Nonprofit · EIN 85-2596018
LOUIS AND ROSE FRANZONE CATHOLIC FUND INC EDUCATION
Tax-exempt · BROOKLYN, NY 11209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $52,316 | $45,398 | $6,918 | $1,102,063 | $0 | $1,102,063 |
| December 31, 2024 | 990-PF | $35,652 | $69,652 | -$34,000 | $1,095,145 | $0 | $1,095,145 |
| December 31, 2023 | 990-PF | $33,010 | $53,779 | -$20,769 | $1,129,145 | $0 | $1,129,145 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $36,901
- Net gain from sales of assets
- $15,415
Expenses
- Grants and similar amounts paid
- $31,320
- Disbursements for charitable purposes
- $31,320
- Excise tax on investment income
- $532
Balance sheet and other
- Total assets, start of year
- $1,095,145
- Total assets, end of year
- $1,102,063
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,102,063
- Fair market value of assets
- $1,077,165
- Qualifying distributions
- $31,320
- Net investment income
- $52,316
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REV JOSEPH GRIMALDI 9511 4th AVENUE, BROOKLYN, NY 11209 | PRESIDENT | 5 | $0 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REV JOSEPH GRIMALDI 2055 E 69TH ST, BROOKLYN, NY 11234 | PRESIDENT | 5 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REV JOSEPH GRIMALDI 2055 E 69TH ST, BROOKLYN, NY 11234 | PRESIDENT | 5 | $0 |
Address and contacts
- Address (IRS master file)
- C/O JOSEPH GRIMALDI-9511 4TH AVE, BROOKLYN, NY 11209-0000
- In care of
- % REV JOSEPH GRIMALDI
- Signed the 990-PF
- JOSEPH GRIMALDI, PRESIDENT
- Phone
- (917) 748-3062
- Return prepared by
- LEON FUKS CPA PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 85-2596018
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T23)
- Assets (IRS master file)
- $1,102,063
- Income (IRS master file)
- $241,875
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $52,316 | $45,398 | $1,102,063 | IRS |
| 990-PF | December 2024 | $35,652 | $69,652 | $1,095,145 | IRS |
| 990-PF | December 2023 | $33,010 | $53,779 | $1,129,145 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-2596018).
Questions about LOUIS AND ROSE FRANZONE CATHOLIC FUND INC EDUCATION
- What is the EIN of LOUIS AND ROSE FRANZONE CATHOLIC FUND INC EDUCATION?
- The employer identification number (EIN) of LOUIS AND ROSE FRANZONE CATHOLIC FUND INC EDUCATION is 85-2596018.
- Is LOUIS AND ROSE FRANZONE CATHOLIC FUND INC EDUCATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to LOUIS AND ROSE FRANZONE CATHOLIC FUND INC EDUCATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does LOUIS AND ROSE FRANZONE CATHOLIC FUND INC EDUCATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LOUIS AND ROSE FRANZONE CATHOLIC FUND INC EDUCATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOUIS AND ROSE FRANZONE CATHOLIC FUND INC EDUCATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of LOUIS AND ROSE FRANZONE CATHOLIC FUND INC EDUCATION?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does LOUIS AND ROSE FRANZONE CATHOLIC FUND INC EDUCATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $52,316, expenses of $45,398 and total assets of $1,102,063 at year end.
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