Franseco A Mascaro Charitable Tr
- Assets
- $21.8m
- Revenue
- $4.6m
- Investments
- $12.3m
- Employees
- 0
- Location
- Audubon, PA
- Founding
- 07/2013
- Data as of
- 10/2023
- EIN
- 46-6449106
Organization Overview
Franseco A Mascaro Charitable Tr is located in Audubon, PA. The organization was established in 2013. 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. Franseco A Mascaro Charitable Tr 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 10/2023, Franseco A Mascaro Charitable Tr generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $1.2m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Franseco A Mascaro Charitable Tr has awarded 120 individual grants totaling $4,999,666. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pasquale Mascaro Trustee | 0 | $0 | |
Susan Mascaro Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,814,394 |
| Interest on Savings | $412,681 |
| Dividends & Interest | $391,319 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,988 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,636,382 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $63,958 |
| Total operating and administrative expenses | $83,358 |
| Contributions, gifts, grants paid | $1,102,575 |
| Total expenses and disbursements | $1,185,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,647 |
| Savings and temporary cash investments | $5,536,463 |
| 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 | $3,908,937 |
| 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 | $21,829,561 |
| 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 |
Grants Awarded
Over the last fiscal year, Franseco A Mascaro Charitable Tr has awarded $1,102,575 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
MARA PURPOSE: TO CONTINUE CHARITABLE PURPOSE OF ORGANIZATION | $5,000 |
SCRANTON PREP PURPOSE: TO CONTINUE CHARITABLE PURPOSE OF ORGANIZATION | $3,000 |
PASQUALE N MASCARO JR - DOWN SYNDROME EVENT PURPOSE: TO CONTINUE CHARITABLE PURPOSE OF ORGANIZATION | $15,000 |
MONTGOMERY THEATER PURPOSE: TO CONTINUE CHARITABLE PURPOSE OF ORGANIZATION | $2,500 |
DREW UNIVERSITY PURPOSE: TO CONTINUE CHARITABLE PURPOSE OF ORGANIZATION | $1,000 |
PHOENIXVILLE AREA POLICE ATHLETIC LEAGUE PURPOSE: TO CONTINUE CHARITABLE PURPOSE OF ORGANIZATION | $12,500 |