Cinque Foundation Inc

Organization Overview

Cinque Foundation Inc is located in Fair Lawn, NJ. The organization was established in 2008. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cinque 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 06/2022, Cinque Foundation Inc generated $26.9k 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 (3.7%) each year. All expenses for the organization totaled $25.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE, FORM AND ESTABLISH A PRIVATE FOUNDATION TO PROMOTE, FURTHER AND SUPPORT SELECTED CHARITABLE ACTIVITIES THROUGH GRANTS, FUNDING AND FINANCIAL ASSISTANCE TO VARIOUS INDIVIDUALS, INSTITUTIONS AND ORGANIZATIONS. THE FUNDS WILL BE USED FOR CHARITABLE, SCIENTIFIC AND BENEVOLENT PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDED A GRANT OF $10,000 TO THE ALS ASSOCIATION GREATER NEW YORK CHAPTER TO FURTHER RESEARCH AND AWARENESS OF ALS. IN ADDITION TO AIDING RESEARCH EFFORTS FOR ALS, THE FOUNDATION ALSO PROVIDED GRANTS TO THE COMMUNITY FOOD BANK OF NJ AND EVA'S KITCHEN TO COMBAT HUNGER AND POVERTY IN THE AMOUNTS OF $10,000 AND $5,000, RESPECTIVELY.


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Board, Officers & Key Employees

Name (title)Compensation
Salvatore Bulone
Director, Treasurer
$0
Marc Cinque
Director, President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$26,850
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$26,850
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $26,850

Grants Awarded

Over the last fiscal year, Cinque Foundation Inc has awarded $20,000 in support to 2 organizations.

Grant RecipientAmount

ALS ASSOCIATION GREATER NEW YORK CHAPTER

Org PageRecipient Profile

New York, NY

PURPOSE: TO FURTHER THE SUPPORT OF THE ORGANIZATION FOR THE CURE OF ALS

$10,000

COMMUNITY FOOD BANK OF NEW JERSEY INC

Org PageRecipient Profile

Hillside, NJ

PURPOSE: TO SUPPORT THE FIGHT AGAINST HUNGER AND POVERTY

$10,000
View Grant Profile

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