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Avelina Charitable Foundation Inc. is a private corporation based in PLAINVILLE, MA. The foundation received its IRS ruling in 2002. The principal officer is Gerard C Lorusso. It holds total assets of $2K. Annual income is reported at $10K. Total assets have grown from $3K in 2011 to $20K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Avelina Charitable Foundation Inc. has made 11 grants totaling $155K, with a median grant of $12K. Annual giving has grown from $63K in 2021 to $91K in 2022. Individual grants have ranged from $500 to $34K, with an average award of $14K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$12K
Average Grant
$15K
Largest Grant
$34K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Avelina Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MA.
Avelina Charitable Foundation Inc. has distributed a total of $155K across 11 grants. The median grant size is $12K, with an average of $14K. Individual grants have ranged from $500 to $34K.
Avelina Charitable Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (010563707) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Avelina Charitable Foundation Inc. is headquartered in PLAINVILLE, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kevin E Currier | Clerk | $0 | $0 | N/A |
| Gerard C Lorusso | Trustee & Pres | $0 | $0 | N/A |
Total Giving
$30K
Total Assets
$20K
Fair Market Value
$20K
Net Worth
$20K
Grants Paid
$30K
Contributions
$45K
Net Investment Income
N/A
Distribution Amount
$1K
Total Grants
11
Total Giving
$155K
Average Grant
$14K
Median Grant
$12K
Unique Recipients
5
Most Common Grant
$12K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Xaverian Brothers High SchoolGeneral support for school and educational program | Westwood, MA | $34K | 2022 |
| Hockamock Area YmcaCommunity based support programs | North Attleboro, MA | $12K | 2022 |
| Pan-Mass Challenge Jimmy FundCancer research and related work | Needham Heights, MA | $500 | 2022 |
| New England Law School - BostonGeneral support for school educational programs | Boston, MA | $25K | 2021 |
| Sturdy Memorial Foundation IncGeneral support for hospital programs | Attleboro, MA | $3K | 2021 |