John And Helen Timo Foundation
- Assets
- $4.2m
- Revenue
- $94.6k
- Investments
- $4.2m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 45-5288194
Organization Overview
John And Helen Timo Foundation is located in Wilmington, DE. The organization was established in 2014. 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. John And Helen Timo 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, John And Helen Timo Foundation generated $94.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $190.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, John And Helen Timo Foundation has awarded 111 individual grants totaling $424,204. 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
1989 DOCUMENTARY-DOCUMENTARY VIDEO TELLING THE STORY OF THE POST-VELVET REVOLUTION 1989 CARPATHO-RUSYN CULTURAL REVIVAL, TOLD BY THOSE WHO LED IT
BOOK TRANSLATION DCA-THIS PROJECT,INVOLVING PETRO MURIANKA'S MEMOIR, A WISLA DALEJ PLYNIE, WILL TRANSLATE THE BOOK INTO ENGLISH, AND PROMOTE AND DISTRIBUTE IT TO THE PUBLIC
FINE ARTS - RELATED TO FINE AND CONTEMPORARY CARPATHO-RUSYN ARTWORK IN SUPPORT OF OUR MISSION TO EDUCATE OTHERS AND PROMOTE OUR TREASURED CULTURE AND FAITH
ALTAR LINENS AND VESTMENTS - TO SUPPORT THE ST. JOHN CHRYSOSTOM BYZANTINE CATHOLIC CHURCH IN PITTSBURGH, PA AND SMALL WOMEN-RUN BUSINESS IN UKRAINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Silvestri Dir, Pres | 25 | $39,354 | |
Mary Catherine Silvestri Dir, Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $120 |
| Dividends & Interest | $119,193 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,664 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $94,649 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $39,354 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $6,708 |
| Interest | $0 |
| Taxes | $1,200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $23,098 |
| Printing and publications | $1,661 |
| Other expenses | $31,978 |
| Total operating and administrative expenses | $116,640 |
| Contributions, gifts, grants paid | $73,819 |
| Total expenses and disbursements | $190,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,844 |
| 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 | $26,823 |
| Total assets | $4,243,043 |
| 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, John And Helen Timo Foundation has awarded $73,819 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BULGARIAN-MACEDONIAN NATIONAL EDUCATIONAL AND CULT PURPOSE: CHARITABLE EVENT | $2,000 |
CARPATHO RUSYN RESEARCH CENTER PURPOSE: WITH THEIR BACKS TO THE MOUNTAINS - UKRAINIAN LANGUAGE TRANSLATION | $10,000 |
CARPATHO RUSYN RESEARCH CENTER PURPOSE: RUSYN LANGUAGE INSTRUCTION | $5,000 |
CARPATHO RUSYN RESEARCH CENTER PURPOSE: GENERAL & UNRESTRICTED | $16,000 |
CARPATHO RUSYN RESEARCH CENTER PURPOSE: OTTSIUZNYNA JOURNAL | $1,500 |
CARPATHO RUSYN SOCIETY PURPOSE: GENERAL & UNRESTRICTED | $12,000 |