John T Paolella Family Charitable Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 853121152 ✦ Burr ridge, IL ✦ Designated as a 501(c)(3)

Overview

What is John T Paolella Family Charitable Foundation?

The John T Paolella Family Charitable Foundation is a philanthropic entity, situated in Burr Ridge, Illinois. Its primary mission is to offer aid and contribute funds to various charitable organizations, as well as those that are scientific, educational, or serve other noble purposes. This is in line with the guidelines set forth in IRS Code Section 501(c)(3). In addition to this, the foundation extends its benevolence towards assisting children, veterans, and the elderly, demonstrating a wide-ranging commitment to supporting diverse communities.


Is John T Paolella Family Charitable Foundation legitimate?

John T Paolella Family Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. John T Paolella Family Charitable Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of John T Paolella Family Charitable Foundation?
Who is the CEO of John T Paolella Family Charitable Foundation?
What is the revenue of John T Paolella Family Charitable Foundation?
Who are the executives of John T Paolella Family Charitable Foundation and what are their salaries?
Where can I find the form 990 for John T Paolella Family Charitable Foundation?

Mission Statement of John T Paolella Family Charitable Foundation

The John T Paolella Family Charitable Foundation is dedicated to offering aid and support to various vulnerable populations. Its primary mission is to extend assistance to children, veterans, and the elderly. Beyond this, the foundation also extends grants to a diverse array of charitable, scientific, educational, or other organizations that fall under the 501(c)(3) category of the Internal Revenue Code. By doing so, the foundation seeks to contribute to the betterment of society in multiple capacities.

Impact

This information is meant to be a general summary of John T Paolella Family Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The John T Paolella Family Charitable Foundation aims to provide assistance to children, veterans, and the elderly, as well as make grants to other charitable, scientific, educational, or other organizations described in code section 501(c)(3). This foundation was organized in October 2020 and received its determination letter on March 15, 2021. While no activity was incurred during 2020 and 2021, the foundation's impact is expected to be significant once it becomes fully operational in fulfilling its mission of supporting those in need and contributing to various charitable causes.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,194
  • Program Service Revenue: $0
  • Gross Receipts: $908,194

    • Assets and Liabilities:
  • Total Assets: $918,694
  • Total Liabilities: $5,000
  • Net Assets: $913,694
  • Organization Details

    Founding Year

    2020

    Principal Officer

    John Paolella

    Main Address

    C/O JPaolella 6130 Elm Street, Burr Ridge, IL, 60527

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of John T Paolella Family Charitable Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.