Stella Matutina Foundation Inc
- Assets
- $3.2m
- Revenue
- $673.5k
- Investments
- $2.9m
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 11/1991
- Data as of
- 09/2024
- EIN
- 16-1399369
Organization Overview
Stella Matutina Foundation Inc is located in Rochester, NY. The organization was established in 1991. 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. Stella Matutina 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 09/2024, Stella Matutina Foundation Inc generated $673.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $355.3k during the year ending 09/2024. While expenses have increased by 3.2% per year over the past 5 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 2020, Stella Matutina Foundation Inc has awarded 55 individual grants totaling $1,406,275. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John L Garrett Director/secretary/treasurer | 1 | $0 | |
Kathleen Whelehan Director/president | 1 | $0 | |
FR Kevin Mckenna Director | 0.5 | $0 | |
Roberta Langie Van Winkle Director | 0.5 | $0 | |
Sr Christine Wagner Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $54,844 |
| Interest on Savings | $10,461 |
| Dividends & Interest | $42,720 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $565,448 |
| Capital Gain Net Income | $565,448 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $673,473 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $234 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $341 |
| Total operating and administrative expenses | $53,258 |
| Contributions, gifts, grants paid | $302,000 |
| Total expenses and disbursements | $355,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,016 |
| Savings and temporary cash investments | $218,155 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $535,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,221,085 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Stella Matutina Foundation Inc has awarded $302,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BETHANY HOUSE PURPOSE: SUPPORT FOR THOSE SEEKING SECURE PERMANENT HOUSING | $20,000 |
BISHOP KEARNEY HIGH SCHOOL PURPOSE: TUITION ASSISTANCE | $35,000 |
HOPE HALL PURPOSE: TUITION ASSISTANCE | $30,000 |
NATIVITY PREPATORY ACADEMY PURPOSE: SCHOLARSHIP SUPPORT | $30,000 |
NAZARETH ELEMENTARY SCHOOL PURPOSE: TUITION ASSISTANCE | $30,000 |
OUR LADY OF MERCY PURPOSE: TUITION ASSISTANCE | $12,000 |