Ciccolo Family Foundation Inc

Organization Overview

Ciccolo Family Foundation Inc is located in Boston, MA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ciccolo Family 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, Ciccolo Family Foundation Inc generated $318.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $324.8k during the year ending 12/2021. While expenses have increased by 5.0% 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.

Since 2014, Ciccolo Family Foundation Inc has awarded 318 individual grants totaling $1,387,718. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

THE FOUNDATION MAKES CHARITABLE CONTRIBUTIONS TO VARIOUS QUALIFIED CHARITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Raymond J Ciccolo
President/treasurer
$0
Peter E Mullane
Clerk
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $228,000
Interest on Savings $0
Dividends & Interest $6,993
Net Rental Income$0
Net Gain on Sale of Assets $83,177
Capital Gain Net Income $83,177
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $318,170

Grants Awarded

Over the last fiscal year, Ciccolo Family Foundation Inc has awarded $310,000 in support to 54 organizations.

Grant RecipientAmount

NORTHEASTERN UNIVERSITY

Org PageRecipient Profile

Boston, MA

PURPOSE: GENERAL, EDUCATIONAL AND CHARITABLE PURPOSES

$30,000

METCO COLLEGE SCHOLARSHIP FUND OF LEXINGTON

Org PageRecipient Profile

Lexington, MA

PURPOSE: GENERAL, EDUCATIONAL AND CHARITABLE PURPOSES

$20,000

MASSACHUSETTS GENERAL HOSPITAL PRIMARY CARE TRANSFORMATION FUND

PURPOSE: GENERAL, EDUCATIONAL AND CHARITABLE PURPOSES

$20,000

GLOBAL SMILE FOUNDATION

PURPOSE: GENERAL, EDUCATIONAL AND CHARITABLE PURPOSES

$20,000

SUFFOLK UNIVERSITY

Org PageRecipient Profile

Boston, MA

PURPOSE: GENERAL, EDUCATIONAL AND CHARITABLE PURPOSES

$20,000

MASSACHUSETTS GENERAL HOSPITAL CARDIOVASCULAR RESEARCH CENTER

PURPOSE: GENERAL, EDUCATIONAL AND CHARITABLE PURPOSES

$20,000
View Grant Profile

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