The John And Frank Sparacio Charitable Foundation Inc is located in Pennington, NJ. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. John And Frank Sparacio 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 12/2023, John And Frank Sparacio Charitable Foundation Inc generated $765.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $976.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, John And Frank Sparacio Charitable Foundation Inc has awarded 213 individual grants totaling $4,883,527. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martin T Lang President | 2 | $0 | |
Katri Brewer Delac Vp/fdn Grant/prog Mgr | 40 | $67,820 | |
Ruth L Haines Secretary/treas | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $548,358 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $217,397 |
Capital Gain Net Income | $217,397 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $765,755 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $67,820 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $3,209 |
Interest | $0 |
Taxes | $18,634 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $5,622 |
Printing and publications | $0 |
Other expenses | $3,800 |
Total operating and administrative expenses | $218,322 |
Contributions, gifts, grants paid | $758,409 |
Total expenses and disbursements | $976,731 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $12,349 |
Savings and temporary cash investments | $195,238 |
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 | $15,211,059 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $15,418,646 |
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 |
Over the last fiscal year, The John And Frank Sparacio Charitable Foundation Inc has awarded $758,409 in support to 37 organizations.
Grant Recipient | Amount |
---|---|
CAL POLY FOUNDATION PURPOSE: AISA SCHOLARSHIPS | $25,000 |
SATCHELS LAST RESORT PURPOSE: CANINE BEHAVIOR | $7,120 |
HOPITUTUQAIKI PURPOSE: HOPITUTUAQIKI LANGUAGE | $20,000 |
UNITED PALESTINIAN APPEAL PURPOSE: TAMER INSTITUTE | $6,000 |
AFARI-AMERICAN FRIENDS ASIAN RURAL INST PURPOSE: LEADER'S TRAINING, | $35,000 |
HUDSON HIGHLANDS LAND TRUST PURPOSE: UNRESTRICTED GENERAL | $15,000 |