Max And Marion Volterra Charitable Foundation Inc
- Assets
- $818.0k
- Revenue
- $175.3k
- Investments
- $811.7k
- Employees
- 0
- Location
- Attleboro, MA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-4102497
Organization Overview
Max And Marion Volterra Charitable Foundation Inc is located in Attleboro, MA. The organization was established in 2014. According to its NTEE Classification (T31) the organization is classified as: Community 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. Max And Marion Volterra 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 12/2021, Max And Marion Volterra Charitable Foundation Inc generated $175.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $61.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Max And Marion Volterra Charitable Foundation Inc has awarded 41 individual grants totaling $212,350. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED GRANTS TO 3 ATTLEBORO AREA NON PROFIT AGENCIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vivian Humphrey Director | 0 | $0 | |
Max Volterra Past President | 0.1 | $0 | |
Charles Oliver Director | 0 | $0 | |
Marion Volterra Treasurer | 0.1 | $0 | |
Dennis Bisio Director | 0 | $0 | |
Kevin Dumas Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,933 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $144,401 |
| Capital Gain Net Income | $144,401 |
| Net ST Capital Gain | $23,410 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $175,334 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $624 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37 |
| Total operating and administrative expenses | $9,459 |
| Contributions, gifts, grants paid | $52,350 |
| Total expenses and disbursements | $61,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,367 |
| 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 | $520,082 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $818,019 |
| 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, Max And Marion Volterra Charitable Foundation Inc has awarded $52,350 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA ATTLEBORO PURPOSE: BENEVOLENCE | $11,000 |
HEBRON FOOD PANTRY PURPOSE: BENOVLENCE | $6,500 |
ATTLEBORO INTERFAITH COLLABORATIVE PURPOSE: BENEVOLENCE | $5,350 |
Attleboro, MA PURPOSE: BENEVOLENCE | $5,000 |
Attleboro, MA PURPOSE: BENOVLENCE | $5,000 |
Attleboro, MA PURPOSE: BENOVLENCE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Community Foundation For The Greater Capital Region Inc Albany, NY | $120,227,075 | $24,885,752 |
Connecticut Community Foundation Inc Waterbury, CT | $154,014,275 | $11,174,882 |
Adirondack Foundation Lake Placid, NY | $81,334,603 | $18,009,853 |
New York City Partnership Foundation Inc New York, NY | $45,208,462 | $5,342,641 |
Northwest Connecticut Community Foundation Inc Torrington, CT | $136,137,199 | $9,989,668 |
Westchester Community College Foundation Inc Valhalla, NY | $61,692,109 | $7,530,233 |
Greater Lowell Community Foundation Inc Lowell, MA | $59,223,650 | $8,473,367 |
Foundation For Metrowest Inc Natick, MA | $31,216,524 | $9,263,838 |
Community Foundation Of North Central Massachusetts Inc Fitchburg, MA | $67,231,130 | $10,261,158 |
Cambridge Community Foundation Cambridge, MA | $50,483,194 | $9,505,977 |
Chautauqua Region Community Foundation Inc Jamestown, NY | $142,153,687 | $14,207,759 |
Gurwin Jewish Geriatric Foundation Inc Commack, NY | $34,213,292 | $8,779,921 |