Mazzetta Family Foundation is located in Highland Park, IL. The organization was established in 2003. 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. Mazzetta Family Foundation 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 12/2023, Mazzetta Family Foundation generated $60.5k in total revenue. All expenses for the organization totaled $52.5k during the year ending 12/2023.
Since 2016, Mazzetta Family Foundation has awarded 31 individual grants totaling $1,294,268. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO PUBLICLY SUPPORTED CHARITABLE AND EDUCATIONAL ORGANIZATIONS THAT ARE DESCRIBED IN AND QUALIFIED UNDER INTERNAL REVENUE CODE 501(C)(3).
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas J Mazzetta Pres. Treas. | 0 | $0 | |
Cynthia L Mazzetta V.pres. Secy | 0 | $0 | |
Jordan J Mazetta V.pres. Dir. | 0 | $0 | |
Zachary D Mazetta V.pres. Dir. | 0 | $0 | |
Steven W Swibel Asst. Secy. | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,000 |
| Interest on Savings | $455 |
| 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 | $60,455 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $15 |
| Contributions, gifts, grants paid | $52,500 |
| Total expenses and disbursements | $52,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $334,824 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $334,824 |
| 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 |
Over the last fiscal year, Mazzetta Family Foundation has awarded $52,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AM SHALOM PURPOSE: GENERAL CHARITABLE | $10,000 |
JEWISH UNITED FUND PURPOSE: GENERAL CHARITABLE | $25,000 |
MISERICORDIA FAMILY FOUNDATION PURPOSE: GENERAL CHARITABLE | $2,500 |
SEAFOOD INDUSTRY RESEARCH FUND PURPOSE: GENERAL CHARITABLE | $10,000 |
ST GEORGE MSU PURPOSE: GENERAL CHARITABLE | $5,000 |