//
Also known as: CO VICTORIA ALMEIDA
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Maria And Frank Loverde Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2016. It holds total assets of $70K. Annual income is reported at $75K. Total assets have grown from $30K in 2019 to $54K in 2023. The foundation is governed by 4 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 2018 to 2023. The foundation primarily funds organizations in Illinois and Florida. According to available records, Maria And Frank Loverde Foundation has made 22 grants totaling $174K, with a median grant of $7K. The foundation has distributed between $45K and $82K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $82K distributed across 12 grants. Individual grants have ranged from $3K to $25K, with an average award of $8K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Illinois and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$7K
Average Grant
$7K
Largest Grant
$10K
Based on 6 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.
Maria And Frank Loverde Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in IL, FL.
Maria And Frank Loverde Foundation has distributed a total of $174K across 22 grants. The median grant size is $7K, with an average of $8K. Individual grants have ranged from $3K to $25K.
Maria And Frank Loverde Foundation typically selects its grantees rather than accepting unsolicited proposals.
Maria And Frank Loverde Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Victoria Almeida | Pres/Sec/Dir | $3K | $0 | $3K |
| Patricia Almeida-Brown | Treas/VP/Dir | $3K | $0 | $3K |
| Ivano Bacchetta | Director | $2K | $0 | $2K |
| Maria S Loverde | Director | $0 | $0 | N/A |
Total Giving
$56K
Total Assets
$54K
Fair Market Value
N/A
Net Worth
$54K
Grants Paid
$45K
Contributions
$65K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
22
Total Giving
$174K
Average Grant
$8K
Median Grant
$7K
Unique Recipients
8
Most Common Grant
$7K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Assumption ChurchDONATION | Chicago, IL | $8K | 2023 |
| Holy Name CathedralDONATION | Chicago, IL | $10K | 2023 |
| St Peter'S ChurchDONATION | Chicago, IL | $10K | 2023 |
| Redemptorist Denver Provst MichaelDONATION | Chicago, IL | $7K | 2023 |
| Little Flower Catholic ChurchDONATION | Hollywood, FL | $7K | 2023 |
| St Martha'S Shrine Of All SaintsDONATION | Morton Grove, IL | $3K | 2023 |
| Daughters Of St PaulDONATION | Chicago, IL | $10K | 2022 |
| Padre Pio Prayer GrouphncDONATION | Chicago, IL | $5K | 2021 |