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VIOLA FOUNDATION INC
NEW YORK, NY · EIN 462542824 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Large ($10M-$50M)
revenue
$14.7M
expenses
$47K
net assets
$353K
employees
—
profile · synthesized from sources

Private foundation based in New York that makes unrestricted grants to a variety of nonprofit organizations. The foundation supports causes including medical research, education, veterans and military families, cultural institutions, and youth programs. In 2024, it distributed over $17 million in grants to 12 organizations.

named programs · 1 · from sources

What they call their work

Unrestricted Grantmaking
Provides general support grants to nonprofit organizations across health, education, veterans, and cultural sectors
activities · 8 groups

What they do

  • Historic Preservation Support Grants 1 activity
    • Funding Italian American cultural and athletic heritage
      Funds the National Italian American Sports Hall with an unrestricted grant of $30,000 to promote and preserve the legacy of Italian Americans in sports.
  • Private K–12 School Support 1 activity
    • Funding disability education and services
      Funds Eden II School for Autistic Children with an unrestricted grant of $35,000 to support educational programs for autistic students.
  • Multi-Institution Scholarship Funding 1 activity
    • Funding educational institutions and student fellowships
      Funds the West Point Association of Graduates with a $6,711,660 unrestricted grant to support educational and leadership programs for military cadets; funds FOCUS (Fellowship of Catholic University Students) with a $150,000 unrestricted grant to support campus ministry and student development; funds the Foundation for City College with a $130,000 unrestricted grant to support public higher education; and funds the Jack Sandner ACE Memorial Fund with a $500,000 unrestricted grant, likely supporting civic or educational initiatives honoring public service.
  • Genetic and Neurological Disease Research Funding 1 activity
    • Funding equine health and sports research
      Funds the Grayson Jockey Club Research Foundation with an unrestricted grant of $116,523 to support scientific research improving equine health and safety in horse racing.
  • Support for Israeli Educational Institutions 1 activity
    • Funding international policy and cultural understanding
      Funds the Middle East Institute with a $100,000 unrestricted grant to support research, dialogue, and education on Middle Eastern affairs and U.S. foreign policy.
  • Veteran Support Grantmaking 1 activity
    • Funding military and veteran support organizations
      Funds Gold Star Teen Adventures with a $100,000 unrestricted grant to support children of fallen military members; also funds the National Medal of Honor Museum Foundation with a $250,000 unrestricted grant to advance education and recognition of military valor.
  • Cancer Research Funding 1 activity
    • Funding prostate cancer research and support
      Funds the Prostate Cancer Foundation with an unrestricted grant of $10,000,000 to support its mission in prostate cancer research and patient support.
  • General Operating Support Grants 1 activity
    • Funding public service and civic leadership initiatives
      Funds the Dr. Richard Barnett Foundation with an unrestricted grant of $30,000, likely supporting civic engagement or public service programs aligned with Dr. Barnett’s legacy of community leadership.
financials · form 990PF · fy2024
revenue
Total revenue$14.66M
Contributions & grants$14.50M99%
Program service revenue——
Investment income$161K1%
Other revenue$511
expenses
Total expenses$47K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$18.42M
balance sheet
Total assets$353K
Cash—
Investments—
Liabilities—
Net assets$353K
4 years on record · 2019–2024 · YoY revenue +2622.4%
leadership · form 990 part vii · fy2024

Who runs it

board members · 5
  • JOHN VIOLA — TRUSTEE
  • MICHAEL VIOLA — TRUSTEE
  • TERESA VIOLA — TRUSTEE
  • TRAVIS VIOLA — TRUSTEE
  • VINCENT VIOLA — TRUSTEE
relationships · 12

Who they work with

  • DR RICHARD BARNETT FOUNDATION Partner — Receives unrestricted grant funding from Viola Foundation Inc.
  • EDEN II SCHOOL FOR AUTISTIC CHILDREN Partner — Receives unrestricted grant funding from Viola Foundation Inc.
  • FOCUS (FELLOWSHIP OF CATHOLIC UNIVERSITY STUDENT) Partner — Receives unrestricted grant funding from Viola Foundation Inc.
  • FOUNDATION FOR CITY COLLEGE Partner — Receives unrestricted grant funding from Viola Foundation Inc.
  • GOLD STAR TEEN ADVENTURES Partner — Receives unrestricted grant funding from Viola Foundation Inc.
  • GRAYSON JOCKEY CLUB RESEARCH FOUNDATION Partner — Receives unrestricted grant funding from Viola Foundation Inc.
  • JACK SANDNER ACE MEMORIAL FUND Partner — Receives unrestricted grant funding from Viola Foundation Inc.
  • MIDDLE EAST INSTITUTE Partner — Receives unrestricted grant funding from Viola Foundation Inc.
  • NATIONAL ITALIAN AMERICAN SPORTS HALL Partner — Receives unrestricted grant funding from Viola Foundation Inc.
  • NATIONAL MEDAL OF HONOR MUSEUM FDN Partner — Receives unrestricted grant funding from Viola Foundation Inc.
  • PROSTATE CANCER FOUNDATION Partner — Receives unrestricted grant funding from Viola Foundation Inc.
  • WEST POINT ASSOCIATION OF GRADUATES Partner — Receives unrestricted grant funding from Viola Foundation Inc.