Overview
What is Mattioli Foundation?
The Mattioli Foundation, located in Long Pond, Pennsylvania, is a charitable organization that focuses on supporting the initiatives and needs of various philanthropic entities. With a strong commitment to giving back, the foundation has provided aid to 62 listed charitable organizations, as detailed in an attached schedule. Additionally, the Mattioli Foundation offers educational opportunities by granting scholarships to deserving college students, contributing to their higher education and future success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star rating.
The Mattioli Foundation has received a score of 74%, which translates to a Two-Star rating. This score is primarily driven by its Accountability & Finance metrics. While the foundation shows a strong Program Expense Ratio of 98.99%, indicating that nearly all of its expenses are directed towards programs, it lacks independent board members, which significantly impacts its accountability score.
Notably, the foundation does not have any independent board members, resulting in a score of 0% in that area. Additionally, while it has some strong policies in place, such as a conflict of interest and whistleblower policy, it has not posted its tax form on its website, which detracts from its transparency. Overall, while the foundation demonstrates good programmatic focus, improvements in governance and transparency would enhance its overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Mattioli Foundation legitimate?
Mattioli Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mattioli Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Mattioli Foundation?
The Mattioli Foundation's mission is centered around supporting the work of various charitable organizations and providing scholarships to college students. It actively contributes to the initiatives of these charitable organizations, as listed in its schedule, and extends financial aid to individuals in need. The foundation's efforts aim to contribute positively to various communities and support the educational pursuits of deserving students.
Who is the CEO of Mattioli Foundation?
Marilouise Mattioli is the President of Mattioli Foundation.
What is the revenue of Mattioli Foundation?
Mattioli Foundation's revenue in 2023 was $71,233.
Who are the executives of Mattioli Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mattioli Foundation?
Mattioli Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Mattioli Foundation
The Mattioli Foundation is an organization dedicated to supporting the noble endeavors of various charitable organizations while also providing scholarships to deserving college students. Its mission is multifaceted, focusing on two primary areas. Firstly, the foundation lends its support to a wide array of charitable organizations, as listed in Schedule A, Part 1, Line 12G. This involvement extends beyond mere financial aid, implying a deeper commitment to their causes.
Secondly, the Mattioli Foundation recognizes the importance of education in shaping the future. To this end, it offers scholarships to college students, providing them with the financial assistance they need to pursue their academic goals. This not only aids the individual students but also contributes to the broader societal good by fostering intellectual growth and the development of future leaders. In essence, the Mattioli Foundation plays a significant role in bolstering the efforts of charitable organizations and nurturing the potential of aspiring scholars.
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Impact
August, 2024
The Mattioli Foundation has a significant impact on the community by supporting the work of various charitable organizations and providing scholarships to college students. Through its support of 62 charitable organizations listed on Schedule A, the foundation has been able to make a positive difference in the lives of individuals and communities in need. Additionally, by offering scholarships to college students, the foundation is investing in the education and future success of young people. The Mattioli Foundation's commitment to supporting charitable causes and education demonstrates its dedication to making a meaningful impact on society.
This information is meant to be a general summary of Mattioli Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $52,431
- Gross Receipts: $105,377
Assets and Liabilities:
- Total Assets: $2,189,820
- Total Liabilities: $0
- Net Assets: $2,189,820
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Organization Details
Founding Year
1980
Phone
(570) 646-2300Principal Officer
Marilouise Mattioli
Main Address
PO BOX 500, LONG POND, PA, 18334
NTEE Category
Code: Z99 - Unknown
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