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← MARY CARIOLA FOUNDATION INC

Form 990 for tax year 2024

Filed by MARY CARIOLA FOUNDATION INC.

Totals

Total revenue
$2,690,446
Total expenses
$972,446
Contributions and grants received
$2,187,141
Grants paid
$0
Program service revenue
$0
Investment income
$475,621
Other revenue
$27,684
Total assets, end of year
$13,937,240
Total liabilities, end of year
$563,463
Net assets or fund balances, end of year
$13,373,777
Program services expenses (Part IX)
$0
Management and general expenses
$90,429
Fundraising expenses
$882,017
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 1c · Fundraising events

    $140,450

  • 1f · All other contributions, gifts and grants

    $2,046,691

  • 1g · Noncash contributions included above

    $550,905

  • 3 · Investment income

    total $316,413 · excluded $316,413

  • 7a · Gross sales of assets other than inventory

    securities $1,938,806

  • 7b · Less cost or other basis and sales expenses

    securities $1,779,598

  • 7c · Gain or loss

    securities $159,208

  • 7d · Net gain or loss

    total $159,208 · excluded $159,208

  • 8a · Fundraising events: gross income

    $38,145

  • 8a · Fundraising events: contributions included on line 1c

    $140,450

  • 8b · Fundraising events: direct expenses

    $38,145

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: OTHER REVENUE

    total $27,684 · related or exempt $27,684

  • 11e · Other revenue, total

    $27,684

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $555,677 · fundraising $555,677

  • 11b · Fees: legal

    total $2,914 · fundraising $2,914

  • 11c · Fees: accounting

    total $7,050 · fundraising $7,050

  • 11g · Fees: other

    total $201,915 · management and general $90,429 · fundraising $111,486

  • 12 · Advertising and promotion

    total $25,167 · fundraising $25,167

  • 13 · Office expenses

    total $19,312 · fundraising $19,312

  • 16 · Occupancy

    total $14,223 · fundraising $14,223

  • 17 · Travel

    total $282 · fundraising $282

  • 19 · Conferences, conventions and meetings

    total $850 · fundraising $850

  • 20 · Interest

    total $88 · fundraising $88

  • 23 · Insurance

    total $168 · fundraising $168

  • 24a · Other expenses: AGENCY ADVANCEMENT & SP

    total $85,146 · fundraising $85,146

  • 24b · Other expenses: STAFF DEVELOPMENT

    total $32,867 · fundraising $32,867

  • 24c · Other expenses: SUPPLIES AND MATERIALS

    total $19,447 · fundraising $19,447

  • 24d · Other expenses: FOOD

    total $2,875 · fundraising $2,875

  • 24e · All other expenses

    total $4,465 · fundraising $4,465

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $865,446 · end of year $3,305,494

  • 3 · Pledges and grants receivable

    beginning of year $200,067 · end of year $170,508

  • 11 · Investments: publicly traded securities

    beginning of year $8,628,384 · end of year $10,461,238

  • 19 · Deferred revenue

    beginning of year $21,235 · end of year $31,856

  • 25 · Other liabilities

    beginning of year $333,499 · end of year $531,607

  • 27 · Net assets without donor restrictions

    beginning of year $3,606,769 · end of year $6,867,188

  • 28 · Net assets with donor restrictions

    beginning of year $5,732,394 · end of year $6,506,589

Mission and programs · 2024

Mission

THE FOUNDATION WAS FORMED TO SOLICIT, COLLECT, AND INVEST FUNDS ON BEHALF OF THE MARY CARIOLA CHILDREN'S CENTER, INC. (THE CENTER). MARY CARIOLA CHILDREN'S CENTER IS THE REGIONAL LEADER IN PERSONALIZED, INTERDISCIPLINARY, EVIDENCE-BASED EDUCATION AND LIFE SKILL SOLUTIONS THAT INSPIRE AND EMPOWER INDIVIDUALS WITH COMPLEX DISABILITIES AND THEIR FAMILIES. MARY CARIOLA CHILDREN'S CENTER SETS THE STANDARD IN CLINICAL SERVICES FOR CHILDREN WITH DEVELOPMENTAL DISABILITIES, DELAYS AND COMPLEX OR MULTIPLE DISABILITIES. MARY CARIOLA CHILDREN'S CENTER IS DEDICATED TO EXCELLENCE IN FAMILY-CENTERED EDUCATIONAL, RESIDENTIAL, THERAPEUTIC AND COMMUNITY SUPPORT. AS AN INDEPENDENT, NOT-FOR-PROFIT AGENCY, MARY CARIOLA CHILDREN'S CENTER HAS THREE CAMPUSES AS WELL AS SIX RESIDENCES IN THE ROCHESTER, NY REGION SERVING NEARLY 500 STUDENTS AND 50 RESIDENTS.

Activities or mission (Part I)

THE FOUNDATION WAS FORMED TO SOLICIT, COLLECT, AND INVEST FUNDS ON BEHALF OF THE MARY CARIOLA CHILDREN'S CENTER, INC. (THE CENTER).

  • RAISE FUNDS TO SUPPLEMENT SERVICE DELIVERY NOT FULLY REIMBURSED BY GOVERNMENT FUND. ENSURE THE CENTER'S FINANCIAL FUTURE AND THAT THE INDIVIDUALS SUPPORTED WILL CONTINUE TO LEAD FULFILLING LIVES FOR GENERATIONS TO COME, AND BUILD UPON STRONG SUPPORT FROM THE COMMUNITY.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jan August

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tim Fournier

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tom Hildebrandt

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Will Mack

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Mark Siewert

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mary Whittier

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Wayne Holly

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Linda Miller Ex-Officio

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Karen Zandi Ex-Officio

    BOARD MEMBER

    Total calculated
    $213,915
    From this org
    $0
    From related orgs
    $203,077
    Other
    $10,838
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $188,077 related
    Bonus
    $0
    Other
    $0 + $15,000 related
    Deferred
    $0 + $4,152 related
    Nontaxable benefits
    $0 + $6,686 related
    Filer's total
    $0 + $213,915 related

  • Jeffrey Davis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joe Tobin

    BOARD MEMBER AND CHAIR, AGENCY ADVANCEMENT

    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
19 January 2026
IRS schema version
2024v5.5
Source object
202640199349300609

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