Fabris Family Charitable Foundation
- Assets
- $410.2k
- Revenue
- $53.0k
- Investments
- $380.1k
- Employees
- 0
- Location
- Capitola, CA
- Founding
- 04/1998
- Data as of
- 12/2022
- EIN
- 77-0472489
Organization Overview
Fabris Family Charitable Foundation is located in Capitola, CA. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Fabris Family 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 12/2022, Fabris Family Charitable Foundation generated $53.0k 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 (6.5%) each year. All expenses for the organization totaled $82.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR CHARITABLE, EDUCATIONAL, CULTURAL AND ATHLETIC ORGANIZATIONS BENEFITTING THE COMMUNITY, INCLUDING RELATED ADMINISTRATIVE COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Fabris Director | 8 | $0 | |
Lori J Fabris Director | 8 | $0 | |
Joseph Fabris President | 2 | $0 | |
Lori Fabris Vp/secy/treas. | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $54 |
| Dividends & Interest | $6,056 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,876 |
| Capital Gain Net Income | $46,876 |
| Net ST Capital Gain | $3,787 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $52,986 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,069 |
| Total operating and administrative expenses | $43,457 |
| Contributions, gifts, grants paid | $39,234 |
| Total expenses and disbursements | $82,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,616 |
| 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 | $71,666 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,538 |
| Total assets | $410,213 |
| Accounts payable and accrued expenses | $4,615 |
| 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 | $4,615 |
Grants Awarded
Over the last fiscal year, Fabris Family Charitable Foundation has awarded $36,230 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
USAT&F FOUNDATION PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $5,000 |
SECOND HARVEST FOOD BANK SANTA CRUZ COUNTY PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $1,160 |
SANTA CRUZ MOUNTAIN TRAIL STEWARDSHIP PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $2,125 |
CAL POLY PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $50 |
MORCA PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $100 |
IMBA PURPOSE: SUPPORT OF OTHER CHARITABLE ORGANIZATIONS | $150 |