Curcio Family Foundation
- Assets
- $2.0m
- Revenue
- $288.1k
- Investments
- $1.6m
- Employees
- 0
- Location
- Hermosa Beach, CA
- Founding
- 03/2015
- Data as of
- 12/2023
- EIN
- 47-2220532
Organization Overview
Curcio Family Foundation is located in Hermosa Beach, CA. The organization was established in 2015. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Curcio 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 12/2023, Curcio Family Foundation generated $288.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $120.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19,685 |
| Dividends & Interest | $12,346 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $256,038 |
| Capital Gain Net Income | $256,038 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $288,069 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $7,461 |
| Taxes | $15 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,320 |
| Total operating and administrative expenses | $20,534 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $120,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,789 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $387,505 |
| 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 | $1,389,510 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,012,804 |
| 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, Curcio Family Foundation has awarded $360,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
EVANS SCHOLARS PURPOSE: GENERAL FUND | $100,000 |
NATIONAL HELLENIC MUSEUM PURPOSE: GENERAL FUND | $5,000 |
MISERICORDIA PURPOSE: GENERAL FUND | $5,000 |
GLOBAL CITIZENSHIP EXPERIENCE LAB SCHOOL PURPOSE: GENERAL FUND | $250,000 |