The@robert And Angela Ortenzio Family Foundation
- Assets
- $3.3m
- Revenue
- $495.8k
- Investments
- $2.8m
- Employees
- 0
- Location
- Mechanicsburg, PA
- Founding
- 01/2004
- Data as of
- 12/2022
- EIN
- 25-6843186
Organization Overview
The@robert And Angela Ortenzio Family Foundation is located in Mechanicsburg, PA. The organization was established in 2004. 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. The@robert And Angela Ortenzio Family Foundation 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, The@robert And Angela Ortenzio Family Foundation generated $495.8k 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 (12.5%) each year. All expenses for the organization totaled $246.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, The@robert And Angela Ortenzio Family Foundation has awarded 61 individual grants totaling $6,143,100. 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 |
|---|---|---|---|
Robert A Ortenzio Trustee | 0.25 | $0 | |
Angela D Ortenzio Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $297,125 |
| Interest on Savings | $0 |
| Dividends & Interest | $192,513 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,180 |
| Capital Gain Net Income | $6,180 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $495,818 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,004 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,915 |
| Total operating and administrative expenses | $33,879 |
| Contributions, gifts, grants paid | $212,500 |
| Total expenses and disbursements | $246,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $484,950 |
| 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 | $4,963 |
| Total assets | $3,328,096 |
| 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, The@robert And Angela Ortenzio Family Foundation has awarded $212,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NOTRE DAME PURPOSE: ORGANIZATIONS EXEMPT PURPOSE | $25,000 |
UNIVERSITY OF NOTRE DAME BANGLADESH PURPOSE: ORGANIZATIONS EXEMPT PURPOSE | $25,000 |
CATHEDRAL PARISH OF SAINT PATRICK PURPOSE: ORGANIZATIONS EXEMPT PURPOSE | $100,000 |
ELIZABETHTOWN COLLEGE PURPOSE: ORGANIZATIONS EXEMPT PURPOSE | $25,000 |
DIOCESE OF HARRISBURG PURPOSE: ORGANIZATIONS EXEMPT PURPOSE | $5,000 |
CEDAR CLIFF HIGH SCHOOL PURPOSE: ORGANIZATIONS EXEMPT PURPOSE | $2,500 |