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Filing year 2024

ALFIERO AND LUCIA PALESTRONI FOUNDATION INC

Englewood Cliffs, New Jersey·EIN 22-3452466·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.5M
Total assets
$22.1M
Total expenses
$1.8M
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey.

Executive Director
25th percentile to median
$80k
$87k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ALFIERO AND LUCIA PALESTRONI FOUNDATION INC equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
4%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1.3M

Itemized grants

22

Median grant

$17k

RecipientLocationPurposeAmount
HACKENSACK MERIDIAN HEALTH FOUNDATIONEDISON, NJCENTER FOR MEMORY LOSS AND BRAIN HEALTH$515k
ENGLEWOOD HEALTH FOUNDATIONENGLEWOOD, NJGALA SPONSORSHIP$250k
THE VALERIE FUNDMAPLEWOOD, NJGENERAL FUNDING$95k
THE SEEING EYEMORRISTOWN, NJGENERAL FUNDING$80k
ADLER APHASIA CENTERMAYWOOD, NJGALA SPONSORSHIP$75k
DKMSNEW YORK, NYGENERAL FUNDING$63k
CHILDREN'S SPECIALIZED HOSPITAL FOUNDATIONMOUNTAINSIDE, NJGENERAL FUNDING$50k
SUMMIT SPEECH SCHOOLNEW PROVIDENCE, NJGENERAL FUNDING$50k
SPECTRUM FOR LIVING DEVELOPMENTRIVER VALE, NJGENERAL FUNDING$45k
CHILDREN'S AID & FAMILY SERVICEPARAMUS, NJGENERAL FUNDING$25k
HOLY NAME MEDICAL CENTER FOUNDATIONTEANECK, NJMULTIPLE SCLEROSIS CENTER$19k
BERGEN PERFORMING ARTS CENTERENGLEWOOD, NJGENERAL FUNDING$15k
HACKENSACK UNIVERSITY MEDICAL CENTER FOUNDATIONEDISON, NJGENERAL FUNDING$13k
BERGEN VOLUNTEER CENTERHACKENSACK, NJGENERAL FUNDING$10k
HACKENSACK MERIDIAN OCEAN MEDICAL CENTER FOUNDATIONBRICK TOWNSHIP, NJGENERAL FUNDING$6k
RAMAPO COLLEGE FOUNDATIONMAHWAH, NJGENERAL FUNDING$5k
DON BOSCO PREPARATORY HIGH SCHOOLRAMSEY, NJGENERAL FUNDING$2k
COMMUNITY CHEST OF ENGLEWOODENGLEWOOD, NJGALA & GENERAL FUNDING$1k
WOMEN'S RIGHTS INFORMATION CENTERENGLEWOOD, NJGENERAL FUNDING$1k
KAPLAN JCC ON THE PALISADESTENAFLY, NJGENERAL FUNDING$600
FOWA RESCUE GROUPWAYNE, NJGENERAL FUNDING$500
HABITAT FOR HUMANITY OF GREATER NEWARKNEWARK, NJGENERAL FUNDING$250
Compare this foundation's grantees

Up 7%
from 2023

From $75k in 2023 to $80k in 2024.

$75k
2023
$80k
2024
In today's dollarsEst.
Up 3% in real terms$84k to $87k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 7% from 2023 to 2024, while revenue rose 69%.

$75k in 2023 to $80k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ALFIERO AND LUCIA PALESTRONI FOUNDATION INC

What does the Chief Executive Officer of ALFIERO AND LUCIA PALESTRONI FOUNDATION INC earn?

In 2024, the Chief Executive Officer of ALFIERO AND LUCIA PALESTRONI FOUNDATION INC received $80,135 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ALFIERO AND LUCIA PALESTRONI FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2024 pay of the Chief Executive Officer at ALFIERO AND LUCIA PALESTRONI FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at ALFIERO AND LUCIA PALESTRONI FOUNDATION INC equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are ALFIERO AND LUCIA PALESTRONI FOUNDATION INC's revenue and expenses?

In 2024, ALFIERO AND LUCIA PALESTRONI FOUNDATION INC reported $1.5M in total revenue and $1.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.