Turano Foundation

Organization Overview

Turano Foundation is located in Berwyn, IL. The organization was established in 1998. 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. Turano 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 12/2022, Turano Foundation generated $528.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $260.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Turano Foundation has awarded 370 individual grants totaling $1,341,600. 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

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATIONS TO CHARITABLE ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Lisa Turano Solano
President/se
$0
William Carlson
Director
$0
Maria Cosentino
Director
$0
Robert Lewis
Director
$0
Salvatore Scambiatterra
Director
$0
Angelina Sorrentino
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $500,000
Interest on Savings $28,637
Dividends & Interest $0
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 $528,637

Grants Awarded

Over the last fiscal year, Turano Foundation has awarded $256,784 in support to 66 organizations.

Grant RecipientAmount

BLESSINGS IN A BACKPACK

PURPOSE: CHARITY

$3,500

CASA ITALIA

PURPOSE: CHARITY

$5,000

CESARE BATTISTI LODGE 27

PURPOSE: CHARITY

$2,500

CATHOLIC CHARITIES

PURPOSE: CHARITY

$2,500

CHICAGO KENT COLLEGE OF LAW

PURPOSE: CHARITY

$10,000

CHRISTIAN BROTHERS OF THE

PURPOSE: CHARITY

$3,500
View Grant Profile

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