Demello Charitable Foundation

Organization Overview

Demello Charitable Foundation is located in New Bedford, MA. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Demello Charitable 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 12/2023, Demello Charitable Foundation generated $51.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $51.1k during the year ending 12/2023. While expenses have increased by 7.0% per year over the past 9 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.

Since 2015, Demello Charitable Foundation has awarded 19 individual grants totaling $349,590. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $50,000
Interest on Savings $1
Dividends & Interest $1,306
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $51,307

Grants Awarded

Over the last fiscal year, Demello Charitable Foundation has awarded $11,000 in support to 2 organizations.

Grant RecipientAmount

NB PORT SOCIETY

PURPOSE: RELIGIOUS SERVICES

$1,000

DISCOVERY LANGUAGE ACADEMY

PURPOSE: EDUCATION

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Mathworks Foundation Inc
Natick, MA
$6,825,775
Diller Von Furstenberg Family Foundation
New York, NY
-$946,374
The Margaret And Daniel Loeb Foundation
New York, NY
$4,367,068
Charles Lawrence Keith & Clara Miller Foundation
Dix Hills, NY
$2,646,772
Courtney And Victoria Buffum Family Foundation
Burlington, VT
$10,277,755
Nash Family Foundation Inc
New York, NY
$3,678,566
The Derfner Foundation
New York, NY
$13,106,656
Zichron Yechiel Mechel Foundation
Uniondale, NY
$3,434,067
Tortuga Foundation
New York, NY
$5,184,548
Charles A Dana Fdn Inc
New York, NY
$20,769,847
The V Kann Rasmussen Foundation Inc
New York, NY
$4,853,565
Asness Family Foundation
Melville, NY
$5,614,036
Griffith R Harsh Iv And Margaret Cwhitman Charitable Foundation
new york, NY
$10,234,389
Scherman Foundation Inc
New York, NY
$1,302,378
Ann Theodore Foundation
Boston, MA
$1,771,010
Chris And Carrie Shumway Foundation
New York, NY
$7,719,824
Jeffrey H And Shari L Aronsonfamily Foundation
Saratoga Springs, NY
$6,113,155
Brunckhorst Foundation
Melville, NY
$3,986,177
Edelman Fam Foundation
New York, NY
$2,963,154
Dorot Foundation
Providence, RI
$4,085,947
Josiah Macy Jr Foundation
New York, NY
$15,239,440
Mooney-Reed Charitable Foundation Tr
Concord, MA
$8,365,793
Linde Family Foundation
Boston, MA
$18,266,253
James S Mcdonnell Family Foundation Inc
Lincoln, MA
$5,066,635
Androcles Foundation Inc
Melville, NY
$5,031,772

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