAMRYN L WEINBAUM — DIRECTOR
  • JARED G WEINBAUM — DIRECTOR
  • MELISSA WEINBAUM — DIRECTOR
  • MICHAEL J WEINBAUM — DIRECTOR
  • MICHAEL LAMORETTI — DIRECTOR
  • VANESSA M LAMORETTI — DIRECTOR
relationships · 12

Who they work with

  • GOLD COAST ART CENTER Partner — Receives grant funding for charitable purposes.
  • HOLOCAUST MEMORIAL & TOLERANCE CENTER OF NASSAU COUNTY INC Partner — Receives grant funding for charitable purposes.
  • IYRS (IYRS SCHOOL OF TECHNOLOGY & TRADES) Partner — Receives grant funding for charitable purposes.
  • JERUSALEM FOUNDATION Partner — Receives grant funding for charitable purposes.
  • JUPITER MEDICAL CENTER FOUNDATION Partner — Receives grant funding for emergency services.
  • MADISON SQUARE BOYS & GIRLS CLUB FOUNDATION Partner — Receives grant funding for charitable purposes.
  • NATIONAL BRAIN TUMOR SOCIETY Partner — Receives grant funding for charitable purposes.
  • NATIONAL DANCE INSTITUTE Partner — Receives grant funding for charitable purposes.
  • NATIONAL PSORIASIS FOUNDATION Partner — Receives grant funding for charitable purposes.
  • NORTHWELL HEALTH FOUNDATION Partner — Receives grant funding for the Advanced Surgical Pavilion and other charitable purposes.
  • UNITED JEWISH APPEAL FEDERATION OF JEWISH PHILANTHROPIES OF NY INC Partner — Receives grant funding for charitable purposes.
  • WEILL CORNELL MEDICINE Partner — Receives grant funding for charitable purposes.