Monteleone Family Foundation
- Assets
- $2.4m
- Revenue
- $54.2k
- Investments
- $1.9m
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 12/2002
- Data as of
- 12/2023
- EIN
- 82-0569392
Organization Overview
Monteleone Family Foundation is located in New Orleans, LA. 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. Monteleone 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 12/2023, Monteleone Family Foundation generated $54.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $172.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Monteleone Family Foundation has awarded 26 individual grants totaling $423,815. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William A Monteleone III President | 0 | $0 | |
Anne Monteleone Burr Director | 0 | $0 | |
David Monteleone Director | 0 | $0 | |
Charles Lacinak Jr Sect Treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,445 |
| Dividends & Interest | $66,623 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$19,843 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,225 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $690 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $185 |
| Total operating and administrative expenses | $875 |
| Contributions, gifts, grants paid | $171,315 |
| Total expenses and disbursements | $172,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $448,503 |
| 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 | $541,641 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $706 |
| Total assets | $2,357,089 |
| 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, Monteleone Family Foundation has awarded $171,315 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
THE 18TH WARD PURPOSE: GENERAL SUPPORT | $50,000 |
UNITED WAY OF GREATER NEW ORLEAN PURPOSE: GENERAL SUPPORT | $10,000 |
PRO BONO PUBLICO FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
COPS 8 PURPOSE: GENERAL SUPPORT | $10,000 |
RIVER OAKS BAPTIST SCHOOL PURPOSE: GENERAL SUPPORT | $41,315 |
NEW ORLEANS POLICE AND JUSTICE FOUN PURPOSE: GENERAL SUPPORT | $50,000 |