Piccolo Family Charitable Foundation Inc

Organization Overview

Piccolo Family Charitable Foundation Inc is located in Malden, MA. The organization was established in 2005. 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. Piccolo Family Charitable Foundation Inc 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 12/2021, Piccolo Family Charitable Foundation Inc generated $234.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $221.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Piccolo Family Charitable Foundation Inc has awarded 164 individual grants totaling $1,034,236. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO 501(C)(3) ORGANIZATIONS, MELROSE AND MALDEN CITY AGENCIES AND SCHOLARSHIPS FOR DESERVING STUDENTS


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Board, Officers & Key Employees

Name (title)Compensation
C Henry Kezer ESQ
President
$5,500
Laura L Hodgin
Treasurer
$5,500
Deborah E Gaff
Director
$2,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $7,576
Dividends & Interest $32,605
Net Rental Income$0
Net Gain on Sale of Assets $194,174
Capital Gain Net Income $194,174
Net ST Capital Gain $8,555
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $234,355

Grants Awarded

Over the last fiscal year, Piccolo Family Charitable Foundation Inc has awarded $131,500 in support to 22 organizations.

Grant RecipientAmount

THE PINE BANKS PARK FOUNDATION

Org PageRecipient Profile

Malden, MA

PURPOSE: PROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK

$32,500

MELROSE HIGH SCHOOL PERMANENT SCHOLARSHIP FUND

Org PageRecipient Profile

Melrose, MA

PURPOSE: PROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK

$31,000

MYSTIC VALLEY ELDER SERVICES INC

Org PageRecipient Profile

Malden, MA

PURPOSE: PROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK

$7,500

MALDEN OVERCOMING ADDICTION

PURPOSE: PROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK

$6,500

TAILORED FOR SUCCESS

Org PageRecipient Profile

Malden, MA

PURPOSE: PROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK

$5,500

MALDEN CATHOLIC HIGH SCHOOL

PURPOSE: PROVIDE FUNDS TO SUPPORT THE ENTITY'S CHARITABLE WORK

$5,000
View Grant Profile

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