The Melchiorre Family Charitable Foundation Inc is located in Wilmington, DE. The organization was established in 2019. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Melchiorre 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, Melchiorre Family Charitable Foundation Inc generated $722.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (48.2%) each year. All expenses for the organization totaled $179.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Melchiorre Family Charitable Foundation Inc has awarded 24 individual grants totaling $285,000. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nicole D Melchiorre Dir, VP | 1 | $0 | |
Paul L Melchiorre Dir, Pres | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $291,593 |
Interest on Savings | $190 |
Dividends & Interest | $122,233 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $308,742 |
Capital Gain Net Income | $308,742 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $722,758 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $4,261 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $15,229 |
Total operating and administrative expenses | $44,474 |
Contributions, gifts, grants paid | $135,000 |
Total expenses and disbursements | $179,474 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $235,030 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $5,531,760 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, The Melchiorre Family Charitable Foundation Inc has awarded $135,000 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
Philadelphia, PA PURPOSE: ENDOWED GRACE FUND | $50,000 |
Philadelphia, PA PURPOSE: GOALS & ASSISTS COLLEGE SCHOLARSHIP PROGRAM AT VILLANOVA UNIVERSITY | $20,000 |
THE CHILDRENS HOSPITAL OF PHILADELPHIA FOUNDATION PURPOSE: ASTHMA COMMUNITY PROGRAM | $15,000 |
Villanova, PA PURPOSE: PHILLY FUTURES PARTNERSHIP ENDOWED FUND | $10,000 |
DREXEL UNIVERSITY PURPOSE: CHARITABLE EVENT | $10,000 |
DREXEL UNIVERSITY PURPOSE: PAUL L MELCHIORRE SCHOLARSHIP FUND | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Longwood Gardens Inc Kennett Square, PA | $1,437,882,296 | $93,650,257 |
Longwood Foundation Inc Wilmington, DE | $0 | $53,076,926 |
The Comcast Nbcuniversal Foundation Philadelphia, PA | $16,720,236 | $25,679,760 |
Sherman Fairchild Foundation Inc Chevy Chase, MD | $608,781,139 | $70,437,193 |
Verizon Foundation Basking Ridge, NJ | $26,429,657 | $21,584,016 |
Nsn Foundation Inc Roseland, NJ | $55,407,565 | $72,760,212 |
Arconic Charitable Foundation Pittsburgh, PA | $0 | $10,360,918 |
Zimmer Family Foundation Inc Saddle River, NJ | $21,093,817 | $10,817,000 |
Molina Healthcare Charitable Foundation Wilmington, DE | $6,023,085 | $109,085 |
David R & Patricia D Atkinson Foundation Princeton, NJ | $114,019,131 | $20,460,455 |
Alcoa Foundation Pittsburgh, PA | $146,938,296 | $5,082,676 |
Workday Foundation Wilmington, DE | $43,827,189 | $3,435,808 |