Difiore Family Foundation
- Assets
- $1.1m
- Revenue
- $52.7k
- Investments
- $924.0k
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 06/2008
- Data as of
- 12/2022
- EIN
- 26-1309605
Organization Overview
Difiore Family Foundation is located in Salt Lake City, UT. The organization was established in 2008. 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. Difiore 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, Difiore Family Foundation generated $52.7k 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 (12.4%) each year. All expenses for the organization totaled $119.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Difiore Family Foundation has awarded 65 individual grants totaling $493,260. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT CHARITABLE EDUCATIONAL ENVIRONMENTAL OR CULTURAL CHARITIES AND MAKE CONTRIBUTIONS TO OTHER 501C3 CHARITABLE ORGANIZATIONS
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 |
|---|---|---|---|
Kent C Difiore President | 0 | $0 | |
Martha R Humphrey Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,567 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,160 |
| Capital Gain Net Income | $32,160 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $52,727 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $50 |
| Taxes | $1,999 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $70 |
| Printing and publications | $0 |
| Other expenses | $1,880 |
| Total operating and administrative expenses | $11,998 |
| Contributions, gifts, grants paid | $107,000 |
| Total expenses and disbursements | $118,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $186 |
| Savings and temporary cash investments | $139,989 |
| 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 | $1,064,129 |
| Accounts payable and accrued expenses | $1,820 |
| 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 | $1,820 |
Grants Awarded
Over the last fiscal year, Difiore Family Foundation has awarded $107,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
PBS UT PURPOSE: GENERAL SUPPORT | $12,500 |
NATURAL HISTORY MUSEUM PURPOSE: GENERAL SUPPORT | $26,000 |
UTAH SYMPHONY OPERA PURPOSE: GENERAL SUPPORT | $10,000 |
KUER PURPOSE: GENERAL SUPPORT | $12,500 |
BALLET WEST PURPOSE: GENERAL SUPPORT | $25,000 |
U OF U FILM MEDIA ARTS PURPOSE: GENERAL SUPPORT | $11,000 |