The Aletto Family Foundation concentrates its giving on education and local family/parent-centered organizations, with a particular emphasis on supporting schools and parent groups. Most dollars have gone to a repeat recipient tied to community/parent engagement, while the remainder supports both higher education and independent K–8 schooling. Grants are general operating in purpose, suggesting flexible support rather than project-restricted funding.
Concentrated, small-number giving: a few relatively large, unrestricted grants with at least one repeat grantee that receives the majority of funding; geographically focused in the foundation's region but willing to fund out-of-state independent schools.
Aletto Family Foundation Gary S Aletto shows a clear preference for repeat general operating support, with Carmel Dads Club receiving the two largest grants in the recent record: $53,000 in 2023 and $42,300 in 2024. That pattern stands out because the foundation’s giving is otherwise built around smaller, steady awards to education and family-centered organizations. The foundation has also backed Butler University with $25,000 in 2023 and $5,000 in 2024, showing support for both larger and smaller allocations within the same institution. Independent schools, higher education, and parent or community groups appear throughout the recent grants list, alongside operating support for local institutions such as the 500 Festival Foundation, Children’s Theraplay, and the Children’s Museum of Indianapolis Inc. The largest awards and repeat gifts suggest a funder that favors practical, flexible support rather than one-off project grants. Across the recent grant record, the foundation’s work is concentrated in Indiana and centers on organizations serving children, students, and local family engagement.
Education is a consistent thread in the recent record. The foundation gave $25,000 to Butler University in 2023 and $5,000 in 2024, both for general fund support, and also granted $12,500 to Boulder Country Day School for its general fund. Community and family-oriented organizations are another visible area: Carmel Dads Club received $53,000 in 2023 and $42,300 in 2024, both as general fund gifts. Support also reaches youth and child-focused nonprofits, including $5,000 to Children’s Theraplay in 2023 and 2024 and $1,000 to Village of Merici Inc in both years. The recent list also includes cultural and civic institutions, such as the Children’s Museum of Indianapolis Inc and the 500 Festival Foundation, each receiving general fund support.
Typical grants cluster at modest levels: the 25th percentile and median are both $5,000, while the 75th percentile is $10,000. The recent record includes repeated awards to the same organizations across 2023 and 2024, which points to ongoing relationships rather than isolated gifts. Several recipients appear in both years, and the largest award was also repeated to the same grantee in consecutive years. The foundation is a family foundation, and the grants shown are general fund awards rather than program-specific or restricted gifts. No application process is described in the provided data.
$94K
$336K
$98K
$95K
Most grants fall between $5K and $10K, with a median of $5K.
25th Percentile
$5K
Median
$5K
75th Percentile
$10K
About 82% of grants go to recipients in IN.
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Notable grantees: Carmel Dads Club, Butler University, Boulder Country Day School
Grantmaking is overwhelmingly local and centered in Indiana. Of the recent grants listed, 82% go to recipients in the foundation’s headquarters state. Carmel and Indianapolis account for most of the named recipients, including Carmel Dads Club, Children’s Theraplay, and Village of Merici Inc in Carmel, plus Butler University, the 500 Festival Foundation, First Baptist Athletics, and the Children’s Museum of Indianapolis Inc in Indianapolis. Outside Indiana, the record includes Boulder Country Day School in Colorado and Duquesne University in Pennsylvania. All recent grants in the dataset go to U.S. recipients.
The recent grants point to education and family-centered organizations. Examples include Carmel Dads Club for general fund support, Butler University and Boulder Country Day School for general fund support, and youth-serving groups such as Children’s Theraplay and Village of Merici Inc.
The grants shown are all labeled general fund or general operating support, including awards to Carmel Dads Club, Butler University, Duquesne University, and the Children’s Museum of Indianapolis Inc. That indicates flexible support rather than project-specific funding.
The grant-size distribution is concentrated at relatively small amounts: the 25th percentile is $5,000, the median is $5,000, and the 75th percentile is $10,000.
