The Alfiero and Lucia Palestroni Foundation concentrates its giving on local health care institutions in Bergen County, NJ — providing large, often unrestricted gifts to hospitals and hospital foundations (notably support for memory loss/brain health). It also makes targeted community-cultural and pediatric health gifts, including support for the county performing arts center and a pediatric cancer organization. Grants tend to fund general operations and high-profile events as well as program-specific centers.
A defining feature of the Alfiero and Lucia Palestroni Foundation Inc is its sustained support for health care institutions in Bergen County and nearby North Jersey, especially hospital systems working in memory loss, brain health, and related specialty care. The largest recent grant in the file was a $515,000 award to Hackensack Meridian Health Foundation for its Center for Memory Loss and Brain Health, followed by multi-hundred-thousand-dollar general support to Hackensack University Medical Center and Hackensack University Medical Center Foundation. The pattern points to a funder that backs core institutional operations as well as named medical centers, rather than only short-term projects. Alongside those hospital gifts, the foundation has supported community-facing organizations such as Englewood Health Foundation, Bergen Performing Arts Center, and The Valerie Fund. Those grants show an interest in both medical services and local civic institutions. The recipient list also includes organizations serving people with special needs and people living with multiple sclerosis, which broadens the foundation’s health focus beyond one disease area while still remaining tightly local in New Jersey.
In memory-loss and brain-health work, the foundation gave $515,000 to Hackensack Meridian Health Foundation for the Center for Memory Loss and Brain Health, and later added $16,000 to the same foundation for that center. It also supported Holy Name Medical Center Foundation with $48,500 in 2024 and $18,500 in 2025 for a multiple sclerosis center, showing attention to specialty clinical care. For pediatric health, The Valerie Fund received $100,000 in 2024 and $95,000 in 2025 in general support. The foundation also backed special-needs programming through Buehler Challenger & Science Center, including $75,000 in 2023 and $50,000 in 2024 for special needs programming. Community and cultural support appears in gifts such as $102,000 to Bergen Performing Arts Center for general funding.
Typical grants cluster around a middle tier: the p25 is $5,000, the median is $20,000, and the p75 is $60,000. The file shows both repeat support and one-off gifts. Several recipients appear in multiple years, including Hackensack Meridian Health Foundation, Holy Name Medical Center Foundation, Englewood Health Foundation, The Valerie Fund, Adler Aphasia Center, and Buehler Challenger & Science Center. The foundation does not fund individuals and does not make program-related investments. The recent grants show a mix of general funding, center support, gala sponsorships, and event-related support, with larger awards often directed to hospital foundations and named clinical programs.
$1.3M
$22.1M
$1.5M
$1.8M
Most grants fall between $5K and $60K, with a median of $20K.
25th Percentile
$5K
Median
$20K
75th Percentile
$60K
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Concentrated, high-value grants to a small set of local institutions — multiple six-figure gifts and some repeat grantees, favoring unrestricted/general operating support and visible sponsorships rather than many small awards.
Notable grantees: Hackensack Meridian Health Foundation (Center for Memory Loss and Brain Health), Hackensack University Medical Center / Foundation, Englewood Health Foundation, Bergen Performing Arts Center, The Valerie Fund
Giving is overwhelmingly concentrated in New Jersey: 94% of grants go to recipients in the foundation’s HQ state, and the top state by grant count is NJ. Recent recipients are clustered in Bergen County and nearby North Jersey cities, including EDISON, ENGLEWOOD, PARAMUS, TEANECK, MAYWOOD, MONTCLAIR, MORRISTOWN, and MAPLEWOOD. The recipient country distribution is entirely U.S.-based, with 55 grants to U.S. organizations. The pattern is local rather than national, with no non-U.S. recipient countries in the file.
The foundation most often supports health care institutions and disease-focused organizations in New Jersey, especially hospital systems and foundations tied to memory loss and brain health, multiple sclerosis care, pediatric health, and special-needs services. It also funds local cultural and community institutions such as Bergen Performing Arts Center.
The grant-size distribution centers on a $20,000 median, with a p25 of $5,000 and a p75 of $60,000. The recent grants include both smaller operating gifts and larger institutional awards, including six-figure support for hospital and center funding.
