Ferdinand H & Sarah M Cinelli Charitable Tr

Organization Overview

Ferdinand H & Sarah M Cinelli Charitable Tr is located in Yarmouth, ME. The organization was established in 2003. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ferdinand H & Sarah M Cinelli Charitable Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Ferdinand H & Sarah M Cinelli Charitable Tr generated $109.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $95.0k during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Ferdinand H & Sarah M Cinelli Charitable Tr has awarded 12 individual grants totaling $406,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

ETRUSCAN FOUNDATION


SPANNOCCHIA FOUNDATION


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $24,356
Net Rental Income$0
Net Gain on Sale of Assets $85,005
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $109,361

Grants Awarded

Over the last fiscal year, Ferdinand H & Sarah M Cinelli Charitable Tr has awarded $78,000 in support to 2 organizations.

Grant RecipientAmount

ETRUSCAN FOUNDATION

PURPOSE: RESEARCH OF ETRUSCAN CIVILIZATION

$39,000

SPANNOCCHIA FOUNDATION

PURPOSE: RESEARCH OF ETRUSCAN CIVILIZATION

$39,000
View Grant Profile

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