Andrew And Phyllis D Arrigo Charitable Foundation
- Assets
- $11.3m
- Revenue
- $633.2k
- Investments
- $11.2m
- Employees
- 0
- Location
- Salinas, CA
- Founding
- 02/2015
- Data as of
- 12/2023
- EIN
- 47-2560816
Organization Overview
Andrew And Phyllis D Arrigo Charitable Foundation is located in Salinas, CA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Andrew And Phyllis D Arrigo Charitable 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, Andrew And Phyllis D Arrigo Charitable Foundation generated $633.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (26.2%) each year. All expenses for the organization totaled $537.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Andrew And Phyllis D Arrigo Charitable Foundation has awarded 83 individual grants totaling $3,903,950. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew A D'arrigo President | 2 | $0 | |
Anne C Leach Secretary | 2 | $0 | |
E John Culligan Treasurer/assistant Secretary | 2 | $0 | |
Stephen W Goldman First Vice President | 2 | $0 | |
David Gill Second Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $180,231 |
| Interest on Savings | $0 |
| Dividends & Interest | $263,898 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $189,067 |
| Capital Gain Net Income | $176,572 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20 |
| Total Revenue | $633,216 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,148 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47,250 |
| Total operating and administrative expenses | $87,298 |
| Contributions, gifts, grants paid | $450,000 |
| Total expenses and disbursements | $537,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,770 |
| 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 | $3,911 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,316,296 |
| Accounts payable and accrued expenses | $5,200 |
| 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 | $22,916 |
| Total liabilities | $28,116 |
Grants Awarded
Over the last fiscal year, Andrew And Phyllis D Arrigo Charitable Foundation has awarded $450,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SALINAS REGIONAL SPORTS AUTHORITY PURPOSE: RESTRICTED TO THE CAPITAL CAMPAIGN | $100,000 |
THE SALINAS GIRLS FASTPITCH INC PURPOSE: REPAIRS TO SOFTBALL FACILITY AT THE SALINAS SPORTS COMPLEX | $50,000 |
PALMA SCHOOL PURPOSE: CHAMPIONS CHALLENGE PHASE II | $50,000 |
RANCHO CIELO PURPOSE: RESTRICTED TO THE OUTDOOR KITCHEN AND IMPROVEMENTS TO THE PATIO AREA | $50,000 |
COMMUNITY FOUNDATION FOR MONTEREY COUNTY (CAPRARA) PURPOSE: RESTRICTED TO THE DENNIS AND JANICE CAPRARA COMMUNITY CENTER | $100,000 |
BOYS & GIRLS CLUB OF MONTEREY COUNTY PURPOSE: RESTRICTED TO EXERCISE EQUIPMENT AND FACILITY IMPROVEMENTS RELATED TO THE EXERCISE ROOM | $50,000 |