Yes. 94% of grants go to recipients in New Jersey, and NJ is also the top state by grant count. Recent recipients are concentrated in North Jersey cities such as EDISON, ENGLEWOOD, PARAMUS, TEANECK, and MAYWOOD.
Yes. Several organizations appear in multiple years, including Hackensack Meridian Health Foundation, Hackensack University Medical Center, Englewood Health Foundation, The Valerie Fund, Holy Name Medical Center Foundation, Adler Aphasia Center, and Buehler Challenger & Science Center.
Recent grants show support for memory loss and brain health, multiple sclerosis center support, special needs programming, pediatric cancer support, and general operating support for hospitals and local nonprofit institutions. Named grants include the Center for Memory Loss and Brain Health, a multiple sclerosis center, and special-needs programming at Buehler Challenger & Science Center.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| HACKENSACK MERIDIAN HEALTH FOUNDATION | EDISON, NJ | $515,000 | 2025 | CENTER FOR MEMORY LOSS AND BRAIN HEALTH |
| ENGLEWOOD HEALTH FOUNDATION | ENGLEWOOD, NJ | $250,000 | 2025 | GALA SPONSORSHIP |
| THE VALERIE FUND | MAPLEWOOD, NJ | $95,000 | 2025 | GENERAL FUNDING |
| THE SEEING EYE | MORRISTOWN, NJ | $80,000 | 2025 | GENERAL FUNDING |
| ADLER APHASIA CENTER | MAYWOOD, NJ | $75,000 | 2025 | GALA SPONSORSHIP |
| DKMS | NEW YORK, NY | $62,500 | 2025 | GENERAL FUNDING |
| CHILDREN'S SPECIALIZED HOSPITAL FOUNDATION | MOUNTAINSIDE, NJ | $50,000 | 2025 | GENERAL FUNDING |
| SUMMIT SPEECH SCHOOL | NEW PROVIDENCE, NJ | $50,000 | 2025 | GENERAL FUNDING |
| SPECTRUM FOR LIVING DEVELOPMENT | RIVER VALE, NJ | $45,000 | 2025 | GENERAL FUNDING |
| CHILDREN'S AID & FAMILY SERVICE | PARAMUS, NJ | $25,000 | 2025 | GENERAL FUNDING |
| HOLY NAME MEDICAL CENTER FOUNDATION | TEANECK, NJ | $18,500 | 2025 | MULTIPLE SCLEROSIS CENTER |
| BERGEN PERFORMING ARTS CENTER | ENGLEWOOD, NJ | $15,447 | 2025 | GENERAL FUNDING |
| HACKENSACK UNIVERSITY MEDICAL CENTER FOUNDATION | EDISON, NJ | $12,500 | 2025 | GENERAL FUNDING |
| BERGEN VOLUNTEER CENTER | HACKENSACK, NJ | $10,000 | 2025 | GENERAL FUNDING |
| HACKENSACK MERIDIAN OCEAN MEDICAL CENTER FOUNDATION | BRICK TOWNSHIP, NJ | $5,500 | 2025 | GENERAL FUNDING |
| RAMAPO COLLEGE FOUNDATION | MAHWAH, NJ | $5,000 | 2025 | GENERAL FUNDING |
| DON BOSCO PREPARATORY HIGH SCHOOL | RAMSEY, NJ | $2,100 | 2025 | GENERAL FUNDING |
| COMMUNITY CHEST OF ENGLEWOOD | ENGLEWOOD, NJ | $1,000 | 2025 | GALA & GENERAL FUNDING |
| WOMEN'S RIGHTS INFORMATION CENTER | ENGLEWOOD, NJ | $1,000 | 2025 | GENERAL FUNDING |
| KAPLAN JCC ON THE PALISADES | TENAFLY, NJ | $600 | 2025 | GENERAL FUNDING |
