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Lello Family Foundation is a private corporation based in ROCKFORD, IL. The foundation received its IRS ruling in 2001. The principal officer is Holmstrom & Kennedy Pc. It holds total assets of $194K. Annual income is reported at $91K. The foundation is governed by 5 officers and trustees. 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 2020 to 2023. The foundation primarily funds organizations in Illinois and Wisconsin. According to available records, Lello Family Foundation has made 6 grants totaling $42K, with a median grant of $10K. Individual grants have ranged from $1K to $10K, with an average award of $7K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$9K
Largest Grant
$16K
Based on 4 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.
Lello Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IL.
Lello Family Foundation has distributed a total of $42K across 6 grants. The median grant size is $10K, with an average of $7K. Individual grants have ranged from $1K to $10K.
Lello Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lello Family Foundation is headquartered in ROCKFORD, IL. The foundation primarily funds organizations in Illinois, Wisconsin.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christine Ann Lello Mikul | DIRECTOR | $0 | $0 | N/A |
| Michael J Schappert | DIRECTOR | $0 | $0 | N/A |
| Peggy A Lello | VICE-PRES | $0 | $0 | N/A |
| Dennis W Lello | PRESIDENT | $0 | $0 | N/A |
| Philip R Frankfort | DIRECTOR | $0 | $0 | N/A |
Total Giving
$17K
Total Assets
$219K
Fair Market Value
$220K
Net Worth
$219K
Grants Paid
$11K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$10K
Total Grants
6
Total Giving
$42K
Average Grant
$7K
Median Grant
$10K
Unique Recipients
3
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rockford Public Library FoundationEDUCATIONAL | Rockford, IL | $10K | 2022 |
| Northwest Community CenterSOCIAL WELFARE | Rockford, IL | $10K | 2022 |
| Ymca Of Rock River ValleySOCIAL WELFARE | Rockford, IL | $1K | 2022 |