Rocco A And Mary Abessinio Foundation Inc

Organization Overview

Rocco A And Mary Abessinio Foundation Inc is located in Concordville, PA. The organization was established in 2002. 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. Rocco A And Mary Abessinio 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 12/2022, Rocco A And Mary Abessinio Foundation Inc generated $32.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $128.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Rocco A And Mary Abessinio Foundation Inc has awarded 58 individual grants totaling $13,054,636. 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)Compensation
Rocco A Abessinio
Director
$0
Mary F Abessinio
Director
$0
Mary D Cool
Director
$0
Peter G Abessinio
Director
$0
Vincent T Abessinio
Director
$0
Joanne F Fabrizio
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $32,000,000
Interest on Savings $0
Dividends & Interest $514,780
Net Rental Income$0
Net Gain on Sale of Assets $7,939
Capital Gain Net Income $7,939
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $32,522,719

Grants Awarded

Over the last fiscal year, Rocco A And Mary Abessinio Foundation Inc has awarded $1,225,315 in support to 17 organizations.

Grant RecipientAmount

ARCHMERE ACADEMY

PURPOSE: SCHOLARSHIP FINANCIAL ASSISTANCE

$100,000

ASSUMPTION ACADEMY

PURPOSE: TO HELP FUND THE ORGANIZATION'S OPERATING BUDGET.

$250

CATHOLIC ACTION FOR FAITH AND FAMILY

PURPOSE: DENY HOLY COMMUNION? PHASE I PROGRAM

$25,000

CATHOLIC CHARITIES INC

PURPOSE: TO HELP FUND THE ORGANIZATION'S OPERATING BUDGET.

$10,000

FILITALIA FOUNDATION

PURPOSE: TO HELP FUND THE ORGANIZATION'S OPERATING BUDGET.

$500

JUNIOR BOARD OF CHRISTIANA CARE INC

PURPOSE: NURSING INNOVATION 2022 PROGRAM

$500
View Grant Profile

Peer Organizations

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Robertson Foundation
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J E Barbey 8 Tenacre Foundation
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Johnson & Johnson Foundation United States Inc
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$26,965,810
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-$29,391,565
Blavatnik Family Foundation 2020
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$14,146
William Randolph Hearst Foundation
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$78,532,237
Davis Family Foundation
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$64,475,559
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$92,432,116
Overdeck Family Foundation
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$35,284,395
Surdna Foundation Inc
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$50,900,057
Gray Foundation
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$64,021,931
Maguire Foundation
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$44,719,997
Tl Foundation
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$24,643,909
Park Foundation Inc
Ithaca, NY
$14,200,366
The Nathan Cummings Foundation Inc
New York, NY
$724,216
Deerbrook Charitable Tr
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$14,170
Donald A Pels Charitable Tr 081892
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$19,080,873
Mabel Pew Myrin Trust
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$54,766,872

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