Holy Family Foundation
- Assets
- $14.4m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 25-1688439
Organization Overview
Holy Family Foundation is located in Pittsburgh, PA. The organization was established in 1946. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Holy Family 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 06/2021, Holy Family Foundation generated $6.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $3.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Holy Family Foundation has awarded 16 individual grants totaling $24,031,377. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOLY FAMILY FOUNDATION (HFF) SUPPORTS CHILDREN AND FAMILIES THROUGH FUNDRAISING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO NAZARETH PREP$1,480,177 FOR PROGRAM ENHANCEMENTS. HFF PROVIDED FUNDS TO SUPPORT PROGRAMS OF NAZARETH PREP THAT DEMONSTRATED SPECIFIC NEEDS.
GRANTS TO HOLY FAMILY INSTITUTE$1,832,193 FOR PROGRAM ENHANCEMENTS. HFF PROVIDED FUNDS TO SUPPORT PROGRAMS OF HFI THAT DEMONSTRATED SPECIFIC NEEDS. HFF SOLICITS RESTRICTED AND UNRESTRICTED CONTRIBUTIONS FROM CORPORATIONS, FOUNDATIONS, INDIVIDUALS AND OTHER SOURCES. HFF ALSO RESPONDS TO NEW PROGRAM AND SERVICE OPPORTUNITIES BY WRITING PROPOSALS AND REPORTS TO SECURE GOVERNMENT-FUNDED CONTRACTS. HFF ACCEPTS AND DISTRIBUTES EDUCATIONAL IMPROVEMENT TAX CREDITS. HFF GRANTED TO NAZARETH PREP SCHOLARSHIPS FROM TAX CREDITS AND PRIVATE GIFTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles C Casalnova Vice Chair | OfficerTrustee | 1 | $0 |
James R Haggerty Treasurer | OfficerTrustee | 1 | $0 |
Sister Linda Yankoski Csfn Edd President/ceo | OfficerTrustee | 40 | $0 |
Morgan O'brien Chair | OfficerTrustee | 1 | $0 |
Elisa J Cavalier Secretary | OfficerTrustee | 1 | $0 |
Mark Palastro CFO | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $46,447 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,520,357 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,566,804 |
| Total Program Service Revenue | $0 |
| Investment income | $828,482 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,282 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,421,287 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,312,370 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,237 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,290 |
| Payroll taxes | $2,941 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $15,352 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,115 |
| Fees for services: Other | $334 |
| Advertising and promotion | $0 |
| Office expenses | $68 |
| Information technology | $498 |
| Royalties | $0 |
| Occupancy | $47 |
| Travel | $59 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $851 |
| Interest | $2,145 |
| Payments to affiliates | $5,367 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,503,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,567,576 |
| Pledges and grants receivable | $3,807,959 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,145 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,958,909 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $81,821 |
| Total assets | $14,424,410 |
| Accounts payable and accrued expenses | $44,102 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,229,711 |
| Total liabilities | $1,273,813 |
| Net assets without donor restrictions | $9,274,465 |
| Net assets with donor restrictions | $3,876,132 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,424,410 |
Grants Awarded
Over the last fiscal year, Holy Family Foundation has awarded $3,312,370 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Pittsburgh, PA PURPOSE: PROGRAM SUPPORT | $1,832,193 |
Pittsburgh, PA PURPOSE: PROGRAM SUPPORT | $1,480,177 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Holy Family Foundation has recieved totaling $280,219.
| Awarding Organization | Amount |
|---|---|
John H Pelusi Jr And Kathleen J Pelusi Family Foundation Pittsburgh, PA PURPOSE: SPIRITUAL DEVELOPMENT PROGRAM, CAREER COACHING, ART STUDIO FOR YOUTH IN NEED, AND HARDSHIP FUND | $175,000 |
Pittsburgh Foundation Pittsburgh, PA PURPOSE: HUMAN SERVICES | $58,000 |
The United Way Of Southwestern Pennsylvania Pittsburgh, PA PURPOSE: DONOR DESIGNATION PR | $42,719 |
Trixie Puff Foundation Detroit, MI PURPOSE: FUNDS TO FAMILIES IN NEED | $2,000 |
Robert A & Christine J Pietrandrea Charitable Foundation Wexford, PA PURPOSE: TO PROVIDE SUPPORT FOR STUDENTS AT NAZARETH PREP | $1,500 |
Edwin And Kathryn Clarke Family Foundation Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $7,928,855 |
| Earnings | $1,295,570 |
| Net Contributions | $1,132,558 |
| Grants | $2,428,127 |
| Ending Balance | $7,928,856 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |
Chayim Vchesed Inc Brooklyn, NY | $4,624,709 | $20,578,750 |
Word Among Us Inc Frederick, MD | $22,622,798 | $15,315,908 |
Church Of God Home Inc Carlisle, PA | $19,131,303 | $10,297,438 |
Back 2 Back Ministries Inc Mason, OH | $16,341,723 | $15,736,396 |
Sat-7 North America Easton, MD | $8,795,990 | $14,809,049 |
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |