Funder DirectoryTHE MORELLO FOUNDATION
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Private foundation (trust)EIN 237051152Est. 1970-02

THE MORELLO FOUNDATION

OCEAN CITY, NJ 08226

Accepts unsolicited proposals

Total Assets

$401K

FY 2024

Annual Giving

$17K

FY 2024

Grants Made

3

FY 2024

Avg Grant

$6K

FY 2024

Grant Range

$4K–$8K

Typical

Deadlines

Open / rolling

Applications

Programs & Activities

Program 1

The organization donates to schools to be used for scholarships

Program 2

The organization donates to local charitable organizations based upon submission of information to the foundation.

Financial Snapshot

2024 filing

Total Revenue

$21K

Total Expenses

$20K

Qualifying Distributions

$17K

Min. Investment Return

$17K

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $17K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

10 grants

OUR LADY OF MERCY ACADEMY
$60K
5 grants
SHORE MEDICAL CENTER
$15K
3 grants
SAINT AUGUSTINE PREP
$8K
2 grants

Grant Size Distribution

10 grants

<$10K
7
grants
$10–50K
3
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

New Jersey
$83K
100% of total

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THE MORELLO FOUNDATION — Grants, Financials & Contact | Grantivo