Anthony C Molinari Foundation Inc
- Assets
- $142.3k
- Revenue
- $15.3k
- Investments
- $0.0
- Employees
- 0
- Location
- New City, NY
- Founding
- Data as of
- 12/2016
- EIN
- 16-6039202
Organization Overview
Anthony C Molinari Foundation Inc is located in New City, NY.
For the year ending 12/2016, Anthony C Molinari Foundation Inc generated $15.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (46.5%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2016. 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
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julianne M Butch President | 5 | $0 | |
Richard P Mcnaught Secy/treas | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $123 |
| Dividends & Interest | $15,183 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $349,126 |
| Net ST Capital Gain | $265 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,306 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,702 |
| Total operating and administrative expenses | $6,477 |
| Contributions, gifts, grants paid | $1,387,740 |
| Total expenses and disbursements | $1,394,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,257 |
| Savings and temporary cash investments | $0 |
| 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 | $142,257 |
| 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, Anthony C Molinari Foundation Inc has awarded $1,387,740 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
SIENA COLLEGE PURPOSE: ANNUAL FUND | $166,560 |
HARTWICK COLLEGE PURPOSE: SCHOLARSHIP FUND | $166,560 |
AO FOX HOSPITAL FOUNDATION PURPOSE: COMMUNITY SERVICES | $27,760 |
SUNY ONEONTA PURPOSE: SCOLARSHIP FUND | $138,800 |
ALBANY DIOCESE BISHOP APPEAL PURPOSE: RELIGIOUS CHARITY | $305,350 |
UNITED WAY OTSEGO PURPOSE: COMMUNITY SERVICES | $13,800 |