Massarelli Charitable Foundation
Massarelli Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in METTAWA, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 13 grants totaling $96K. Net investment income was $77K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
+8.5% YoY
Annual Giving
$96K
+0.0% YoY
Grant Count
13
+18.2% YoY
Avg Grant Size
$7K
-15.4% YoY
About Massarelli Charitable Foundation
Based on IRS filings
Massarelli Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in METTAWA, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 13 grants totaling $96K. Net investment income was $77K.
Focus Areas
Ready to take the next step with Massarelli Charitable Foundation?
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 | $2,106,750 | $1,941,663 | $1,752,771 |
| Revenue | $94,906 | $47,583 | $71,580 |
| Expenses | $117,890 | $112,338 | $109,853 |
| Qualifying Distributions | $96,000 | $96,000 | $91,000 |
| Net Investment Income | $76,683 | $37,663 | $39,168 |
| Distributable Amount | $71,113 | $69,690 | $61,086 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
55 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 |
|---|---|---|---|
| MICHAEL R MASSARELLI | DIRECTOR | — | — |
| JOHN P MASSARELLI | SECRETARY | — | — |
| JOSEPH M MASSARELLI | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Fostering Success
WAYNE, IL
Assets
$38K
Grants
1
Total Given
$2K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Massarelli Charitable Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities