Nelson A And Michele M Carbonell Family Foundation Inc

Organization Overview

Nelson A And Michele M Carbonell Family Foundation Inc is located in Damascus, MD. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Nelson A And Michele M Carbonell Family 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, Nelson A And Michele M Carbonell Family Foundation Inc generated $324.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $355.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Nelson A And Michele M Carbonell Family Foundation Inc has awarded 16 individual grants totaling $801,500. 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

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $92
Dividends & Interest $20,852
Net Rental Income$0
Net Gain on Sale of Assets $303,355
Capital Gain Net Income $303,355
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $564
Total Revenue $324,863

Grants Awarded

Over the last fiscal year, Nelson A And Michele M Carbonell Family Foundation Inc has awarded $316,000 in support to 6 organizations.

Grant RecipientAmount

Princeton, NJ

PURPOSE: CHARITABLE AND RESEARCH PROGRAMS

$150,000

MONTEREY PENINSULA FOUNDATION

Org PageRecipient Profile

Monterey, CA

PURPOSE: COMMUNITY NEED GRANTS

$50,000

PATRICK SHIFFLET FOUNDATION

PURPOSE: EDUCATIONAL FINANCIAL SCHOLARSHIPS

$50,000

PGA TOUR FIRST TEE FOUNDATION

PURPOSE: SOCIAL SERVICE PROGRAMS

$50,000

BOYS AND GIRLS CLUB OF CONEJO VALLEY

PURPOSE: SOCIAL SERVICE PROGRAMS

$10,000

ELS FOR AUTISM FOUNDATION

Org PageRecipient Profile

Jupiter, FL

PURPOSE: SOCIAL SERVICE PROGRAMS

$6,000
View Grant Profile

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