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Form 990-PFTax year 2025EIN 23-7051152

The Morello Foundation

A private foundation in Ocean City, NJ. Its return for tax year 2025 lists 3 grants and $17,000 paid in grants.

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Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
The Foundation
180 Bay Road
Ocean City, NJ 08226
(609) 947-1202
Form and materials
Information on grades and financial situation
Deadlines
NA
Restrictions
NA

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $17,000

    Grants listed
    3
    Assets, end of year
    $365,822

  • Tax year 2024

    $17,000

    Grants listed
    3
    Assets, end of year
    $326,890

  • Tax year 2023

    $17,000

    Grants listed
    3
    Assets, end of year
    $326,171

  • Tax year 2022

    $17,000

    Grants listed
    2
    Assets, end of year
    $325,876

  • Tax year 2021

    $16,000

    Grants listed
    1
    Assets, end of year
    $330,326

  • Tax year 2020

    $16,000

    Grants listed
    1
    Assets, end of year
    $329,417

Grants paid in 2025

3 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Our Lady of Mercy AcademyNewfield, NJ

    Scholarship

    $8,000
  2. Shore Medical CenterHammonton, NJ

    Scholarship

    $5,000
  3. Individual

    Scholarship

    $4,000

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. New Jersey2 grants $13,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Michael A MorelloTrustee Hours 1Pay $0
  • Matthew MorelloTrustee Hours 1Pay $0
  • Jennifer Morello FissTrustee Hours 1Pay $0

The return

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