Aldo Dedominicis Foundation Inc
- Assets
- $847.2k
- Revenue
- $78.7k
- Investments
- $794.2k
- Employees
- 0
- Location
- Hamden, CT
- Founding
- 09/1979
- Data as of
- 12/2022
- EIN
- 06-1002402
Organization Overview
Aldo Dedominicis Foundation Inc is located in Hamden, CT. The organization was established in 1979. 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. Aldo Dedominicis Foundation Inc 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 12/2022, Aldo Dedominicis Foundation Inc generated $78.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $145.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Aldo Dedominicis Foundation Inc has awarded 421 individual grants totaling $608,458. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dante Dedominicis President | 1 | $6,000 | |
Fred D Sette Secretary | 1 | $6,000 | |
Enzo Dedominicis Director | 1 | $6,000 | |
Robert Mcnally Director | 1 | $6,000 | |
Luisa Dedominicis Director | 1 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $370 |
| Dividends & Interest | $27,632 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,732 |
| Capital Gain Net Income | $50,732 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $78,734 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,499 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,101 |
| Printing and publications | $0 |
| Other expenses | $300 |
| Total operating and administrative expenses | $64,365 |
| Contributions, gifts, grants paid | $81,000 |
| Total expenses and disbursements | $145,365 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,953 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $847,171 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Aldo Dedominicis Foundation Inc has awarded $81,000 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
AMITY CHARITABLE TRUST PURPOSE: AMITY GOLF CLASSIC - 2022 39 ANNUAL SPONSOR | $5,000 |
CAMP COURANT PURPOSE: GENERAL SUPPORT FOR UNDERPRIVILEGED CHILDREN | $500 |
ARTS & IDEAS NEW HAVEN PURPOSE: GENERAL SUPPORT FOR THE ARTS | $2,500 |
CHESHIRE COMMUNITY FOOD PANTRY INC PURPOSE: GENERAL SUPPORT FOR THE SOUP KITCHEN | $1,000 |
CHRIST THE BREAD OF LIFE PARISH CENTER PURPOSE: GENERAL SUPPORT FOR THE SOUP KITCHEN | $1,000 |
ARCHBISHOP'S ANNUAL APPEAL PURPOSE: GENERAL SUPPORT FOR SOCIAL SERVICES | $500 |