2024-11-08T13:00:13-06:00 2023-12-31 Foundation Source 3333 New Hyde Park Rd Ste 406 New Hyde Park NY 11042 990PF 2023-01-01 208068320 The Annette and Anthony Albanese Foundation % Foundation Source ANNE 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 russell albanese treasurer 8008391754 2024-11-05 true true Jeffrey D Haskell P01345770 8008391754 2023 2024-10-15 13:58:12Z X 2466780 X 1000000 23439 23439 51061 51061 50501 802121 363681 1125001 438181 0 18265 18265 4429 129 10056 10056 32750 18394 10056 428500 428500 461250 18394 438556 663751 419787 75008 659429 659429 29685 81306 80409 1197477 1023953 1245656 286236 487575 481286 1588406 2252263 2466780 1163 1269 1163 1269 X 1587243 2250994 1587243 2250994 1588406 2252263 1587243 663751 2250994 2250994 Publicly-traded Securities 802121 438440 363681 363681 363681 5835 5835 5835 4457 0 1600 6057 X 0 222 222 false false false false false false true true true DE NY true false false false false true Foundation Source 8008391754 55 WALLS DRIVE FL 3 Fairfield CT 06824 false false false false false false false false false false false false false false false false false false false false false Annette Albanese Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Russell C Albanese Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir 1.0 0 0 0 Elena D'Agostino Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Sec 1.0 0 0 0 Deborah Klein Foundation Source 501 Silverside Rd Wilmington DE 198091377 Dir, Pres 1.0 0 0 0 1517978 643101 0 2161079 0 2161079 32416 2128663 106433 106433 5835 5835 100598 100598 100598 438556 0 0 0 0 438556 100598 166066 3674 227340 397080 438556 100598 337958 735038 0 166066 568972 3674 227340 337958 Annette Albanese X ALEXS LEMONADE STAND FOUNDATION 333 E LANCASTER AVE 414 WYNNEWOOD PA 19096 N/A PC Children and families with BWS, SGBS and WAGR syndrome 10000 ARDEN THEATRE COMPANY 40 N 2ND ST PHILADELPHIA PA 19106 N/A PC Charitable Event 2000 COREGIVING CO 233 S WACKER DR STE 4700 CHICAGO IL 60606 N/A PC General & Unrestricted 1000 HEARING LOSS ASSOCIATION OF AMERICA INC 6116 EXECUTIVE BLVD STE 320 ROCKVILLE MD 20852 N/A PC Walk4Hearing 500 MEMORIAL SLOAN-KETTERING CANCER CENTER 1275 YORK AVE NEW YORK NY 10065 N/A PC Ovarian Cancer Research 2000 MEMORIAL SLOAN-KETTERING CANCER CENTER 1275 YORK AVE NEW YORK NY 10065 N/A PC Ovarian Cancer Research 2000 MEMORIAL SLOAN-KETTERING CANCER CENTER 1275 YORK AVE NEW YORK NY 10065 N/A PC Ovarian Cancer Research 2000 MEMORIAL SLOAN-KETTERING CANCER CENTER The Societ PO BOX 27106 NEW YORK NY 10087 N/A PC Myelofibrosis research grant pursuant to agreement letter dated October 16, 2023 150000 PORTERS CALL 228 2ND AVE S FRANKLIN TN 37064 N/A PC General & Unrestricted 2000 PROJECT NYAME NSA LTD 33 WILLETS LN MANHASSET NY 11030 N/A PC General & Unrestricted 2000 USDAN CENTER FOR THE CREATIVE AND PERFORMING ARTS 185 COLONIAL SPRINGS RD WHEATLEY HTS NY 11798 N/A PC General & Unrestricted 5000 YOUNG MENS CHRISTIAN ASSOCIATION OF LONG ISLAND IN 121 DOSORIS LN GLEN COVE