Joseph E and Caroline B Vella Foundation

MOBILE, AL EIN: 47-4163832

Joseph E and Caroline B Vella Foundation is a nonprofit organization, based in MOBILE, AL. IRS filing data is available for 2020. As of 2020, the organization holds $4.5M in total assets. In 2020, it awarded 11 grants totaling $52K.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

$4.5M

Annual Giving

$52K

Grant Count

11

Avg Grant Size

$5K

About Joseph E and Caroline B Vella Foundation

Based on IRS filings

Joseph E and Caroline B Vella Foundation is a nonprofit organization, based in MOBILE, AL. IRS filing data is available for 2020. As of 2020, the organization holds $4.5M in total assets. In 2020, it awarded 11 grants totaling $52K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

DaphneFairhopeMobileMontgomery

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$137K$273K$410K$547K2020
Metric2020
Total Assets$4,547,140
Revenue$496,837
Expenses$406,252
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$26K$39K$52K11 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2020

St Ignatius Catholic Chu…$26KSt Michael Catholic Church$15KSt Mary's Home$3KMobile Carnival Associat…$3KChrist the King$3KMobile Bar Foundation$500Lifeteen$500Sacred Heart Retreat$500Cathederal of Immaculate…$300Alabama Forestry Commiss…$165

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include St Ignatius Catholic Church ($26,000), St Michael Catholic Church ($15,100), St Mary's Home ($3,000).

RecipientPurposeAmount
Friends of Magnolia Cemetery Mobile, ALSupportHistoricCemetery$35
Mobile Bar Foundation Mobile, ALPromoteLegalSystem$500
St Ignatius Catholic Church Mobile, ALSupportCatholicParish$26,000
St Mary's Home Mobile, ALSupportChildren'sHome$3,000
Christ the King Daphne, ALSupportCatholicParish$2,550
Lifeteen Mobile, ALSupport ofCatholicYouth Ministry$500
St Michael Catholic Church Fairhope, ALSupport ofCatholicHigh School$15,100
Mobile Carnival Association Mobile, ALSupport LocalMardi GrasOrganization$3,000
Cathederal of Immaculate Conception Mobile, ALSupport LocalCatholic Church$300
Sacred Heart Retreat Mobile, ALSupport LocalCatholic SpiritualityCenter$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

J Michael Druhan JrTrustee$89KJ M Druhan IIIAsset Manager$43K

From 2020 filing

NameTitleHoursCompensation
J Michael Druhan JrTrustee15$88,970
J M Druhan IIIAsset Manager8$43,330

Frequently Asked Questions

How large is Joseph E and Caroline B Vella Foundation?

As of 2020, Joseph E and Caroline B Vella Foundation holds $4.5M in total assets with $497K in annual revenue. It awarded 11 grants totaling $52K in 2020.

Where does Joseph E and Caroline B Vella Foundation operate?

Joseph E and Caroline B Vella Foundation has awarded grants in Alabama.

What size grants does Joseph E and Caroline B Vella Foundation award?

In 2020, Joseph E and Caroline B Vella Foundation awarded 11 grants totaling $52K — an average of about $5K per grant, based on its IRS Form 990 filings.

What is Joseph E and Caroline B Vella Foundation's EIN?

Joseph E and Caroline B Vella Foundation's EIN (Employer Identification Number) is 47-4163832. IRS Form 990 filing data is available on this page for 2020.

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

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