Civic Intelligence

Focolare Foundation

990 • Fiscal year 2025 • EIN 27-0944965

Jan 01, 2025 to Dec 31, 2025

179 Robinson AvenueBronx, NY 10465

(646) 898-8600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

0.97x

Higher debt load relative to assets than 96% of similar nonprofits.

2025 filings • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

86th percentile

0.91x

Higher debt load relative to revenue than 86% of similar nonprofits.

2025 filings • $5M-$10M nonprofits • Source year 2025

Net Margin

43rd percentile

2.8%

Higher net margin than 43% of similar nonprofits.

2025 filings • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

27th percentile

$0

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2025 filings • $5M-$10M nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Assets

$7,063,824

No earlier filing loaded for comparison.

Net Assets

$194,904

No earlier filing loaded for comparison.

Liabilities

$6,868,920

No earlier filing loaded for comparison.

Revenue

$7,541,468

No earlier filing loaded for comparison.

Expenses

$7,327,508

No earlier filing loaded for comparison.

Net Income

$213,960

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2025: $7,063,824Liabilities 2025: $6,868,920Net Assets 2025: $194,9042025

Highlighted filing

2025

Assets$7,063,824
Liabilities$6,868,920
Net Assets$194,904

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Revenue 2025: $7,541,468Expenses 2025: $7,327,508Net Income 2025: $213,9602025

Highlighted filing

2025

Revenue$7,541,468
Expenses$7,327,508
Net Income$213,960
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Apr 1, 2026
Return Version
2025v4.0
Gross Receipts
$7,541,468
Mission and Program Overview

Mission

The Focolare Foundation serves as a catalyst for change, providing financial support, resources, expertise, and capacity-building to empower communities and organizations while amplifying the impact of grassroots initiatives. This approach drives meaningful outreach and supports projects such as Focolare Media, the Focolare Forum for Dialogue and Culture, and numerous other national and international initiatives. Our work is guided by four core activities: Partnerships and Initiatives; Development and Fundraising; Investments; and Grantmaking.

Rooted in Jesus' prayer, "may they all be one" (John 17:21), the Focolare Foundation, as an integral part of the Focolare Movement, inspires donations and provides grants that support the Movement's mission in North America and worldwide. We are dedicated to fostering unity in diversity and driving positive, transformative change through collaborative initiatives, ensuring the long-term sustainability of the Focolare Movement's work for a more peaceful and united world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$50,061$6,861,078▲ $6,811,017
Cash and Non-Interest-Bearing Accounts$196,652$160,923▼ $35,729
Accounts Receivable$22,133$41,823▲ $19,690
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$268,846$7,063,824▲ $6,794,978
Liabilities
Grants Payable$275,200$6,766,218▲ $6,491,018
Unsecured Notes Loans Payable$12,702$102,702▲ $90,000
Accounts Payable and Accrued Expenses$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$287,902$6,868,920▲ $6,581,018
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-19,056$194,904▲ $213,960
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$-19,056$194,904▲ $213,960
Total Liabilities and Net Assets / Fund Balance$268,846$7,063,824▲ $6,794,978
Compensation and Service Providers

Board Members and Trustees

NameTitle
Emery KoenigDirector, Chair Person
Christine TsuiDirector, Vice Chair Person
John ChesserDirector
Domenico CasellaDirector, Secretary
Maria Teresa FronzaDirector, Treasurer
Christian VeldboerExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$7,293,071
Program Service Revenue
$54,835
Investment Income
$92,888
Other Revenue
$100,674
All Other Contributions
$7,293,071
Change in Net Assets
$213,960
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,201,227
Other Expenses$126,281
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,604,747--$5,604,747
Foreign Grants$1,596,480--$1,596,480
Fees for Service Investment Mgmnt Fees$13,276$54,835$0$68,111
Fees for Services Legal$0$27,738$0$27,738
Information Technology$5,847$5,847-$11,694
Fees for Services Accounting$7,056$0$0$7,056
Travel$5,940$0$0$5,940
Conferences and Meetings$3,053$0$0$3,053
Fees for Services Management$0$1,595$0$1,595
Office Expenses$88$1,006$0$1,094
Total Functional Expenses$7,236,487$91,021$0$7,327,508
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Focolare Movement Womens Branch East Coast Work Of MaryHyde Park, NY501(c)(3)Focolare is an ecclesial movement for spiritual and social renewal. Officially known as the "Work of Mary," it was founded in Trent, Italy in 1943 by Chiara Lubich and her closest friends, and approved by the Catholic Church in 1962. The movement has now reached 183 countries, and more than 2 million people share closely in the life of the movement and its work. These grants helped fund local Focolare community activities of lay people, a Washington, DC based activity called the Focolare Hub, Racial Equity (Courageous Conversations), the Youth Center for North America (YCNA), and other activities of the Focolare Movement.$5,022,713
Focolare MediaNew York, NY501(c)(3)Focolare Media is the North American publishing house of the Focolare Movement. Through New City Press it publishes books on Focolare spirituality and other religious topics, its magazine, Living City, addresses current religious topics, and its web and social media presence promotes the Focolare message of peace and unity. Working with 153 contributors in 2025 Focolare Media published 12 new books, 82 articles, 33 podcast stories, and 52 videos. Its outreach through over 41,500 books distributed and 2,103 online event participants has affected 10,300 email subscribers, 72 universities, and 162 church communities including 217 Catholic bishops.$250,977
Focolare Movement Mariapolis Luminosa Work of MaryHyde Park, NY501(c)(3)The Focolare Foundation is rooted in the rich legacy of Mariapolis Luminosa, an over forty year experience in Hyde Park, New York that continues to inspire and guide our mission. To strengthen the Focolare Movement for future generations, we have established a dedicated endowment fund supported by donations and proceeds from the sale of the Mariapolis Luminosa property. An endowment fund is a permanent financial resource where the initial funds are invested, and the earnings are used to support the Movement's activities. This ensures steady, long-term financial stability, allowing contributions from the past, present, and future to create a lasting impact for generations to come.$178,227
Focolare Movement Mens BranchHyde Park, NY501(c)(3)Focolare is an ecclesial movement for spiritual and social renewal. Officially known as the "Work of Mary," it was founded in Trent, Italy in 1943 by Chiara Lubich and her closest friends, and approved by the Catholic Church in 1962. The movement has now reached 183 countries, and more than 2 million people share closely in the life of the movement and its work. These grants helped fund local Focolare community activities of lay people, including youth, and priests, and the Economy of Communion which is a network of companies that share their earnings with the poor and invest in their communities.$152,830

