Francesco And Mary Giambelli Foundation Inc
- Assets
- $30.6m
- Revenue
- $1.5m
- Investments
- $29.6m
- Employees
- 0
- Location
- Woodbury, NY
- Founding
- 10/2014
- Data as of
- 12/2020
- EIN
- 46-3230605
Organization Overview
Francesco And Mary Giambelli Foundation Inc is located in Woodbury, NY. The organization was established in 2014. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Francesco And Mary Giambelli 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 12/2020, Francesco And Mary Giambelli Foundation Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $2.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Francesco And Mary Giambelli Foundation Inc has awarded 102 individual grants totaling $4,342,735. 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 |
|---|---|---|---|
Angelo Vivolo Director / President | 5 | $50,000 | |
Justine Devito Tenney Director / Treasurer | 6 | $50,000 | |
Claudio Devellis Director / Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $578,336 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $881,054 |
| Capital Gain Net Income | $834,429 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,459,390 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25,467 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $188 |
| Printing and publications | $0 |
| Other expenses | $102,918 |
| Total operating and administrative expenses | $635,621 |
| Contributions, gifts, grants paid | $1,452,005 |
| Total expenses and disbursements | $2,087,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $952,409 |
| 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 | $19,186,455 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $30,582,435 |
| 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, Francesco And Mary Giambelli Foundation Inc has awarded $1,767,750 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
ITALIAN LANGUAGE FDTN PURPOSE: CULTURAL | $170,000 |
CATHOLIC CHARITIES PURPOSE: CHARITABLE | $150,000 |
New York, NY PURPOSE: CULTURAL | $145,000 |
THE PARTNERSHIP FOR INNER CITY EDUCATION PURPOSE: EDUCATION | $75,000 |
FOOD BANK FOR NYC PURPOSE: CHARITABLE | $75,000 |
Hyde Park, NY PURPOSE: EDUCATION | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Japan Society Inc New York, NY | $91,776,832 | $10,515,982 |
Kutztown University Foundation Kutztown, PA | $74,779,996 | $14,561,087 |
French Institute-Alliance Francaise New York, NY | $24,965,114 | $8,095,199 |
Center For Jewish History Inc New York, NY | $52,466,984 | $9,804,079 |
Japanese Childrens Society Inc Englewood Cliffs, NJ | $6,760,346 | $7,633,011 |
National Yiddish Book Center Inc Amherst, MA | $63,979,400 | $12,290,218 |
Hispanic Society Of America New York, NY | $100,790,486 | $5,124,176 |
Columbus Citizens Foundation Inc New York, NY | $32,932,983 | $6,043,809 |
Swiss Institute New York, NY | $5,483,468 | $4,486,430 |
Greater Philadelphia Falun Dafa Association Philadelphia, PA | $1,063,316 | $4,579,656 |
The Workmens Circle Arbeter Ring Incorporated New York, NY | $40,155,204 | $3,248,855 |
An Claidheamh Soluis Inc New York, NY | $72,072,476 | $13,153,865 |