Venetos Foundation Inc
- Assets
- $221.1k
- Revenue
- $7.7k
- Investments
- $215.8k
- Employees
- 0
- Location
- Burlington, VT
- Founding
- 12/1967
- Data as of
- 12/2022
- EIN
- 13-6224081
Organization Overview
Venetos Foundation Inc is located in Burlington, VT. The organization was established in 1967. 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. Venetos 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, Venetos Foundation Inc generated $7.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $15.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
VENETOS FOUNDATION GAVE FINANCIAL SUPPORT TO 24 ORGANIZATONS WITH A MISSION OF EDUCATION, 5 ORGANIZATIONS WITH A MISSION OF RELIEVING POVERTY AND 5 RELIGIOUS ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugene Bergman President | 0.25 | $0 | |
Keith Bergman Vice-President | 0.25 | $0 | |
Jill Bergman Secy-Treasurer | 0.25 | $0 | |
Wendy Coe Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,685 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $5,628 |
| Net ST Capital Gain | $658 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,685 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $451 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,780 |
| Total operating and administrative expenses | $3,698 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $15,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,290 |
| 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 | $221,083 |
| 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, Venetos Foundation Inc has awarded $12,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
LOCAL MOTION PURPOSE: MENTAL HEALTH | $100 |
FIRST UU SOCIETY OF BURLINGTON PURPOSE: RELIGIOUS | $1,600 |
MIGRANT JUSTICE PURPOSE: EDUCATION | $300 |
FRIENDS OF FLETCHER FREE LIBRARY PURPOSE: EDUCATION | $200 |
UU ROWE CENTER PURPOSE: RELIGIOUS | $200 |
CENTER FOR MEDIA DEMOCRACY PURPOSE: EDUCATION | $200 |