FOCOLARE FOUNDATION

EIN: 270944965 501(c)(3)

Bronx, NY

Total Revenue
$7,541,468
Total Expenses
$7,327,508
Total Assets
$7,063,824
Net Assets
$194,904
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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
Christian Veldboer
Phone
6468988600
Tax Period
2025-01-01 to 2025-12-31

FOCOLARE FOUNDATION, founded in 2009, is a community nonprofit that reported $7.5M in total revenue in fiscal year 2025. Revenue surged 530% from the prior year, signaling strong growth momentum.

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.

Program Service Accomplishments

Program 1
Expenses: $4,803,555 Revenue: $0

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...

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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. Efforts include a Washington, DC based activity called the Focolare Hub that features Focolare Forum for Dialogue and Culture and interreligious dialogue. The work also includes Racial Equity (Courageous Conversations), the Youth Center for North America (YCNA), and other activities of the Focolare Movement aimed at breaking down barriers through the spirituality of unity, implementing Jesus' prayer to the Father that all may be one (cf. Jn 17).

Program 2
Expenses: $1,596,481 Revenue: $0

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...

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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 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.

Program 3
Expenses: $250,977 Revenue: $0

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...

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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.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $7,293,071
Program Service Revenue $54,835
Investment Income $92,888
Other Revenue $100,674
TOTAL REVENUE $7,541,468

Expense Breakdown

Grants Paid $7,201,227
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,236,487
Other Expenses $126,281
TOTAL EXPENSES $7,327,508

Year-over-Year Comparison

2025 2024 Change
Revenue $7,541,468 $1,196,588 +5.3%
Expenses $7,327,508 $1,213,016 +5.0%
Net Income $213,960 $-16,428 -14.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
5
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Emery Koenig Director, Chair Person 2
Officer Director
$0 $0 $0
John Chesser Director 2
Director
$0 $0 $0
Christine Tsui Director, Vice Chair Person 2
Officer Director
$0 $0 $0
Maria Teresa Fronza Director, Treasurer 2
Officer Director
$0 $0 $0
Domenico Casella Director, Secretary 2
Officer Director
$0 $0 $0
Christian Veldboer Executive Director 40
Key Emp
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $7,541,468 $7,327,508 $7,063,824 $213,960
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