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Raymond & Laura Fallona Charitable Foundation is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 1992. The principal officer is Boston Safe Deposit & Trust Co. It holds total assets of $5.3M. Annual income is reported at $2.6M. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Raymond & Laura Fallona Charitable Foundation has made 17 grants totaling $976K, with a median grant of $59K. The foundation has distributed between $297K and $354K annually from 2020 to 2022. Individual grants have ranged from $30K to $106K, with an average award of $57K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$30K
Median Grant
$45K
Average Grant
$50K
Largest Grant
$89K
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.
Raymond & Laura Fallona Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in MA.
Raymond & Laura Fallona Charitable Foundation has distributed a total of $976K across 17 grants. The median grant size is $59K, with an average of $57K. Individual grants have ranged from $30K to $106K.
Raymond & Laura Fallona Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Raymond & Laura Fallona Charitable Foundation is headquartered in PITTSBURGH, PA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bny Mellon N A | TRUSTEE | $70K | $0 | $70K |
Total Giving
$338K
Total Assets
$4.9M
Fair Market Value
$5.8M
Net Worth
$4.9M
Grants Paid
$268K
Contributions
N/A
Net Investment Income
$388K
Distribution Amount
$267K
Total Grants
17
Total Giving
$976K
Average Grant
$57K
Median Grant
$59K
Unique Recipients
6
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Catholic Archdiocese OfGENERAL OPERATING PURPOSES | Braintree, MA | $71K | 2022 |
| Discalced Carmelite FathersGENERAL OPERATING PURPOSES | Brighton, MA | $106K | 2022 |
| Covenant Health SystemsGENERAL OPERATING PURPOSES | Tewksbury, MA | $71K | 2022 |
| Franciscan Order Of St ClareGENERAL OPERATING PURPOSES | Jamaica Plain, MA | $35K | 2022 |
| St Patrick'S ManorGENERAL OPERATING PURPOSES | Framingham, MA | $35K | 2022 |
| Cath Charit Bur Archdiocese OfGENREAL OPERATING PURPOSES | Boston, MA | $35K | 2022 |