The Salizzoni Family Foundation Inc
- Assets
- $5.8m
- Revenue
- $487.3k
- Investments
- $5.4m
- Employees
- 0
- Location
- Jupiter, FL
- Founding
- 11/2000
- Data as of
- 12/2022
- EIN
- 65-0710698
Organization Overview
The Salizzoni Family Foundation Inc is located in Jupiter, FL. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salizzoni Family 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, Salizzoni Family Foundation Inc generated $487.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $489.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Salizzoni Family Foundation Inc has awarded 34 individual grants totaling $1,278,500. 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 |
|---|---|---|---|
Susan Reverdy President | 2 | $0 | |
Laura Dean Director | 1 | $0 | |
John Salizzoni Director | 1 | $0 | |
Frank Salizzoni Director | 2 | $0 | |
Sarah Salizzoni Vp, Sec/tr/d | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $126,679 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $360,592 |
| Capital Gain Net Income | $345,509 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $487,271 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,951 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,373 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $58,070 |
| Contributions, gifts, grants paid | $431,000 |
| Total expenses and disbursements | $489,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $477,583 |
| 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 | $311,082 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,834,535 |
| 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, The Salizzoni Family Foundation Inc has awarded $431,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
JUPITER MEDICAL CENTER FDN PURPOSE: HEALTH SERVICES | $12,000 |
KYBELE WORLDWIDE PURPOSE: CHILDREN HEALTH SERVICES | $10,000 |
LOX EDUCATIONAL FOUNDATION PURPOSE: SCHOLARSHIPS | $5,000 |
PENN STATE SCHOLARSHIPS PURPOSE: SCHOLARSHIPS | $372,000 |
ST JUDE CHILDREN HOSPITAL PURPOSE: HEALTH SERVICES | $1,000 |
ERIN WILSON FOUNDATION PURPOSE: HEALTH SERVICERS | $1,000 |