Focolare Formation Fund

Tax-deductible

Bronx, NY501(c)(3)Since 2009EIN 27-0944965

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.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Run by 7 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $60K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6.9M
97% of total assets
Concern: liabilities are 97% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.5M
Spent
$7.3M
To programs
99%
Net assets
$195K

From the FY2025 Form 990 · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CFocolare Formation Fund
EINHdr · item D27-0944965
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 1946
Year of formationHdr · item L2009
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CBronx, NY
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jfocolare.foundation

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$7.2M
Management & general1%$91K
Total functional expensesLn 25$7.3M

Financial health

Is it on solid ground?

Program efficiency
99%
of spending reaches programs
Operating runway
11.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue less expensesPt I · Ln 19$214K
Total assetsPt X · Ln 16$7.1M
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$161K
Total assetsLn 16$7.1M
Total liabilitiesLn 26$6.9M
Total net assetsLn 32$195K
Months of cash on handcomputed0.3

Statement of Revenue

Part VIII
Contributions & grants$7.3M · 97%
Program service revenue$55K · 1%
Investment income$93K · 1%
Other revenue$101K · 1%
Contributions & grants97%$7.3M
Program service revenue1%$55K
Investment income1%$93K
Other revenue1%$101K
Total revenueLn 12$7.5M

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7.0M · Operating expenses/yr $7.3M
11.5 months
Where the money goes
Program services
Program services $7.2M · Total expenses $7.3M
99%
Management & General
Management & general $91K · Total expenses $7.3M
1%
Fundraising
Fundraising $0 · Total expenses $7.3M
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $7.3M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $7.3M · Total revenue $7.5M
97%
Government reliance
Government grants $0 · Total revenue $7.5M
0%
Earned-income share
Program service revenue $55K · Total revenue $7.5M
0.7%
Investment reliance
Investment income $93K · Total revenue $7.5M
+1%
Program self-sufficiency
Program service revenue $55K · Total expenses $7.3M
0.7%
Growth & trend
Revenue growth (YoY)
This year $7.5M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $195K · Beginning of year −$19K
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $7.5M · Expenses $7.3M
+3%
Liabilities-to-Assets
Total liabilities $6.9M · Total assets $7.1M
97%
Net-asset ratio
Net assets $195K · Total assets $7.1M
3%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $6.9M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $7.1M
97%
People & payroll
Highest Reported Total Compensation
Individual Emery Koenig · Reported title Director, Chair Person · Highest reported compensation $0 · Total expenses $7.3M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $7.3M
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%——
Overhead ratio 1%——
Fundraising cost ratio 0%——
Investment management fee ratio 1.0%——
Legal fee ratio 0.4%——
Accounting fee ratio 0.10%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director, Chair Person
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director, Vice Chair Person
$0Pt VII · Sec A
Director, Treasurer
$0Pt VII · Sec A
Director, Secretary
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
See Focolare Formation Fund executive salaries →

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Governance & Policies

Part VI
  • 5Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Inspires donations and grants to foster unity and drive transformative change for a peaceful world.

Provided by the organization

This section is blank until Focolare Formation Fund claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $6.7M of program spending, described in the organization's own filed words · FY2025.
01

The Focolare Movement in recent years has begun coordinating efforts to deploy the spirituality of unity to bring people together to counter polarization and division. A major part of this work is taking place in the Washington, DC area but the effect is across the U.S. and beyond.

$4.8Mprogram expense
02

The 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…

$1.6Mprogram expense
03

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.

$251Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$60K
Grants paid · 4 grants · $5.6M · 2025–2025

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $7.5M$7.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2025

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $7,327,508 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $5,604,747$5,604,747
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $1,596,480$1,596,480
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $1,595 · Fundraising $0$1,595
IX-11b Legal feesPrograms $0 · Management $27,738 · Fundraising $0$27,738
IX-11c Accounting feesPrograms $7,056 · Management $0 · Fundraising $0$7,056
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $13,276 · Management $54,835 · Fundraising $0$68,111
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $88 · Management $1,006 · Fundraising $0$1,094
IX-14 Information technologyPrograms $5,847 · Management $5,847$11,694
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $5,940 · Management $0 · Fundraising $0$5,940
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $3,053 · Management $0 · Fundraising $0$3,053
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$0
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $7,236,487 · Management $91,021 · Fundraising $0$7,327,508

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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