| FOWA RESCUE GROUP | WAYNE, NJ | $500 | 2025 | GENERAL FUNDING |
| HABITAT FOR HUMANITY OF GREATER NEWARK | NEWARK, NJ | $250 | 2025 | GENERAL FUNDING |
| HACKENSACK UNIVERSITY MEDICAL CENTER FOUNDATION | EDISON, NJ | $500,000 | 2024 | GENERAL FUNDING |
| ENGLEWOOD HEALTH FOUNDATION | ENGLEWOOD, NJ | $260,000 | 2024 | GALA SPONSORSHIP |
| THE VALERIE FUND | MAPLEWOOD, NJ | $100,000 | 2024 | GENERAL FUNDING |
| DKMS | NEW YORK, NY | $82,500 | 2024 | GENERAL FUNDING |
| ADLER APHASIA CENTER | MAYWOOD, NJ | $80,000 | 2024 | GALA SPONSORSHIP |
| BUEHLER CHALLENGER & SCIENCE CENTER | PARAMUS, NJ | $50,000 | 2024 | SPECIAL NEEDS PROGRAMMING |
| HOLY NAME MEDICAL CENTER FOUNDATION | TEANECK, NJ | $48,500 | 2024 | MULTIPLE SCLEROSIS CENTER |
| IMMACULATE CONCEPTION HIGH SCHOOL | MONTCLAIR, NJ | $30,000 | 2024 | GENERAL FUNDING |
| MORRISTOWN MEDICAL CENTER FOUNDATION | MORRISTOWN, NJ | $25,000 | 2024 | GENERAL FUNDING |
| HACKENSACK MERIDIAN HEALTH FOUNDATION | EDISON, NJ | $16,000 | 2024 | CENTER FOR MEMORY LOSS AND BRAIN HEALTH |
| CROSS ROADS 4 HOPE | BEDMINSTER, NJ | $10,000 | 2024 | GENERAL FUNDING |
| BERGEN PERFORMING ARTS CENTER | ENGLEWOOD, NJ | $10,000 | 2024 | GENERAL FUNDING |
| COMMUNITY CHEST OF ENGLEWOOD | ENGLEWOOD, NJ | $5,000 | 2024 | GALA & GENERAL FUNDING |
| REED FOUNDATION FOR AUTISM | OAKLAND, NJ | $2,500 | 2024 | GENERAL FUNDING |
| DON BOSCO PREPARATORY HIGH SCHOOL | RAMSEY, NJ | $2,100 | 2024 | GENERAL FUNDING |
| ENGLEWOOD CLIFFS FIRE DEPARTMENT | ENGLEWOOD CLIFFS, NJ | $1,000 | 2024 | GENERAL FUNDING |
| FOWA RESCUE GROUP | WAYNE, NJ | $1,000 | 2024 | GENERAL FUNDING |
| HACKENSACK UNIVERSITY MEDICAL CENTER | EDISON, NJ | $508,000 | 2023 | GENERAL FUNDING |
| BERGEN PERFORMING ARTS CENTER | ENGLEWOOD, NJ | $102,000 | 2023 | GENERAL FUNDING |
| BUEHLER CHALLENGER & SCIENCE CENTER | PARAMUS, NJ | $75,000 | 2023 | SPECIAL NEEDS PROGRAMMING |
| ADLER APHASIA CENTER | MAYWOOD, NJ | $60,000 | 2023 | GALA SPONSORSHIP |
| KESSLER FOUNDATION | EAST HANOVER, NJ | $56,000 | 2023 | GENERAL FUNDING |
| HOLY NAME MEDICAL CENTER FOUNDATION | TEANECK, NJ | $30,000 | 2023 | MULTIPLE SCLEROSIS CENTER |
| MATTHEW LARSON FOUNDATION | FRANKLIN LAKES, NJ | $25,000 | 2023 | GENERAL FUNDING |
| CHILDREN'S AID & FAMILY SERVICE | PARAMUS, NJ | $20,000 | 2023 | GENERAL FUNDING |
| SPECTRUM FOR LIVING | RIVER VALE, NJ | $20,000 | 2023 | GENERAL FUNDING |
| CRISTINA FONTANELLI FOUNDATION | NEW YORK, NY | $5,000 | 2023 | GENERAL FUNDING |
| THE VALERIE FUND | MAPLEWOOD, NJ | $5,000 | 2023 | GENERAL FUNDING |
HACKENSACK MERIDIAN HEALTH FOUNDATION
