Demello Charitable Foundation

NEW BEDFORD, MA EIN: 04-6877549

Demello Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW BEDFORD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 1 grants totaling $27K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$68K

+20.1% YoY

Annual Giving

$27K

-45.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$27K

-45.2% YoY

Under IRS private-foundation payout rules, Demello Charitable Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About Demello Charitable Foundation

Based on IRS filings

Demello Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW BEDFORD, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 1 grants totaling $27K. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

CambridgeEast FreetownNew BedfordNorth DartmouthWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$29K$43K$57K20202021202220232024
Metric202420232022
Total Assets$68,147$56,740$52,837
Revenue$37,661$51,307$11,637
Expenses$28,609$51,053$12,120
Qualifying Distributions$27,400$50,000$11,000
Net Investment Income$2,078$719$1,046
Distributable Amount$3,874$2,759$2,649

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$25K$38K$51K3 grants20200 grants20212 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

UMASS DARTMOUTH$27K

Grant Size Distribution

7 grants across all recorded years

6<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Umass Dartmouth ($27,400).

RecipientPurposeAmount
UMASS DARTMOUTH NORTH DARTMOUTH, MABRIDGING THE ATLANTIC PROJECT-PROMOTE ACADEMIC AND CULTURAL EXCHANGE IN NURSING FIELD$27,400

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ALAN RIENDEAUTRUSTEE
JANICE ALMEIDATRUSTEE
MICHAEL J MCGLONETRUSTEE
DEREK ALMEIDATRUSTEE
MICHEL FERNANDESTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Demello Charitable Foundation?

Demello Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW BEDFORD, MA. It holds $68K in total assets as of 2024.

How large is Demello Charitable Foundation?

As of 2024, Demello Charitable Foundation holds $68K in total assets with $38K in annual revenue. It awarded 1 grants totaling $27K in 2024.

Where does Demello Charitable Foundation operate?

Demello Charitable Foundation has awarded grants in Massachusetts.

What size grants does Demello Charitable Foundation award?

In 2024, Demello Charitable Foundation awarded 1 grants totaling $27K — an average of about $27K per grant, based on its IRS Form 990 filings.

How much is Demello Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Demello Charitable Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Demello Charitable Foundation's EIN?

Demello Charitable Foundation's EIN (Employer Identification Number) is 04-6877549. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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