The Cor Jesu Foundation Inc
The mission of the Cor Jesu Foundation is to providefinancial support to help perpetuate the charism, life, and mission of theBrothers of the Sacred Heart, currently at Monsignor McClancy Memorial HighSchool.
The Cor Jesu Foundation Inc at a glance
- Total assets
- $6,011,488
- -7.8% vs 2024
- Revenue (2025)
- $498,380
- -15.6% vs 2024
- Net investment income (2025)
- $227,545
- +33.9% vs 2024
- Expenses (2025)
- $391,497
- -74.5% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Cor Jesu Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $1–5M range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 1 grant totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Monsignor McClancy Memorial High School East Elmhurst, NY | To support Catholic High School Education | $1,200,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $6,011,488 | $498,380 | $391,497 | — | — | $227,545 |
| 2024 | $6,517,453 | $590,360 | $1,535,418 | $1,200,000 | 1 | $169,902 |
| 2023 | $6,083,290 | $653,755 | $290,038 | — | — | $299,725 |
| 2022 | $5,709,038 | $6,395,925 | $79,393 | — | — | $41,606 |
About The Cor Jesu Foundation Inc
Based on IRS filings
The Cor Jesu Foundation Inc is a public charity, based in East Elmhurst, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $6.0M in total assets. Net investment income was $228K.
Leadership & Key People
Officers and directors from IRS filings
The Cor Jesu Foundation Inc is led by Nicholas Melito, President on every filing since 2023; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Nicholas Melito
President
On filings since 2023
5 hrs/week
No compensation reported
Louis Magnan
Chairman
Secretary → Chairman, 2023
On filings since 2021
5 hrs/week
No compensation reported
Louis P Valerio
Trustee
On filings since 2023
5 hrs/week
No compensation reported
Michelle Giocastro
Treasurer
On filings since 2021
5 hrs/week
No compensation reported
John Devlin III
Board Member
Chairman → Board Member, 2024
On filings since 2023
5 hrs/week
No compensation reported
Mark E Arning
Board Member
Chairman → Board Member, 2024
On filings since 2023
5 hrs/week
No compensation reported
Martin McManus
Secretary
On filings since 2023
5 hrs/week
No compensation reported
Steve Casella
Board Member
On filings since 2024
5 hrs/week
No compensation reported
Former officers (2)
- Former: Robert Reale (2023) — Chairman
- Former: Robert Love (2021–2022) — Chairman
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Cor Jesu Foundation Inc
How large is The Cor Jesu Foundation Inc?
The Cor Jesu Foundation Inc reported $6.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $498K.
Where does The Cor Jesu Foundation Inc operate?
The Cor Jesu Foundation Inc has awarded grants in New York.
What is The Cor Jesu Foundation Inc's EIN?
The Cor Jesu Foundation Inc's EIN (Employer Identification Number) is 85-2811793. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in The Cor Jesu Foundation Inc's focus areas in our free grants database
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