Private Foundation

Joseph E and Caroline B Vella Foundation

Joseph E and Caroline B Vella Foundation is a private foundation categorized as Private Foundation based in Mobile, AL. Its most recent IRS filing (2020) reports revenue of $497K, expenses of $406K, total assets of $4.5M. Imperigo tracks 59 reported grants from this foundation totaling approximately $362K.

EIN: 474163832 Mobile, AL General Support NTEE: DEFAULT Latest filing: 2020
Total Revenue$497K
Total Expenses$406K
Total Assets$4.5M
Grants Given59
Grant Total$362K
Filing Years2017–2020

Sample Grants Given

St Ignatius Catholic Church
Mobile, AL · 2020
SupportCatholicParish
$26,000
St Michael Catholic Church
Fairhope, AL · 2020
Support ofCatholicHigh School
$15,100
Mobile Carnival Association
Mobile, AL · 2020
Support LocalMardi GrasOrganization
$3,000
St Mary's Home
Mobile, AL · 2020
SupportChildren'sHome
$3,000
Christ the King
Daphne, AL · 2020
SupportCatholicParish
$2,550

Showing up to 5 of 59 total records — full history available with membership.

Officers & Directors

Asset Manager J M Druhan Iii
Trustee J Michael Druhan Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

SupportCatholicParish
$92,550 7 grants
Support ofCatholicHigh School
$66,000 3 grants
SupportHigherEducation
$55,000 1 grant
City of MobileMaintainhistory
$30,000 1 grant
Support ofCatholicParish
$25,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2020 $497K $406K $4.5M
2019 $3.7M $388K $4.5M
2018 $280K $460K $104K
2017 $70K $137K $283K

Between 2017 and 2020, reported annual revenue grew from $70K to $497K (+608%), with total assets most recently reported at $4.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL, FL.

ALFL

Full geographic grant map with state-by-state breakdown available with membership.

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