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Also known as: FOUNDATION
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Marasco & Nesselbush Foundation is a private corporation based in PROVIDENCE, RI. The foundation received its IRS ruling in 2011. The principal officer is Marasco & Nesselbush Foundation. It holds total assets of $41K. Annual income is reported at $23K. Total assets have grown from $18K in 2019 to $37K in 2023. The foundation is governed by 3 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 2016 to 2023. Funding is distributed across 4 states, including Rhode Island, Colorado, Massachusetts. According to available records, Marasco & Nesselbush Foundation has made 28 grants totaling $39K, with a median grant of $1K. The foundation has distributed between $19K and $20K annually from 2022 to 2023. Individual grants have ranged from $500 to $7K, with an average award of $1K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Rhode Island, Massachusetts, Colorado, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$1K
Largest Grant
$3K
Based on 7 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.
Marasco & Nesselbush Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in RI, MA, CO.
Marasco & Nesselbush Foundation has distributed a total of $39K across 28 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $500 to $7K.
Marasco & Nesselbush Foundation typically selects its grantees rather than accepting unsolicited proposals.
Marasco & Nesselbush Foundation is headquartered in PROVIDENCE, RI. While based in RI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephanie Galligan | DIRECTOR | $0 | $0 | N/A |
| Joseph Marasco | PRESIDENT | $0 | $0 | N/A |
| Donna Nesselbush | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$20K
Total Assets
$37K
Fair Market Value
$37K
Net Worth
$37K
Grants Paid
$20K
Contributions
$21K
Net Investment Income
N/A
Distribution Amount
$2K
Total Grants
28
Total Giving
$39K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
23
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sojourner House IncCHARITABLE | Providence, RI | $3K | 2023 |
| St Mary'S Home For ChildrenCHARITABLE | North Providence, RI | $3K | 2023 |
| Big Brother'S Big Sisters Of Rhode IslandCHARITABLE | Providence, RI | $3K | 2023 |
| Pan-Mass ChallengeCHARITABLE | Needham, MA | $3K | 2023 |
| Boys And Girls Clubs Of Northern RiCHARIABLE | Cumberland, RI | $2K | 2023 |
| Saint George Maronite Catholic ChurchCHARITABLE | Cranston, RI | $1K | 2023 |
| Tomaquag MuseumCHARITABLE | Exeter, RI | $1K | 2023 |
| National Multiple Sclerosis SocietyCHARITABLE | Denver, CO | $1K | 2023 |
| Higher Ground InternationalCHARIABLE | Providence, RI | $1K | 2023 |
| Operation Stand Down Rhode IslandCHARITABLE | Johnston, RI | $1K | 2023 |
| Mcauley HouseCHARITABLE | Providence, RI | $500 | 2023 |
| New Urban ArtsCHARITABLE | Providence, RI | $500 | 2023 |
| Meals On Wheels Of Rhode IslandCHARITABLE | Providence, RI | $500 | 2023 |
| Taste RiteCHARIABLE | Wakefield, RI | $3K | 2022 |
| The Providence CenterCHARITABLE | Providence, RI | $1K | 2022 |
| Dana Farber Cancer InstituteCHARIABLE | Boston, MA | $1K | 2022 |
| Gloria Gemma FoundationCHARITABLE | Pawtucket, RI | $600 | 2022 |
| Clothes To Kids RiCHARITABLE | Providence, RI | $500 | 2022 |
| GladCHARIABLE | Boston, MA | $500 | 2022 |
| Ri MealsorgCHARIABLE | Providence, RI | $500 | 2022 |
| Mcauley MinistriesCHARIABLE | Providence, RI | $500 | 2022 |
| Alzheimer'S Association Of RiCHARIABLE | Providence, RI | $500 | 2022 |
| Comic ReliefCHARIABLE | New York, NY | $500 | 2022 |
| Sarah Francis Grant HomesteadCHARITABLE | Central Falls, RI | N/A | 2022 |
NORTH KINGSTOWN, RI
PROVIDENCE, RI
PROVIDENCE, RI