Louis G Piancone Charitable Foundation Inc
- Assets
- $68.6k
- Revenue
- $18.8k
- Investments
- $56.4k
- Employees
- 0
- Location
- Boynton Beach, FL
- Founding
- 08/1982
- Data as of
- 12/2022
- EIN
- 22-2405305
Organization Overview
Louis G Piancone Charitable Foundation Inc is located in Boynton Beach, FL. The organization was established in 1982. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louis G Piancone Charitable 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, Louis G Piancone Charitable Foundation Inc generated $18.8k 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 (3.5%) each year. All expenses for the organization totaled $48.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Louis G Piancone Charitable Foundation Inc has awarded 301 individual grants totaling $523,617. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis G Piancone Estate Trustee | 0 | $0 | |
Teri C Piancone Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,830 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,844 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,258 |
| Total operating and administrative expenses | $6,493 |
| Contributions, gifts, grants paid | $41,965 |
| Total expenses and disbursements | $48,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,894 |
| Savings and temporary cash investments | $6,317 |
| 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 | $68,587 |
| 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, Louis G Piancone Charitable Foundation Inc has awarded $41,965 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ASCPA PURPOSE: ANIMAL WELFARE | $200 |
DOCTORS WITHOUT BORDERS PURPOSE: MEDICAL SUPPORT | $250 |
BONNIE BRAE PURPOSE: CARE FOR AT-RISK YOUTH | $500 |
DIOCESE OF METUCHEN PURPOSE: RELIGIOUS EDUCATION | $2,000 |
EASTERN CATHOLIC LIFE PURPOSE: RELIGIOUS EDUCATION | $15 |
FOUNDATION FIGHTING BLINDNESS PURPOSE: RESEARCH | $500 |