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EIN 36-4133403

The Turano Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Berwyn
State
Illinois
Year formed
1998
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Turano Foundation is a corporate foundation of the Turano Baking Company located in Berwyn, IL, that primarily funds charity and education initiatives. It aims to support charitable organizations through donations and has made 66 grants in the past year, with grantees including the Big Shoulders Foundation and others.
Total revenues
$5,176,082
2023
Total expenses
$305,875
2023
Total assets
$9,347,270
2023
Num. employees
0
2023

Program areas at The Turano Foundation

Donations to charitable organizations.

Grants made by The Turano Foundation

GranteeGrant descriptionAmount
The Community HouseCharity$15,000
Our Lady of Pompeii ParishCharity$10,000
Port MinistriesCharity$8,000
...and 32 more grants made totalling $156,700

Financials for The Turano Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,000,000
Investment income and dividends$176,082
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,176,082

Form 990s for The Turano Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990PFView PDF
2022-122023-10-10990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-09990PFView PDF
2019-122021-06-10990PFView PDF
...and 8 more Form 990s

Organizations like The Turano Foundation

OrganizationLocationRevenue
The Jone L Bowman FoundationWilliamsport, MD$4,793,013
The Y and Ys FoundationHarriman, NY$1,471,500
MeijerGrand Rapids, MI$21,787,705
David and Barbara B Hirschhorn FoundationBaltimore, MD$2,414,649
Belz FoundationMemphis, TN$2,173,169
Bradley-Turner FoundationColumbus, GA$6,089,240
The Pary and Abdulrahim Levian Charitable FoundationGreat Neck, NY$1,861,007
Colonial FoundationSavannah, GA$3,671,816
Cutco FoundationOlean, NY$1,592,713
ST2 FoundationSunny Isles Beach, FL$17,189,024
Data update history
November 26, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 16, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 13, 2023
Posted financials
Added Form 990PF for fiscal year 2020
October 18, 2021
Posted financials
Added Form 990PF for fiscal year 2019
November 24, 2019
Posted financials
Added Form 990PF for fiscal year 2018
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
6501 W Roosevelt Rd
Berwyn, IL 60402
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Phone
(708) 788-9220
IRS details
EIN
36-4133403
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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