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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
2022-12-01
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
$528,637
2022
Total expenses
$260,736
2022
Total assets
$4,477,063
2022
Num. employees
0
2022

Program areas at The Turano Foundation

Donations to charitable organizations.

Grants made by The Turano Foundation

GranteeGrant descriptionAmount
Loyola University Medical Center (LUMC)Charity$10,000
Port MinistriesCharity$7,500
Sarah's CircleCharity$7,000
...and 39 more grants made totalling $144,400

Personnel at The Turano Foundation

NameTitleCompensation
Lisa Turano SolanoPresident and Secretary$0

Financials for The Turano Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$500,000
Investment income and dividends$28,637
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$528,637

Form 990s for The Turano Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-10990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-09990PFView PDF
2019-122021-06-10990PFView PDF
2018-122019-10-12990PFView PDF
...and 7 more Form 990s

Organizations like The Turano Foundation

OrganizationLocationRevenue
Ken CdffoundationRye, NY$270,739
KBL Mission FoundationNacogdoches, TX$1,201,578
The Danis FoundationMiamisburg, OH$254,653
Gay and Erskine Love FoundationAtlanta, GA$1,500,000
One Against Childhood HungerSalt Lake City, UT$591,695
The WM Jordan Company Charitable FoundationNewport News, VA$162,844
Thank Heaven FoundationDallas, TX$271,456
The Dupps Company Charitable FoundationGermantown, OH$206,765
Rockridge Equine RetirementPope Valley, CA$437,841
Theodore Theodore G Huisinga Charitable FoundationWillmar, MN$579,818
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 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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