Defalco Family Foundation
- Assets
- $6.4m
- Revenue
- $255.4k
- Investments
- $6.3m
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 10/1992
- Data as of
- 09/2023
- EIN
- 33-0526533
Organization Overview
Defalco Family Foundation is located in San Diego, CA. The organization was established in 1992. 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. Defalco 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 09/2023, Defalco Family Foundation generated $255.4k 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 (8.4%) each year. All expenses for the organization totaled $414.6k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Defalco Family Foundation has awarded 408 individual grants totaling $3,445,500. 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 |
|---|---|---|---|
Santina J Defalco President | 15 | $20,000 | |
Victoria J Shrewsbury Vice President | 2 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $500 |
| Dividends & Interest | $200,886 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,214 |
| Capital Gain Net Income | $53,214 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $765 |
| Total Revenue | $255,365 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $20 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,744 |
| Total operating and administrative expenses | $114,550 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $414,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $102,568 |
| 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 | $4,914,386 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,377,239 |
| 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, Defalco Family Foundation has awarded $300,000 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
ZOOLOGICAL SOCIETY SAN DIEGO PURPOSE: GREATEST NEED | $15,000 |
PT DEFIANCE ZOOLOGICAL SOCIETY PURPOSE: 5 YR,$100,000 PLEDGE | $20,000 |
ELDER HELP OF SAN DIEGO PURPOSE: GREATEST NEED | $10,000 |
OPTIMIST CLUB FDN POINT LOMA PURPOSE: EDUCATION GRANTS | $10,000 |
ST MARY'S FOOD BANK ALLIANCE PURPOSE: FOOD BANK | $5,000 |
EMERGENCY FOOD NETWORK PURPOSE: GREATEST NEED | $10,000 |