Nl Caruso Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $231K in total assets. In 2024, it awarded 11 grants totaling $18K. Net investment income was $14K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$231K
-1.3% YoY
Annual Giving
$18K
-4.4% YoY
Grant Count
11
+120.0% YoY
Avg Grant Size
$2K
-56.5% YoY
Under IRS private-foundation payout rules, Nl Caruso Family Foundation Inc reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
About Nl Caruso Family Foundation Inc
Based on IRS filings
Nl Caruso Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $231K in total assets. In 2024, it awarded 11 grants totaling $18K. Net investment income was $14K.
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 | $231,157 | $234,180 | $243,994 |
| Revenue | $16,997 | $8,683 | $16,326 |
| Expenses | $20,020 | $18,497 | $19,211 |
| Qualifying Distributions | $17,500 | $18,300 | $18,070 |
| Net Investment Income | $14,477 | $8,486 | $14,185 |
| Distributable Amount | $18,401 | $17,394 | $18,330 |
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
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Colgate University ($5,000), In My Father's Kitchen ($2,500), Transfiguration Monastery ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| COLGATE UNIVERSITY HAMILTON, NY | SUPPORT FOR EDUCATION. | $5,000 |
| ST LEONARD CHURCH BOSTON, MA | TO SUPPORT RELIGIOUS ORGANIZATION. | $1,000 |
| IN MY FATHER'S KITCHEN SYRACUSE, NY | TO SUPPORT RELIGIOUS ORGANIZATION. | $2,500 |
| MGH BOSTON, MA | TO SUPPORT RELIGIOUS ORGANIZATION. | $1,000 |
| FRIENDS OF THE ELIOT SCHOOL BOSTON, MA | SUPPORT FOR EDUCATION. | $1,500 |
| GLOBAL GIVING WASHINGTON, DC | TO SUPPORT CROWDFUNDING FOR GRASSROOTS CHARITABLE PROJECTS. | $500 |
| TRANSFIGURATION MONASTERY WINDSOR, NY | TO SUPPORT RELIGIOUS ORGANIZATION. | $2,500 |
| DANIEL G HOLLAND SCHOLARSHIP FUND CHESTNUT HILL, MA | TO SUPPORT EDUCATION. | $1,000 |
| US YOUTH SOCCER FRISCO, TX | TO SUPPORT WELLBEING THROUGH SPORT. | $500 |
| THE LORETTO FOUNDATION SYRACUSE, NY | TO SUPPORT LONG TERM CARE. | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEONARDO CARUSO | Treasurer | 0.5 | — |
| LAURENCE CARUSO | Director | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nl Caruso Family Foundation Inc?
Nl Caruso Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $231K in total assets as of 2024.
How large is Nl Caruso Family Foundation Inc?
As of 2024, Nl Caruso Family Foundation Inc holds $231K in total assets with $17K in annual revenue. It awarded 11 grants totaling $18K in 2024.
Where does Nl Caruso Family Foundation Inc operate?
Nl Caruso Family Foundation Inc has awarded grants in District of Columbia, Kentucky, Massachusetts, Nebraska, New York, Texas.
What size grants does Nl Caruso Family Foundation Inc award?
In 2024, Nl Caruso Family Foundation Inc awarded 11 grants totaling $18K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Nl Caruso Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nl Caruso Family Foundation Inc reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nl Caruso Family Foundation Inc's EIN?
Nl Caruso Family Foundation Inc's EIN (Employer Identification Number) is 27-2618379. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Nl Caruso Family Foundation Inc'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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