Spirol International Charitable Foundation Inc
- Assets
- $689.8k
- Revenue
- $229.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Danielson, CT
- Founding
- 05/2005
- Data as of
- 12/2022
- EIN
- 51-0494974
Organization Overview
Spirol International Charitable Foundation Inc is located in Danielson, CT. The organization was established in 2005. 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. Spirol International Charitable 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 12/2022, Spirol International Charitable Foundation Inc generated $229.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $86.3k during the year ending 12/2022. While expenses have increased by 3.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Spirol International Charitable Foundation Inc has awarded 69 individual grants totaling $1,245,750. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS FOR SECONDARY EDUCATION 9 RECIPIENTS
WOODSTOCK ACADEMY INSPIRE 150 CAMPAIGN
TEEG ALL STAR ADVENTURE PROGRAM
RECTORY SCHOOL CAPITAL CONTRIBUTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick J Lefebvre Treasurer | 2 | $0 | |
Hans H Koehl Chairman | 1 | $0 | |
Jeffrey F Koehl President | 1 | $0 | |
William R Hunt Trustee | 1 | $0 | |
Jaime Shaw Secretary | 1 | $0 | |
James C Shaw Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $220,000 |
| Interest on Savings | $438 |
| Dividends & Interest | $8,620 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $229,058 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $98 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,845 |
| Contributions, gifts, grants paid | $84,500 |
| Total expenses and disbursements | $86,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $298 |
| Savings and temporary cash investments | $689,532 |
| 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 | $0 |
| Total assets | $689,830 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $291,500 |
| 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 | $291,500 |
Grants Awarded
Over the last fiscal year, Spirol International Charitable Foundation Inc has awarded $413,750 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
WOODSTOCK ACADEMY PURPOSE: INSPIRE 150 CAPITAL RENOVATION | $30,000 |
RECTORY SCHOOL PURPOSE: CAPITAL IMPROVEMENT SCIENCE CENTER | $20,000 |
QUINNEBAUG VALLEY COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $3,000 |
KILLINGLY ROBOTICS CLUB KILLINGLY HIGH SCHOO PURPOSE: SPONSORSHIP OF ROBOTICS PROGRAM | $15,000 |
TEEG PURPOSE: ALL STAR ADVENTURE PROGRAM | $20,000 |
AUDOBON SOCIETY PURPOSE: EDUCATION PROGRAM FOR KILLINGLY MIDDLE SCHOOL | $9,000 |