The Negri Foundation A California Nonprofit Public Benefit
- Assets
- $2.3m
- Revenue
- $99.3k
- Investments
- $2.1m
- Employees
- 0
- Location
- San Marino, CA
- Founding
- 09/1991
- Data as of
- 12/2023
- EIN
- 33-0432347
Organization Overview
The Negri Foundation A California Nonprofit Public Benefit is located in San Marino, CA. The organization was established in 1991. 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. Negri Foundation A California Nonprofit Public Benefit 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 12/2023, Negri Foundation A California Nonprofit Public Benefit generated $99.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (32.9%) each year. All expenses for the organization totaled $263.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Negri Foundation A California Nonprofit Public Benefit has awarded 194 individual grants totaling $1,282,716. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION CONTRIBUTES TO OTHER QUALIFIED CHARIITIES FOR THEIR USE MAJOR AREAS OF BENEFIT ARE HOMELESS DISADVANTAGED YOUTH AND ENVIRONMENT PRESERVATION
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $118,658 |
| Interest on Savings | $1 |
| Dividends & Interest | $56,577 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$75,909 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $99,327 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $79,700 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $4,364 |
| Interest | $438 |
| Taxes | $7,534 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $28 |
| Printing and publications | $0 |
| Other expenses | $9,756 |
| Total operating and administrative expenses | $131,040 |
| Contributions, gifts, grants paid | $132,250 |
| Total expenses and disbursements | $263,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,733 |
| Savings and temporary cash investments | $226,059 |
| 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 | $14,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,322,983 |
| 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 Negri Foundation A California Nonprofit Public Benefit has awarded $132,250 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
CHRONICLES GROUP PURPOSE: CLIMATE CRISIS | $10,000 |
HUNTINGTON MUSEUM LIBRARY PURPOSE: BOTANICAL RESEARCH | $2,500 |
BOYS GIRLS CLUB OF SOUTH BAY PURPOSE: YOUTH SUPPORT | $15,000 |
CAMINO REAL COMMUNITY THEATER PURPOSE: SUPPORT FOR COMMUNITY ARTS | $4,000 |
BEAT THE STREETS PURPOSE: URGENT YOUTH SOCIAL NEEDS | $7,000 |
ASSISTANCE LEAGUE OF SAN PEDRO PURPOSE: COMMUNITY PROGRAMS FOR THE POOR | $7,500 |