Beth C Tortolani Foundation Ltd
- Assets
- $127.0k
- Revenue
- $59.8k
- Investments
- $0.0
- Employees
- 1
- Location
- East Rockaway, NY
- Founding
- 01/2003
- Data as of
- 12/2022
- EIN
- 11-3350489
Organization Overview
Beth C Tortolani Foundation Ltd is located in East Rockaway, NY. The organization was established in 2003. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beth C Tortolani Foundation Ltd 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, Beth C Tortolani Foundation Ltd generated $59.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $52.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Beth C Tortolani Foundation Ltd has awarded 41 individual grants totaling $886,084. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INFORM AND ASSIST THOSE WITH BREAST CANCER
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PLANS AN ANNUAL DINNER DANCE. A GUEST SPEAKER IS RETAINED AND THE EVENT IS A FORMAL AFFAIR. TICKETS ARE SOLD FOR THE EVENT IN ADDITION TO ADVERTISING IN THE COMMERORATIVE JOURNAL. THE PROCEEDS ARE DISTRIBUTED, AS GRANTS, TO VARIOUS ORGANIZATIONS WHICH PROVIDE ASSISTANCE TO WOMEN WITH BREAST CANCER. SOME OF THESE ORGANIZATIONS INCLUDE LEAN ON ME, SHARE AND ST. BARNABAS. THESE ORGANIZATIONS, AMONG OTHERS, HAVE PROVIDED GREAT HELP BOTH PHYSICALLY AND MENTALLY TO THOSE AFFECTED BY BREAST CANCER. DUE TO COVID-19 RESTRICTIONS A DANCE WAS NOT HELD FOR THE YEAR 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annmarie Fried President | Trustee | 5 | $0 |
Connie Fontana Treasurer | Trustee | 5 | $0 |
Anthony J Tortolani Chairman | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $87,261 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,709 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,970 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$32,161 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $59,809 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,012 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,458 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,355 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $950 |
| All other expenses | $75 |
| Total functional expenses | $52,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,537 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $127,037 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,417 |
| Total liabilities | $1,417 |
| Net assets without donor restrictions | $125,620 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $127,037 |
Grants Awarded
Over the last fiscal year, Beth C Tortolani Foundation Ltd has awarded $0 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ADELPHI UNIVERSITY PURPOSE: BREAST CANCER SUPPORT | $0 |
SID JACOBSON JEWISH COMMUNITY CENTER PURPOSE: BREAST CANCER SUPPORT | $0 |
LEAN ON ME PURPOSE: BREAT CANCER SUPPORT | $0 |
SHARE PURPOSE: BREAST CANCER SUPPORT | $0 |
BREAST CANCER COMFORT FOUNDATION PURPOSE: BREAST CANCER SUPPORT | $0 |
ST BARNABAS HOSPITAL PURPOSE: BREAST CANCER SUPPORT | $0 |