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Nonprofit · EIN 20-1690418

ATTILIO AND BEVERLY PETROCELLI FOUNDATION

Tax-exempt · GREAT NECK, NY 11021

Financials

$4.9M$1.7M2023$7.9M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of ATTILIO AND BEVERLY PETROCELLI FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$7,919,069$1,465,251$6,453,818$31,516,852$0$31,516,852
December 31, 2023990-PF$4,897,117$1,709,825$3,187,292$27,693,286$0$27,693,286
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,756,250
Dividends
$1,446,357
Net gain from sales of assets
$4,716,462

Expenses

Grants and similar amounts paid
$1,317,058
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,337,877
Excise tax on investment income
$85,616

Balance sheet and other

Total assets, start of year
$27,693,286
Total assets, end of year
$31,516,852
Total liabilities, end of year
$0
Net assets, end of year
$31,516,852
Fair market value of assets
$31,516,852
Qualifying distributions
$1,337,877
Net investment income
$6,162,819

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ATTILIO PETROCELLI
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
MICHAEL LAMORETTI
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
MELISSA WEINBAUM
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
MICHAEL J WEINBAUM
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
BRIANA R LAMORETTI
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
CAMRYN L WEINBAUM
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
VANESSA M LAMORETTI
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
JARED G WEINBAUM
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
ATTILIO PETROCELLI
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
JILL LAMORETTI
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR (END 4/12/2023)1$0
MICHAEL LAMORETTI
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
MELISSA WEINBAUM
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
MICHAEL J WEINBAUM
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
BRIANA R LAMORETTI
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
CAMRYN L WEINBAUM
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR1$0
VANESSA M LAMORETTI
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR (AS OF 4/12/2023)1$0
JARED G WEINBAUM
9 PARK PLACE, GREAT NECK, NY 110215030
DIRECTOR (AS OF 4/12/2023)1$0

Address and contacts

Address (IRS master file)
9 PARK PLACE, GREAT NECK, NY 11021-5034
In care of
% MICHAEL WEINBAUM
Signed the 990-PF
MICHAEL WEINBAUM, DIRECTOR
Phone
(516) 466-6464
Return prepared by
KPMG LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
20-1690418
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2005
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$31,516,852
Income (IRS master file)
$10,189,057

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$7,919,069$1,465,251$31,516,852XML
990-PFDecember 2023$4,897,117$1,709,825$27,693,286XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1690418).

Questions about ATTILIO AND BEVERLY PETROCELLI FOUNDATION

What is the EIN of ATTILIO AND BEVERLY PETROCELLI FOUNDATION?
The employer identification number (EIN) of ATTILIO AND BEVERLY PETROCELLI FOUNDATION is 20-1690418.
Is ATTILIO AND BEVERLY PETROCELLI FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to ATTILIO AND BEVERLY PETROCELLI FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ATTILIO AND BEVERLY PETROCELLI FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ATTILIO AND BEVERLY PETROCELLI FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ATTILIO AND BEVERLY PETROCELLI FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of ATTILIO AND BEVERLY PETROCELLI FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does ATTILIO AND BEVERLY PETROCELLI FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $7,919,069, expenses of $1,465,251 and total assets of $31,516,852 at year end.

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