William M And Alyce Cafaro Family Foundation
- Assets
- $25.7m
- Revenue
- $640.4k
- Investments
- $24.6m
- Employees
- 0
- Location
- Niles, OH
- Founding
- 01/1998
- Data as of
- 03/2023
- EIN
- 31-1550874
Organization Overview
William M And Alyce Cafaro Family Foundation is located in Niles, OH. The organization was established in 1998. 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. William M And Alyce Cafaro 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 03/2023, William M And Alyce Cafaro Family Foundation generated $640.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.1%) each year. All expenses for the organization totaled $2.0m during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, William M And Alyce Cafaro Family Foundation has awarded 1,016 individual grants totaling $4,994,516. 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 |
|---|---|---|---|
Anthony M Cafaro Trustee | 5 | $0 | |
Capri S Cafaro Trustee | 5 | $0 | |
William A Cafaro Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $329,842 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $294,682 |
| Capital Gain Net Income | $294,682 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,405 |
| Total Revenue | $640,429 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3,257 |
| Taxes | $32,997 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $246 |
| Total operating and administrative expenses | $163,786 |
| Contributions, gifts, grants paid | $1,844,869 |
| Total expenses and disbursements | $2,008,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,476 |
| 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 | $2,776,085 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,040,849 |
| Total assets | $25,718,642 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $269,566 |
| 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 | $269,566 |
Grants Awarded
Over the last fiscal year, William M And Alyce Cafaro Family Foundation has awarded $1,844,869 in support to 396 organizations.
| Grant Recipient | Amount |
|---|---|
A STEP AHEAD IN PIERCE COUNTY PURPOSE: GENERAL PURPOSE | $500 |
AKRON CHILDREN'S HOSPITAL OF THE MAHONING VALLEY PURPOSE: GENERAL PURPOSE | $50,000 |
ABILITY WORKS INC PURPOSE: GENERAL PURPOSE | $500 |
AKRON CHILDREN'S HOSPITAL FOUNDATION PURPOSE: GENERAL PURPOSE | $2,500 |
AKRON CHILDREN'S HOSPITAL OF THE MAHONING VALLEY PURPOSE: GENERAL PURPOSE | $50,000 |
AKRON CHILDREN'S HOSPITAL OF THE MAHONING VALLEY PURPOSE: GENERAL PURPOSE | $50,000 |