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Colosimo Family Foundation is a private corporation based in OAK LAWN, IL. The foundation received its IRS ruling in 2000. The principal officer is Ronald Acolosimo President. It holds total assets of $802K. Annual income is reported at $432K. Total assets have grown from N/A in 2011 to $860K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Colosimo Family Foundation has made 18 grants totaling $1.2M, with a median grant of $50K. Individual grants have ranged from $12K to $195K, with an average award of $65K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Illinois and Missouri. Contributions to this foundation are tax-deductible.
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.
Colosimo Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in IL, MO.
Colosimo Family Foundation has distributed a total of $1.2M across 18 grants. The median grant size is $50K, with an average of $65K. Individual grants have ranged from $12K to $195K.
Colosimo Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Colosimo Family Foundation is headquartered in OAK LAWN, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald Colosimo | PRESIDENT | $0 | $0 | N/A |
Total Giving
$587K
Total Assets
$860K
Fair Market Value
N/A
Net Worth
$860K
Grants Paid
$587K
Contributions
$567K
Net Investment Income
$22K
Distribution Amount
N/A
Total: $517K
Total Grants
18
Total Giving
$1.2M
Average Grant
$65K
Median Grant
$50K
Unique Recipients
9
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Restoration MinistriesRELIGIOUS | Harvey, IL | $140K | 2022 |
| The Shrine Of Our Lady Of PompeiiRELIGIOUS | Chicago, IL | $195K | 2022 |
| Parkview ChurchRELIGIOUS | Orland Park, IL | $60K | 2022 |
| Trinity Christian CollegeEDUCATION | Palos Heights, IL | $50K | 2022 |
| Men Of IssacharEDUCATION | Harvey, IL | $50K | 2022 |
| Elim Christian SchoolEDUCATION | Crestwood, IL | $35K | 2022 |
| Spirit Of God FellowshipRELIGIOUS | Harvey, IL | $25K | 2022 |
| Teen ReachEDUCATION | Orland Park, IL | $20K | 2022 |
| Contemplative-Good Shepard SistersRELIGIOUS | Chesterfield, MO | $12K | 2022 |