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
Among its reported 2024 grants, the largest include Holy Name Cathedral ($15,000), St Peter's Church ($10,000), Assumption Church ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOLY NAME CATHEDRAL CHICAGO, IL | DONATION | $15,000 |
| ST PETER'S CHURCH CHICAGO, IL | DONATION | $10,000 |
| REDEMPTORIST DENVER PROVST MICHAEL CHICAGO, IL | DONATION | $8,000 |
| ASSUMPTION CHURCH CHICAGO, IL | DONATION | $10,000 |
| ST MARTHA'S SHRINE OF ALL SAINTS MORTON GROVE, IL | DONATION | $3,000 |
| LITTLE FLOWER CATHOLIC CHURCH HOLLYWOOD, FL | DONATION | $8,000 |
| MISSION OF OUR LADY OF ANGELS CHICAGO, IL | DONATION | $3,000 |
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
Frequently Asked Questions
What is Maria and Frank Loverde Foundation?
Maria and Frank Loverde Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $57K in total assets as of 2024.
How large is Maria and Frank Loverde Foundation?
As of 2024, Maria and Frank Loverde Foundation holds $57K in total assets with $70K in annual revenue. It awarded 7 grants totaling $57K in 2024.
Where does Maria and Frank Loverde Foundation operate?
Maria and Frank Loverde Foundation has awarded grants in Florida, Illinois.
What size grants does Maria and Frank Loverde Foundation award?
In 2024, Maria and Frank Loverde Foundation awarded 7 grants totaling $57K — an average of about $8K per grant, based on its IRS Form 990 filings.
What is Maria and Frank Loverde Foundation's EIN?
Maria and Frank Loverde Foundation's EIN (Employer Identification Number) is 81-3538786. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Maria and Frank Loverde Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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