NonprofitsJohn T Paolella Family Charitable Foundation

Public Foundations

John T Paolella Family Charitable Foundation

BURR RIDGE, IL

Total revenue

$118K

Total expenses

$37K

Net assets

$1.4M

Grants received

$1.0M

2 grants

EIN

853121152

Tax year

2024

Mission

to provide assistance to children, veterans and the elderly and to make grantsto other charitable,scientific, educational or other organizations described in code section 501(c)(3)

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$118K
Other revenue
Total revenue$118K

Expenses

Grants paid$24K
Salaries & benefits
Fundraising
Other expenses$13K
Total expenses$37K
Total assets$1.4M
Net assets$1.4M

People

4 listed

NameRoleCompensation

John Paolella

President & CEO

Board

1 hrs/wk

Tracy Paolella

Director

Board

1 hrs/wk

Nichole Petrovich

Director

Board

1 hrs/wk

John T Paolella

Director

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$116K
PHILANTHROPY
2023
$900K
PHILANTHROPY
2022

Funded by

$1.0M from 1 funder · 2 grants · 2022–2023

American Endowment Foundation

$1.0M · 2 grants · 2022–2023

Details

EIN853121152
NTEE codeT30
Subsection03
Ruling date2021-03
Formed2020
Employees0