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EIN 38-3494266

Molinello Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Berkley
State
Michigan
Year formed
1999
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Molinello Family Foundation is a private foundation that primarily funds support services for the homeless, supplies, programs and services for those in need, shelter for the homeless, medical, emotional, educational and job support. The foundation was created as a result of a legal settlement which permitted the foundation to recoup lost funds which enable them to carry out their mission and exempt purpose. Grantees include National Shrine Of The Little Flower and others. The foundation made 30 grants last year.
Total revenues
$1,528,443
2023
Total expenses
$1,465,350
2023
Total assets
$18,665,843
2023
Num. employees
2
2023

Program areas at Molinello Family Foundation

Legal settlement permitted Foundation to recoup lost funds which enable them to carry out their mission and exempt purpose

Grants made by Molinello Family Foundation

GranteeGrant descriptionAmount
St Jude Children's Research HospitalResearch and Treatment of Pediatric Cancer and Diseases, and Support Services for the Families$100,000
Angels PlaceProvide Homes and Services for Individuals With Developmental Disabilities$70,000
Leader Dogs for the BlindGuide Dogs and Support Services for the Blind$70,000
...and 23 more grants made totalling $950,000

Personnel at Molinello Family Foundation

NameTitleCompensation
Rita M MorelliPresident$60,000

Financials for Molinello Family Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$821,540
Net rental income$0
Net gain from sale of non-inventory assets$706,903
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,528,443

Form 990s for Molinello Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-06990PFView PDF
2022-122023-05-08990PFView PDF
2021-122022-05-02990PFView PDF
2020-122021-06-22990PFView PDF
2019-122020-08-28990PRView PDF
...and 8 more Form 990s
Data update history
July 24, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 10, 2023
Posted financials
Added Form 990PF for fiscal year 2022
October 31, 2021
Posted financials
Added Form 990PF for fiscal year 2020
August 19, 2021
Posted financials
Added Form 990R for fiscal year 2019
November 4, 2019
Posted financials
Added Form 990PF for fiscal year 2018
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Homelessness
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
Address
PO Box 721067
Berkley, MI 48072
Metro area
Detroit-Warren-Dearborn, MI
County
Oakland County, MI
Phone
(248) 549-9467
IRS details
EIN
38-3494266
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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