Monks Of Norcia Foundation

Organization Overview

Monks Of Norcia Foundation is located in Norwalk, CT. The organization was established in 2000. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monks Of Norcia Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Monks Of Norcia Foundation generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.5% each year . All expenses for the organization totaled $4.0m during the year ending 06/2022. While expenses have increased by 29.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE WORK AND ACTIVITIES OF MONKS OF THE BENEDICTINE ORDER, ESPECIALLY, BUT NOT EXCLUSIVELY, THE WORK AND ACTIVITIES OF MONASTERO DI SAN BENEDETTO IN MONTE IN NORCIA, ITALY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SUPPORT TO THE APPROXIMATELY 20 MONKS, AND OCCASIONAL VISITORS, OF THE BENEDICTINE ORDER RESIDING AT THE MONASTERO DI SAN BENEDETTO IN NORCIA, ITALY.


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Board, Officers & Key Employees

Name (title)Compensation
William Dee
President
$0
Kathleen Monroe
Secretary
$0
Thomas Kolenberg
Vice-Preside
$0
Frank Marchetti
Treasurer
$0
Jeffrey Karls
Director
$0
J William Waltman Jr
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,629,957
Noncash contributions included in lines 1a–1f $105,428
Total Revenue from Contributions, Gifts, Grants & Similar$3,629,957
Total Program Service Revenue$0
Investment income $16,156
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$21,014
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,625,099

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Monks Of Norcia Foundation has recieved totaling $1,010,000.

Awarding OrganizationAmount
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: RELIGIOUS

$1,000,000
Servant Foundation

Overland Park, KS

PURPOSE: RELIGIOUS MINISTRY

$10,000
View Grant Recipient Profile

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