Paul and Norma Facella Memorial
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
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The most common grant size was under $50K: 19 grants of 23 (83%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $263,600 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 18, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 12, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- 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
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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