Michael G Cantonis Foundation Inc
- Assets
- $2.4m
- Revenue
- $66.5k
- Investments
- $2.3m
- Employees
- 0
- Location
- Palm Harbor, FL
- Founding
- 07/1983
- Data as of
- 12/2023
- EIN
- 59-2214565
Organization Overview
Michael G Cantonis Foundation Inc is located in Palm Harbor, FL. The organization was established in 1983. 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. Michael G Cantonis 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 12/2023, Michael G Cantonis Foundation Inc generated $66.5k 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 (6.5%) each year. All expenses for the organization totaled $115.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Michael G Cantonis Foundation Inc has awarded 96 individual grants totaling $1,126,090. 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.
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 |
|---|---|---|---|
George M Cantonis President/director | 1 | $0 | |
Cynthia C Heller Vp/director | 1 | $0 | |
James M Cantonis Vp/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $74,316 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,849 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,467 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,387 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,289 |
| Total operating and administrative expenses | $24,626 |
| Contributions, gifts, grants paid | $91,000 |
| Total expenses and disbursements | $115,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $564 |
| Savings and temporary cash investments | $104,913 |
| 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 | $2,389,161 |
| 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, Michael G Cantonis Foundation Inc has awarded $91,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BERKELEY PREPARATORY SCHOOL PURPOSE: EDUCATIONAL | $5,000 |
ARC TAMPA BAY FOUNDATION PURPOSE: CHARITABLE | $9,500 |
CHILDRENS HOME SOCIETY PURPOSE: CHARITABLE | $2,500 |
CLEARWATER FREE CLINIC PURPOSE: HEALTH | $12,500 |
HOLY TRINITY GREEK ORTHODOX CHURCH PURPOSE: RELIGIOUS | $1,000 |
HELLENIC COLLEGE HOLY CROSS PURPOSE: EDUCATIONAL | $25,000 |