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Nonprofiteer
← PATERNITI FAMILY TRUST FOUNDATION

Form 990 for tax year 2024

Filed by PATERNITI FAMILY TRUST FOUNDATION.

Totals

Total revenue
$41,542
Total expenses
$54,622
Contributions and grants received
$41,520
Grants paid
$49,429
Program service revenue
$0
Investment income
$22
Other revenue
$0
Total assets, end of year
$24,183
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$24,183
Program services expenses (Part IX)
$49,429
Management and general expenses
$5,193
Fundraising expenses
$0
Program service expenses (Part III)
$49,429

Program services were 90.5% 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.

  • 1f · All other contributions, gifts and grants

    $41,520

  • 3 · Investment income

    total $22 · excluded $22

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $49,429 · program services $49,429

  • 11b · Fees: legal

    total $600 · management and general $600

  • 11c · Fees: accounting

    total $4,583 · management and general $4,583

  • 24a · Other expenses: BANK FEES

    total $10 · management and general $10

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $37,263 · end of year $24,183

  • 27 · Net assets without donor restrictions

    beginning of year $37,263 · end of year $24,183

Mission and programs · 2024

Mission

NONE

Activities or mission (Part I)

THE PATERNITY FAMILY FOUNDATION IS DEDICATED TO ADVANCING PATIENT CARE, RESEARCH, AND EDUCATION BY PROVIDING FINANCIAL SUPPORT TO IMPACTFUL PROGRAMS AND PARTNERING CHARITIES. THROUGH STRATEGIC GIVING AND COLLABORATION, WE AIM TO EMPOWER ORGANIZATIONS THAT IMPROVE LIVES AND FOSTER LASTING COMMUNITY HEALTH AND WELLNESS.

  • BY SUPPORTING PATIENT CARE INITIATIVES, BREAKTHROUGH MEDICAL RESEARCH, AND EDUCATIONAL OUTREACH, THE FOUNDATION HAS DIRECTLY CONTRIBUTED TO IMPROVED HEALTH OUTCOMES AND EXPANDED ACCESS TO SERVICES FOR UNDERSERVED COMMUNITIES.

    Expenses $49,429 · Grants $49,429

As filed on the 2024 return.

Listed in Part VII

  • Carmelo Paterniti

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Carmen Paterniti

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Shaun Paterniti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dustin Paterniti

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Cody Paterniti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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

Provenance

Return type
form_990
Tax year
2024
Filed
4 November 2025
IRS schema version
2024v5.2
Source object
202523089349300622

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

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