The Mario & Theresa Spola Family

HOHOKUS, NJ EIN: 22-3632964

The Mario & Theresa Spola Family is a private foundation focused on Education, based in HOHOKUS, NJ. IRS filing data is available from 2020 through 2024. In 2024, it awarded 6 grants totaling $353K. Net investment income was $76K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$353K

+213.9% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$59K

+266.2% YoY

Under IRS private-foundation payout rules, The Mario & Theresa Spola Family reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mario & Theresa Spola Family

Based on IRS filings

The Mario & Theresa Spola Family is a private foundation focused on Education, based in HOHOKUS, NJ. IRS filing data is available from 2020 through 2024. In 2024, it awarded 6 grants totaling $353K. Net investment income was $76K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BaltimoreCresskillDemarestEngelwoodRidgewoodTeaneckWilton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$103K$205K$308K$410K20202021202220232024
Metric202420232022
Total Assets$295,762$369,522
Revenue$77,406$49,676$84,401
Expenses$372,958$123,466$181,931
Qualifying Distributions$371,205$120,530$178,030
Net Investment Income$75,653$46,740$80,500
Distributable Amount$14,990$19,010$24,860

Giving Over Time

Total grant dollars and number of grants per year

$0$88K$177K$265K$353K6 grants20205 grants20216 grants20227 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

ACADEMY OF HOLY ANGELS$236KST THERESE OF LISIEUX CH…$84KSCHOOL SISTERS OF NOTRE …$20KVALLEY HOSPITAL FOUNDATION$6KHOLY NAME FOUNDATION$4KCARMELITE MISSION$3K

Grant Size Distribution

30 grants across all recorded years

24<$50K2$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Academy of Holy Angels ($236,000), St Therese of Lisieux Church ($84,145), School Sisters of Notre Dame ($20,000).

RecipientPurposeAmount
ACADEMY OF HOLY ANGELS DEMAREST, NJTO FURTHER THE PURPOSE OF THE 501(C)(3) ORGANIZATION$236,000
CARMELITE MISSION ENGELWOOD, NJTO FURTHER THE PURPOSE OF THE 501(C)(3) ORGANIZATION$3,000
HOLY NAME FOUNDATION TEANECK, NJTO FURTHER THE PURPOSE OF THE 501(C)(3) ORGANIZATION$4,000
SCHOOL SISTERS OF NOTRE DAME BALTIMORE, MDTO FURTHER THE PURPOSE OF THE 501(C)(3) ORGANIZATION$20,000
ST THERESE OF LISIEUX CHURCH CRESSKILL, NJTO FURTHER THE PURPOSE OF THE 501(C)(3) ORGANIZATION$84,145
VALLEY HOSPITAL FOUNDATION RIDGEWOOD, NJTO FURTHER THE PURPOSE OF THE 501(C)(3) ORGANIZATION$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THERESA SPOLA DOYLEMANAGER
MARIA SPOLA MUELLERMANAGER
ROBERT MUELLERMANAGER
ANDREA SPOLA LUPOMANAGER
ANDREW LUPOMANAGER
KATHLEEN NADDEO SPOLAMANAGER
JOHN SPOLAMANAGER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Mario & Theresa Spola Family?

The Mario & Theresa Spola Family is a private foundation focused on Education, based in HOHOKUS, NJ. It holds — in total assets as of 2024.

Where does The Mario & Theresa Spola Family operate?

The Mario & Theresa Spola Family has awarded grants in Connecticut, Maryland, New Jersey.

What size grants does The Mario & Theresa Spola Family award?

In 2024, The Mario & Theresa Spola Family awarded 6 grants totaling $353K — an average of about $59K per grant, based on its IRS Form 990 filings.

How much is The Mario & Theresa Spola Family required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mario & Theresa Spola Family reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mario & Theresa Spola Family's EIN?

The Mario & Theresa Spola Family's EIN (Employer Identification Number) is 22-3632964. IRS Form 990 filing data is available on this page for 2020–2024.

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

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