Grace Roberti Foundation
- Assets
- $1.6m
- Revenue
- $30.7k
- Investments
- $1.6m
- Employees
- 0
- Location
- Woodstock, IL
- Founding
- 08/2001
- Data as of
- 12/2023
- EIN
- 36-4401144
Organization Overview
Grace Roberti Foundation is located in Woodstock, IL. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Grace Roberti 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 12/2023, Grace Roberti Foundation generated $30.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (25.4%) each year. All expenses for the organization totaled $108.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Grace Roberti Foundation has awarded 169 individual grants totaling $561,000. 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
CONTRIBUTIONS TO OTHER 501C3 CHARITABLE AND RELIGIOUS ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maribeth Roberti President | 5 | $0 | |
Laura-Lee Schwefel Secretary | 1 | $0 | |
Joan Roberti Director | 1 | $0 | |
Christopher Roberti Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $51,990 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$21,276 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,714 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,072 |
| Total operating and administrative expenses | $18,632 |
| Contributions, gifts, grants paid | $90,000 |
| Total expenses and disbursements | $108,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,803 |
| Savings and temporary cash investments | $0 |
| 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 | $205,281 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,647,895 |
| 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, Grace Roberti Foundation has awarded $90,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
LFLB SENIOR CITIZENS FDN PURPOSE: CHARITY | $500 |
SMILE TRAIN PURPOSE: CHARITY | $500 |
BOYS HOPE PURPOSE: CHARITY | $1,000 |
CIA OFFICERS MEM FD PURPOSE: CHARITY | $4,000 |
MERCY HOME FOR BOYS GIRLS PURPOSE: CHARITY | $5,000 |
LITTLE BROTHERS PURPOSE: CHARITY | $1,000 |