named programs · 4 · from sources
What they call their work
Annual Golf Tournament
Fundraising golf event held at Cobblestone Creek Country Club to support student scholarships.
Annual Scholarship Gala
Black-tie fundraising dinner and entertainment event held at Genesee Valley Club to support scholarships.
Scholarship Program
Provides financial assistance to students at private high schools in Monroe County, including Aquinas, Bishop Kearney, McQuaid, Mercy, St. John Bosco, and Hope Hall.
Spring Reverse Raffle Dinner
Fundraising dinner and raffle event to support the foundation's scholarship mission.
activities · 4 groups
What they do
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Private K–12 School Support 1 activity
- Awards grants to private high schools in Monroe County for educational purposesFunds private high schools in Monroe County to support educational access, having awarded over $1,491,700 since 2008. This grantmaking activity supports students' academic goals through institutional funding.
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Charity Event Organization 1 activity
- Organizes annual fundraising events to support scholarship programsHosts recurring fundraising events including an annual gala, golf tournament, and reverse raffle to raise money for student scholarships. These events are central to generating funds for the organization’s scholarship mission.
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Annual Impact and Evaluation Reporting 1 activity
- Produces an annual Yearbook documenting organizational activities and student successCreates and publishes an annual Yearbook that highlights student success stories, organizational history, board of directors information, and photos from events such as the scholarship gala.
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LGBTQ+ and Community-Based Educational Scholarships 1 activity
- Provides scholarships to students at private schools in the Rochester areaDirectly awards scholarships to deserving young men and women attending specific private schools in the Rochester area, supporting their academic goals. To date, has provided over $1,731,700 in scholarship funding to 701 students over 17 years.
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financials · form 990 · fy2024
revenue
Total revenue$304K
Contributions & grants$224K74%
Program service revenue$9K3%
Investment income$79K26%
Other revenue$-10K
expenses
Total expenses$218K
Program expenses55%
Admin / overhead45%
Fundraising0%
Salaries & benefits$45K
Grants paid out$120K
Largest expense lineCompensation
balance sheet
Total assets$1.61M
Cash$167K
Investments$1.44M
Liabilities$0
Net assets$1.61M
Liquid reserves88.7 mo
3 years on record · 2020–2024 · YoY revenue +81.2%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| YVONNE CATERNOLO | EXECUTIVE DIRECTOR | 30 | $42K |
board members · 21
- ANTHONY COTRONEO ESQ — DIRECTOR
- CHRISTOPHER CALABRESE ESQ — DIRECTOR
- DANIELA QUALIDIERI — DIRECTOR
- FRANK GUIDO — AT LARGE
- FRANK PAVIA — SECRETARY
- FRANK SORGE — PRESIDENT ELECT
- HON JAMES ALESI — DIRECTOR
- JOEL DIMARCO — VICE PRESIDENT
- JOHN COLARUOTOLO — CO-CHAIRMAN
- LAURA WINKELBAUER — DIRECTOR
- MARCELLO BATTISTI — PAST PRESIDENT
- MARIO DILUIGI — TREASURER
- MARK EIDLIN — DIRECTOR
- MICHAEL TAMBE — CO-CHAIRMAN
- PATRICK MANUEL — DIRECTOR
- PAUL DECAROLIS — DIRECTOR
- PHIL PECORA — PRESIDENT
- RACHEL BARANELLO ESQ — DIRECTOR
- ROBERT PORRETTI — DIRECTOR
- SAMUEL P MERLO ESQ — CHAIRMAN EMERITUS
- SUSAN CALABRESE-CIROCCO — DIRECTOR
relationships · 15
Who they work with
- Aquinas Institute Partner — Scholarship recipient organization
- Bishop Kearney Partner — Scholarship recipient organization
- Cobblestone Creek Country Club Partner — Host venue for the Annual Golf Tournament.
- Genesee Valley Club Partner — Host venue for the Annual Scholarship Gala.
- Hope Hall Partner — Scholarship recipient organization
- Joel DiMarco Partner — Board member of the Italian Heritage Foundation of Rochester
- McQuaid Partner — Scholarship recipient organization
- Michael Tambe Government — Signatory of the Yearbook announcement, listed as contact for sponsorship and submission inquiries.
- Nazareth College Partner — Host institution for Camp Italiano, a supported program
- Our Lady of Mercy Partner — Scholarship recipient organization
- School of the Holy Childhood Partner — Scholarship recipient organization
- St. John Bosco Partner — Scholarship recipient organization
- Various other charitable organizations Partner — Receives donations from the foundation to support their charitable work.
- Yvonne Caternolo Partner — Contact person for donation inquiries via Venmo or credit card.
- private high schools in Monroe County Partner — Receives scholarship funding from the Foundation for students with financial need.
strategies · 3
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Cultural Preservation Through Documentation and Sharingmethodology: cultural-preservation-through-documentationBy documenting and publicly sharing annual events and community activities, we preserve Italian heritage for future generations, because sustained visibility and storytelling maintain cultural continuity and identity.
- Culturally Grounded Fundraising for Community Investmentmethodology: culturally_engaged_fundraisingBy hosting culturally resonant events such as galas and golf tournaments, we strengthen community ties and generate financial support for scholarships, because shared cultural identity increases engagement and philanthropic participation.
- Education as a Pathway to Social Mobilitymethodology: education-for-social-mobilityBy providing scholarships to young people, we enable access to higher education and promote upward social and economic mobility, because educational attainment is a key driver of long-term opportunity and equity.