$515,000CENTER FOR MEMORY LOSS AND BRAIN HEALTH
ENGLEWOOD HEALTH FOUNDATION
$250,000GALA SPONSORSHIP
THE VALERIE FUND
$95,000GENERAL FUNDING
THE SEEING EYE
$80,000GENERAL FUNDING
ADLER APHASIA CENTER
$75,000GALA SPONSORSHIP
DKMS
$62,500GENERAL FUNDING
CHILDREN'S SPECIALIZED HOSPITAL FOUNDATION
GENERAL FUNDING
SUMMIT SPEECH SCHOOL
$50,000GENERAL FUNDING
SPECTRUM FOR LIVING DEVELOPMENT
$45,000GENERAL FUNDING
CHILDREN'S AID & FAMILY SERVICE
$25,000GENERAL FUNDING
HOLY NAME MEDICAL CENTER FOUNDATION
$18,500MULTIPLE SCLEROSIS CENTER
BERGEN PERFORMING ARTS CENTER
$15,447GENERAL FUNDING
HACKENSACK UNIVERSITY MEDICAL CENTER FOUNDATION
$12,500GENERAL FUNDING
BERGEN VOLUNTEER CENTER
$10,000GENERAL FUNDING
HACKENSACK MERIDIAN OCEAN MEDICAL CENTER FOUNDATION
$5,500GENERAL FUNDING
RAMAPO COLLEGE FOUNDATION
$5,000GENERAL FUNDING
DON BOSCO PREPARATORY HIGH SCHOOL
$2,100GENERAL FUNDING
COMMUNITY CHEST OF ENGLEWOOD
$1,000GALA & GENERAL FUNDING
WOMEN'S RIGHTS INFORMATION CENTER
$1,000GENERAL FUNDING
KAPLAN JCC ON THE PALISADES
$600GENERAL FUNDING
FOWA RESCUE GROUP
$500GENERAL FUNDING
HABITAT FOR HUMANITY OF GREATER NEWARK
$250GENERAL FUNDING
HACKENSACK UNIVERSITY MEDICAL CENTER FOUNDATION
$500,000GENERAL FUNDING
ENGLEWOOD HEALTH FOUNDATION
$260,000GALA SPONSORSHIP
THE VALERIE FUND
$100,000GENERAL FUNDING
DKMS
$82,500GENERAL FUNDING
ADLER APHASIA CENTER
$80,000GALA SPONSORSHIP
BUEHLER CHALLENGER & SCIENCE CENTER
$50,000SPECIAL NEEDS PROGRAMMING
HOLY NAME MEDICAL CENTER FOUNDATION
$48,500MULTIPLE SCLEROSIS CENTER
IMMACULATE CONCEPTION HIGH SCHOOL
$30,000GENERAL FUNDING
MORRISTOWN MEDICAL CENTER FOUNDATION
$25,000GENERAL FUNDING
HACKENSACK MERIDIAN HEALTH FOUNDATION
$16,000CENTER FOR MEMORY LOSS AND BRAIN HEALTH
CROSS ROADS 4 HOPE
$10,000GENERAL FUNDING
BERGEN PERFORMING ARTS CENTER
$10,000GENERAL FUNDING
COMMUNITY CHEST OF ENGLEWOOD
$5,000GALA & GENERAL FUNDING
REED FOUNDATION FOR AUTISM
$2,500GENERAL FUNDING
DON BOSCO PREPARATORY HIGH SCHOOL
$2,100GENERAL FUNDING
ENGLEWOOD CLIFFS FIRE DEPARTMENT
$1,000GENERAL FUNDING
FOWA RESCUE GROUP
$1,000GENERAL FUNDING
HACKENSACK UNIVERSITY MEDICAL CENTER
$508,000GENERAL FUNDING
BERGEN PERFORMING ARTS CENTER
$102,000GENERAL FUNDING
BUEHLER CHALLENGER & SCIENCE CENTER
$75,000SPECIAL NEEDS PROGRAMMING
ADLER APHASIA CENTER
$60,000GALA SPONSORSHIP
KESSLER FOUNDATION
$56,000GENERAL FUNDING
HOLY NAME MEDICAL CENTER FOUNDATION
$30,000MULTIPLE SCLEROSIS CENTER
MATTHEW LARSON FOUNDATION
$25,000GENERAL FUNDING
CHILDREN'S AID & FAMILY SERVICE
$20,000GENERAL FUNDING
SPECTRUM FOR LIVING
$20,000GENERAL FUNDING
CRISTINA FONTANELLI FOUNDATION
$5,000GENERAL FUNDING
THE VALERIE FUND
$5,000GENERAL FUNDING