NY 11542 N/A PC The third installment towards the development of the Wyandanch YMCA pursuant to Pledge Agreement dated April 6, 2018 250000 428500 14 23439 14 51061 18 50501 125001 125001 false false false false false false false false false false X X 1 Albanese Annette 1111 Cherry Valley Avenue Garden City NY 11530 1000000 X AMERICAN TOWER CORP BOND - 4.0 44924 44201 BANK AMER CORP - 4.125% - 01/2 25813 24980 CITIGROUP INC MTN - 3.875% - 0 45226 44164 CVS HEALTH - 3.875% - 07/20/20 45141 44229 DELL COMPUTER CORP - 7.100% - 38786 37812 GILEAD SCIENCES INC - 3.700% - 24589 24880 GOLDMAN SACHS GP INC - 5.950% 46052 46298 JPMORGAN CHASE & CO - 4.125% - 45005 44138 NETFLIX INC - 4.875% - 04/15/2 46261 45615 OCCIDENTAL PETE - 8.500% - 07/ 43083 43631 SPRINT CORPORATION - 7.625% - 48222 46990 VERIZON COMMUNICATIONS - 3.376 34473 34348 ABBVIE INC 16106 20611 ACCENTURE PLC 4072 5965 ALPHABET INC CL A 3839 19557 AMERICAN ELECTRIC POWER INC 13750 16244 AMGEN INC 17531 21602 APPLE INC 128451 192529 AT&T, INC 26583 27184 BANK OF AMERICA CORP 13865 20202 BOOZ ALLEN HAMILTON HOLDING CO 8330 10872 BROADCOM INC 2806 5581 CAMPBELL SOUP CO 19482 17940 CISCO SYSTEMS INC 6576 7073 DANAHER CORP 7421 8097 DARDEN RESTAURANTS INC 14995 16430 DUKE ENERGY CO 18539 19408 EATON CORP PLC 10379 16135 GENERAL MILLS INC 8960 8794 HONEYWELL INTL 5361 12583 INTEL CORP 6334 10553 INTERNATIONAL BUSINESS MACHINE 13408 19299 ISHARES 20+ YR TREAS BD 44703 45485 ISHARES S&P SMALLCAP 600 GROWT 10665 18771 ISHARES SHORT TERM CORPORATE B 32979 30765 JABIL CIRCUIT INC 6778 14014 JP MORGAN CHASE 104523 153089 KIMBERLY CLARK CORP 14668 16404 KRAFT HEINZ CO 18818 19045 LOCKHEED MARTIN CORP 11041 11331 LORD ABBETT BOND DEBENTURE FUN 22408 22280 LORD ABBETT INV TR, LORD ABBET 14331 14550 LORD ABBETT INVESTMENT TRUST S 35430 34966 LYONDELLBASELL INDUSTRIES NV 13692 16639 MAINSTAY MACKAY INFRASTRUCTURE 43493 38883 MICROSOFT CORP 6053 11281 PFIZER INC 15886 10508 POWERSHARES SHORT QQQ NASDAQ 18301 18344 PUT - AAPL @ 180 - EXP 01/19/2 1470 320 PUT - BX @ 125 - EXP 02/16/24 483 353 PUT - IBM @ 145 - 01/18/24 240 7 PUT - V @ 245 - EXP 01/19/24 204 40 RAYTHEON TECHNOLOGIES CORP 9355 12621 SALESFORCE.COM 6237 10789 SPDR BARCLAYS CAPITAL 1-3 MONT 73447 73111 THE BLACKSTONE GROUP INC CL A 9246 13092 THE COCA-COLA CO 20239 23867 TJX COMPANIES INC 11830 15948 TOTALENERGIES SE 6201 9096 TRAVEL+LEISURE CO 8921 9382 UNITEDHEALTH GROUP INC 8505 8950 VERALTO CORPORATION 1500 1892 VERIZON COMMUNICATIONS 21990 18850 VISA INC 19867 26035 WALGREENS BOOTS ALLIANCE 30312 25327 WASATCH SMALL CAP GROWTH 14742 15098 WILLIAMS COS 18607 27864 81306 80409 As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $428,500. This amount represents 25% or more of the Foundation's net assets of $1,690,085 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein. Administrative Fees 10031 10031 State or Local Filing Fees 25 25 OUTSTANDING OPTIONS 1163 1269 Investment Management Services 18265 18265 990-PF Estimated Tax for 2023 4300 Foreign Tax Paid 129 129