Turula Family Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $540K in total assets. In 2024, it awarded 4 grants totaling $35K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$540K
-0.5% YoY
Annual Giving
$35K
+2.9% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$9K
-22.8% YoY
Under IRS private-foundation payout rules, Turula Family Fund Inc reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.
About Turula Family Fund Inc
Based on IRS filings
Turula Family Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $540K in total assets. In 2024, it awarded 4 grants totaling $35K. Net investment income was $21K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $540,344 | $542,921 | $545,029 |
| Revenue | $27,978 | $-18,020 | $24,157 |
| Expenses | $55,338 | $57,954 | $101,474 |
| Qualifying Distributions | $48,325 | $53,625 | $93,440 |
| Net Investment Income | $21,065 | $6,784 | $18,475 |
| Distributable Amount | $26,382 | $26,697 | $32,436 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Holy Transfiguration Monastery ($10,000), St Ann's Foundation ($10,000), Mercy Spirituality Center ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Holy Transfiguration Monastery Rochester, NY | To fund fireproofing renovations in main building on their property. | $10,000 |
| St Ann's Foundation Rochester, NY | To fund Ukrainian social/cultural programs for its residents. | $10,000 |
| Mercy Spirituality Center Rochester, NY | To help fund areas of greatest need within their organization including programming which teaches how the public can be proactive in the peace process in troubled places in our world, including the Ukraine. | $10,000 |
| Hope Hall School Rochester, NY | To help fund the areas of greatest need within their school including their tuition scholarship program, and foreign language, art and music programs. | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Monique Marchioni | President | 4 | $5,000 |
| Philip Mazza | Treasurer | 1 | $1,500 |
| Michelle Turula | Director | 1 | $1,000 |
| Ricardo Turula | Director | 1 | $1,000 |
| Cole Turula | Director | 1 | $1,000 |
| Holly Turula | Director | 1 | $1,000 |
| Jon Turula | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Turula Family Fund Inc?
Turula Family Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROCHESTER, NY. It holds $540K in total assets as of 2024.
How large is Turula Family Fund Inc?
As of 2024, Turula Family Fund Inc holds $540K in total assets with $28K in annual revenue. It awarded 4 grants totaling $35K in 2024.
Where does Turula Family Fund Inc operate?
Turula Family Fund Inc has awarded grants in New York.
What size grants does Turula Family Fund Inc award?
In 2024, Turula Family Fund Inc awarded 4 grants totaling $35K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Turula Family Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Turula Family Fund Inc reported a distributable amount of $26K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2019–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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