Remondi Family Foundation
EIN 208037556 Private FoundationAbout
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2017, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $8,055,000. This amount represents over 25% of the Foundation's net assets of $23,902,368 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2017. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $2.6M | $23.9M | $5.4M | 19 |
| 2017 | $8.1M | $27.1M | $7.1M | 24 |
| 2018 | $6.2M | $24.3M | $7.6M | 23 |
| 2019 | N/A | $29.4M | $1.2M | N/A |
| 2020 | $52K | $35.7M | $2.6M | 15 |
| 2021 | $70K | $46.7M | $17.8M | 19 |
| 2022 | $5.8M | $32.2M | $101K | 5 |
| 2023 | $134K | $39.1M | $899K | 2 |
| 2024 | $10K | $45.1M | $1.9M | 1 |
Grant Size Distribution
Based on 108 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (108 total)
| Purpose | ||||
|---|---|---|---|---|
| Adopt-A-Student Foundation | Boston, MA | $5,185,000 | GENERAL | 2022 |
| Adopt-A-Student Foundation | Boston, MA | $2,002,500 | General & Unrestricted | 2018 |
| Adopt-A-Student Foundation | Boston, MA | $2,000,000 | Adopt-A-Student Endowment Fund | 2016 |
| Adopt-A-Student Foundation | Boston, MA | $2,000,000 | The Adopt A Student Endowment Fund | 2017 |
| Massachusetts General Hospital | Boston, MA | $2,000,000 | Gift Fund | 2017 |
| Partners Healthcare System Inc - the Brigham and W | Boston, MA | $2,000,000 | Chair in Neurology, Alzheimer's Prevention Fund, Alzheimer's Research Program | 2017 |
| Massachusetts General Hospital | Boston, MA | $2,000,000 | MGH Research Institute and the Primary Care Innovation Technologies Research Fund | 2018 |
| Partners Healthcare System Inc - the Brigham and W | Boston, MA | $2,000,000 | Alzheimer's Prevention Fund, Alzheimer's Research Program and distinguished chair in neurology | 2018 |
| Archdiocese Office of Chancellor | Braintree, MA | $1,000,000 | For the restoration of the Cathedral of the Holy Cross and for the endowment of Catholic Charities | 2017 |
| Cathedral High School | Boston, MA | $1,000,000 | Capital Campaign for the Applied Learning Center | 2017 |
| Partners Healthcare System Inc - the Brigham and W | Boston, MA | $255,000 | Dr.Selkoe's Advanced Alzheimer's Instrumentation Lab and President's Fund | 2016 |
| Lawrence Catholic Academy | Lawrence, MA | $250,000 | GENERAL | 2022 |
| Massachusetts General Hospital | Boston, MA | $250,000 | Innovation in Medicine fund | 2016 |
| Camp Harbor View Foundation Inc | Boston, MA | $150,000 | GENERAL | 2022 |
| St Sebastians School Inc | Needham, MA | $125,000 | Scholarship Endowment fund | 2018 |
| Cathedral High School Inc | Boston, MA | $123,672 | GENERAL | 2023 |
| Cathedral High School Inc | Boston, MA | $120,000 | GENERAL | 2022 |
| Women & Infants Hospital | Warwick, RI | $100,000 | GENERAL | 2022 |
| Big Brothers Big Sisters of Massachusett | Boston, MA | $14,500 | GENERAL | 2021 |
| The Greater Boston Food Bank Inc | Boston, MA | $10,500 | General & Unrestricted | 2020 |
| Shore Country Day School | Beverly, MA | $10,000 | Annual Fund | 2020 |
| Trustees of Tufts College | Medford, MA | $10,000 | Tufts Entrepreneurship Center | 2020 |
| Shore Country Day School | Beverly, MA | $10,000 | GENERAL | 2021 |
| Academy of the Holy Names | Albany, NY | $10,000 | GENERAL | 2021 |
| Academy of the Holy Names | Albany, NY | $10,000 | GENERAL | 2023 |
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