Kefalas-Pinto Foundation Inc is located in Kill Devil Hills, NC. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kefalas-Pinto 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 12/2021, Kefalas-Pinto Foundation Inc generated $111.9k 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 (8.7%) each year. All expenses for the organization totaled $58.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kefalas-Pinto Foundation Inc has awarded 89 individual grants totaling $421,012. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vito A Pinto Trustee | 0 | $0 | |
Peter J Pinto Trustee | 0 | $0 | |
Alexis M Pinto Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $52,500 |
Interest on Savings | $0 |
Dividends & Interest | $23,315 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $36,647 |
Capital Gain Net Income | $36,647 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | -$539 |
Total Revenue | $111,923 |
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 | $10,460 |
Total operating and administrative expenses | $14,260 |
Contributions, gifts, grants paid | $44,500 |
Total expenses and disbursements | $58,760 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $250,861 |
Savings and temporary cash investments | $13,155 |
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 | $50,000 |
Net Land, buildings, and equipment | $0 |
Other assets | -$112,285 |
Total assets | $1,217,699 |
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 |
Over the last fiscal year, Kefalas-Pinto Foundation Inc has awarded $44,500 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
West Orange, NJ PURPOSE: GENERAL PURPOSE | $15,000 |
JESUS AND YOU OUTREACH MINISTRIES INC PURPOSE: GENERAL PURPOSE | $7,000 |
Rocky Mount, NC PURPOSE: GENERAL PURPOSE | $5,000 |
FRONTLINE FOCUS FOUNDATION INC PURPOSE: GENERAL PURPOSE | $5,000 |
THE ARC FOUNDATION OF SOMERSET COUNTY PURPOSE: GENERAL PURPOSE | $3,000 |
WEST JUPITER COMMUNITY GROUP INC EDNA W RUNNER TUTORIAL CENTER PURPOSE: GENERAL PURPOSE | $2,200 |
Organization Name | Assets | Revenue |
---|---|---|
Beemok Family Foundation Charleston, SC | $51,753,352 | $227,490 |
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Laura Holland Uzzell Foundation Morrisville, NC | $14,769,987 | $6,660,101 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |
Chi Omega Foundation Memphis, TN | $45,483,838 | $7,373,045 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,140,941 | $10,389,838 |
Memphis Teacher Residency Inc Memphis, TN | $5,540,031 | $6,575,161 |
South Carolina Educational Credit For Exceptional Needs Children Fun Columbia, SC | $1,181,238 | $5,546,279 |
Coca-Cola Scholars Foundation Inc Atlanta, GA | $71,605,468 | $31,599,185 |