Yes. Several recipients appear in both 2023 and 2024, including Carmel Dads Club, Duquesne University, 500 Festival Foundation, Children’s Theraplay, Children’s Museum of Indianapolis Inc, and Village of Merici Inc. That pattern suggests recurring support.
The foundation gives mostly in Indiana. The data shows 82% of grants to recipients in the headquarters state, with Carmel and Indianapolis appearing frequently in the recipient list.
2024
Source: IRS Form 990-PF, fiscal year 2024.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| CARMEL DADS CLUB | CARMEL, IN | $42,300 | 2024 | GENERAL FUND |
| BOULDER COUNTRY DAY SCHOOL | BOULDER, CO | $12,500 | 2024 | GENERAL FUND |
| DUQUESNE UNIVERSITY | PITTSBURGH, PA | $10,000 | 2024 | GENERAL FUND |
| 500 FESTIVAL FOUNDATION | INDIANAPOLIS, IN | $6,000 | 2024 | GENERAL FUND |
| FIRST BAPTIST ATHLETICS | INDIANAPOLIS, IN | $5,000 | 2024 | GENERAL FUND |
| BUTLER UNIVERSITY | INDIANAPOLIS, IN | $5,000 | 2024 | GENERAL FUND |
| CHILDREN'S THERAPLAY | CARMEL, IN | $5,000 | 2024 | GENERAL FUND |
| CHILDREN'S MUSEUM OF INDIANAPOLIS INC | INDIANAPOLIS, IN | $5,000 | 2024 | GENERAL FUND |
| CAROLINE SYMMES INC | CARMEL, IN | $2,000 | 2024 | GENERAL FUND |
| VILLAGE OF MERICI INC | INDIANAPOLIS, IN | $1,000 | 2024 | GENERAL FUND |
| CARMEL DADS CLUB | CARMEL, IN | $53,000 | 2023 | GENERAL FUND |
| BUTLER UNIVERSITY | INDIANAPOLIS, IN | $25,000 | 2023 | GENERAL FUND |
| DUQUESNE UNIVERSITY | PITTSBURGH, PA | $10,000 | 2023 | GENERAL FUND |
| 500 FESTIVAL FOUNDATION | INDIANAPOLIS, IN | $6,000 | 2023 | GENERAL FUND |
| CHILDREN'S MUSEUM OF INDIANAPOLIS INC | INDIANAPOLIS, IN | $5,000 | 2023 | GENERAL FUND |
| CHILDREN'S THERAPLAY | CARMEL, IN | $5,000 | 2023 | GENERAL FUND |
| VILLAGE OF MERICI INC | INDIANAPOLIS, IN | $1,000 | 2023 | GENERAL FUND |
CARMEL DADS CLUB
$42,300GENERAL FUND
BOULDER COUNTRY DAY SCHOOL
$12,500GENERAL FUND
DUQUESNE UNIVERSITY
$10,000GENERAL FUND
500 FESTIVAL FOUNDATION
$6,000GENERAL FUND
FIRST BAPTIST ATHLETICS
$5,000GENERAL FUND
BUTLER UNIVERSITY
$5,000GENERAL FUND
CHILDREN'S THERAPLAY
GENERAL FUND
CHILDREN'S MUSEUM OF INDIANAPOLIS INC
$5,000GENERAL FUND
CAROLINE SYMMES INC
$2,000GENERAL FUND
VILLAGE OF MERICI INC
$1,000GENERAL FUND
CARMEL DADS CLUB
$53,000GENERAL FUND
BUTLER UNIVERSITY
$25,000GENERAL FUND
DUQUESNE UNIVERSITY
$10,000GENERAL FUND
500 FESTIVAL FOUNDATION
$6,000GENERAL FUND
CHILDREN'S MUSEUM OF INDIANAPOLIS INC
$5,000GENERAL FUND
CHILDREN'S THERAPLAY
$5,000GENERAL FUND
VILLAGE OF MERICI INC
$1,000GENERAL FUND