Turula Family Fund Inc
Turula Family Fund Inc is a private foundation, based in Rochester, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $550K in total assets. In 2025, it awarded 4 grants totaling $40K. Net investment income was $54K.
Turula Family Fund Inc at a glance
In short: Turula Family Fund Inc gave $40K across 4 grants in 2025 (avg $10K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $40,000
- +14.3% vs 2024
- Grants made (2025)
- 4
- +0.0% vs 2024
- Average grant
- $10,000
- +14.3% vs 2024
- Median grant
- $10,000
- Total assets
- $549,851
- +1.8% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Turula Family Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Holy Transfiguration Monastery ($10K). Together the top 4 received $40K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Turula Family Fund Inc gives
- Giving fell 47% from 2022 to 2025. Method
- In 2025 it paid out 195% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $34K (2023) to $75K (2022). In 2025 it made 4 grants totaling $40K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Holy Transfiguration Monastery Rochester, NY | To fund renovations to repair interior damaged sustained from roof leak in their workshop. | $10,000 |
| Hope Hall School Rochester, NY | To help fund their summer program. | $10,000 |
| Mercy Spirituality Center Rochester, NY | To help fund interior and exterior improvements and general operational support. | $10,000 |
| St Ann's Foundation Rochester, NY | To fund Ukrainian social/cultural programs for its residents. | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $549,851 | $60,896 | $58,981 | $40,000 | 4 | $50,940 | $53,955 | $26,096 |
| 2024 | $540,344 | $27,978 | $55,338 | $35,000 | 4 | $48,325 | $21,065 | $26,382 |
| 2023 | $542,921 | $-18,020 | $57,954 | $34,000 | 3 | $53,625 | $6,784 | $26,697 |
| 2022 | $545,029 | $24,157 | $101,474 | $75,000 | 4 | $93,440 | $18,475 | $32,436 |
| 2021 | $784,618 | $110,149 | $91,200 | $65,000 | 3 | $83,630 | $103,025 | $37,957 |
| 2020 | $814,927 | $36,202 | $66,982 | $45,024 | 3 | — | $36,081 | $38,670 |
| 2019 | $775,799 | $26,464 | $90,540 | $60,358 | 4 | — | $19,677 | $37,569 |
Under IRS private-foundation payout rules, Turula Family Fund Inc reported a distributable amount of $26K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Turula Family Fund Inc is led by Monique Marchioni, President on every filing since 2019; 6 of 7 officers listed in 2025 are compensated.
Officers on the 2025 filing
Monique Marchioni
President
On filings since 2019
4 hrs/week
$9K (2019) → $5K (2025)
Cole Turula
Director
On filings since 2019
1 hr/week
$1K (2019) → $1K (2025)
Holly Turula
Director
Trustee → Director, 2020
On filings since 2019
1 hr/week
$1K (2019) → $1K (2025)
Michelle Turula
Director
Trustee → Director, 2020
On filings since 2019
1 hr/week
$1K (2019) → $1K (2025)
Ricardo Turula
Director
On filings since 2019
1 hr/week
$1K (2019) → $1K (2025)
Jon Turula
Director
Trustee → Director, 2020
On filings since 2019
1 hr/week
No compensation reported
Philip Mazza
Treasurer
Director → Director & Treasurer, 2023
Director & Treasurer → Treasurer, 2024
On filings since 2019
1 hr/week
$1K (2019) → $2K (2025)
Former officers (1)
- Former: Jeannine Turula (2019–2023) — Treasurer
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 $5K, to Monique Marchioni (President). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Turula Family Fund Inc
How much does Turula Family Fund Inc give each year?
Turula Family Fund Inc gave $40K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $35K across 4 grants.
What is Turula Family Fund Inc's typical grant size?
Turula Family Fund Inc's median grant in 2025 was $10,000, and its average grant was $10,000, across 4 grants on its 2025 IRS Form 990-PF.
Where does Turula Family Fund Inc give grants?
Turula Family Fund Inc gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Rochester, NY (4 grants).
Does Turula Family Fund Inc give general operating support?
Yes: 25% of Turula Family Fund Inc's 2025 grants with a stated purpose (1 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Turula Family Fund Inc?
Turula Family Fund Inc reported $550K in total assets on its 2025 IRS Form 990-PF. It paid out $51K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets).
What is Turula Family Fund Inc's EIN?
Turula Family Fund Inc's EIN (Employer Identification Number) is 31-1656968. 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.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 13, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Turula Family Fund Inc funds
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