Domenica Foundation Inc
- Assets
- $8.4m
- Revenue
- $591.6k
- Investments
- $4.5m
- Employees
- 0
- Location
- Haddon Township, NJ
- Founding
- 10/2007
- Data as of
- 11/2023
- EIN
- 20-3904706
Organization Overview
Domenica Foundation Inc is located in Haddon Township, NJ. The organization was established in 2007. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Domenica 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 11/2023, Domenica Foundation Inc generated $591.6k 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 (15.1%) each year. All expenses for the organization totaled $1.1m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Domenica Foundation Inc has awarded 154 individual grants totaling $5,017,155. 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.
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 |
|---|---|---|---|
Adolph Piperno President | 8 | $0 | |
Dominic Piperno Treasurer | 2 | $0 | |
Anthony Piperno Secretary | 2 | $0 | |
Margarete Piperno Vice President | 2 | $0 | |
Elena Piperno Vice President | 40 | $64,523 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $76,944 |
| Interest on Savings | $0 |
| Dividends & Interest | $167,953 |
| Net Rental Income | $31,494 |
| Net Gain on Sale of Assets | $216,124 |
| Capital Gain Net Income | $216,124 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $591,565 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $64,523 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3,756 |
| Taxes | $64,934 |
| Depreciation | $30,755 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $62,869 |
| Total operating and administrative expenses | $255,103 |
| Contributions, gifts, grants paid | $839,250 |
| Total expenses and disbursements | $1,094,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $349,294 |
| 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 | $2,727,516 |
| Other assets | $784,686 |
| Total assets | $8,375,845 |
| 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 | $629,213 |
| Total liabilities | $629,213 |
Grants Awarded
Over the last fiscal year, Domenica Foundation Inc has awarded $839,250 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CAMDEN CATHOLIC HIGH SCHOOL PURPOSE: GENERAL PURPOSES | $124,000 |
CAMDEN COMMUNITY PARTNERSHIP PURPOSE: GENERAL PURPOSES | $35,000 |
CATHEDRAL KITCHEN PURPOSE: GENERAL PURPOSES | $20,000 |
CATHOLIC PARTNERSHIP SCHOOLS PURPOSE: GENERAL PURPOSES | $225,000 |
CRISTO REY PHILADELPHIA PURPOSE: GENERAL PURPOSES | $7,500 |
GLOUCESTER CATHOLIC HIGH SCHOOL PURPOSE: GENERAL PURPOSES | $44,500 |