Avelina Charitable Foundation Inc

Organization Overview

Avelina Charitable Foundation Inc is located in Plainville, MA. The organization was established in 2002. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avelina Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Avelina Charitable Foundation Inc generated $47.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $45.7k during the year ending 12/2022. While expenses have increased by 12.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Avelina Charitable Foundation Inc has awarded 40 individual grants totaling $229,418. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

NA


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Board, Officers & Key Employees

Name (title)Compensation
Kevin E Currier
Clerk
$0
Gerard C Lorusso
Trustee & Pres
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $47,667
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $47,667

Grants Awarded

Over the last fiscal year, Avelina Charitable Foundation Inc has awarded $45,667 in support to 3 organizations.

Grant RecipientAmount

XAVERIAN BROTHERS HIGH SCHOOL

Org PageRecipient Profile

Westwood, MA

PURPOSE: GENERAL SUPPORT FOR SCHOOL AND EDUCATIONAL PROGRAM

$33,667

HOCKAMOCK AREA YMCA

PURPOSE: COMMUNITY BASED SUPPORT PROGRAMS

$11,500

PAN-MASS CHALLENGE JIMMY FUND

PURPOSE: CANCER RESEARCH AND RELATED WORK

$500
View Grant Profile

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