The Alesio Family Foundation concentrates its philanthropic resources on community development and civic engagement, with large, flexible grants and in‑kind support to intermediary organizations and local service providers. Its giving emphasizes Newark‑area economic and civic initiatives, support for voter rights/civic infrastructure via New Venture Fund vehicles, and immigrant-language/access services. The foundation prefers unrestricted funding and repeat commitments to a small set of partners rather than broad small-dollar giving.
Alesio Family Foundation’s largest recent award was a $1.59 million in-kind grant to Ayco Charitable Foundation, a signal that the foundation uses substantial, flexible support as part of its grantmaking. Across the recent record, its funding is concentrated in large general and unrestricted awards, alongside targeted support for civic engagement and language-access work. The foundation also shows repeat support for Newark Alliance Inc, giving the organization $708,345 in 2024 after a $703,700 grant in 2023. That pattern points to sustained backing for intermediary and community-development organizations rather than a wide spread of small grants. The foundation’s recent grants also include $100,000 awards routed through New Venture Fund for Voting Rights Lab and Voting Right Lab, tying its civic-engagement giving to fiscal-sponsor vehicles. Another grant went to Riverside Language Program Inc for general and unrestricted support, fitting the foundation’s stated emphasis on language and immigrant-family services. Overall, the grant record shows a regional funder that combines very large unrestricted awards with a few program-linked commitments.
Community and economic development is a clear throughline in the foundation’s grant record. It gave $708,345 to Newark Alliance Inc in 2024 for general and unrestricted support, following a $703,700 grant to the same organization in 2023. Civic engagement is another funded area. In 2023, Alesio Family Foundation made two $100,000 grants through New Venture Fund, one for Voting Rights Lab and one for Voting Right Lab. Language-access and immigrant-family services also appear in the recent grants. The foundation gave $50,000 to Riverside Language Program Inc in New York for general and unrestricted support. Its use of a fiscal sponsor for voting-rights work and unrestricted support for local service providers suggests a preference for flexible funding channels tied to specific civic or community infrastructure.
Typical grant size is large: the 25th percentile is $100,000, the median is $401,850, and the 75th percentile is $707,184. The recent record also includes a very large in-kind award of $1.59 million. Grants are often unrestricted, and the same recipient can appear in more than one year, as shown by Newark Alliance Inc in 2023 and 2024. The foundation is not a fund for individuals and does not make program-related investments, based on the provided profile fields.
$3.3M
$0
$6K
$9K
Most grants fall between $100K and $707K, with a median of $402K.
25th Percentile
$100K
Median
$402K
75th Percentile
$707K
About 0% of grants go to recipients in NY.
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Highly concentrated giving: very few, large grants that make up the bulk of total giving; repeat support to a small number of grantees and use of fiscal-sponsor intermediaries; preference for general/unrestricted and in‑kind support over project‑restricted gifts.
Notable grantees: AYCO Charitable Foundation, Newark Alliance Inc, New Venture Fund (Voting Rights Lab), Riverside Language Program Inc
The foundation’s giving is regional and lands entirely in the United States in the recent sample. New Jersey is a major destination through Newark-based grants, while New York also appears through Cohoes and New York City recipients. Maryland is present through Baltimore-based fiscal-sponsor funding. The recipient-country distribution shows 6 grants, all in the US. No grants in the recent list go to Delaware recipients.
Its recent grants go to community-development intermediaries, fiscal sponsors used for voting-rights work, and a language program provider. Examples include Newark Alliance Inc for general support, New Venture Fund for Voting Rights Lab and Voting Right Lab, and Riverside Language Program Inc for general and unrestricted support.
Yes. The recent grants list includes multiple general and unrestricted awards, including $708,345 to Newark Alliance Inc, $703,700 to the same organization in the prior year, and $50,000 to Riverside Language Program Inc. The largest award is also labeled general and unrestricted in-kind support.
Yes. Newark Alliance Inc appears in two consecutive years, with $703,700 in 2023 and $708,345 in 2024. That pattern suggests continued support rather than one-time funding only.
The grant-size distribution is high: the 25th percentile is $100,000, the median is $401,850, and the 75th percentile is $707,184. The recent list also includes a $1.59 million in-kind grant.
The top state by grant count is New York. In the recent grants list, New York recipients include Cohoes and New York City organizations, while Newark-based grantees in New Jersey also receive substantial support.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| AYCO CHARITABLE FOUNDATION | COHOES, NY | $1,593,827 | 2024 | General & Unrestricted (IN-KIND GRANTS - SEE GENERAL EXPLANATION) |
| NEWARK ALLIANCE INC | NEWARK, NJ | $708,345 | 2024 | General & Unrestricted |
| RIVERSIDE LANGUAGE PROGRAM INC | NEW YORK, NY | $50,000 | 2024 | General & Unrestricted |
| NEWARK ALLIANCE INC | NEWARK, NJ | $703,700 | 2023 | General & Unrestricted |
| NEW VENTURE FUND | BALTIMORE, MD | $100,000 | 2023 | Voting Rights Lab |
| NEW VENTURE FUND | BALTIMORE, MD | $100,000 | 2023 | Voting Right Lab |
AYCO CHARITABLE FOUNDATION
$1,593,827General & Unrestricted (IN-KIND GRANTS - SEE GENERAL EXPLANATION)
NEWARK ALLIANCE INC
$708,345General & Unrestricted
RIVERSIDE LANGUAGE PROGRAM INC
$50,000General & Unrestricted
NEWARK ALLIANCE INC
$703,700General & Unrestricted
NEW VENTURE FUND
$100,000Voting Rights Lab
NEW VENTURE FUND
$100,000Voting Right Lab