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

Organization does not have any committees.

Form 990, Part VI, Section B, Line 11B

The Organization Provides a Copy of the 990 to the Members of the Governing Body after it has been filed.

Form 990, Part VI, Section B, Line 12C

Members of the Governing Body are requested to inform the organization of compliance once per year during a meeting of the Body.

Form 990, Part VI, Section C, Line 19

Some of the Organization's governing documents are available on its website and all have been available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Focolare Foundation
EIN
27-0944965
Phone
6468988600
Address
179 Robinson Avenue, Bronx, NY 10465

Signing Officer

Name
Christian Veldboer
Title
Executive Director
Phone
6468988600
Signed
2026-04-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christian Veldboer
Formed
2009
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
7

Preparer

Firm
Synodal Consulting LLC
Address
4537 E Grovers Avenue, Phoenix, AZ 85032
Preparer
Patrick Markey
Phone
6028289228
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IRS990/ActivityOrMissionDesc0Rooted in Jesus' prayer, "may they all be one" (John 17:21), the Focolare Foundation, as an integral part of the Focolare Movement, inspires donations and provides grants that support the Movement's mission in North America and worldwide. We are dedicated to fostering unity in diversity and driving positive, transformative change through collaborative initiatives, ensuring the long-term sustainability of the Focolare Movement's work for a more peaceful and united world.
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IRS990/MissionDesc0The Focolare Foundation serves as a catalyst for change, providing financial support, resources, expertise, and capacity-building to empower communities and organizations while amplifying the impact of grassroots initiatives. This approach drives meaningful outreach and supports projects such as Focolare Media, the Focolare Forum for Dialogue and Culture, and numerous other national and international initiatives. Our work is guided by four core activities: Partnerships and Initiatives; Development and Fundraising; Investments; and Grantmaking.
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IRS990/PrincipalOfficerNm0Christian Veldboer
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IRS990/ProgSrvcAccomActy2Grp/Desc0The International Center for Unity and Peace is planned as a multi-purpose structure suitable for hosting various local and international events and initiatives. An essential and important part of the project is the surrounding open space where rest areas will alternate with green zones, thus facilitating socializing and interactive activities. The objectives of the project are: to create a space for meetings and prayer among Christians of various Churches; to promote respect, tolerance and the capacity to live together by furthering mutual knowledge and dialogue among the faithful of varying religions; to offer a space for study and research in the intercultural, ecumenical and interreligious fields; to offer exchange meetings, courses of formation and volunteer activities on international and local levels for young adults and teenagers; to provide for Christian youth opportunities for vocational discernment; to offer meetings and formation courses in the field of peace education.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Focolare Media is the North American publishing house of the Focolare Movement. Through New City Press it publishes books on Focolare spirituality and other religious topics, its magazine, Living City, addresses current religious topics, and its web and social media presence promotes the Focolare message of peace and unity. Working with 153 contributors in 2025 Focolare Media published 12 new books, 82 articles, 33 podcast stories, and 52 videos. Its outreach through over 41,500 books distributed and 2,103 online event participants has affected 10,300 email subscribers, 72 universities, and 162 church communities including 217 Catholic bishops.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Focolare Foundation has supported Focolare Movement activities across North America including Economy of Communion (North America), Focolare Discernment Experience, Focolare Forum for Dialogue and Culture, Racial Equity (Courageous Conversations), Youth Center for North America (YCNA), and local Focolare communities and their various ways of living a communion of goods to support those most in need.
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IRS990ScheduleA/ChurchInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Focolare Foundation was formed as a not-for-profit 501(c)(3), Integrated Church Auxiliary - Internally Supported organization and is recognized as exempt under the U.S. Conference of Catholic Bishops (USCCB) Group Ruling GEN 0928, with inclusion confirmed by the USCCB on January 21, 2010. The Foundation is organized and operated exclusively for religious and charitable purposes, and none of its net earnings inure to the benefit of any officer, director, or member. Its principal activities include soliciting, receiving, and managing charitable donations to support the educational and spiritual mission of the Focolare Movement in North America and around the world. As such, it falls under It falls under IRC §170(b)(1)(A)(i) with Foundation classification 10 and it is not required to file a 990. It has elected to do so, however, in order to model the best practices of accountability and transparency.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.06$6.87$0.19$7.54$7.33$0.21