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Nonprofiteer
← NAZARETH FAMILY FOUNDATION

Form 990 for tax year 2023

Filed by NAZARETH FAMILY FOUNDATION.

Totals

Total revenue
$647,288
Total expenses
$995,477
Contributions and grants received
$0
Grants paid
$966,000
Program service revenue
$0
Investment income
$647,288
Other revenue
$0
Total assets, end of year
$29,614,221
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$29,614,221
Program services expenses (Part IX)
$966,000
Management and general expenses
$29,477
Fundraising expenses
$0
Program service expenses (Part III)
$966,000

Program services were 97.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $647,288 · related or exempt $647,288

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $966,000 · program services $966,000

  • 11c · Fees: accounting

    total $2,200 · management and general $2,200

  • 11g · Fees: other

    total $26,436 · management and general $26,436

  • 12 · Advertising and promotion

    total $300 · management and general $300

  • 24a · Other expenses: OFFICE EXPENSES

    total $541 · management and general $541

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,011,931 · end of year $866,454

  • 12 · Investments: other securities

    beginning of year $25,545,904 · end of year $28,747,767

  • 27 · Net assets without donor restrictions

    beginning of year $26,557,835 · end of year $29,614,221

Mission and programs · 2023

Mission

TO PROMOTE FAMILY LIFE THROUGH FINANCIAL SUPPORT OF FACILITIES, PROGRAMS AND SERVICES WHICH ENHANCE THE QUALITY OF FAMILY LIFE, PROMOTE THE RIGHTS OF THE DISADVANTAGED, AND DENOUNCE FORMS OF INJUSTICE THAT ERODE THE INTEGRITY OF HUMAN LIFE.

Activities or mission (Part I)

RELIGIOUS, CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES

  • AS A SUPPORTING ORGANIZATION PROVIDED GRANTS TO FOURTEEN 501(C)(3) ORGANIZATIONS FOR TWENTY THREE SPECIFIC PROGRAMS AND OTHER PROJECTS OPERATED BY THESE ORGANIZATIONS

    Expenses $966,000 · Grants $966,000

As filed on the 2023 return.

Listed in Part VII

  • Mr Guy Landolfi

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sister Maureen McGarrity Csfn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sister Janice Marie Blados Csfn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sister Maria Sophia Gerlach Csfn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ms Rosemary L Corsetti

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Mr Gregory M Melvin CFA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sister Thea Krause Csfn

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Sister Cynthia Meyer Csfn

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Sister Maryann McKeogh Csfn

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Ms Deborah Fernicola

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • NAZARETH ACADEMY HIGH SCHOOL

    $220,000

    PROVIDE TUITION ASSISTANCE FOR STUDENTS. SERVED 192 STUDENTS.COMMUNITY SERVICE

  • THE COMMUNITY AT HOLY FAMILY MANOR INC

    $183,000

    BENEVOLENT FUND FOR RESIDENTS PERSONAL CARE. 13 RESIDENTS RECEIVED FINANCIAL ASSISTANCE. COMMUNITY SERVICEMEMORY UNIT PERSONAL CARE HOME. SERVES 12 PEOPLE.PRESCHOOL PLAYGROUND SAFETY UPGRADES. SERVES 90 STUDENTS.

  • HOLY FAMILY INSTITUTE

    $170,000

    NAZARETH PREP SCHOLARSHIP FUND - 10 LOW INCOME STUDENTSCOMMUNITY SERVICE

  • FAMILY SERVICES INC

    $100,000

    PROVIDE FUNDING FOR OPERATION OF SHELTER FOR HOMELESS FAMILIES. SERVING 200 PERSONS.

  • CENTER FOR COMMUNITY ACTION

    $80,000

    MINOR HOME REPAIRS.

  • NAZARETH ACADEMY GRADE SCHOOL

    $70,000

    PROVIDE TUITION ASSISTANCE TO FAMILIES. SERVED 30 STUDENTS.COMMUNITY SERVICE

  • HOLY FAMILY UNIVERSITY

    $59,500

    STUDENT COUNSELING PROGRAM. 30 STUDENTS SERVED.COMMUNITY SERVICE

  • SISTERS PLACE

    $30,000

    SUPPORT POOR AND HOMELESS FAMILIES. EDUCATIONAL PROGRAMS.

  • CATHOLIC CHARITIES INC OF ALTOONA-JOHNSTOWN

    $15,000

    EMERGENCY FINANCIAL ASSISTANCE PROGRAM. 200 INDIVIDUALS SERVED.

  • NEIGHBORHOOD RESILIENCE PROJECT

    $15,000

    HEALTHCARE FOR WORKING POOR. 94 PATIENTS SERVED

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • CSFN MISSION AND MINISTRY INC

    501 C3 · RELIGIOUS AND CHARITABLE · PA

  • SISTERS OF THE HOLY FAMILY OF NAZARETH-USAINC

    501 C3 · RELIGIOUS AND CHARITABLE · IL

Provenance

Return type
form_990
Tax year
2023
Filed
28 August 2024
IRS schema version
2023v5.1
Source object
202402609349302025

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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