Caroline Previdi Foundation Inc
- Assets
- $1.2m
- Revenue
- $171.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Newtown, CT
- Founding
- 12/2013
- Data as of
- 12/2021
- EIN
- 46-2585069
Organization Overview
Caroline Previdi Foundation Inc is located in Newtown, CT. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public 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. Caroline Previdi Foundation Inc 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 12/2021, Caroline Previdi Foundation Inc generated $171.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $71.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SCHOLARSHIPS FOR CHILDREN TO PARTICIPATE IN ACTIVITIES WHO NEED FINANCIAL ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SCHOLARSHIPS FOR CHILDREN IN NEWTOWN AND SURROUNDING COMMUNITIES IN FINANCIAL NEED TO PARTICIPATE IN EXTRACURRICULAR ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Previdi Vice President | OfficerTrustee | 15 | $0 |
Gene Previdi Treasurer | OfficerTrustee | 10 | $0 |
Sandy Previdi President | OfficerTrustee | 15 | $0 |
Kc Ihlefeld Secretary | OfficerTrustee | 5 | $0 |
Julie Crater Director | Trustee | 5 | $0 |
Jane Casanta Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $124,128 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,128 |
| Total Program Service Revenue | $0 |
| Investment income | $11,211 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34,756 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,328 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $171,423 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $68,051 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $690 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $202 |
| Total functional expenses | $71,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,901 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,976 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,050,128 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,163,005 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10 |
| Total liabilities | $10 |
| Net assets without donor restrictions | $1,162,995 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,163,005 |
Grants Awarded
Over the last fiscal year, Caroline Previdi Foundation Inc has awarded $21,375 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AC CONNECTICUT PURPOSE: Scholarships | $7,300 |
Brookfield, CT PURPOSE: Scholarships | $7,250 |
CONNECTICUT MARTIAL ARTS PURPOSE: Scholarships | $6,825 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Caroline Previdi Foundation Inc has recieved totaling $6,524.
| Awarding Organization | Amount |
|---|---|
Savings Bank Of Danbury Foundation Inc Danbury, CT PURPOSE: EXEMPT PURPOSES | $2,500 |
Savings Bank Of Danbury Foundation Inc Danbury, CT PURPOSE: EXEMPT PURPOSES | $2,500 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $780 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $384 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $360 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Good Nation Foundation Inc New York, NY | $2,105,948 | $9,558,970 |
New York Times Neediest Cases Fund New York, NY | $66,331,518 | $11,554,497 |
Enveritas Inc New York, NY | $2,653,436 | $10,002,673 |
Rodef Chesed Brooklyn, NY | $766,824 | $8,077,248 |
Tomchai Torah Beretz Yisrael Inc Monsey, NY | $767,829 | $7,981,285 |
American Friends Of The Royal Foundation Of The Duke And Duchess Newtown, MA | $2,911,496 | $8,616,320 |
Mccourt Foundation Inc Braintree, MA | $29,762,470 | $6,917,849 |
Virgin Unite Usa Inc New York, NY | $4,075,760 | $3,415,307 |
Mosdos Hatorah Vhachesed Of Pnei Menachem Inc Brooklyn, NY | $56,343 | $6,197,826 |
The Red Sox Foundation Inc Boston, MA | $19,048,615 | $7,450,414 |
Iranian American Jewish Federation Great Neck, NY | $8,464,426 | $7,729,135 |
Bend The Arc-A Jewish Partnership For Justice New York, NY | $14,031,753 | $6,022,262 |