Maria and Frank Loverde Foundation
Maria and Frank Loverde Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $57K in total assets. In 2024, it awarded 7 grants totaling $57K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$57K
+5.1% YoY
Annual Giving
$57K
+26.7% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$8K
+8.6% YoY
About Maria and Frank Loverde Foundation
Based on IRS filings
Maria and Frank Loverde Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $57K in total assets. In 2024, it awarded 7 grants totaling $57K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $56,772 | $54,017 | $45,192 |
| Revenue | $70,000 | $65,000 | $60,000 |
| Expenses | $67,245 | $56,175 | $49,535 |
| Qualifying Distributions | $57,000 | $45,000 | $41,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VICTORIA ALMEIDA | Pres/Sec/Dir | 3 | $4,000 |
| IVANO BACCHETTA | Director | 0.25 | $2,000 |
| MARIA S LOVERDE | Director | 0.25 | — |
| PATRICIA ALMEIDA-BROWN | Treas/VP/Dir | 2.5 | $3,000 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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