Paul and Norma Facella Memorial

Private foundation · Grantmaker Malden, MA EIN: 47-2827581

Paul and Norma Facella Memorial is a private foundation, based in Malden, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $8.2M in total assets. In 2025, it awarded 1 grant totaling $264K. Net investment income was $368K.

Key facts about Paul and Norma Facella Memorial

In short: Paul and Norma Facella Memorial gave $264K across 1 grant in 2025 (avg $264K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
47-2827581
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$263,600
Grants made (2025)
1
Average grant
$263,600
Median grant
$263,600
Total assets
$8,197,502
Primary geography
Massachusetts (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$8.2M

+9.0% YoY

Annual Giving

$264K

-3.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$264K

-3.1% YoY

Under IRS private-foundation payout rules, Paul and Norma Facella Memorial reported a distributable amount of $378K for 2025 — the minimum it must pay out in qualifying distributions.

How Paul and Norma Facella Memorial gives

  • Giving held roughly steady from 2022 to 2025 (+1%). Method
  • In 2025 it paid out 73% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

Cities

Winthrop

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K17 grants2019 19 grants2020 19 grants2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $220K (2019) to $272K (2024). In 2025 it made 1 grant totaling $264K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

23 grants across all recorded years

19<$50K$50–100K$100–250K4$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 19 grants of 23 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
1 individual scholarship Recipients not named —$263,600

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$8,197,502$7,519,972$7,032,376
Revenue$433,950$299,748$176,090
Expenses$349,594$350,681$328,182
Qualifying Distributions$276,286$272,000$257,597
Net Investment Income$367,826$259,855$170,715
Distributable Amount$378,270$345,216$332,424

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS February 18, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 12, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  8. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Paul and Norma Facella Memorial's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Marilyn A. Censullo

    Trustee

    On filings since 2019

    0.6 hrs/week

    $12K (2019) → $12K (2025)

  • Vincent Cavarretta

    Trustee

    On filings since 2019

    0.5 hrs/week

    $12K (2019) → $12K (2025)

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Marilyn a Censullo — Trustee: $12KMarilyn a CensulloTrustee$12KVincent Cavarretta — Trustee: $12KVincent CavarrettaTrustee$12K

The highest reported compensation on the 2025 filing was $12K, to Marilyn a Censullo (Trustee). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Paul and Norma Facella Memorial

How much does Paul and Norma Facella Memorial give each year?

Paul and Norma Facella Memorial gave $264K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $272K across 1 grant.

How large is Paul and Norma Facella Memorial?

Paul and Norma Facella Memorial reported $8.2M in total assets on its 2025 IRS Form 990-PF. It paid out $276K in qualifying distributions that year, against a required minimum of $378K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Paul and Norma Facella Memorial operate?

Paul and Norma Facella Memorial has awarded grants in Massachusetts.

What is Paul and Norma Facella Memorial's EIN?

Paul and Norma Facella Memorial's EIN (Employer Identification Number) is 47-2827581. IRS Form 990 filing data is available on this page for 2019–2025.

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

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