Also known as: FOUNDATION
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Carol L Merlone Educational Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2019. The principal officer is Vincenzina P Cohn. It holds total assets of $2.6M. Annual income is reported at $926K. Total assets have grown from $1M in 2019 to $2.6M in 2024. The foundation is governed by 7 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in California. According to available records, Carol L Merlone Educational Foundation has made 46 grants totaling $1.3M, with a median grant of $10K. Annual giving has grown from $96K in 2020 to $798K in 2022. Individual grants have ranged from $5K to $186K, with an average award of $27K. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in California, Massachusetts, District of Columbia, which account for 72% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$8K
Average Grant
$31K
Largest Grant
$186K
Based on 12 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.
Carol L Merlone Educational Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in CA, MA, DC.
Carol L Merlone Educational Foundation has distributed a total of $1.3M across 46 grants. The median grant size is $10K, with an average of $27K. Individual grants have ranged from $5K to $186K.
Carol L Merlone Educational Foundation typically selects its grantees rather than accepting unsolicited proposals.
Carol L Merlone Educational Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kathryn M Golueke | DIRECTOR | $12K | $0 | $12K |
| Joseph Merlone | DIRECTOR | $0 | $0 | N/A |
| Gina M Marek | DIRECTOR | $0 | $0 | N/A |
| Kristen L Merlone | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Juliana M Carlson | DIRECTOR | $0 | $0 | N/A |
| Michael Merlone | DIRECTOR | $0 | $0 | N/A |
| Peter Merlone | CFO/SECRETARY/DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.6M
Fair Market Value
N/A
Net Worth
$2.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
46
Total Giving
$1.3M
Average Grant
$27K
Median Grant
$10K
Unique Recipients
17
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sigma Nu Alumni Scholarship FundSCHOLARSHIP FUND | Los Angeles, CA | $186K | 2022 |
| Uc RegentsSCHOLARSHIP FUND | Okland, CA | $53K | 2022 |
| Ucla FoundationSCHOLARSHIP FUND | Los Angeles, CA | $50K | 2022 |
| Campolindo High SchoolSCHOLARSHIP FUND | Moraga, CA | $25K | 2022 |
| Boston CollegeSCHOLARSHIP FUND | Chestnut Hill, MA | $15K | 2022 |
| Georgetown UniversitySCHOLARSHIP FUND | Washington, DC | $15K | 2022 |
| Trinity CollegeSCHOLARSHIP FUND | Hartford, CT | $10K | 2022 |
| University Of Southern CaliforniaSCHOLARSHIP FUND | Los Angeles, CA | $10K | 2022 |
| Stanford UniversitySCHOLARSHIP FUND | Stanford, CA | $8K | 2022 |
| University Of California Los AngelesSCHOLARSHIP FUND | Los Angeles, CA | $7K | 2022 |
| University Of California San DiegoSCHOLARSHIP FUND | La Jolla, CA | $5K | 2022 |
| Bocconi UniversitySCHOLARSHIP FUND | Milano | $5K | 2022 |
| Duke UniversitySCHOLARSHIP FUND | Durham, NC | $5K | 2022 |
| Washington UniversitySCHOLARSHIP FUND | St Louis, MO | $5K | 2022 |
| N Hollywood High SchoolSCHOLARSHIP FUND | North Hollywood, CA | $50K | 2021 |
| Dartmouth CollegeSCHOLARSHIP FUND | Hanover, NH | $5K | 2021 |
| Hong Kong University Of Science And TechnologySCHOLARSHIP FUND | Kowloon | $5K | 2021 |